Ellington Financial LLC Company Profile (NYSE:EFC)

About Ellington Financial LLC (NYSE:EFC)

Ellington Financial LLC logoEllington Financial LLC is a specialty finance company that acquires and manages mortgage-related and other financial assets. The Company's targeted assets include residential mortgage-backed securities (RMBS), backed by loans for which the principal and interest payments are not guaranteed by a United States Government agency or a United States Government-sponsored entity, collectively referred to as non-Agency RMBS; RMBS for which the principal and interest payments are guaranteed by the United States government agency or the United States government-sponsored entity (Agency RMBS); consumer loans and asset-backed securities (ABS) backed by consumer loans; commercial mortgage-backed securities (CMBS) commercial mortgage loans and other commercial real estate debt; residential mortgage loans; collateralized loan obligations (CLOs); corporate debt and equity, including distressed debt and equity, and mortgage-related derivatives.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $501.28 million
  • Outstanding Shares: 32,112,000
Average Prices:
  • 50 Day Moving Avg: $15.69
  • 200 Day Moving Avg: $16.19
  • 52 Week Range: $15.30 - $17.00
P/E:
  • Trailing P/E Ratio: 22.94
  • Foreward P/E Ratio: 10.28
  • P/E Growth: 0.86
Sales & Book Value:
  • Annual Revenue: $69.62 million
  • Price / Sales: 7.20
  • Book Value: $19.49 per share
  • Price / Book: 0.80
Dividend:
  • Annual Dividend: $1.80
  • Dividend Yield: 11.5%
Profitability:
  • Net Margins: 26.67%
  • Return on Equity: 5.48%
  • Return on Assets: 1.32%
Debt:
  • Debt-to-Equity Ratio: 1.90%
  • Current Ratio: 2.86%
  • Quick Ratio: 2.86%
Misc:
  • Average Volume: 94,762 shs.
  • Beta: 0.43
  • Short Ratio: 0.2
 

Frequently Asked Questions for Ellington Financial LLC (NYSE:EFC)

What is Ellington Financial LLC's stock symbol?

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

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

Ellington Financial LLC declared a quarterly dividend on Tuesday, August 1st. Stockholders of record on Friday, September 1st will be paid a dividend of $0.45 per share on Friday, September 15th. This represents a $1.80 annualized dividend and a dividend yield of 11.52%. The ex-dividend date is Wednesday, August 30th. View Ellington Financial LLC's Dividend History.

How were Ellington Financial LLC's earnings last quarter?

Ellington Financial LLC (NYSE:EFC) announced its quarterly earnings results on Thursday, August, 3rd. The company reported $0.27 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.33 by $0.06. The company earned $22.66 million during the quarter, compared to analyst estimates of $21.82 million. Ellington Financial LLC had a net margin of 26.67% and a return on equity of 5.48%. The business's revenue for the quarter was down 4.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.15 EPS. View Ellington Financial LLC's Earnings History.

When will Ellington Financial LLC make its next earnings announcement?

Ellington Financial LLC is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Ellington Financial LLC.

Where is Ellington Financial LLC's stock going? Where will Ellington Financial LLC's stock price be in 2017?

2 brokerages have issued twelve-month target prices for Ellington Financial LLC's shares. Their predictions range from $17.50 to $20.00. On average, they anticipate Ellington Financial LLC's share price to reach $18.75 in the next twelve months. View Analyst Ratings for Ellington Financial LLC.

What are analysts saying about Ellington Financial LLC stock?

