Ellington Residential Mortgage REIT (EARN) Tops Q2 EPS by 5c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- 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
Ellington Residential Mortgage REIT Reports Second Quarter 2021 Results
August 2, 2021 4:10 PM EDTOLD GREENWICH, Conn.--(BUSINESS WIRE)-- Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today reported financial results for the quarter ended June 30, 2021.
Highlights
Net loss of $(4.5) million, or $(0.36) per share. Core Earnings1 of $4.6 million, or $0.37 per share; raised quarterly dividend to $0.30 per share, a 7% increase from the prior level. Book value of $12.53 per share as of June 30, 2021, which includes the effect of a second quarter dividend of $0.30 per share. Net interest margin2 of 2.04%. Weighted average constant prepayment rate ("CPR") for the fixed-rate... More