Forget Nvidia, Buy Elon's Supplier Instead
Luke Lango already gave his readers a chance to profit from this A.I. boom... And turn $1,000 into almost $9,000 in Microsoft...More than $92,000 in AMD... and almost $20,000 in Nvidia. And now he just issued a new buy alert on this A.I. company with ties to Elon Musk.
Financials
| Curr Year EPS Estimate | 1.30 |
| Next Quarter EPS Estimate | 0.34 |
| Profit Margin | 42.70 |
| Return on Assets | 0.02 |
| Return on Equity | 0.12 |
| Revenue | 471,000 |
| Earnings Per Share | 1.63 |
| Revenue Per Share | 0.04 |
| Gross Profit | 471,000 |
| Quarterly Revenue Growth | -0.02 |
General
| Name | Ellington Residential Mortgage REIT |
| Ticker | EARN |
| Exchange | NYSE |
| Sector | Real Estate |
| Industry | REIT-Mortgage |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
About Ellington Residential Mortgage REIT
Ellington Residential Mortgage REIT, a real estate investment trust, specializes in acquiring, investing in, and managing residential mortgage-and real estate-related assets. It acquires and manages residential mortgage-backed securities (RMBS), 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. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. Ellington Residential Mortgage REIT was founded in 2012 and is based in Old Greenwich, Connecticut.
Dividend
Ellington Residential Mortgage REIT pays out a dividend of $1.12 per share, with a dividend yield of 13.33%.
EARN's last dividend payment was made to shareholders on April 26, 2021.
They pay out 88.89% of their earnings out as a dividend.
Recent Dividends
| Apr 25, 2024 | $0.08 |
| Mar 25, 2024 | $0.08 |
| Feb 26, 2024 | $0.08 |
| Jan 25, 2024 | $0.08 |
| Dec 26, 2023 | $0.08 |
| Nov 27, 2023 | $0.08 |
| Oct 25, 2023 | $0.08 |
| Sep 25, 2023 | $0.08 |
Double Play in Asia: TotalEnergies Expands Gas Portfolio in Malaysia and Oman
TotalEnergies to acquire 50% stake in SapuraOMV for $530M, becoming major gas operator in Malaysia. Also partners with Oman LNG for LNG supply and solar project.
High School Students 'On Right Track' With AI Tools Despite Cheating Epidemic, Says Munster; Elon Musk Agrees
rvey conducted in 2023 found that 44% of teens were likely to use AI to do their schoolwork, with 60% considering it cheating.
MUST SEE By May 1: Beware Biden's Trojan Horse - Ad
It could usher in the most radical transformation of our money we've ever seen in America's history... trigger a surprise election outcome in the coming months... and fundamentally alter the value of your savings forever. One 24-year market veteran warns that most Americans simply aren't prepared for what's coming on May 1.
'Not Something Steve Jobs Would Probably Do': Gurman Says Apple Should Go Against The Grain And Lower iPhone's Price Point
Apple is expected to see a year-over-year sales decline in the March quarter, as both its flagship iPhone and the crucial China market are facing challenges.
Lawsuit alleges negligence in hiring of maintenance man accused of torturing resident
BALTIMORE (AP) — April Hurley’s attacker entered her apartment after identifying himself as the building maintenance man — a job he should never have obtained, according to a lawsuit filed Monday that accuses the property owner and management company of engaging in negligent hiring practices.
One Crypto Can Change Your Financial Life - Ad
The catch is you won't be able to become a millionaire by buying Bitcoin today. There are five little-known coins I've discovered that I believe will skyrocket over the course of the next few months.
Elizabeth Warren Says Trump Had Only 2 Accomplishments As President: 'Huge Difference Between' Biden, Trump
Elizabeth Warren thinks Donald Trump only accomplished two things when he was president and neither is highlighted as a positive by the senator.
Latest Bitcoin Halving Could Cost Miners Billions Of Dollars In Revenue: Report
On Friday, the Bitcoin (CRYPTO: BTC) network underwent its fourth halving since 2012, a pivotal event that halved the mining reward — the amount of Bitcoin awarded
A.I. Pioneer Warns: "I thought we had more time..." - Ad
A radical new A.I. development is about to blindside millions of Americans. This early A.I. pioneer just issued an urgent warning explaining everything.