Here are some recent quotes from research analysts about Ellington Financial LLC stock:

  • 1. According to Zacks Investment Research, "Ellington Financial LLC is a finance company that engages in acquiring and managing mortgage-related assets, including residential mortgage backed securities, prime jumbo, Alternative A-paper and subprime residential mortgage loans. The Company's targeted assets also include mortgage-related derivatives, corporate debt and equity securities and derivatives. Ellington Financial LLC is headquartered in Old Greenwich, USA. " (10/9/2017)
  • 2. FBR & Co analysts commented, "Ellington Financial reported 1Q17 EPS of $0.46, beating the Street and FBR estimates of $0.36 and $0.29, respectively, and covering the $0.45 dividend. We estimate core EPS, which excludes realized and unrealized gains on investments, FX, and derivatives, came in at $0.36, in line with consensus but below the dividend. Overall, this was a strong quarter as the company achieved a strong economic return of 10.4% annualized while continuing to redeploy capital from legacy non-agency RMBS into higher-yielding credit investments and securing new sources of financing. Given the larger portfolio and just over two-thirds of capital allocated to credit strategies that generate mid-teens ROEs, we believe core earnings power is poised to increase going forward, which should bode well for shares and support a stronger valuation. As such, we reiterate our Outperform rating and $17.50 price target, which represents a 10% discount to tangible book value and a total potential return of 17% when including the dividend." (5/8/2017)

Who are some of Ellington Financial LLC's key competitors?

Who are Ellington Financial LLC's key executives?

Ellington Financial LLC's management team includes the folowing people:

  • Thomas F. Robards, Independent Chairman of the Board
  • Laurence E. Penn, President, Chief Executive Officer, Director
  • Lisa Mumford, Chief Financial Officer
  • Michael W. Vranos, Co-Chief Investment Officer, Director
  • Mark Tecotzky, Co-Chief Investment Officer
  • Daniel Margolis, General Counsel
  • Edward Resendez, Independent Director
  • Ronald I. Simon Ph.D., Independent Director

How do I buy Ellington Financial LLC stock?

Shares of Ellington Financial LLC can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ellington Financial LLC's stock price today?

One share of Ellington Financial LLC stock can currently be purchased for approximately $15.62.


MarketBeat Community Rating for Ellington Financial LLC (NYSE EFC)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  115 (Vote Outperform)
Underperform Votes:  119 (Vote Underperform)
Total Votes:  234
MarketBeat's community ratings are surveys of what our community members think about Ellington Financial LLC and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Ellington Financial LLC (NYSE:EFC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $18.75 (20.04% upside)
Consensus Price Target History for Ellington Financial LLC (NYSE:EFC)
Price Target History for Ellington Financial LLC (NYSE:EFC)
Analysts' Ratings History for Ellington Financial LLC (NYSE:EFC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/9/2017Maxim GroupReiterated RatingBuy$20.00N/AView Rating Details
5/8/2017FBR & CoReiterated RatingBuy$17.50LowView Rating Details
9/11/2016Credit Suisse GroupReiterated RatingBuy$20.00N/AView Rating Details
5/9/2016Deutsche Bank AGBoost Price TargetBuy$22.00 -> $22.50N/AView Rating Details
(Data available from 10/18/2015 forward)

