Is Ellington Residential Mortgage Reit Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NYSE: EARN) stock is to Strong Buy EARN stock.
Out of 1 analyst, 1 (100%) are recommending EARN as a Strong Buy, 0 (0%) are recommending EARN as a Buy, 0 (0%) are recommending EARN as a Hold, 0 (0%) are recommending EARN as a Sell, and 0 (0%) are recommending EARN as a Strong Sell.
According to 1 Wall Street analyst that have issued a 1 year EARN price target, the average EARN price target is $8.00, with the highest EARN stock price forecast at $8.00 and the lowest EARN stock price forecast at $8.00.
The Wall Street analyst predicted that Ellington Residential Mortgage Reit's share price could reach $8.00 by Oct 3, 2023. The average Ellington Residential Mortgage Reit stock price prediction forecasts a potential upside of 9.59% from the current EARN share price of $7.30.
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