Ellington Residential Mortgage REIT (NYSE:EARN) Issues Earnings Results, Hits Estimates

Trading was heavy with 282K shares changing hands in the last trading session. The Company specializes in acquiring, investing in and managing residential mortgage- and real estate-related assets.

Ellington Residential Mortgage 's P/E ratio is 11.03 and the market cap is 175.98M.

About 190,553 shares traded. Panagora Asset Mgmt Inc reported 0% in Ellington Residential Mortgage REIT (NYSE:EARN). It has outperformed by 15.18% the S&P500. The Stock becomes significant when you consider how many shares are shorted versus the average daily volume, means how many days to cover those short shares at that volume. Morgan Stanley now owns 700 shares with a value of $10,000. The stock declined 0.20% or $0.23 reaching $116.71 per share. The rating was downgraded by IBC on Monday, August 15 to "Underperformer".

Analysts await Monsanto Company (NYSE:MON) to report earnings on October, 4 before the open. During the same period in the previous year, the business earned $0.63 earnings per share. The real estate investment trust reported $0.69 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.62 by $0.07. The shares were acquired at an average price of $25.33 per share, with a total value of $50,660.00. Its down 0.82, from 1.57 in 2016Q3.

Morgan Stanley reduced its position by shedding 9,722 shares a decrease of 93.3% as of 06/30/2017. Opus Investment Management Inc, a Massachusetts-based fund reported 89,165 shares. Sei Invests reported 190 shares stake. Vanguard Group Inc accumulated 415,787 shares. Atria Invests Limited has 0.05% invested in Monsanto Company (NYSE:MON). 260,000 are owned by Fmr Ltd Liability Corp. Amer Group Incorporated has 138,895 shares. Blackrock Fund Advsrs reported 171,170 shares. 2,117 are owned by Fincl Architects Incorporated. The company is expected to report EPS as high as $0.66 and as low as $0.66 per share. Farr Miller And Washington Ltd Limited Liability Company Dc has invested 0.04% in Monsanto Company (NYSE:MON). Commonwealth Of Pennsylvania School Empls Retrmt has invested 0.36% in Monsanto Company (NYSE:MON). The Company, through subsidiaries, owns a portfolio of branded and generic prescription products. Citigroup Inc now controls 57 shares with a value of $1,000. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. Ellington Residential Mtg had 4 analyst reports since August 6, 2015 according to SRatingsIntel. The company was upgraded on Friday, January 6 by CLSA. The firm has "Neutral" rating by Citigroup given on Friday, August 12. The firm earned "Buy" rating on Tuesday, June 14 by UBS.

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JM Smucker Company (The) (NYSE:SJM) Shares Sold by Clean Yield Group
Raymond James Financial Services Advisors Inc increased Smucker J M Co ( SJM ) stake by 24.55% reported in 2016Q4 SEC filing. Congress Asset Management Company bought 2,352 shares as the company's stock declined 7.31% while stock markets rallied.

Sell-side analysts also have something to say about this ARR. This represents a $1.60 annualized dividend and a dividend yield of 11.24%. 3,337 shares were sold by HOLLOWAY JANET M, worth $393,766. Acadian Asset Management LLC owned approximately 5.14% of Ellington Residential Mortgage REIT worth $6,886,000 at the end of the most recent quarter. Over the past 2 quarters, ARMOUR Residential REIT, Inc. (ARR) Ex-Dividend Date Scheduled for August 11, 2017" on August 04, 2017, also Seekingalpha.com with their article: "Armour Residential: "Attractive Purchase With Safe Dividend" published on February 22, 2017, Seekingalpha.com published: "Armour Residential REIT: "Prepare To Be Mindblown" on May 02, 2017. ARMOUR Residential REIT, Inc.

ARMOUR Residential REIT (NYSE:ARR) last released its earnings results on Wednesday, July 26th.

ARMOUR Residential REIT (NYSE:ARR) traded up 0.35% on Thursday, hitting $25.80. Therefore 0 are positive. Ellington Residential Mortgage REIT had a return on equity of 12.25% and a net margin of 44.93%. As per Monday, November 9, the company rating was maintained by Deutsche Bank. The stock has "Hold" rating by Deutsche Bank on Wednesday, August 2. The stock of ARMOUR Residential REIT, Inc. Cooper Cos Inc (NYSE:COO) was reduced too. The firm has "Underweight" rating by Barclays Capital given on Thursday, August 4. On Tuesday, September 29 the stock rating was maintained by Scotia Capital with "Sector Outperform". "(NYSE:ARR) Upgraded to Strong-Buy at BidaskClub" was first posted by StockNewsTimes and is the property of of StockNewsTimes. Ladenburg Thalmann had a markedly different take on 04/05/2016, proposing that ARR is now considered Neutral versus prior Buy rating. Finally, AQR Capital Management LLC purchased a new stake in ARMOUR Residential REIT during the fourth quarter valued at about $402,000. Nonetheless, from here on out, earnings per share forecasts for the current quarter are $0.66.

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