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S&P 500   4,288.05
DOW   33,507.50
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Will the Energy Sector Continue to Outshine the Market?
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In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
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His system isolated NVIDIA - Here's His Next Buy. (Ad)
Nike, Amicus Therapeutics rise; Vail Resorts, Hess fall, Friday, 9/29/2023
How major US stock indexes fared Friday, 9/29/2023
His system isolated NVIDIA - Here's His Next Buy. (Ad)
MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
His system isolated NVIDIA - Here's His Next Buy. (Ad)
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Nike, Amicus Therapeutics rise; Vail Resorts, Hess fall, Friday, 9/29/2023
How major US stock indexes fared Friday, 9/29/2023
His system isolated NVIDIA - Here's His Next Buy. (Ad)
MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
His system isolated NVIDIA - Here's His Next Buy. (Ad)
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
His system isolated NVIDIA - Here's His Next Buy. (Ad)
Nike, Amicus Therapeutics rise; Vail Resorts, Hess fall, Friday, 9/29/2023
How major US stock indexes fared Friday, 9/29/2023
His system isolated NVIDIA - Here's His Next Buy. (Ad)
MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade

Ellington Financial (EFC) Stock Forecast, Price & News

$12.47
+0.17 (+1.38%)
(As of 09/29/2023 ET)
Compare
Today's Range
$12.33
$12.60
50-Day Range
$12.30
$14.00
52-Week Range
$10.81
$14.62
Volume
711,806 shs
Average Volume
667,932 shs
Market Capitalization
$848.21 million
P/E Ratio
28.34
Dividend Yield
14.43%
Price Target
$14.55

Ellington Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
16.7% 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

598th out of 886 stocks

Real Estate Industry

17th out of 24 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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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
Ex-Dividend for 10/25 Dividend
9/28/2023
Today
9/30/2023
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
+16.7%
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
$2.38 per share
Book Value
$16.44 per share

Miscellaneous

Free Float
63,664,000
Market Cap
$848.21 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 Wall Street analysts have issued 1 year target prices for Ellington Financial's stock. Their EFC share price forecasts range from $13.75 to $15.50. On average, they anticipate the company's share price to reach $14.55 in the next twelve months. This suggests a possible upside of 16.7% 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 0.8% and is now trading at $12.47.
View the best growth stocks for 2023 here
.

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) issued its earnings results on Monday, August, 7th. The financial services provider reported $0.38 EPS for the quarter, topping the consensus estimate of $0.37 by $0.01. The financial services provider earned $24.66 million during the quarter, compared to the consensus estimate of $26.55 million. Ellington Financial had a net margin of 42.05% and a trailing twelve-month return on equity of 12.65%.

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 paid a dividend of $0.15 per share on Wednesday, October 25th. This represents a $1.80 annualized dividend and a dividend yield of 14.43%. 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 14.46%. 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 EPS 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."

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 $12.47.

How much money does Ellington Financial make?

Ellington Financial (NYSE:EFC) has a market capitalization of $848.21 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 9/30/2023 by MarketBeat.com Staff

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