Ellington Residential Mortgage REIT Reports Second Quarter 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/20/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
Ellington Residential Mortgage REIT (EARN) Tops Q2 EPS by 1c
August 4, 2020 5:43 PM EDTEllington Residential Mortgage REIT (NYSE: EARN) reported Q2 EPS of $0.26, $0.01 better than the analyst estimate of $0.25.
Highlights
Net income of $21.3 million, or $1.73 per share; year-to-date net income of $4.6 million, or $0.37 per share.Core Earnings1 of $3.2 million, or $0.26 per share.Book value of $12.80 per share as of June 30, 2020, which includes the effect of a second quarter dividend of $0.28 per share. Economic return of 15.3% for the quarter, and year-to-date economic return of 3.5%.Net interest margin2 of 1.86%.Weighted average constant prepayment rate ("CPR") for the fixed-rate Agency specified pool portfolio of... More