Ellington Financial Stock Price, News & Analysis (NYSE:EFC) $12.86 -0.11 (-0.85%) (As of 12/5/2023 ET) Add Compare Share Share Today's Range$12.84▼$12.9850-Day Range$11.79▼$13.1552-Week Range$10.81▼$14.42Volume770,388 shsAverage Volume805,457 shsMarket Capitalization$874.40 millionP/E Ratio11.79Dividend Yield14.00%Price Target$14.31 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Ellington Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside11.3% Upside$14.31 Price TargetShort InterestHealthy7.98% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.53Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth11.11%From $1.62 to $1.80 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.50 out of 5 starsReal Estate Sector6th out of 29 stocksREIT - Mortgage Industry2nd out of 4 stocks 2.4 Analyst's Opinion Consensus RatingEllington Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.31, Ellington Financial has a forecasted upside of 11.3% from its current price of $12.86.Amount of Analyst CoverageEllington Financial has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted7.98% of the outstanding shares of Ellington Financial have been sold short.Short Interest Ratio / Days to CoverEllington Financial has a short interest ratio ("days to cover") of 7.1.Change versus previous monthShort interest in Ellington Financial has recently decreased by 10.84%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipEllington Financial is a leading dividend payer. It pays a dividend yield of 13.72%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEllington Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Ellington Financial is 165.14%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Ellington Financial will have a dividend payout ratio of 100.00% in the coming year. This indicates that Ellington Financial may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EFC. Previous Next 3.6 News and Social Media Coverage News SentimentEllington Financial has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.39 average news sentiment score of Real Estate companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Ellington Financial this week, compared to 2 articles on an average week.Search Interest41 people have searched for EFC on MarketBeat in the last 30 days. This is an increase of 14% compared to the previous 30 days.MarketBeat Follows13 people have added Ellington Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 30% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ellington Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.50% of the stock of Ellington Financial is held by insiders.Percentage Held by Institutions50.18% of the stock of Ellington Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Ellington Financial are expected to grow by 11.11% in the coming year, from $1.62 to $1.80 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ellington Financial is 11.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.29.Price to Earnings Ratio vs. SectorThe P/E ratio of Ellington Financial is 11.79, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 162.97.Price to Book Value per Share RatioEllington Financial has a P/B Ratio of 0.78. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More EFC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EFC Stock News HeadlinesDecember 4, 2023 | benzinga.comEllington Financial's Ex-Dividend Date Is Thursday, Here's What You Need To KnowNovember 30, 2023 | seekingalpha.comEllington Financial declares $0.06 interim monthly dividendDecember 6, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 29, 2023 | finance.yahoo.comEllington Financial Declares Interim Monthly Dividend of $0.06 Per ShareNovember 27, 2023 | finance.yahoo.comEllington Financial Announces Estimated Book Value Per Common Share as of October 31, 2023November 11, 2023 | markets.businessinsider.comPositive Outlook for Ellington Financial: Buy Rating Upheld Amid Promising Dividend Coverage and Strategic AcquisitionNovember 9, 2023 | insidermonkey.comEllington Financial Inc. (NYSE:EFC) Q3 2023 Earnings Call TranscriptNovember 9, 2023 | seekingalpha.comEllington Financial Stock: 14% Yield Like ClockworkDecember 6, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 9, 2023 | finance.yahoo.comInvesting in Ellington Financial (NYSE:EFC) five years ago would have delivered you a 36% gainNovember 9, 2023 | finance.yahoo.comQ3 2023 Ellington Financial Inc Earnings CallNovember 7, 2023 | businesswire.comEllington Financial Inc. Reports Third Quarter 2023 ResultsNovember 3, 2023 | businesswire.comARLINGTON ASSET INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Arlington ...October 31, 2023 | seekingalpha.comEFC.PR.A Ellington Financial Inc. 6.75% SER A PFDOctober 25, 2023 | msn.comEllington Financial estimates higher book value per share for SeptemberOctober 25, 2023 | finance.yahoo.comEllington Financial Announces Estimated Book Value Per Common Share as of September 30, 2023October 25, 2023 | finance.yahoo.comEllington Financial Announces Release Date of Third Quarter 2023 Earnings, Conference Call, and Investor PresentationOctober 24, 2023 | markets.businessinsider.comPiper Sandler Keeps Their Buy Rating on Ellington Financial (EFC)September 25, 2023 | finance.yahoo.comEllington Financial Announces Estimated Book Value Per Common Share as of August 31, 2023September 25, 2023 | msn.comEllington Financial: Lack Of Dividend Coverage Makes Me HesitantSeptember 9, 2023 | finance.yahoo.com3 Monthly Dividend Stocks With Eye-Popping Yields for Income InvestorsAugust 24, 2023 | msn.comEllington Financial lowers book value per share estimate in JulyAugust 24, 2023 | finance.yahoo.comEllington Financial Announces Estimated Book Value Per Common Share as of July 31, 2023August 8, 2023 | seekingalpha.comEllington Financial Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 5, 2023 | seekingalpha.comGreat Ajax declares dividend of $0.20/shareAugust 4, 2023 | benzinga.comEarnings Outlook For Ellington FinancialJuly 25, 2023 