5 Best REIT Stocks with High Dividend Yields

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1. Ellington Residential Mortgage REIT (NYSE: EARN)

Number of Hedge Fund Holders: 4
Dividend Yield: 9.4%

Ellington Residential Mortgage REIT (NYSE: EARN) is a real estate investment trust specializing in the acquisition, investment, and managing of residential mortgage and real estate-related assets. The company ranks 1st on our list of the best REIT stocks with high dividend yields.

BTIG has a Buy rating on Ellington Residential Mortgage REIT (NYSE: EARN), alongside a $13.25 price target set by analyst Eric Hagen.

In the first quarter of 2021, Ellington Residential Mortgage REIT (NYSE: EARN) had an FFO of $0.31, missing estimates by $0.02. The company’s revenue was $5.75 million, up 52.18% year over year and beating estimates by $0.41 million. Ellington Residential Mortgage REIT (NYSE: EARN) has also gained about 5.46% in the past year.

By the end of the first quarter of 2021, 4 hedge funds out of the 866 tracked by Insider Monkey held stakes in Ellington Residential Mortgage REIT (NYSE: EARN) worth roughly $11.1 million. This is compared to 4 hedge funds in the previous quarter with a total stake value of about $13.05 million.

You can also take a peek at 10 Best Real Estate Stocks To Buy Now and 10 Best American Dividend Stocks to Invest In.

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