Earnings

Earnings History for Ellington Financial LLC (NYSE:EFC)
Earnings by Quarter for Ellington Financial LLC (NYSE:EFC)
Earnings History by Quarter for Ellington Financial LLC (NYSE EFC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2017$0.35N/AView Earnings Details
8/3/2017Q2 2017$0.33$0.27$21.82 million$22.66 millionViewListenView Earnings Details
11/3/2016Q316$0.25$0.02$25.46 million$17.47 millionViewListenView Earnings Details
8/4/2016Q216$0.44$0.15$25.02 million$20.01 millionViewListenView Earnings Details
5/5/2016Q116$0.48($0.69)$24.27 million$22.10 millionViewListenView Earnings Details
11/5/2015Q315$0.57$0.51$23.40 million$27.01 millionViewListenView Earnings Details
8/6/2015Q215$0.55$0.39$23.95 million$26.76 millionViewListenView Earnings Details
5/6/2015Q115$0.62$0.52$21.80 million$26.81 millionViewListenView Earnings Details
2/11/2015Q414$0.69$0.56$22.20 million$28.84 millionViewListenView Earnings Details
11/5/2014Q413$0.74$0.45$22.50 million$22.52 millionViewListenView Earnings Details
8/6/2014Q413$0.73$0.81$20.65 million$21.00 millionViewListenView Earnings Details
5/7/2014Q1$0.72$0.55$23.24 million$21.50 millionViewListenView Earnings Details
11/6/2013Q313$0.72$0.45$20.58 millionViewListenView Earnings Details
8/5/2013Q2 2013$0.71$0.49$18.71 millionViewListenView Earnings Details
5/6/2013Q1 2013$1.04$0.94$15.48 millionViewListenView Earnings Details
11/7/2012Q312$0.96$1.59$15.19 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ellington Financial LLC (NYSE:EFC)
2017 EPS Consensus Estimate: $1.56
2018 EPS Consensus Estimate: $1.56
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.49$0.49$0.49
Q2 20171$0.32$0.32$0.32
Q3 20171$0.36$0.36$0.36
Q4 20171$0.39$0.39$0.39
Q1 20181$0.36$0.36$0.36
Q2 20181$0.38$0.38$0.38
Q3 20181$0.40$0.40$0.40
Q4 20181$0.42$0.42$0.42
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Ellington Financial LLC (NYSE:EFC)
Most Recent Dividend:9/15/2017
Annual Dividend:$1.80
Dividend Yield:11.52%
Dividend Growth:-14.10% (3 Year Average)
Payout Ratio:257.15% (Trailing 12 Months of Earnings)
146.34% (Based on This Year's Estimates)
118.42% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Ellington Financial LLC (NYSE:EFC)

