Top-Rated Dividend StocksTop-Rated DividendNYSE:EFC Ellington Financial (EFC) Stock Forecast, Price & News $12.45 -0.03 (-0.24%) (As of 09/27/2023 ET) Add Compare Share Share Today's Range$12.40▼$12.6450-Day Range$12.45▼$14.0752-Week Range$10.81▼$14.62Volume776,804 shsAverage Volume788,858 shsMarket Capitalization$846.85 millionP/E Ratio28.30Dividend Yield14.46%Price Target$14.55 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Ellington Financial MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside16.9% Upside$14.55 Price TargetShort InterestBearish8.34% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.72Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth11.24%From $1.69 to $1.88 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.2.17 out of 5 starsFinance Sector573rd out of 864 stocksReal Estate Industry16th out of 23 stocks 2.4 Analyst's Opinion Consensus RatingEllington Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.55, Ellington Financial has a forecasted upside of 16.9% from its current price of $12.45.Amount of Analyst CoverageEllington Financial has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted8.34% 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 7.9.Change versus previous monthShort interest in Ellington Financial has recently increased by 5.00%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend LeadershipEllington Financial is a leading dividend payer. It pays a dividend yield of 13.92%, 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 409.10%. 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 N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EFC. Previous Next 2.6 News and Social Media Coverage News SentimentEllington Financial has a news sentiment score of 0.72. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Ellington Financial this week, compared to 2 articles on an average week.Search InterestOnly 33 people have searched for EFC on MarketBeat in the last 30 days. This is a decrease of -71% compared to the previous 30 days.MarketBeat Follows19 people have added Ellington Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 58% 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 11.24% in the coming year, from $1.69 to $1.88 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ellington Financial is 28.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.34.Price to Earnings Ratio vs. SectorThe P/E ratio of Ellington Financial is 28.30, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 83.48.Price to Book Value per Share RatioEllington Financial has a P/B Ratio of 0.76. 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 (NYSE:EFC) StockEllington 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EFC Stock News HeadlinesSeptember 26, 2023 | americanbankingnews.comNew York Mortgage Trust (NASDAQ:NYMTL) vs. Ellington Financial (NYSE:EFC) Head-To-Head ContrastSeptember 25, 2023 | finance.yahoo.comEllington Financial Announces Estimated Book Value Per Common Share as of August 31, 2023September 28, 2023 | Chaikin Analytics (Ad)His system isolated NVIDIA - Here's His Next Buy.Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.September 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 PresentationSeptember 28, 2023 | Stansberry Research (Ad)New gold-backed currency could kill the DollarRumors are circulating of a new currency that will be backed by gold. A huge story, if true. And while it’s impossible to know how it will pan out, there’s one important move you should make right now, before this happens. It’s the best way to protect your wealth today. Because if you’re not careful, YOU could be the one who pays the priceAugust 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)July 24, 2023 | finance.yahoo.comEllington Financial Announces Release Date of Second Quarter 2023 Earnings, Conference Call, and Investor PresentationJuly 24, 2023 | finance.yahoo.comEllington Financial Reports Preliminary Results for Second Quarter 2023July 13, 2023 | markets.businessinsider.comWhat 5 Analyst Ratings Have To Say About Ellington FinancialJuly 10, 2023 | finance.yahoo.comEllington Financial Inc. (NYSE:EFC) is a favorite amongst institutional investors who own 52%July 6, 2023 | markets.businessinsider.comEllington Financial (EFC) Receives a Hold from Bank of America SecuritiesJuly 6, 2023 | seekingalpha.comEllington Financial: Impending Acquisitions, A Potential Turning PointJuly 3, 2023 | finance.yahoo.comEllington Financial and Great Ajax Corp. Announce Definitive Merger AgreementJune 22, 2023 | marketwatch.com8-K: Ellington Financial Inc.June 16, 2023 | seekingalpha.comEFC.PB Ellington Financial Inc. 6.25% SER B FIX RAT RESET CUM RED PFD SHJune 6, 2023 | finance.yahoo.comKKR Agrees to Buy Industrial Machinery Maker Circor for $1.6BJune 1, 2023 | markets.businessinsider.comBank of America Securities Reaffirms Their Hold Rating on Ellington Financial (EFC)May 31, 2023 | wsj.comEllington Financial Inc. 6.25% Cum. Redeem. Pfd. Series