Ellington Financial (EFC) Expected to Announce Quarterly Earnings on Wednesday

Ellington Financial (NYSE:EFC - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results after the market closes on Wednesday, May 7th. Analysts expect Ellington Financial to post earnings of $0.38 per share and revenue of $107.06 million for the quarter.

Ellington Financial (NYSE:EFC - Get Free Report) last posted its earnings results on Thursday, February 27th. The financial services provider reported $0.45 EPS for the quarter, beating the consensus estimate of $0.38 by $0.07. The firm had revenue of $38.13 million during the quarter, compared to the consensus estimate of $112.88 million. Ellington Financial had a return on equity of 10.26% and a net margin of 106.40%. On average, analysts expect Ellington Financial to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Ellington Financial Trading Down 0.6 %

Shares of NYSE:EFC traded down $0.07 during midday trading on Monday, hitting $12.95. 181,085 shares of the stock were exchanged, compared to its average volume of 973,351. The business's 50-day moving average price is $12.91 and its 200 day moving average price is $12.60. Ellington Financial has a 12 month low of $11.12 and a 12 month high of $14.40. The company has a debt-to-equity ratio of 10.87, a quick ratio of 37.04 and a current ratio of 37.04. The stock has a market capitalization of $1.22 billion, a price-to-earnings ratio of 9.89 and a beta of 1.57.

Ellington Financial Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Wednesday, April 30th will be given a $0.13 dividend. This represents a $1.56 annualized dividend and a yield of 12.05%. The ex-dividend date of this dividend is Wednesday, April 30th. Ellington Financial's dividend payout ratio (DPR) is currently 113.04%.

Analyst Ratings Changes

EFC has been the subject of a number of recent research reports. B. Riley upgraded Ellington Financial to a "strong-buy" rating in a report on Tuesday, January 7th. Keefe, Bruyette & Woods increased their price target on Ellington Financial from $13.75 to $14.50 and gave the company an "outperform" rating in a research note on Monday, March 3rd. Finally, JMP Securities reaffirmed a "market outperform" rating and issued a $14.00 price objective on shares of Ellington Financial in a research note on Thursday, January 23rd.

Ellington Financial Company Profile

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.