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S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Is Gold Really Boring? (Ad)
Palo Alto Networks aims at cyber security leadership
3 Reasons the Capital One-Discover merger is a big deal
Is Gold Really Boring? (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Housing data weakens, but Toll Brothers stock is still a buy
Teladoc Health gaps down to support level after weak guidance
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Is Gold Really Boring? (Ad)
Palo Alto Networks aims at cyber security leadership
3 Reasons the Capital One-Discover merger is a big deal
Is Gold Really Boring? (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Housing data weakens, but Toll Brothers stock is still a buy
Teladoc Health gaps down to support level after weak guidance
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Is Gold Really Boring? (Ad)
Palo Alto Networks aims at cyber security leadership
3 Reasons the Capital One-Discover merger is a big deal
Is Gold Really Boring? (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Housing data weakens, but Toll Brothers stock is still a buy
Teladoc Health gaps down to support level after weak guidance
NYSE:EFC

Ellington Financial (EFC) Stock Price, News & Analysis

$11.90
-0.01 (-0.08%)
(As of 02/21/2024 ET)
Today's Range
$11.85
$11.98
50-Day Range
$11.69
$13.06
52-Week Range
$10.81
$14.21
Volume
771,834 shs
Average Volume
1.27 million shs
Market Capitalization
$809.78 million
P/E Ratio
10.92
Dividend Yield
15.12%
Price Target
$14.19

Ellington Financial MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
19.2% Upside
$14.19 Price Target
Short Interest
Healthy
4.44% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.86mentions of Ellington Financial in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$276,611 Sold Last Quarter
Proj. Earnings Growth
13.92%
From $1.58 to $1.80 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.

3.87 out of 5 stars

Finance Sector

341st out of 842 stocks

Real Estate Industry

4th out of 24 stocks


EFC stock logo

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 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 Stock Price History

EFC Stock News Headlines

Ellington Financial (EFC) Scheduled to Post Earnings on Monday
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Ellington Financial LLC (EFC)
EFC.PR.C Ellington Financial Inc. 8.625% RT PFD C
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Company Calendar

Last Earnings
11/08/2021
Ex-Dividend for 2/26 Dividend
1/30/2024
Today
2/22/2024
Dividend Payable
2/26/2024
Next Earnings (Confirmed)
2/26/2024
Ex-Dividend for 3/25 Dividend
2/28/2024
Dividend Payable
3/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$14.19
High Stock Price Target
$15.00
Low Stock Price Target
$13.50
Potential Upside/Downside
+19.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$-71,130,000.00
Pretax Margin
96.08%

Debt

Sales & Book Value

Annual Sales
$140.44 million
Cash Flow
$2.34 per share
Book Value
$16.44 per share

Miscellaneous

Free Float
64,276,000
Market Cap
$809.78 million
Optionable
Optionable
Beta
1.96
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Key Executives

  • Mr. J. R. Herlihy (Age 43)
    CFO & Treasurer
    Comp: $577.61k
  • Mr. Christopher M. Smernoff (Age 47)
    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














EFC Stock Analysis - Frequently Asked Questions

Should I buy or sell Ellington Financial stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ellington Financial in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street 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 12-month price targets for Ellington Financial's shares. Their EFC share price targets range from $13.50 to $15.00. On average, they predict the company's share price to reach $14.19 in the next twelve months. This suggests a possible upside of 19.2% 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 6.3% and is now trading at $11.9050.
View the best growth stocks for 2024 here
.

Are investors shorting Ellington Financial?

Ellington Financial saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 3,030,000 shares, an increase of 9.4% from the December 31st total of 2,770,000 shares. Based on an average trading volume of 1,190,000 shares, the short-interest ratio is currently 2.5 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, February 26th 2024.
View our EFC earnings forecast
.

How can I listen to Ellington Financial's earnings call?

Ellington Financial will be holding an earnings conference call on Tuesday, February 27th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-220-2687.

How were Ellington Financial's earnings last quarter?

Ellington Financial Inc. (NYSE:EFC) issued its quarterly earnings data on Monday, November, 8th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.46. The financial services provider had revenue of $29.54 million for the quarter, compared to analysts' expectations of $32.25 million. Ellington Financial had a net margin of 84.21% and a trailing twelve-month return on equity of 12.34%. During the same quarter in the previous year, the firm posted $0.41 EPS.

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

Ellington Financial declared a monthly dividend on Wednesday, February 7th. Investors of record on Thursday, February 29th will be paid a dividend of $0.15 per share on Monday, March 25th. This represents a $1.80 annualized dividend and a yield of 15.12%. The ex-dividend date is Wednesday, February 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 14.90%. EFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 165.14%. 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 100.00% 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 other stocks do shareholders of Ellington Financial own?
Who are Ellington Financial's major shareholders?

Ellington Financial's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.11%), Mirae Asset Global Investments Co. Ltd. (2.27%), UBS Group AG (1.14%), Northern Trust Corp (1.10%), Charles Schwab Investment Management Inc. (0.97%) and Van ECK Associates Corp (0.74%).
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 2/22/2024 by MarketBeat.com Staff