NYSE:EFC - Ellington Financial Stock Price, News, & Analysis

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$15.56 +0.03 (+0.19 %)
(As of 01/21/2019 08:29 AM ET)
Previous Close$15.53
Today's Range$15.45 - $15.60
52-Week Range$14.12 - $16.84
Volume47,098 shs
Average Volume87,905 shs
Market Capitalization$467.01 million
P/E Ratio14.41
Dividend Yield10.54%
Beta0.36
Ellington Financial LLC, through its subsidiary Ellington Financial Operating Partnership LLC, operates as a specialty finance company in the United States. The company acquires and manages mortgage-related assets, including 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; commercial mortgage loans and other commercial real estate debt; and residential mortgage loans. It also provides collateralized loan obligations; mortgage-related and non-mortgage-related derivatives; equity investments in mortgage-related entities; and other strategic investments, as well as invests in corporate debt and equity securities. In addition, it offers consumer loans and asset-backed securities backed by consumer and commercial assets. Ellington Financial LLC was founded in 2007 and is based in Old Greenwich, Connecticut.

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Industry, Sector and Symbol

Industry Real estate
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone203-698-1200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$93.96 million
Cash Flow$2.1315 per share
Book Value$19.46 per share

Profitability

Net Income$33.98 million

Miscellaneous

Employees160
Market Cap$467.01 million
OptionableOptionable

Ellington Financial (NYSE:EFC) Frequently Asked Questions

What is Ellington Financial's stock symbol?

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

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

Ellington Financial declared a quarterly dividend on Thursday, November 1st. Shareholders of record on Friday, November 30th will be given a dividend of $0.41 per share on Monday, December 17th. This represents a $1.64 annualized dividend and a yield of 10.54%. The ex-dividend date of this dividend is Thursday, November 29th. View Ellington Financial's Dividend History.

How will Ellington Financial's stock buyback program work?

Ellington Financial announced that its Board of Directors has approved a stock buyback plan on Thursday, February 15th 2018, which authorizes the company to buyback 1,550,000 shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its shares are undervalued.

How were Ellington Financial's earnings last quarter?

Ellington Financial LLC (NYSE:EFC) released its quarterly earnings data on Wednesday, November, 7th. The financial services provider reported $0.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.37 by $0.03. The financial services provider earned $36.35 million during the quarter, compared to the consensus estimate of $31.98 million. Ellington Financial had a net margin of 45.70% and a return on equity of 6.62%. View Ellington Financial's Earnings History.

When is Ellington Financial's next earnings date?

Ellington Financial is scheduled to release their next quarterly earnings announcement on Tuesday, February 12th 2019. View Earnings Estimates for Ellington Financial.

What price target have analysts set for EFC?

4 brokers have issued 12 month price objectives for Ellington Financial's stock. Their forecasts range from $16.00 to $19.50. On average, they anticipate Ellington Financial's share price to reach $18.1250 in the next year. This suggests a possible upside of 16.5% from the stock's current price. View Analyst Price Targets for Ellington Financial.

What is the consensus analysts' recommendation for Ellington Financial?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ellington Financial in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ellington Financial.

Has Ellington Financial been receiving favorable news coverage?

Media stories about EFC stock have been trending positive on Monday, InfoTrie reports. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ellington Financial earned a daily sentiment score of 2.7 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days.

Who are some of Ellington Financial's key competitors?

Who are Ellington Financial's key executives?

Ellington Financial's management team includes the folowing people:
  • Mr. Laurence Eric Penn, CEO, Pres & Director (Age 56)
  • Mr. Michael William Vranos, Co-Chief Investment Officer (Age 56)
  • Mr. JR Herlihy B.A., Chief Financial Officer (Age 37)
  • Mr. Mark Ira Tecotzky, Co-Chief Investment Officer (Age 56)
  • Mr. Christopher M. Smernoff B.S., CPA, Chief Accounting Officer (Age 41)

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ellington Financial's stock price today?

One share of EFC stock can currently be purchased for approximately $15.56.

How big of a company is Ellington Financial?

Ellington Financial has a market capitalization of $467.01 million and generates $93.96 million in revenue each year. The financial services provider earns $33.98 million in net income (profit) each year or $1.08 on an earnings per share basis. Ellington Financial employs 160 workers across the globe.

What is Ellington Financial's official website?

The official website for Ellington Financial is http://www.ellingtonfinancial.com.

How can I contact Ellington Financial?

Ellington Financial's mailing address is 53 Forest Ave, Old Greenwich CT, 06870. The financial services provider can be reached via phone at 203-698-1200 or via email at [email protected]


MarketBeat Community Rating for Ellington Financial (NYSE EFC)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  180 (Vote Outperform)
Underperform Votes:  213 (Vote Underperform)
Total Votes:  393
MarketBeat's community ratings are surveys of what our community members think about Ellington Financial and other stocks. Vote "Outperform" if you believe EFC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EFC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/21/2019 by MarketBeat.com Staff

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