NYSE:EFC Ellington Financial Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $15.14 +0.47 (+3.20%) (As of 07/1/2022 12:00 AM ET) Add Compare Share Today's Range$14.63▼$15.2350-Day Range$12.83▼$16.8652-Week Range$12.74▼$19.31Volume597,888 shsAverage Volume772,811 shsMarket Capitalization$909.10 millionP/E Ratio9.46Dividend Yield12.27%Price Target$17.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Ellington Financial Stock Forecast (MarketRank)Analyst RatingModerate Buy2.67 Rating ScoreUpside/Downside15.6% Upside$17.50 Price TargetShort InterestHealthy3.58% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.52Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth6.21%From $1.77 to $1.88 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.1.61 out of 5 starsFinance Sector647th out of 1,394 stocksReal Estate Industry18th out of 45 stocks 2.3 Analyst's Opinion Consensus RatingEllington Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.50, Ellington Financial has a forecasted upside of 15.6% from its current price of $15.14.Amount of Analyst CoverageEllington Financial has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.58% 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 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ellington Financial has recently increased by 9.14%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipEllington Financial is a leading dividend payer. It pays a dividend yield of 12.27%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEllington Financial has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Ellington Financial is 112.50%. 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 95.74% in the coming year. This indicates that Ellington Financial may not be able to sustain their current dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EFC. Previous Next 0.8 News and Social Media Coverage News SentimentEllington Financial has a news sentiment score of -0.52. 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 lower news sentiment than the 0.60 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Ellington Financial this week, compared to 1 article on an average week.Search InterestOnly 39 people have searched for EFC on MarketBeat in the last 30 days. This is a decrease of -26% compared to the previous 30 days.MarketBeat FollowsOnly 13 people have added Ellington Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -35% 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 6.40% of the stock of Ellington Financial is held by insiders.Percentage Held by Institutions59.15% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Ellington Financial are expected to grow by 6.21% in the coming year, from $1.77 to $1.88 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ellington Financial is 9.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 47.10.Price to Earnings Ratio vs. SectorThe P/E ratio of Ellington Financial is 9.46, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 61.27.Price to Book Value per Share RatioEllington Financial has a P/B Ratio of 0.79. 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 View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 About Ellington Financial (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. Ellington Financial LLC was incorporated in 2007 and is based in Old Greenwich, Connecticut.Read More EFC Stock News HeadlinesJune 28, 2022 | americanbankingnews.comEllington Financial Inc. (NYSE:EFC) Plans $0.15 Monthly DividendJune 18, 2022 | seekingalpha.comEllington Financial reports May estimated book value of $16.94/shareJune 17, 2022 | americanbankingnews.comEllington Financial (NYSE:EFC) Price Target Cut to $17.50 by Analysts at JMP SecuritiesJune 16, 2022 | finance.yahoo.comEllington Financial Announces Estimated Book Value Per Common Share as of May 31, 2022June 12, 2022 | americanbankingnews.comBrokerages Set Ellington Financial Inc. (NYSE:EFC) PT at $19.17June 10, 2022 | americanbankingnews.comComparing Ellington Financial (NYSE:EFC) & Altisource Asset Management (NYSE:AAMC)June 6, 2022 | seekingalpha.comWhy I Am Skipping Ellington Financial For Other OptionsMay 18, 2022 | seekingalpha.comEllington Financial reports April estimated book value at $17.10/shareMay 18, 2022 | finance.yahoo.comEllington Financial Announces Estimated Book Value Per Common Share as of April 30, 2022May 18, 2022 | investing.comEFC_pa Historical DataMay 6, 2022 | seekingalpha.comEllington Financial Inc. (EFC) CEO Larry Penn on Q1 2022 Results - Earnings Call TranscriptMay 5, 2022 | finance.yahoo.comEllington Financial Inc. Reports First Quarter 2022 ResultsMay 4, 2022 | seekingalpha.comEllington Financial Q1 2022 Earnings PreviewSee More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Real estate Sub-IndustryN/A SectorFinance Current SymbolNYSE:EFC CUSIPN/A CIK1411342 Webwww.ellingtonfinancial.com Phone(203) 698-1200Fax203-698-0869EmployeesN/AYear FoundedN/ACompany Calendar Last Earnings5/05/2022Ex-Dividend for 6/27 Dividend5/27/2022Dividend Payable6/27/2022Ex-Dividend for 7/25 Dividend6/29/2022Today7/02/2022Dividend Payable7/25/2022Next Earnings (Estimated)8/04/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$17.50 High Stock Price Forecast$18.00 Low Stock Price Forecast$17.00 Forecasted Upside/Downside+15.6%Consensus RatingModerate Buy Rating Score (0-4)2.66666666666667 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.60 Trailing P/E Ratio9.46 Forward P/E Ratio8.55 P/E GrowthN/ANet Income$135.25 million Net Margins63.71% Pretax Margin29.33% Return on Equity9.86% Return on Assets2.01% Debt Debt-to-Equity Ratio3.91 Current Ratio39.86 Quick Ratio39.86 Sales & Book Value Annual Sales$131.48 million Price / Sales6.91 Cash Flow$2.14 per share Price / Cash Flow7.09 Book Value$19.10 per share Price / Book0.79Miscellaneous Outstanding Shares60,046,000Free Float56,203,000Market Cap$909.10 million OptionableOptionable Beta1.89 Ellington Financial Frequently Asked Questions Should I buy or sell Ellington Financial stock right now? 3 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 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" Ellington Financial stock. View analyst ratings for Ellington Financial or view top-rated stocks. What is Ellington Financial's stock price forecast for 2022? 