Dividend History by Quarter for Ellington Financial LLC (NYSE EFC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/1/2017quarterly$0.4511.1%8/30/20179/1/20179/15/2017
5/2/2017quarterly$0.4510.85%5/30/20176/1/20176/15/2017
2/9/2017quarterly$0.4511.16%2/27/20173/1/20173/15/2017
11/1/2016quarterly$0.4511.51%11/29/201612/1/201612/15/2016
8/2/2016quarterly$0.5011.6%8/30/20169/1/20169/15/2016
5/3/2016quarterly$0.5011.83%5/27/20166/1/20166/15/2016
2/10/2016quarterly$0.5012.36%2/26/20163/1/20163/15/2016
11/9/2015quarterly$0.5011.27%11/27/201512/1/201512/15/2015
8/4/2015quarterly$0.6514.24%8/28/20159/1/20159/15/2015
5/5/2015quarterly$0.6512.97%5/28/20156/1/20156/15/2015
2/12/2015quarterly$0.6512.52%2/25/20152/27/20153/16/2015
11/5/2014quarterly$0.7713.75%11/26/201412/1/201412/15/2014
8/5/2014quarterly$0.7712.86%8/27/20148/29/20149/15/2014
5/6/2014quarterly$0.7712.63%5/28/20145/30/20146/16/2014
2/11/2014quarterly$0.7712.66%2/26/20142/28/20143/17/2014
11/5/2013quarterly$0.7713.42%11/26/201311/29/201312/16/2013
8/1/2013quarterly$0.7713.69%8/28/20138/30/20139/16/2013
5/2/2013quarterly$0.7711.89%5/29/20135/31/20136/17/2013
2/13/2013special$0.7511.99%2/27/20133/1/20133/15/2013
2/13/2013quarterly$0.7711.99%2/27/20133/1/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Ellington Financial LLC (NYSE:EFC)
Insider Ownership Percentage: 10.60%
Institutional Ownership Percentage: 50.53%
Insider Trades by Quarter for Ellington Financial LLC (NYSE:EFC)
Institutional Ownership by Quarter for Ellington Financial LLC (NYSE:EFC)
Insider Trades by Quarter for Ellington Financial LLC (NYSE:EFC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/14/2013Michael Vranosmajor shareholderBuy500,000$23.28$11,640,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Ellington Financial LLC (NYSE:EFC)
Latest Headlines for Ellington Financial LLC (NYSE:EFC)
Source:
DateHeadline
americanbankingnews.com logoEllington Financial (EFC) versus Berkshire Hills Bancorp (BHLB) Head to Head Review
www.americanbankingnews.com - October 17 at 10:34 AM
americanbankingnews.com logoAnalyzing Ellington Financial (EFC) & Its Rivals
www.americanbankingnews.com - October 15 at 12:10 AM
americanbankingnews.com logoEllington Financial (EFC) vs. First Bank (FRBA) Financial Analysis
www.americanbankingnews.com - October 11 at 12:08 AM
americanbankingnews.com logoEllington Financial LLC (EFC) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - October 9 at 8:58 PM
americanbankingnews.com logoEllington Financial LLC (EFC) Given "Buy" Rating at Maxim Group
www.americanbankingnews.com - October 9 at 11:24 AM
finance.yahoo.com logoEllington Financial LLC Reports Estimated Book Value Per Share as of September 30, 2017
finance.yahoo.com - October 6 at 6:30 PM
finance.yahoo.com logoEllington Financial LLC :EFC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 26, 2017
finance.yahoo.com - October 3 at 10:32 AM
americanbankingnews.com logoAnalyzing Ellington Financial (EFC) and Its Rivals
www.americanbankingnews.com - October 2 at 10:06 PM
americanbankingnews.com logoContrasting Ellington Financial (EFC) & Its Rivals
www.americanbankingnews.com - October 2 at 4:18 PM
americanbankingnews.com logoAnalyzing Ellington Financial (EFC) & The Competition
www.americanbankingnews.com - September 27 at 6:22 AM
americanbankingnews.com logoHead to Head Contrast: Ellington Financial (EFC) vs. Its Rivals
www.americanbankingnews.com - September 26 at 10:16 AM
americanbankingnews.com logoComparing First Bank (FRBA) & Ellington Financial (EFC)
www.americanbankingnews.com - September 15 at 4:28 PM
americanbankingnews.com logoAnalyzing Ellington Financial (EFC) and Its Peers
www.americanbankingnews.com - September 15 at 12:34 PM
finance.yahoo.com logoEllington Financial LLC Reports Estimated Book Value Per Share as of August 31, 2017
finance.yahoo.com - September 8 at 11:37 PM
americanbankingnews.com logoEllington Financial LLC (EFC) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - September 1 at 10:34 PM
thestreet.com logoEFC Crosses Above Key Moving Average Level
www.thestreet.com - August 26 at 5:49 AM
finance.yahoo.com logoEllington Financial LLC Closes Offering of Senior Notes
finance.yahoo.com - August 18 at 6:08 PM
americanbankingnews.com logoComparing Ellington Financial (EFC) & Walker & Dunlop (WD)
www.americanbankingnews.com - August 16 at 4:04 AM
finance.yahoo.com logoEllington Financial LLC Prices Offering of Senior Notes
finance.yahoo.com - August 15 at 6:52 PM
finance.yahoo.com logoEllington Financial LLC breached its 50 day moving average in a Bearish Manner : EFC-US : August 11, 2017