Courtroom Appearances By These Two Members Of Donald Trump's Family Could Help Him In Hush-Money Trial, Say Experts
As former President Donald Trump faces a hush-money trial, legal experts suggest that the presence of his wife, former First Lady Melania Trump, and daughter, Ivanka Trump, could significantly influence t
A ban on single-use plastics takes effect in Hong Kong in a bid to reduce pollution
HONG KONG (AP) — Hong Kong has long been a major producer and consumer of great food, and a great amount of plastic and Styrofoam to go with it.
Elon Did It Again: This Could be Bigger than Tesla - Ad
After revolutionizing online payment processing (PayPal), space exploration (SpaceX) and the auto industry (Tesla)... He's getting ready to do it again with his new A.I. venture. This could be bigger than Tesla, bigger than SpaceX, and bigger than Paypal.
Olympic track uniforms spark online debate about who designed them and why they're so skimpy
PARIS (AP) — U.S. track and field athletes have around four dozen pieces to choose from when assembling their uniforms at the Olympics. The one grabbing the most attention is a high-cut leotard that barely covers the bikini line and has triggered debate between those who think it is sexist and others who argue they don't need the internet to make sure they have good uniforms.
Kimberly Palmer: How to escape from a money rut
Sometimes, climbing out of a money rut starts with a pep talk — to yourself.
What Should You Be Doing To "A.I.-Proof" Your Retirement? - Ad
A.I. is creeping into every aspect of our daily lives... According to billion-dollar fund manager Louis Navellier, it's never been more important to A.I.-proof your wealth. He lays out three simple steps to take ASAP in his latest video.
Kroger, Albertsons -- still hoping to merge -- agree to sell more stores to satisfy regulators
Supermarket chains Kroger and Albertsons said Monday they will sell more of their stores in an effort to quell the federal government’s concerns about their proposed merger.
Apple CEO says that he wants to increase investments in Vietnam
HANOI, Vietnam (AP) — Apple CEO Tim Cook said Tuesday that he wants to further increase investment in Vietnam a day after the company announced it would spending on suppliers in the Southeast Asian manufacturing hub.
Gold: Now Legal Tender - Ad
Most Americans missed this big story, but 1 in 5 states have now made gold and silver coins legal tender. It's just one reason why so many predict gold will soon hit $5,000. And why you need to check out this $5 strategy for gold immediately.
Last Week's Worst-Performing Stocks: Are These 11 Large-Cap Stocks In Your Portfolio?
Last week's worst performers included Arm Holdings, Coinbase Global, Live Nation Entertainment and J.B. Hunt Transport Services.
European Union official urges G7 to step up air defense for Ukraine and expand Iran sanctions
CAPRI, Italy (AP) — The European Union’s top diplomat urged Group of Seven foreign ministers on Thursday to take quick, concrete steps to provide more air defense systems to Ukraine, warning that continued delays could tilt in Moscow’s favor.
Buy This A.I. Stock Before Elon's "A.I. Day" on May 16 - Ad
Luke Lango is now recommending this little-known A.I. stock because it could supply Elon Musk with a critical piece of infrastructure for his new A.I. venture, something Luke is calling "Elon's A.I. 2.0". Once Elon reveals it on May 16, you may have missed the biggest gains.
Cathie Wood's Ark Invest Continues To Shed Coinbase, Nvidia Shares
On Monday, Cathie Wood-led Ark Invest made significant trades involving Coinbase Global Inc. (NASDAQ:COIN) and NVIDIA Corp. (NASDAQ:NVDA). The COIN Trade
'Trump Is A Force of Nature': Reince Priebus Has Raised $70M For GOP Convention Despite Being Pushed Out By Former President
Despite being pushed out by Trump, Reince Priebus raised $70 million for the GOP convention, navigating Trump's presence with caution.
Bill Gates Is Raving About WHAT?! - Ad
The legendary Microsoft founder says that this tech "will be as revolutionary as the personal computer." It could create a new generation of millionaire investors by the end of the decade.
Earnings Scheduled For April 23, 2024
Companies Reporting Before The Bell • RTX (NYSE:RTX) is expected to report quarterly earnings at $1.23 per share on revenue of $18.41 billion.
