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S&P 500   3,831.39
DOW   30,967.82
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S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
NYSE:EFC

Ellington Financial Stock Forecast, Price & News

$15.17
+0.03 (+0.20%)
(As of 07/5/2022 12:00 AM ET)
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Today's Range
$14.78
$15.17
50-Day Range
$12.83
$16.86
52-Week Range
$12.74
$19.20
Volume
699,176 shs
Average Volume
732,420 shs
Market Capitalization
$910.96 million
P/E Ratio
9.48
Dividend Yield
11.89%
Price Target
$17.50

Ellington Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
15.4% Upside
$17.50 Price Target
Short Interest
Healthy
3.58% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
6.21%
From $1.77 to $1.88 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.67 out of 5 stars

Finance Sector

698th out of 1,389 stocks

Real Estate Industry

20th out of 45 stocks

30 days | 90 days | 365 days | Advanced Chart

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Ellington Financial logo

About Ellington Financial (NYSE:EFC) Stock

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 residential mortgage loans; 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. In addition, the company offers consumer loans and asset-backed securities backed by consumer and commercial assets. Ellington Financial LLC was incorporated in 2007 and is based in Old Greenwich, Connecticut.

EFC Stock News Headlines

Russia Ignites West's Battle for Energy Independence
Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. Western countries are now scrambling for stable, renewable energy. World leaders must find new sources of minerals, such as copper, essential to their transition to energy independence.
Economic and National Security Threats Create Lithium Bonanza
The U.S. and China are fighting for new sources of lithium – the linchpin of clean energy. Lithium mining operations have been declared a national emergency. Biden has ordered America's lithium supply chain to be strengthened and investors in lithium exploration companies are rejoicing. We may be entering a decades-long lithium bull run. You don't want to miss it.
EFC_pa Historical Data
Ellington Financial Q1 2022 Earnings Preview
See More Headlines

Industry, Sector and Symbol

Industry
Real estate
Sub-Industry
N/A
Sector
Finance
Employees
N/A
Year Founded
N/A

Company Calendar

Last Earnings
5/05/2022
Ex-Dividend for 6/27 Dividend
5/27/2022
Dividend Payable
6/27/2022
Ex-Dividend for 7/25 Dividend
6/29/2022
Today
7/06/2022
Dividend Payable
7/25/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$17.50
High Stock Price Forecast
$18.00
Low Stock Price Forecast
$17.00
Forecasted Upside/Downside
+15.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.66666666666667
Research Coverage
3 Analysts

Profitability

Net Income
$135.25 million
Pretax Margin
29.33%

Debt

Sales & Book Value

Annual Sales
$131.48 million
Cash Flow
$2.12 per share
Book Value
$19.10 per share

Miscellaneous

Free Float
56,203,000
Market Cap
$910.96 million
Optionable
Optionable
Beta
1.81














Ellington Financial Frequently Asked Questions

Should I buy or sell Ellington Financial stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ellington Financial in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Ellington Financial stock.
View analyst ratings for Ellington Financial
or view top-rated stocks.

What is Ellington Financial's stock price forecast for 2022?

3 Wall Street analysts have issued 12-month target prices for Ellington Financial's shares. Their EFC stock forecasts range from $17.00 to $18.00. On average, they predict Ellington Financial's share price to reach $17.50 in the next year. This suggests a possible upside of 15.4% from the stock's current price.
View analysts' price targets for Ellington Financial
or view top-rated stocks among Wall Street analysts.

How has Ellington Financial's stock price performed in 2022?

Ellington Financial's stock was trading at $17.09 at the start of the year. Since then, EFC stock has decreased by 11.2% and is now trading at $15.17.
View the best growth stocks for 2022 here
.

When is Ellington Financial's next earnings date?

Ellington Financial is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Ellington Financial
.

How were Ellington Financial's earnings last quarter?

Ellington Financial Inc. (NYSE:EFC) announced its quarterly earnings data on Thursday, May, 5th. The financial services provider reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by $0.04. The financial services provider earned $37.06 million during the quarter, compared to analyst estimates of $39.16 million. Ellington Financial had a trailing twelve-month return on equity of 9.86% and a net margin of 63.71%. During the same period last year, the company posted $0.43 earnings per share.
View Ellington Financial's earnings history
.

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

Ellington Financial declared a monthly dividend on Tuesday, June 7th. Shareholders of record on Thursday, June 30th will be paid a dividend of $0.15 per share on Monday, July 25th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 11.87%. The ex-dividend date is Wednesday, June 29th.
View Ellington Financial's dividend history
.

Is Ellington Financial a good dividend stock?

Ellington Financial(NYSE:EFC) pays an annual dividend of $1.80 per share and currently has a dividend yield of 11.89%. EFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Ellington Financial does not yet have a strong track record of dividend growth. The dividend payout ratio of Ellington Financial is 112.50%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Ellington Financial will have a dividend payout ratio of 95.74% in the coming year. This indicates that Ellington Financial may not be able to sustain their current dividend.
View Ellington Financial's dividend history.

Who are Ellington Financial's key executives?

Ellington Financial's management team includes the following people:
  • Mr. Laurence Eric Penn, CEO, Pres & Director (Age 60)
  • Mr. J. R. Herlihy, CFO & Treasurer (Age 41, Pay $532.69k)
  • Mr. Christopher M. Smernoff, Chief Accounting Officer (Age 45, Pay $383.44k)
  • Mr. Mark Ira Tecotzky, Co-Chief Investment Officer (Age 60)
  • Mr. Michael William Vranos, Co-Chief Investment Officer (Age 60)
  • Mr. Daniel Reuven Margolis, Gen. Counsel (Age 49)
  • Mr. Jason Frank, Deputy Gen. Counsel & Sec.
  • Mr. Vincent Ambrico, Controller

What other stocks do shareholders of Ellington Financial own?

What is Ellington Financial's stock symbol?

Ellington Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "EFC."

How do I buy shares of Ellington Financial?

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

What is Ellington Financial's stock price today?

One share of EFC stock can currently be purchased for approximately $15.17.

How much money does Ellington Financial make?

Ellington Financial (NYSE:EFC) has a market capitalization of $910.96 million and generates $131.48 million in revenue each year. The financial services provider earns $135.25 million in net income (profit) each year or $1.60 on an earnings per share basis.

How can I contact Ellington Financial?

Ellington Financial's mailing address is 53 Forest Ave, Greenwich CT, 06870. The official website for Ellington Financial is www.ellingtonfinancial.com. The financial services provider can be reached via phone at (203) 698-1200, via email at info@ellingtonfinancial.com, or via fax at 203-698-0869.

This page (NYSE:EFC) was last updated on 7/6/2022 by MarketBeat.com Staff

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