Should I buy or sell Ellington Financial stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ellington Financial in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" EFC shares. View EFC analyst ratings or view top-rated stocks .

What is Ellington Financial's stock price target for 2024?

4 analysts have issued twelve-month price objectives for Ellington Financial's shares. Their EFC share price targets range from $13.25 to $15.00. On average, they predict the company's share price to reach $14.06 in the next year. This suggests a possible upside of 27.4% from the stock's current price. View analysts price targets for EFC or view top-rated stocks among Wall Street analysts .

How have EFC shares performed in 2024?

Ellington Financial's stock was trading at $12.71 at the beginning of the year. Since then, EFC stock has decreased by 13.1% and is now trading at $11.04. View the best growth stocks for 2024 here .

Are investors shorting Ellington Financial?

Ellington Financial saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 4,610,000 shares, an increase of 54.7% from the March 15th total of 2,980,000 shares. Based on an average daily volume of 1,140,000 shares, the days-to-cover ratio is presently 4.0 days. View Ellington Financial's Short Interest .

When is Ellington Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024. View our EFC earnings forecast .

How were Ellington Financial's earnings last quarter?

Ellington Financial Inc. (NYSE:EFC) released its earnings results on Monday, February, 26th. The financial services provider reported $0.40 EPS for the quarter, missing the consensus estimate of $0.41 by $0.01. The financial services provider earned $27.99 million during the quarter, compared to analyst estimates of $30.77 million. Ellington Financial had a net margin of 78.53% and a trailing twelve-month return on equity of 11.36%. During the same quarter in the prior year, the firm earned $0.42 EPS.

How often does Ellington Financial pay dividends? What is the dividend yield for Ellington Financial?

Ellington Financial declared a monthly dividend on Monday, April 8th. Investors of record on Tuesday, April 30th will be paid a dividend of $0.13 per share on Tuesday, May 28th. This represents a $1.56 dividend on an annualized basis and a yield of 14.13%. The ex-dividend date of this dividend is Monday, April 29th. Read our dividend analysis for EFC .

Is Ellington Financial a good dividend stock?

Ellington Financial (NYSE:EFC) pays an annual dividend of $1.56 per share and currently has a dividend yield of 13.94%. EFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 173.34%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, EFC will have a dividend payout ratio of 89.66% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for EFC .

What ETFs hold Ellington Financial's stock?

ETFs with the largest weight of Ellington Financial (NYSE:EFC) stock in their portfolio include Invesco KBW High Dividend Yield Financial ETF (KBWD) , Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) , WisdomTree Alternative Income Fund (HYIN) , VanEck Mortgage REIT Income ETF (MORT) and iShares Mortgage Real Estate ETF (REM) . Invesco S&P SmallCap Low Volatility ETF (XSLV) .

What other stocks do shareholders of Ellington Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other 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) , New Residential Investment (NRZ) , New York Mortgage Trust (NYMT) , Enterprise Products Partners (EPD) and Chimera Investment (CIM) .

Who are Ellington Financial's major shareholders?

Ellington Financial's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Optimum Investment Advisors (0.02%). 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 .

NYSE:EFC

Ellington Financial (EFC) Stock Price, News & Analysis

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Free EFC Stock Alerts

$11.04

+0.01 (+0.09%)

(As of 12:15 PM ET)

Compare

Today's Range: $10.88
▼
$11.06
50-Day Range: $10.92
▼
$12.32
52-Week Range: $10.88
▼
$14.21

Volume: 387,760 shs
Average Volume: 1.13 million shs
Market Capitalization: $939.06 million

P/E Ratio: 12.27
Dividend Yield: 14.13%
Price Target: $14.06

Get Ellington Financial alerts:

Ellington Financial MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 27.4% Upside
$14.06 Price Target
Short Interest: Bearish
5.42% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.54
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 13.73%
From $1.53 to $1.74 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.

3.34 out of 5 stars

Finance Sector

456th out of 856 stocks

Real Estate Industry

7th out of 24 stocks

3.4

Analyst's Opinion

Consensus Rating
Ellington Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Ellington Financial has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
5.42% of the outstanding shares of Ellington Financial have been sold short.
Short Interest Ratio / Days to Cover
Ellington Financial has a short interest ratio ("days to cover") of 4.
Change versus previous month
Short interest in Ellington Financial has recently increased by 54.70%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
Ellington Financial is a leading dividend payer. It pays a dividend yield of 13.94%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Ellington Financial does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Ellington Financial is 173.34%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Ellington Financial will have a dividend payout ratio of 89.66% in the coming year. This indicates that Ellington Financial may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for EFC.