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Ellington Financial (EFC) and Selective Insurance Group (SIGI)See More Headlines Receive EFC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ellington Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/07/2023Ex-Dividend for 12/26 Dividend11/29/2023Today12/05/2023Ex-Dividend for 12/13 Dividend12/07/2023Dividend Payable12/13/2023Dividend Payable12/26/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/22/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry REIT - Mortgage Sub-IndustryN/A SectorReal Estate Current SymbolNYSE:EFC CUSIPN/A CIK1411342 Webwww.ellingtonfinancial.com Phone(203) 698-1200Fax203-698-0869EmployeesN/AYear Founded2007Price Target and Rating Average Stock Price Target$14.31 High Stock Price Target$15.00 Low Stock Price Target$13.75 Potential Upside/Downside+11.3%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.09 Trailing P/E Ratio11.79 Forward P/E Ratio7.94 P/E GrowthN/ANet Income$-71,130,000.00 Net Margins84.21% Pretax Margin96.08% Return on Equity12.34% Return on Assets0.88% Debt Debt-to-Equity Ratio12.48 Current Ratio39.81 Quick Ratio39.81 Sales & Book Value Annual Sales$140.44 million Price / Sales6.23 Cash Flow$2.33 per share Price / Cash Flow5.52 Book Value$16.44 per share Price / Book0.78Miscellaneous Outstanding Shares68,020,000Free Float64,276,000Market Cap$874.40 million OptionableOptionable Beta1.85 The Best High-Yield Dividend Stocks for 2023Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. J. R. Herlihy (Age 42)CFO & Treasurer Comp: $577.61kMr. Christopher M. Smernoff (Age 46)Chief Accounting Officer Comp: $417.63kMr. Laurence Eric Penn (Age 61)CEO, President & 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)General Counsel Mr. Vincent AmbricoControllerMr. Alaael-Deen ShillehAssociate General Counsel & SecretaryMore ExecutivesKey CompetitorsArmada Hoffler PropertiesNYSE:AHHHudson Pacific PropertiesNYSE:HPPFRPNASDAQ:FRPHSeritage Growth PropertiesNYSE:SRGTejon RanchNYSE:TRCView All CompetitorsInstitutional OwnershipDeutsche Bank AGBought 3,968 shares on 11/24/2023Ownership: 0.049%Public Sector Pension Investment BoardSold 29,185 shares on 11/22/2023Ownership: 0.124%Comerica BankBought 31,439 shares on 11/21/2023Ownership: 0.046%Ranger Global Real Estate Advisors LLCSold 48,359 shares on 11/16/2023Ownership: 2.823%Penserra Capital Management LLCBought 4,664 shares on 11/16/2023Ownership: 0.054%View All Institutional Transactions 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 twelve months. 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 brokers have issued 1-year price objectives for Ellington Financial's stock. Their EFC share price targets range from $13.75 to $15.00. On average, they anticipate the company's share price to reach $14.31 in the next twelve months. This suggests a possible upside of 11.3% 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 on January 1st, 2023. Since then, EFC shares have increased by 3.9% and is now trading at $12.8550. View the best growth stocks for 2023 here. Are investors shorting Ellington Financial? Ellington Financial saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 5,430,000 shares, a decrease of 10.8% from the October 31st total of 6,090,000 shares. Based on an average trading volume of 769,600 shares, the days-to-cover ratio is currently 7.1 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 Thursday, February 22nd 2024. View our EFC earnings forecast. How were Ellington Financial's earnings last quarter? Ellington Financial Inc. (NYSE:EFC) issued its quarterly earnings results on Tuesday, November, 7th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by $0.09. The financial services provider had revenue of $27.51 million for the quarter, compared to analyst estimates of $31.41 million. Ellington Financial had a net margin of 84.21% and a trailing twelve-month return on equity of 12.34%. How often does Ellington Financial pay dividends? What is the dividend yield for Ellington Financial? Ellington Financial announced a monthly dividend on Wednesday, November 29th. Investors of record on Friday, December 8th will be given a dividend of $0.06 per share on Wednesday, December 13th. This represents a $0.72 dividend on an annualized basis and a yield of 5.60%. The ex-dividend date is Thursday, December 7th. 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 13.72%. EFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 ETFs hold Ellington Financial's stock? ETFs with the largest weight of Ellington Financial (NYSE:EFC) stock in their portfolio include Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), Invesco KBW High Dividend Yield Financial ETF (KBWD), WisdomTree Alternative Income Fund (HYIN), VanEck Mortgage REIT Income ETF (MORT), Global SuperDividend US ETF (DIV) and iShares Mortgage Real Estate ETF (REM).Global X SuperDividend ETF (SDIV). What other stocks do shareholders of Ellington Financial own? Based on aggregate information from My MarketBeat watchlists, some companies that other Ellington Financial investors own include Energy Transfer (ET), AGNC Investment (AGNC), Annaly Capital Management (NLY), NGL Energy Partners (NGL), AT&T (T), C3.ai (AI), New Residential Investment (NRZ), New York Mortgage Trust (NYMT), Enterprise Products Partners (EPD) and Chimera Investment (CIM). Who are Ellington Financial's major shareholders? Ellington Financial's stock is owned by many different retail and institutional investors. Top institutional shareholders include Ranger Global Real Estate Advisors LLC (2.82%), Mirae Asset Global Investments Co. Ltd. (2.31%), Invesco Ltd. (2.04%), Northern Trust Corp (0.99%), Charles Schwab Investment Management Inc. (0.80%) and Bank of New York Mellon Corp (0.79%). 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. This page (NYSE:EFC) was last updated on 12/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ellington Financial Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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