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NYSE:EFC

Ellington Financial (EFC) Stock Price, News & Analysis

$13.03
-0.10 (-0.76%)
(As of 09/6/2024 ET)
Today's Range
$12.98
$13.18
50-Day Range
$11.87
$13.38
52-Week Range
$10.88
$13.50
Volume
526,668 shs
Average Volume
997,260 shs
Market Capitalization
$1.11 billion
P/E Ratio
20.36
Dividend Yield
11.97%
Price Target
$13.85

Ellington Financial MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
6.3% Upside
$13.85 Price Target
Short Interest
Healthy
4.88% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.87mentions of Ellington Financial in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$272,866 Sold Last Quarter
Proj. Earnings Growth
21.90%
From $1.37 to $1.67 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.99 out of 5 stars

Finance Sector

424th out of 876 stocks

Real Estate Industry

8th out of 23 stocks

EFC stock logo

About Ellington Financial Stock (NYSE:EFC)

Ellington Financial Inc., through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. The company acquires and manages residential mortgage-backed securities (RMBS) backed by prime jumbo, Alt-A, manufactured housing, and subprime mortgage; RMBS for which the principal and interest payments are guaranteed by the U.S. government agency or the U.S. government-sponsored entity; residential mortgage loans; commercial mortgage-backed securities; and commercial mortgage loans and other commercial real estate debt. It also provides collateralized loan obligations; mortgage-related and non-mortgage-related derivatives; corporate debt and equity securities; corporate loans; and other strategic investments; and consumer loans and asset-backed securities backed by consumer and commercial assets. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Ellington Financial LLC was incorporated in 2007 and is headquartered in Old Greenwich, Connecticut.

EFC Stock Price History

EFC Stock News Headlines

“Risky” Dividend Trio Dishing Up to 12.6%, Now Safe Thanks to Fed?
In case you haven’t heard, the Federal Reserve is about to cut interest rates. That is big news for this trio of dividend payers, dishing between 11.1
Here’s A Painful Truth and 100% Fact About The Stocks You’re Holding
Charles Payne here, and I want to let you in on an uncomfortable truth that long term investors and retirees need to hear. It's shocking to me that more people aren't wise to this, as they are leaving money on the table from stocks they have a strong belief in. I call it "The Cash Flow Trade", and my team is going to teach you how and when to execute it in this free live event.
EFC Sep 2024 22.500 put (EFC240920P00022500)
Here’s A Painful Truth and 100% Fact About The Stocks You’re Holding
Charles Payne here, and I want to let you in on an uncomfortable truth that long term investors and retirees need to hear. It's shocking to me that more people aren't wise to this, as they are leaving money on the table from stocks they have a strong belief in. I call it "The Cash Flow Trade", and my team is going to teach you how and when to execute it in this free live event.
Ellington Financial Inc
3 High-Yield Stocks With Yields Over 10% to Buy Today
Ellington Financial Inc (1EL.BE)
See More Headlines
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Company Calendar

Ex-Dividend for 8/26 Dividend
7/31/2024
Last Earnings
8/06/2024
Dividend Payable
8/26/2024
Ex-Dividend for 9/25 Dividend
8/30/2024
Today
9/07/2024
Dividend Payable
9/25/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate
Sub-Industry
Real Estate
Employees
170
Year Founded
2007

Price Target and Rating

Average Stock Price Target
$13.85
High Stock Price Target
$15.00
Low Stock Price Target
$13.25
Potential Upside/Downside
+6.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$84.81 million
Pretax Margin
92.59%

Debt

Sales & Book Value

Annual Sales
$282.97 million
Cash Flow
$1.68 per share
Book Value
$14.02 per share

Miscellaneous

Free Float
81,300,000
Market Cap
$1.11 billion
Optionable
Optionable
Beta
1.97
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Key Executives

  • Mr. J. R. Herlihy (Age 42)
    CFO & Treasurer
    Comp: $741.26k
  • Mr. Christopher M. Smernoff (Age 46)
    Chief Accounting Officer
    Comp: $477.01k
  • Mr. Laurence Eric Penn (Age 62)
    CEO, President & Director
  • Mr. Mark Ira Tecotzky (Age 62)
    Co-Chief Investment Officer
  • Mr. Michael William Vranos (Age 62)
    Co-Chief Investment Officer
  • Mr. Daniel Reuven Margolis (Age 51)
    General Counsel
  • Mr. Vincent Ambrico
    Controller
  • Mr. Alaael-Deen Shilleh
    Associate General Counsel & Secretary

EFC Stock Analysis - Frequently Asked Questions

How have EFC shares performed this year?

Ellington Financial's stock was trading at $12.71 at the beginning of the year. Since then, EFC stock has increased by 2.5% and is now trading at $13.03.
View the best growth stocks for 2024 here
.

How were Ellington Financial's earnings last quarter?

Ellington Financial Inc. (NYSE:EFC) announced its quarterly earnings data on Tuesday, August, 6th. The financial services provider reported $0.33 EPS for the quarter, missing the consensus estimate of $0.36 by $0.03. The financial services provider earned $33.60 million during the quarter, compared to the consensus estimate of $37.20 million. Ellington Financial had a trailing twelve-month return on equity of 9.76% and a net margin of 103.55%.

Who are Ellington Financial's major shareholders?

Top institutional shareholders of Ellington Financial include Easterly Investment Partners LLC (2.12%), Van ECK Associates Corp (0.88%), Bank of New York Mellon Corp (0.77%) and Principal Financial Group Inc. (0.49%).
View institutional ownership trends
.

How do I buy shares of Ellington Financial?

Shares of EFC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Ellington Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ellington Financial investors own include Energy Transfer (ET), AGNC Investment (AGNC), Annaly Capital Management (NLY), NGL Energy Partners (NGL), AT&T (T), C3.ai (AI) and New Residential Investment (NRZ).

This page (NYSE:EFC) was last updated on 9/7/2024 by MarketBeat.com Staff

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