finance.yahoo.com - August 11 at 6:39 PM
finance.yahoo.com logoEllington Financial LLC Reports Estimated Book Value Per Share as of July 31, 2017
finance.yahoo.com - August 7 at 6:26 PM
finance.yahoo.com logoEdited Transcript of EFC earnings conference call or presentation 4-Aug-17 3:00pm GMT
finance.yahoo.com - August 4 at 11:26 PM
thestreet.com logoEFC Makes Notable Cross Below Critical Moving Average
www.thestreet.com - August 4 at 6:23 PM
finance.yahoo.com logoInvestor Network: Ellington Financial LLC to Host Earnings Call
finance.yahoo.com - August 4 at 6:23 PM
americanbankingnews.com logoComparing Ellington Financial (NYSE:EFC) & People's United Financial (PBCT)
www.americanbankingnews.com - August 3 at 10:26 PM
finance.yahoo.com logoEllington Financial LLC Reports Second Quarter 2017 Results
finance.yahoo.com - August 3 at 8:30 PM
americanbankingnews.com logoEllington Financial LLC (NYSE:EFC) Releases Earnings Results, Misses Expectations By $0.08 EPS
www.americanbankingnews.com - August 3 at 7:02 PM
americanbankingnews.com logoEllington Financial LLC (EFC) Declares $0.45 Quarterly Dividend
www.americanbankingnews.com - August 1 at 6:28 PM
finance.yahoo.com logoEllington Financial LLC Announces Second Quarter Dividend of $0.45 Per Share
finance.yahoo.com - July 31 at 5:58 PM
finance.yahoo.com logoEllington Financial LLC Announces Release Date of Second Quarter 2017 Earnings, Conference Call, and Investor Presentation
finance.yahoo.com - July 28 at 8:13 PM
americanbankingnews.com logoEllington Financial (NYSE:EFC) vs. Porter Bancorp (PBIB) Critical Contrast
www.americanbankingnews.com - July 28 at 4:15 PM
finance.yahoo.com logoEllington Financial LLC Reports Estimated Book Value Per Share as of June 30, 2017
finance.yahoo.com - July 10 at 11:03 PM
seekingalpha.com logoEllington Financial LLC (EFC) Presents At KBW Mortgage Finance & Asset Management Conference - Slideshow
seekingalpha.com - June 5 at 5:00 PM
businesswire.com logoEllington Financial LLC 2016 K-1 Tax Package Now Available - Business Wire (press release)
www.businesswire.com - March 25 at 9:51 PM
biz.yahoo.com logoELLINGTON FINANCIAL LLC Files SEC form 10-K, Annual Report
biz.yahoo.com - March 16 at 6:17 PM
biz.yahoo.com logoELLINGTON FINANCIAL LLC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - March 8 at 5:43 PM
biz.yahoo.com logoELLINGTON FINANCIAL LLC Files SEC form 8-K, Regulation FD Disclosure
biz.yahoo.com - March 1 at 12:47 PM
thestreet.com logoCash Dividend On The Way From Ellington Financial
www.thestreet.com - February 23 at 4:54 PM
businesswire.com logoEllington Financial LLC Announces Annual Shareholders Meeting and Record Date - Business Wire (press release)
www.businesswire.com - February 17 at 6:08 PM
seekingalpha.com logoEllington Financial's (EFC) CEO Larry Penn on Q4 2016 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - February 15 at 3:54 AM
biz.yahoo.com logoELLINGTON FINANCIAL LLC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and E
biz.yahoo.com - February 14 at 5:51 PM
businesswire.com logoEllington Financial LLC Reports Fourth Quarter 2016 Results - Business Wire (press release)
www.businesswire.com - February 14 at 3:43 AM
biz.yahoo.com logoQ4 2016 Ellington Financial LLC Earnings Release - After Market Close
biz.yahoo.com - February 13 at 7:43 AM
biz.yahoo.com logoELLINGTON FINANCIAL LLC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - February 9 at 5:30 PM
businesswire.com logoEllington Financial LLC Announces Fourth Quarter Dividend of $0.45 Per Share - Business Wire (press release)
www.businesswire.com - February 9 at 3:28 AM
businesswire.com logoEllington Financial LLC Announces Release Date of Fourth Quarter 2016 Earnings, Conference Call, and Investor ... - Business Wire (press release)
www.businesswire.com - February 7 at 6:05 PM
businesswire.com logoEllington Financial LLC Reports Estimated Book Value Per Share as of January 31, 2017 - Business Wire (press release)
www.businesswire.com - February 7 at 6:05 PM
us.rd.yahoo.com logoEllington Financial LLC Reports Estimated Book Value Per Share As Of December 31, 2016
us.rd.yahoo.com - January 9 at 10:44 PM
us.rd.yahoo.com logo6:29 pm Ellington Financial reports estimated book value per common share at Dec-end was $19.77 or $19.49 on diluted basis (Nov-end book value was $19.80/share, $19.53 on a diluted basis)
us.rd.yahoo.com - January 9 at 10:44 PM

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Chart

Ellington Financial LLC (EFC) Chart for Wednesday, October, 18, 2017

This page was last updated on 10/18/2017 by MarketBeat.com Staff

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