$0.43 EPS Expected for Ellington Residential Mortgage REIT (EARN); City Office REIT (CIO) Has 1.61 Sentiment

January 31, 2018 - By Migdalia James

Analysts expect Ellington Residential Mortgage REIT (NYSE:EARN) to report $0.43 EPS on February, 8.They anticipate $0.04 EPS change or 8.51% from last quarter’s $0.47 EPS. EARN’s profit would be $5.73 million giving it 6.40 P/E if the $0.43 EPS is correct. After having $0.43 EPS previously, Ellington Residential Mortgage REIT’s analysts see 0.00% EPS growth. The stock decreased 0.09% or $0.01 during the last trading session, reaching $11.01. About 123,969 shares traded or 6.80% up from the average. Ellington Residential Mortgage REIT (NYSE:EARN) has risen 12.51% since January 31, 2017 and is uptrending. It has underperformed by 4.19% the S&P500.

City Office REIT, Inc. is an equity real estate investment trust. The company has market cap of $419.90 million. The firm invests in the real estate markets of the United States. It currently has negative earnings. It acquires, own and operate high-quality office properties.




Ellington Residential Mortgage REIT, a real estate investment trust, specializes in acquiring, investing in, and managing residential mortgage-and real estate-related assets. The company has market cap of $146.83 million. It acquires and manages residential mortgage-backed securities , including agency pools and agency collateralized mortgage obligations (CMOs); and non-agency RMBS comprising non-agency CMOs, such as investment grade and non-investment grade. It has a 9.67 P/E ratio. The firm has elected to be taxed as a real estate investment trust.

Among 2 analysts covering Ellington Residential Mtg (NYSE:EARN), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Ellington Residential Mtg had 4 analyst reports since August 6, 2015 according to SRatingsIntel. The company was maintained on Wednesday, August 2 by Deutsche Bank. The rating was maintained by Citigroup with “Neutral” on Friday, August 12. The firm earned “Hold” rating on Thursday, August 6 by Deutsche Bank. The rating was maintained by Citigroup on Monday, September 14 with “Neutral”.

Investors sentiment decreased to 2.11 in 2017 Q3. Its down 4.75, from 6.86 in 2017Q2. It turned negative, as 6 investors sold Ellington Residential Mortgage REIT shares while 12 reduced holdings. 11 funds opened positions while 27 raised stakes. 8.71 million shares or 45.20% less from 15.89 million shares in 2017Q2 were reported. Barclays Public Limited accumulated 397 shares. Acadian Asset Mgmt Lc, Massachusetts-based fund reported 497,350 shares. Mackenzie Fincl Corp owns 46,033 shares or 0% of their US portfolio. The Massachusetts-based Baldwin Brothers Ma has invested 0% in Ellington Residential Mortgage REIT (NYSE:EARN). Moreover, Wells Fargo & Mn has 0% invested in Ellington Residential Mortgage REIT (NYSE:EARN) for 4,660 shares. Moreover, Ativo Limited Liability Corporation has 0.35% invested in Ellington Residential Mortgage REIT (NYSE:EARN) for 90,020 shares. Fmr Limited Liability Company has invested 0% in Ellington Residential Mortgage REIT (NYSE:EARN). Vanguard Gru stated it has 477,866 shares or 0% of all its holdings. Strs Ohio owns 2,400 shares or 0% of their US portfolio. Bessemer Group Inc Inc Inc owns 24,200 shares. National Bank & Trust Of America Corp De, North Carolina-based fund reported 968 shares. California Public Employees Retirement Sys has 0% invested in Ellington Residential Mortgage REIT (NYSE:EARN). State Treasurer State Of Michigan reported 0.07% stake. State Street holds 0% or 128,869 shares. Invesco Ltd stated it has 67,103 shares.

Orinda Asset Management Llc holds 6.21% of its portfolio in City Office REIT, Inc. for 491,580 shares. Real Estate Management Services Llc owns 670,343 shares or 1.9% of their US portfolio. Moreover, Icm Asset Management Inc Wa has 1.35% invested in the company for 84,360 shares. The Connecticut-based Ardsley Advisory Partners has invested 1.34% in the stock. Perritt Capital Management Inc, a Illinois-based fund reported 277,310 shares.

The stock decreased 0.51% or $0.06 during the last trading session, reaching $11.66. About 243,720 shares traded. City Office REIT, Inc. (CIO) has risen 7.65% since January 31, 2017 and is uptrending. It has underperformed by 9.05% the S&P500.

Analysts await City Office REIT, Inc. (NYSE:CIO) to report earnings on March, 1. They expect $0.27 earnings per share, up 17.39% or $0.04 from last year’s $0.23 per share. CIO’s profit will be $9.72 million for 10.80 P/E if the $0.27 EPS becomes a reality. After $0.19 actual earnings per share reported by City Office REIT, Inc. for the previous quarter, Wall Street now forecasts 42.11% EPS growth.

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