BMay 30, 2023 | bizjournals.comArlington Asset Investment to be acquired by Ellington FinancialMay 26, 2023 | msn.comEllington Financial goes ex-dividend on TuesdayMay 26, 2023 | msn.comJMP Securities Reiterates Ellington Financial (EFC) Market Outperform RecommendationSee 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 EFC Company Calendar Last Earnings8/07/2023Ex-Dividend for 9/25 Dividend8/30/2023Dividend Payable9/25/2023Today9/28/2023Ex-Dividend for 10/25 Dividend9/28/2023Dividend Payable10/25/2023Next Earnings (Estimated)11/06/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, 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 Founded2007Price Target and Rating Average Stock Price Forecast$14.55 High Stock Price Forecast$15.50 Low Stock Price Forecast$13.75 Forecasted Upside/Downside+16.9%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.44 Trailing P/E Ratio28.30 Forward P/E Ratio7.37 P/E GrowthN/ANet Income$-71,130,000.00 Net Margins42.05% Pretax Margin73.18% Return on Equity12.65% Return on Assets1.04% Debt Debt-to-Equity Ratio12.26 Current Ratio43.02 Quick Ratio43.02 Sales & Book Value Annual Sales$140.44 million Price / Sales6.03 Cash Flow$2.29 per share Price / Cash Flow5.44 Book Value$16.44 per share Price / Book0.76Miscellaneous Outstanding Shares68,020,000Free Float64,276,000Market Cap$846.85 million OptionableOptionable Beta1.86 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.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, 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 AmbricoControllerMr. Alaael-Deen ShillehAssociate Gen. Counsel & Sec.More ExecutivesKey CompetitorsArmada Hoffler PropertiesNYSE:AHHHudson Pacific PropertiesNYSE:HPPFRPNASDAQ:FRPHTejon RanchNYSE:TRCFive PointNYSE:FPHView All CompetitorsInstitutional OwnershipPortside Wealth Group LLCBought 10,068 shares on 9/1/2023Ownership: 0.015%Cooperman Leon GSold 121,300 shares on 8/30/2023Ownership: 0.772%California State Teachers Retirement SystemBought 4,396 shares on 8/21/2023Ownership: 0.115%Osaic Holdings Inc.Sold 3,808 shares on 8/21/2023Ownership: 0.083%Teachers Retirement System of The State of KentuckyBought 1,000 shares on 8/21/2023Ownership: 0.027%View All Institutional Transactions 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 brokerages have issued 12-month price objectives for Ellington Financial's shares. Their EFC share price forecasts range from $13.75 to $15.50. On average, they predict the company's share price to reach $14.55 in the next twelve months. This suggests a possible upside of 16.9% 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 0.6% and is now trading at $12.45. View the best growth stocks for 2023 here. Are investors shorting Ellington Financial? Ellington Financial saw a increase in short interest in the month of August. As of August 15th, there was short interest totaling 5,280,000 shares, an increase of 8.6% from the July 31st total of 4,860,000 shares. Based on an average trading volume of 813,100 shares, the short-interest ratio is currently 6.5 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 Monday, November 6th 2023. View our EFC earnings forecast. How were Ellington Financial's earnings last quarter? Ellington Financial Inc. (NYSE:EFC) posted its quarterly earnings data on Monday, August, 7th. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.37 by $0.01. The financial services provider had revenue of $24.66 million for the quarter, compared to analyst estimates of $26.55 million. Ellington Financial had a trailing twelve-month return on equity of 12.65% and a net margin of 42.05%. 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 given a dividend of $0.15 per share on Wednesday, October 25th. This represents a $1.80 annualized dividend and a dividend yield of 14.46%. The ex-dividend date of this dividend is Thursday, September 28th. 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). 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 13.92%. 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 estimate of $0.45. The company issued revenue guidance of -. 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." Who are Ellington Financial's major shareholders? Ellington Financial's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.69%), State Street Corp (3.55%), Ranger Global Real Estate Advisors LLC (2.89%), Mirae Asset Global Investments Co. Ltd. (2.30%), Geode Capital Management LLC (1.90%) and Northern Trust Corp (0.99%). 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. What is Ellington Financial's stock price today? One share of EFC stock can currently be purchased for approximately $12.45. How much money does Ellington Financial make? Ellington Financial (NYSE:EFC) has a market capitalization of $846.85 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 9/28/2023 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. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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