2.5

News and Social Media Coverage

News Sentiment
Ellington Financial has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Ellington Financial this week, compared to 2 articles on an average week.
Search Interest
Only 47 people have searched for EFC on MarketBeat in the last 30 days. This is a decrease of -15% compared to the previous 30 days.
MarketBeat Follows
15 people have added Ellington Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ellington Financial insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.40% of the stock of Ellington Financial is held by insiders.
Percentage Held by Institutions
55.62% of the stock of Ellington Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Ellington Financial are expected to grow by 13.73% in the coming year, from $1.53 to $1.74 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ellington Financial is 12.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ellington Financial is 12.27, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.47.
Price to Book Value per Share Ratio
Ellington Financial has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

EFC Stock News Headlines

April 11, 2024 | msn.com

SBLK, EFC: 2 Best High-Yield Dividend Stocks to Buy, According to Analysts

April 9, 2024 | msn.com

Ellington Financial declares $0.13 dividend

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

April 8, 2024 | businesswire.com

Ellington Financial Declares Monthly Common Dividend

April 4, 2024 | seekingalpha.com

Ellington Financial: Well Positioned For A Housing Market Recovery

March 28, 2024 | msn.com

Ellington Financial reports an estimated book value per share of $13.66 as of February

March 27, 2024 | businesswire.com

Ellington Financial Announces Estimated Book Value Per Common Share as of February 29, 2024

March 25, 2024 | nz.finance.yahoo.com

“Titanic”'s Floating Door Sells for Whopping $718,750 at Auction, Beating Indiana Jones' Bullwhip

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

March 25, 2024 | businesswire.com

Ellington Financial Inc. Completes Proprietary Reverse Mortgage Loan Securitization

March 19, 2024 | ca.finance.yahoo.com

EFC Oct 2024 10.000 put

March 18, 2024 | seekingalpha.com

Ellington Financial: Shifting From The A To E Preferred Shares

March 16, 2024 | ca.finance.yahoo.com

EFC Apr 2024 7.500 call

March 16, 2024 | 247wallst.com

Want $20,000 In Passive Income? Invest $50,000 Into These 3 Dividend Stocks

March 16, 2024 | ca.finance.yahoo.com

EFC Apr 2024 22.500 put

March 7, 2024 | businesswire.com

Ellington Financial Declares Common and Preferred Dividends

March 7, 2024 | businesswire.com

Ellington Financial Announces Estimated Book Value Per Common Share as of January 31, 2024

March 7, 2024 | finance.yahoo.com

EFC Oct 2024 15.000 call

March 6, 2024 | finance.yahoo.com

EFC Jul 2024 17.500 put

February 28, 2024 | finance.yahoo.com

Ellington Financial Inc. (NYSE:EFC) Q4 2023 Earnings Call Transcript

February 28, 2024 | finance.yahoo.com

Q4 2023 Ellington Financial Inc Earnings Call

February 27, 2024 | seekingalpha.com

Ellington Financial Inc. 2023 Q4 - Results - Earnings Call Presentation

February 27, 2024 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Real Estate Companies: American Homes (AMH), Ellington Financial (EFC) and Offerpad Solutions (OPAD)

February 27, 2024 | finance.yahoo.com

Ellington Financial Inc. Reports Mixed Q4 Results Amidst Merger Activities

February 26, 2024 | businesswire.com

Ellington Financial Inc. Reports Fourth Quarter 2023 Results

February 25, 2024 | seekingalpha.com

January Readers Noted 30 Ideal-To-Buy Dividend Dogs

February 24, 2024 | wsj.com

Ellington Financial Inc.

See More Headlines

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Company Calendar

Last Earnings: 2/26/2024
Ex-Dividend for 4/25 Dividend: 3/27/2024
Today: 4/16/2024
Dividend Payable: 4/25/2024
Ex-Dividend for 5/28 Dividend: 4/29/2024
Next Earnings (Estimated): 5/13/2024
Dividend Payable: 5/28/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Real estate
Sub-Industry: N/A
Current Symbol: NYSE:EFC
CUSIP: N/A
CIK: 1411342
Web: www.ellingtonfinancial.com
Phone: (203) 698-1200
Fax: 203-698-0869
Employees: 400
Year Founded: 2007

