Credit Suisse Maintains Neutral on Ellington Residential, Lowers Price Target to $10
Credit Suisse analyst Douglas Harter maintains Ellington Residential (NYSE:EARN) with a Neutral and lowers the price target from $11.5 to $10.
Earnings Scheduled For March 7, 2022
Companies Reporting Before The Bell
• Niu Technologies (NASDAQ:NIU) is expected to report quarterly earnings at $0.21 per share on revenue of $144.02 million.
BTIG Downgrades Ellington Residential to Neutral
BTIG analyst Eric Hagen downgrades Ellington Residential (NYSE:EARN) from Buy to Neutral.
Earnings Scheduled For November 2, 2021
Companies Reporting Before The Bell
• Thomson Reuters (NYSE:TRI) is expected to report quarterly earnings at $0.48 per share on revenue of $1.86 billion.
Ellington Residential: Q2 Earnings Insights
Shares of Ellington Residential (NYSE:EARN) moved lower in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share rose 42.31% year over year to $0.37, which beat the estimate of $0.32.
Earnings Scheduled For August 2, 2021
Companies Reporting Before The Bell
• HSBC Holdings (NYSE:HSBC) is estimated to report earnings for its second quarter.
5 Value Stocks In The Real Estate Sector
What Defines a Value Stock?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.