3 equities research analysts have issued 12 month target prices for Ellington Financial's shares. Their EFC stock forecasts range from $17.00 to $18.00. On average, they predict Ellington Financial's share price to reach $17.50 in the next twelve months. This suggests a possible upside of 15.6% from the stock's current price. View analysts' price targets for Ellington Financial or view top-rated stocks among Wall Street analysts. How has Ellington Financial's stock performed in 2022? Ellington Financial's stock was trading at $17.09 at the beginning of 2022. Since then, EFC shares have decreased by 11.4% and is now trading at $15.14. View the best growth stocks for 2022 here. When is Ellington Financial's next earnings date? Ellington Financial is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for Ellington Financial. How were Ellington Financial's earnings last quarter? Ellington Financial Inc. (NYSE:EFC) posted its quarterly earnings data on Thursday, May, 5th. The financial services provider reported $0.40 EPS for the quarter, missing the consensus estimate of $0.44 by $0.04. The financial services provider had revenue of $37.06 million for the quarter, compared to analysts' expectations of $39.16 million. Ellington Financial had a trailing twelve-month return on equity of 9.86% and a net margin of 63.71%. During the same period in the previous year, the business earned $0.43 EPS. View Ellington Financial's earnings history. How often does Ellington Financial pay dividends? What is the dividend yield for Ellington Financial? Ellington Financial announced a monthly dividend on Tuesday, June 7th. Stockholders of record on Thursday, June 30th will be given a dividend of $0.15 per share on Monday, July 25th. This represents a $1.80 dividend on an annualized basis and a yield of 11.89%. The ex-dividend date of this dividend is Wednesday, June 29th. View Ellington Financial's dividend history. 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 12.27%. EFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Ellington Financial does not yet have a strong track record of dividend growth. The dividend payout ratio of Ellington Financial is 112.50%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Ellington Financial will have a dividend payout ratio of 95.74% in the coming year. This indicates that Ellington Financial may not be able to sustain their current dividend. View Ellington Financial's dividend history. Who are Ellington Financial's key executives? Ellington Financial's management team includes the following people: Mr. Laurence Eric Penn, CEO, Pres & Director (Age 60)Mr. J. R. Herlihy, CFO & Treasurer (Age 41, Pay $532.69k)Mr. Christopher M. Smernoff, Chief Accounting Officer (Age 45, Pay $383.44k)Mr. Mark Ira Tecotzky, Co-Chief Investment Officer (Age 60)Mr. Michael William Vranos, Co-Chief Investment Officer (Age 60)Mr. Daniel Reuven Margolis, Gen. Counsel (Age 49)Mr. Jason Frank, Deputy Gen. Counsel & Sec.Mr. Vincent Ambrico, Controller Who are some of Ellington Financial's key competitors? Some companies that are related to Ellington Financial include Cushman & Wakefield (CWK), Innovative Industrial Properties (IIPR), Kennedy-Wilson (KW), Keppel REIT (KREVF), Claros Mortgage Trust (CMTG), New World Development (NDVLY), Hudson Pacific Properties (HPP), Urban Edge Properties (UE), Shanghai Industrial (SGHIY), Getty Realty (GTY), G City (GZTGF), Armada Hoffler Properties (AHH), Office Properties Income Trust (OPI), Forestar Group (FOR) and INDUS Realty Trust (INDT). View all of EFC's competitors. 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). 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 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 $15.14. How much money does Ellington Financial make? Ellington Financial (NYSE:EFC) has a market capitalization of $909.10 million and generates $131.48 million in revenue each year. The financial services provider earns $135.25 million in net income (profit) each year or $1.60 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 Ellington Financial is www.ellingtonfinancial.com. The financial services provider can be reached via phone at (203) 698-1200, via email at [email protected], or via fax at 203-698-0869. This page (NYSE:EFC) was last updated on 7/2/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. MarketBeat Resources Premium Research Tools MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools. Discover All Access Market Data and Calendars Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free. View Market Data Investing Education and Resources Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more. Financial Terms Details Here
