Is Ellington Residential Mortgage (EARN) overvalued? · P/E 16, $163.8M cap
Ellington Residential Mortgage (EARN) is a asset management company listed on NYSE.
This page asks whether Ellington Residential Mortgage (EARN) looks expensive on cached numbers — not a short thesis.
No cached income statement for EARN, so there is no earnings base to call rich or cheap.
EARN currently screens at market cap $163.8M and trailing P/E 15.6. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next EARN 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the EARN stock page for the full model, not this heading.
Not investment advice.