Price Target and Rating

Average Stock Price Target: $14.06
High Stock Price Target: $15.00
Low Stock Price Target: $13.25
Potential Upside/Downside: +27.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.90
Trailing P/E Ratio: 12.25
Forward P/E Ratio: 7.21
P/E Growth: N/A
Net Income: $84.81 million
Net Margins: 78.53%
Pretax Margin: 24.10%
Return on Equity: 11.36%
Return on Assets: 0.83%

Debt

Debt-to-Equity Ratio: 11.30
Current Ratio: 46.75
Quick Ratio: 46.75

Sales & Book Value

Annual Sales: $107.72 million
Price / Sales: 8.71
Cash Flow: $1.67 per share
Price / Cash Flow: 6.60
Book Value: $17.35 per share
Price / Book: 0.64

Miscellaneous

Outstanding Shares: 85,060,000
Free Float: 81,314,000
Market Cap: $937.79 million
Optionable: Optionable
Beta: 1.92

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Key Executives

Mr. J. R. Herlihy (Age 42)
CFO & Treasurer
Comp: $577.61k
Mr. Christopher M. Smernoff (Age 46)
Chief Accounting Officer
Comp: $417.63k
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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

EFC Stock Analysis - Frequently Asked Questions

Should I buy or sell Ellington Financial stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ellington Financial in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" EFC shares.
View EFC analyst ratings or view top-rated stocks.
What is Ellington Financial's stock price target for 2024?: 4 analysts have issued twelve-month price objectives for Ellington Financial's shares. Their EFC share price targets range from $13.25 to $15.00. On average, they predict the company's share price to reach $14.06 in the next year. This suggests a possible upside of 27.4% from the stock's current price.
View analysts price targets for EFC or view top-rated stocks among Wall Street analysts.
How have EFC shares performed in 2024?: Ellington Financial's stock was trading at $12.71 at the beginning of the year. Since then, EFC stock has decreased by 13.1% and is now trading at $11.04.
View the best growth stocks for 2024 here.
Are investors shorting Ellington Financial?: Ellington Financial saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 4,610,000 shares, an increase of 54.7% from the March 15th total of 2,980,000 shares. Based on an average daily volume of 1,140,000 shares, the days-to-cover ratio is presently 4.0 days.
View Ellington Financial's Short Interest.
When is Ellington Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our EFC earnings forecast.
How were Ellington Financial's earnings last quarter?: Ellington Financial Inc. (NYSE:EFC) released its earnings results on Monday, February, 26th. The financial services provider reported $0.40 EPS for the quarter, missing the consensus estimate of $0.41 by $0.01. The financial services provider earned $27.99 million during the quarter, compared to analyst estimates of $30.77 million. Ellington Financial had a net margin of 78.53% and a trailing twelve-month return on equity of 11.36%. During the same quarter in the prior year, the firm earned $0.42 EPS.

How often does Ellington Financial pay dividends? What is the dividend yield for Ellington Financial?: Ellington Financial declared a monthly dividend on Monday, April 8th. Investors of record on Tuesday, April 30th will be paid a dividend of $0.13 per share on Tuesday, May 28th. This represents a $1.56 dividend on an annualized basis and a yield of 14.13%. The ex-dividend date of this dividend is Monday, April 29th.
Read our dividend analysis for EFC.
Is Ellington Financial a good dividend stock?: Ellington Financial (NYSE:EFC) pays an annual dividend of $1.56 per share and currently has a dividend yield of 13.94%. EFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 173.34%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, EFC will have a dividend payout ratio of 89.66% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for EFC.
What ETFs hold Ellington Financial's stock?: ETFs with the largest weight of Ellington Financial (NYSE:EFC) stock in their portfolio include Invesco KBW High Dividend Yield Financial ETF (KBWD), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), WisdomTree Alternative Income Fund (HYIN), VanEck Mortgage REIT Income ETF (MORT) and iShares Mortgage Real Estate ETF (REM).Invesco S&P SmallCap Low Volatility ETF (XSLV).
What other stocks do shareholders of Ellington Financial own?: Based on aggregate information from My MarketBeat watchlists, some companies that other 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), New Residential Investment (NRZ), New York Mortgage Trust (NYMT), Enterprise Products Partners (EPD) and Chimera Investment (CIM).
Who are Ellington Financial's major shareholders?: Ellington Financial's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Optimum Investment Advisors (0.02%).
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.

This page (NYSE:EFC) was last updated on 4/16/2024 by MarketBeat.com Staff

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Ellington Financial (EFC) Stock Price, News & Analysis

Ellington Financial MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Ellington Financial Stock (NYSE:EFC)

EFC Stock Price History

EFC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

EFC Stock Analysis - Frequently Asked Questions

Overall MarketRank^™