Ellington Financial (EFC) Expected to Announce Earnings on Wednesday

Ellington Financial (NYSE:EFC - Get Free Report) is expected to announce its Q1 2025 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 quarterly earnings data on Thursday, February 27th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.07. The firm had revenue of $38.13 million for 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 Up 0.5 %

Shares of EFC stock traded up $0.06 on Friday, reaching $13.02. 677,728 shares of the stock were exchanged, compared to its average volume of 975,069. The company has a debt-to-equity ratio of 10.87, a current ratio of 37.04 and a quick ratio of 37.04. Ellington Financial has a one year low of $11.12 and a one year high of $14.40. The stock has a market cap of $1.23 billion, a PE ratio of 9.94 and a beta of 1.57. The stock has a 50 day moving average price of $12.91 and a 200 day moving average price of $12.60.

Ellington Financial Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Wednesday, April 30th will be given a dividend of $0.13 per share. The ex-dividend date is Wednesday, April 30th. This represents a $1.56 dividend on an annualized basis and a yield of 11.98%. Ellington Financial's payout ratio is presently 113.04%.

Analyst Ratings Changes

A number of research firms recently weighed in on EFC. B. Riley raised shares of Ellington Financial to a "strong-buy" rating in a research note on Tuesday, January 7th. JMP Securities reissued a "market outperform" rating and issued a $14.00 price target on shares of Ellington Financial in a research note on Thursday, January 23rd. Finally, Keefe, Bruyette & Woods lifted their price objective on Ellington Financial from $13.75 to $14.50 and gave the stock an "outperform" rating in a research note on Monday, March 3rd.

About Ellington Financial

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.