TikTok To Remove Executive Responsible For Allaying US National Security Concerns Amid Rising Regulatory Heat
TikTok reportedly plans to remove its U.S.-based general counsel, Erich Andersen, amid ongoing U.S. government concerns over national security, despite Andersen leading efforts to mitigate these concerns and a bill moving through Congress that could force TikTok's sale or face a ban.
"Gold's Final Bull Market Has Just Begun..." - Ad
The last time an event this seismic played out, gold surged 2,382%... yet most Americans had no clue it was even happening. Today, a Stansberry Senior Partner and former Goldman Sachs VP is pulling back the curtain on this strange story playing out in the upper echelons of world finance. And even if you've never owned an ounce of gold, this could impact everything from your investments to your mortgage.
US Base In Syria Targeted By Rockets Fired From Iraq, Washington Strikes Back: Report
At least five rockets were fired from Iraq towards a U.S. military base in northeastern Syria. This marks the first attack on U.S. forces since early February.
Atlantic City mayor: I'm committed to my family and city while dealing with daughter abuse charges
ATLANTIC CITY, N.J. (AP) — Atlantic City Mayor Marty Small said Thursday he remains committed to his family and to his city as he deals with charges that he and his wife
On Location at My No. 1 A.I. Stock Pick - Ad
In this video, I go on location to share the name, ticker symbol, and story behind my #1 A.I. stock pick. I can almost guarantee you've never heard of this company -- but soon you, your friends, and your family will likely all be using it.
Bitcoin, Ethereum, Dogecoin Plunge, $878M Liquidated: 'Just Set Alerts At $60,000 And $74,000 And Walk Away,' Says Crypto Expert
Major cryptocurrencies dropped amid geopolitical risks, with $877.8M liquidated in crypto derivatives market. Total market cap down 3.35%.
Missouri's $2B Marijuana Market Hits Record Sales In March, Eyes Future Growth With Microbusiness Licenses
The Missouri cannabis market set a new monthly sales record in March, reaching nearly $125 million. According to the latest data from the Missouri Department of Health and Senior Services (DHSS), the adult-use cannabis sector contributed $108.7 million in March, with medical cannabis adding another $16 million, culminating in a total of $124.7 million.
Buy This A.I. Stock Before Elon's Announcement - Ad
Hurry... Elon Musk has promised that he "will share more information [about this A.I. project] over the next couple of weeks." If he mentions the name of this supplier in a press conference, there's no telling how high shares could go.
An NPR editor who wrote a critical essay on the company has resigned after being suspended
NEW YORK (AP) — A National Public Radio editor who wrote an essay criticizing his employer for promoting liberal views resigned on Wednesday, a day after it was revealed that .
Trump Committed 'Conspiracy To Undermine The Integrity Of A Presidential Election,' Prosecution Alleges In Hush Money Trial
Opening statements kicked off the hush money trial against Donald Trump on Monday, April 22.
Why James Altucher SOLD All His Bitcoin - Ad
Crypto genius James Altucher has been praising Bitcoin since it was trading for $61. But now he's buying another coin like crazy... and it's not Bitcoin!
Supreme Court will take up the legal fight over ghost guns, firearms without serial numbers
WASHINGTON (AP) — The agreed on Monday to take up a Biden administration appeal over the regulation of difficult-to-trace that had been struck down by lower courts.
Israeli Military Intel Chief Resigns Over Hamas Attack Failures: 'I Have Carried That Black Day With Me Ever Since'
The attack, which occurred on October 7, involved thousands of Hamas and other group fighters breaching high-tech security barriers around Gaza, catching Israeli forces off guard and wreaking havoc in nearby communities.
Bitcoin Gained 164% in 2023 but Crypto Millionaire Abandoned It for This - Ad
A certain crypto genius and millionaire has been praising Bitcoin since it was trading for $61. Even though it gained 164% last year, he's now recommending a different cryptocurrency. In fact, he's betting his own money on and buying it like crazy.
EXCLUSIVE: Industry Leaders Predict How The Bitcoin Halving Impacts Prices And Mining
As the cryptocurrency world braces for the upcoming Bitcoin halving, industry leaders told Benzinga they expect significant market shifts, voicing concerns over mining centralization.
Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.