EARN Ellington Residential Mortgage REIT PE ratio, current and historical analysis
The current PE ratio for Ellington Residential Mortgage REIT stock as of Jan 30, 2025 is 5.4. This is calculated based on the current EPS of $1.23 and the stock price of $6.64 per share. The PE ratio has decreased by 68% from the past four quarters average of 17.1.
EARN PE ratio history
The average historical PE ratio of Ellington Residential Mortgage REIT for the last ten years is 20.67. The current price-to-earnings ratio of 5.4 is 74% less than the historical average. In the past ten years, EARN's PE ratio reached its highest point in the Mar 2019 quarter at 85, when the stock price was $11.9 and the EPS was $0.14. The lowest point was recorded in the Mar 2021 quarter, when it reached 4.1 with a price of $12.31 and an EPS of $3.
Ellington Residential Mortgage REIT PE ratio by year
Maximum annual increase: 32.01% in 2020
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 19.77 | N/A | $6.13 | $0.31 |
| 2022 | N/A | N/A | $6.86 | -$2.29 |
| 2021 | N/A | N/A | $10.39 | -$0.5 |
| 2020 | 8 | 32.01% | $13.04 | $1.63 |
| 2019 | 6.06 | N/A | $10.85 | $1.79 |
| 2018 | N/A | N/A | $10.23 | -$0.88 |
| 2017 | 12.95 | 30.41% | $12.04 | $0.93 |
| 2016 | 9.93 | N/A | $13.01 | $1.31 |
| 2015 | N/A | N/A | $12.35 | $0 |
| 2014 | 9.19 | N/A | $16.27 | $1.77 |
| 2013 | N/A | N/A | $15.38 | -$0.29 |
| 2012 | N/A | N/A | N/A | -$0.33 |
Ellington Residential Mortgage REIT PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 5.67 | -77.97% | $6.98 | $1.23 |
| Jun 2024 | 25.74 | 48.96% | $6.95 | $0.27 |
| Mar 2024 | 17.28 | -12.59% | $6.91 | $0.4 |
| Dec 2023 | 19.77 | 30.5% | $6.13 | $0.31 |
| Sep 2023 | 15.15 | -74.78% | $6.21 | $0.41 |
| Jun 2023 | 60.08 | N/A | $7.21 | $0.12 |
| Mar 2023 | N/A | N/A | $7.3 | -$0.79 |
| Dec 2022 | N/A | N/A | $6.86 | -$2.29 |
| Sep 2022 | N/A | N/A | $6.17 | -$3.41 |
| Jun 2022 | N/A | N/A | $7.47 | -$2.3 |
| Mar 2022 | N/A | N/A | $10.09 | -$1.84 |
| Dec 2021 | N/A | N/A | $10.39 | -$0.5 |
| Sep 2021 | 34.88 | 169.76% | $11.16 | $0.32 |
| Jun 2021 | 12.93 | 215.37% | $11.77 | $0.91 |
| Mar 2021 | 4.1 | -48.75% | $12.31 | $3 |
EARN average PE ratio chart
EARN's current P/E ratio is lower than the 3, 5 and 10-year averages.
EARN PE vs peers
When compared to its peer stocks UDR and CPT, EARN's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EARN Ellington Residential Mortgage REIT | 5.36 | $189.79M |
| UE Urban Edge Properties | 9.22 | $2.57B |
| TIPT Tiptree Inc | 18.31 | $746.3M |
| CPT Camden Property Trust | 35.64 | $12.09B |
| UDR UDR Inc | 112.41 | $13.72B |
Frequently asked questions
What is Ellington Residential Mortgage REIT's PE ratio?
EARN stock has a price to earnings ratio of 5.4 as of Jan 30, 2025.
What is the 3-year average PE ratio for Ellington Residential Mortgage REIT (EARN)?
The average PE ratio for EARN stock over the past 3 years is 23.95.
What is the 5-year average PE ratio for Ellington Residential Mortgage REIT (EARN)?
The average PE ratio for EARN stock over the past 5 years is 18.06.
What is the highest PE ratio for EARN?
The highest quarterly PE ratio in the last ten years has been 85 and it was in the Mar 2019 quarter.
How does the current PE ratio for EARN compare to its historical average?
The current price to earnings ratio of EARN is 74% lower than the 10-year historical average.
Why is Ellington Residential Mortgage REIT's PE ratio so low?
EARN's PE ratio of 5.4 is considered low because the company's stock price is trading at a lower multiple of earnings.
How is EARN's PE ratio calculated (Ellington Residential Mortgage REIT PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Jan 30, 2025), Ellington Residential Mortgage REIT's stock price is $6.64. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.23. Therefore, Ellington Residential Mortgage REIT's price to earnings ratio for today is 5.4. PE RATIO(5.4) = STOCK PRICE($6.64) / TTM EPS($1.23)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.