Reported Late Tuesday March 7, Ellington Residential Announces Estimated Book Value Of $8.56 Per Share As Of February 28, 2023
Happy Mohamed 3 years ago
EarningsNews
Ellington Residential Mortgage REIT (NYSE:EARN) (the "Company") today announced its estimated book value per share of $8.56 as of February 28, 2023, which reflects a year-to-date total economic return
Ellington Residential Mortgage REIT (NYSE:EARN) (the "Company") today announced its estimated book value per share of $8.56 as of February 28, 2023, which reflects a year-to-date total economic return of approximately 3.8% through February 28, 2023. This corrects the Company's commentary on its earnings call earlier today, where it estimated its book value per share, as opposed to its year-to-date total economic return, as having increased close to 4% through February 28, 2023.