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S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Cintas: A Quality Buy and Hold Forever Stock at Any Price
Laser breakthrough could send stock soaring 2,467% (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
Laser breakthrough could send stock soaring 2,467% (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
This Little Known Automaker May Save Your Life and Your Portfolio
Laser breakthrough could send stock soaring 2,467% (Ad)
How You Can Reverse Engineer Michael Burry's Latest Buy
Target Will Close 9 Stores Across 4 States Due to Ongoing Crime That's 'Threatening the Safety' of Customers and Employees
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Cintas: A Quality Buy and Hold Forever Stock at Any Price
Laser breakthrough could send stock soaring 2,467% (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
Laser breakthrough could send stock soaring 2,467% (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
This Little Known Automaker May Save Your Life and Your Portfolio
Laser breakthrough could send stock soaring 2,467% (Ad)
How You Can Reverse Engineer Michael Burry's Latest Buy
Target Will Close 9 Stores Across 4 States Due to Ongoing Crime That's 'Threatening the Safety' of Customers and Employees
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Cintas: A Quality Buy and Hold Forever Stock at Any Price
Laser breakthrough could send stock soaring 2,467% (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
Laser breakthrough could send stock soaring 2,467% (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
This Little Known Automaker May Save Your Life and Your Portfolio
Laser breakthrough could send stock soaring 2,467% (Ad)
How You Can Reverse Engineer Michael Burry's Latest Buy
Target Will Close 9 Stores Across 4 States Due to Ongoing Crime That's 'Threatening the Safety' of Customers and Employees

Ellington Financial (EFC) Stock Forecast, Price & News

$12.45
-0.03 (-0.24%)
(As of 09/27/2023 ET)
Compare
Today's Range
$12.40
$12.64
50-Day Range
$12.45
$14.07
52-Week Range
$10.81
$14.62
Volume
776,804 shs
Average Volume
788,858 shs
Market Capitalization
$846.85 million
P/E Ratio
28.30
Dividend Yield
14.46%
Price Target
$14.55

Ellington Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
16.9% Upside
$14.55 Price Target
Short Interest
Bearish
8.34% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.72mentions of Ellington Financial in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.24%
From $1.69 to $1.88 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.17 out of 5 stars

Finance Sector

573rd out of 864 stocks

Real Estate Industry

16th out of 23 stocks


EFC stock 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. 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 based in Old Greenwich, Connecticut.

EFC Price History

EFC Stock News Headlines

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Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
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Rumors are circulating of a new currency that will be backed by gold. A huge story, if true. And while it’s impossible to know how it will pan out, there’s one important move you should make right now, before this happens. It’s the best way to protect your wealth today. Because if you’re not careful, YOU could be the one who pays the price
Great Ajax declares dividend of $0.20/share
Earnings Outlook For Ellington Financial
What 5 Analyst Ratings Have To Say About Ellington Financial
8-K: Ellington Financial Inc.
See More Headlines
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EFC Company Calendar

Last Earnings
8/07/2023
Ex-Dividend for 9/25 Dividend
8/30/2023
Dividend Payable
9/25/2023
Today
9/28/2023
Ex-Dividend for 10/25 Dividend
9/28/2023
Dividend Payable
10/25/2023
Next Earnings (Estimated)
11/06/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate
Sub-Industry
N/A
Sector
Finance
Employees
N/A
Year Founded
2007

Price Target and Rating

Average Stock Price Forecast
$14.55
High Stock Price Forecast
$15.50
Low Stock Price Forecast
$13.75
Forecasted Upside/Downside
+16.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$-71,130,000.00
Pretax Margin
73.18%

Debt

Sales & Book Value

Annual Sales
$140.44 million
Cash Flow
$2.29 per share
Book Value
$16.44 per share

Miscellaneous

Free Float
64,276,000
Market Cap
$846.85 million
Optionable
Optionable
Beta
1.86
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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 61)
    CEO, Pres & Director
  • Mr. Mark Ira Tecotzky (Age 61)
    Co-Chief Investment Officer
  • Mr. Michael William Vranos (Age 61)
    Co-Chief Investment Officer
  • Mr. Daniel Reuven Margolis (Age 50)
    Gen. Counsel
  • Mr. Vincent Ambrico
    Controller
  • Mr. Alaael-Deen Shilleh
    Associate Gen. Counsel & Sec.













EFC Stock - Frequently Asked Questions

Should I buy or sell Ellington Financial stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ellington Financial in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street 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 forecast for 2023?

5 brokerages have issued 12-month price objectives for Ellington Financial's shares. Their EFC share price forecasts range from $13.75 to $15.50. On average, they predict the company's share price to reach $14.55 in the next twelve months. This suggests a possible upside of 16.9% 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 2023?

Ellington Financial's stock was trading at $12.37 at the beginning of 2023. Since then, EFC stock has increased by 0.6% and is now trading at $12.45.
View the best growth stocks for 2023 here
.

Are investors shorting Ellington Financial?

Ellington Financial saw a increase in short interest in the month of August. As of August 15th, there was short interest totaling 5,280,000 shares, an increase of 8.6% from the July 31st total of 4,860,000 shares. Based on an average trading volume of 813,100 shares, the short-interest ratio is currently 6.5 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, November 6th 2023.
View our EFC earnings forecast
.

How were Ellington Financial's earnings last quarter?

Ellington Financial Inc. (NYSE:EFC) posted its quarterly earnings data on Monday, August, 7th. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.37 by $0.01. The financial services provider had revenue of $24.66 million for the quarter, compared to analyst estimates of $26.55 million. Ellington Financial had a trailing twelve-month return on equity of 12.65% and a net margin of 42.05%.

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

Ellington Financial declared a monthly dividend on Thursday, September 7th. Investors of record on Friday, September 29th will be given a dividend of $0.15 per share on Wednesday, October 25th. This represents a $1.80 annualized dividend and a dividend yield of 14.46%. The ex-dividend date of this dividend is Thursday, September 28th.
Read our dividend analysis for EFC
.

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 13.92%. EFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 409.10%. 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 95.74% 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 guidance has Ellington Financial issued on next quarter's earnings?

Ellington Financial updated its second quarter 2023 earnings guidance on Monday, July, 24th. The company provided earnings per share guidance of $0.35-$0.39 for the period, compared to the consensus estimate of $0.45. The company issued revenue guidance of -.

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."

Who are Ellington Financial's major shareholders?

Ellington Financial's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.69%), State Street Corp (3.55%), Ranger Global Real Estate Advisors LLC (2.89%), Mirae Asset Global Investments Co. Ltd. (2.30%), Geode Capital Management LLC (1.90%) and Northern Trust Corp (0.99%).
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 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 $12.45.

How much money does Ellington Financial make?

Ellington Financial (NYSE:EFC) has a market capitalization of $846.85 million and generates $140.44 million in revenue each year. The financial services provider earns $-71,130,000.00 in net income (profit) each year or $0.44 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 the company 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 9/28/2023 by MarketBeat.com Staff

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