Ellington Residential Mortgage REIT (EARN) Misses Q4 EPS by 1c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/23/2026
- Nasdaq reaches record high close, AI stocks rally
- Meta AI agent triggers heavy selloff in banks, insurers, and travel stocks
- Exclusive: SB Energy Nasdaq IPO moving forward as planned
- AI and earnings keep driving markets as focus shifts to Trump-Xi summit
- Meta bull case increasingly playing out, Mizuho says
Ellington Residential Mortgage REIT Reports Fourth Quarter 2019 Results
February 10, 2020 4:10 PM ESTOLD GREENWICH, Conn.--(BUSINESS WIRE)-- Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today reported financial results for the quarter ended December 31, 2019.
Highlights
Net income of $9.7 million, or $0.78 per share. Core Earnings1 of $2.8 million, or $0.23 per share. Book value of $12.91 per share as of December 31, 2019, which includes the effect of a fourth quarter dividend of $0.28 per share. Net interest margin2 of 1.00%. Weighted average constant prepayment rate ("CPR") for the fixed-rate Agency specified pool portfolio of 14.9%. Dividend yield of 10.2% based on the February 7, 2020 closing... More