Ellington Residential Mortgage REIT

Ellington Residential Mortgage REIT ("EARN") specializes in acquiring, investing in and managing residential mortgage- and real estate-related assets, with a primary focus on residential mortgage-backed securities for which the principal and interest payments are guaranteed by a U.S. Government agency or a U.S. Government-sponsored enterprise.

Company Growth (employees)
Type
Public
HQ
Greenwich, US
Founded
2012
Size (employees)
160 (est)
Ellington Residential Mortgage REIT was founded in 2012 and is headquartered in Greenwich, US

Ellington Residential Mortgage REIT Office Locations

Ellington Residential Mortgage REIT has an office in Greenwich
Greenwich, US (HQ)
53 Forest Ave

Ellington Residential Mortgage REIT Data and Metrics

Ellington Residential Mortgage REIT Financial Metrics

Ellington Residential Mortgage REIT's revenue was reported to be $16.9 m in FY, 2016
USD

Net income (Q1, 2017)

2.1 m

Market capitalization (17-Aug-2017)

155.7 m

Cash (31-Mar-2017)

37.5 m
Ellington Residential Mortgage REIT's current market capitalization is $155.7 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.4 m21.9 m5.2 m16.9 m

Revenue growth, %

809%(76%)227%

Sales and marketing expense

534 k

Operating expense total

1.2 m1.1 m

Interest expense

1.8 m(2.7 m)

Interest income

9.3 m9.2 m

Net Income

(536 k)(536 k)30 k2 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Sales and marketing expense

592 k557 k528 k528 k539 k527 k

Operating expense total

592 k557 k528 k528 k539 k527 k

Interest expense

(1.5 m)(1.6 m)(2.1 m)(2.3 m)(2.3 m)(3.2 m)

Interest income

9.8 m11.3 m9.7 m7.5 m7.1 m12.3 m

Net Income

13.8 m17.3 m3.7 m3.9 m(949 k)(239 k)3.3 m9.9 m2.1 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

50.1 m45.2 m40.2 m33.5 m

Accounts Receivable

4.8 m4.8 m4.3 m4.6 m

Total Assets

1.5 b1.5 b1.6 b1.4 b

Accounts Payable

764 k687 k1.4 m1.9 m

Total Liabilities

1.3 b

Additional Paid-in Capital

181.1 m181.3 m181 m181 m

Retained Earnings

(14.1 m)(18 m)(36.3 m)(39.4 m)

Total Equity

167.2 m163.4 m144.9 m141.7 m

Financial Leverage

9 x9.3 x10.7 x10.1 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

49.9 m51.1 m53.3 m44 m40.5 m41.2 m36.2 m43 m37.5 m

Accounts Receivable

5.8 m5.6 m4.5 m4.5 m4.8 m4.1 m4.4 m4.3 m5 m

Total Assets

1.5 b1.5 b1.6 b1.5 b1.5 b1.4 b1.5 b1.4 b1.5 b

Additional Paid-in Capital

181.2 m181.3 m181.3 m181.3 m181.1 m180.9 m180.9 m181 m181 m

Retained Earnings

(10.3 m)(11.8 m)(19.4 m)(24.2 m)(33.1 m)(40.6 m)(40.7 m)(37.8 m)(41 m)

Total Equity

171 m169.5 m162 m157.2 m148 m140.4 m140.3 m143.3 m140.1 m

Financial Leverage

8.9 x8.7 x9.7 x9.7 x10.2 x9.9 x10.5 x10 x10.5 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(536 k)(536 k)30 k11.9 m

Accounts Receivable

(39 k)(39 k)468 k(308 k)

Accounts Payable

674 k551 k

Cash From Operating Activities

56 k56 k24.8 m19.9 m

Cash From Investing Activities

(13.4 m)(13.4 m)90.1 m13.9 m

Dividends Paid

(19.2 m)(15.5 m)

Cash From Financing Activities

31.5 m

Interest Paid

5.6 m8.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

13.8 m17.3 m3.7 m3.9 m(949 k)(239 k)3.3 m9.9 m2.1 m

Accounts Receivable

(1 m)(835 k)342 k271 k9 k233 k(102 k)51 k(333 k)

Accounts Payable

(159 k)(173 k)164 k524 k729 k21 k(51 k)(20 k)(80 k)

Cash From Operating Activities

9.9 m11 m1.2 m13.6 m9.7 m10.8 m21.9 m26.5 m30.6 m

Cash From Investing Activities

24.3 m81.8 m123.9 m53.8 m98.1 m83.4 m(740 k)52.2 m(3.3 m)

Dividends Paid

(9.6 m)(14.6 m)(5 m)(10.1 m)(15.1 m)(4.1 m)(8.2 m)(11.9 m)(3.7 m)

Interest Paid

2.4 m3.5 m1.1 m2.3 m3.7 m2 m4.4 m6.6 m3.3 m
Y, 2017

Financial Leverage

10.5 x

Ellington Residential Mortgage REIT Market Value History

Traffic Overview of Ellington Residential Mortgage REIT

Ellington Residential Mortgage REIT News and Updates

BRIEF-Ellington Residential posts quarterly earnings $0.38/shr

* Net income for quarter was $3.5 million, or $0.38 per share

Ellington Residential Mortgage REIT Company Life and Culture

You may also be interested in