Ellington Financial Stock Price, News & Analysis (NYSE:EFC) $13.04 -0.04 (-0.31%) (As of 11/28/2023 ET) Add Compare Share Share Today's Range$12.97▼$13.1150-Day Range$11.79▼$13.3952-Week Range$10.81▼$14.42Volume818,879 shsAverage Volume795,196 shsMarket Capitalization$887.32 millionP/E Ratio11.97Dividend Yield13.80%Price Target$14.31 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Ellington Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside9.7% Upside$14.31 Price TargetShort InterestHealthy7.98% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.72Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth11.45%From $1.66 to $1.85 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.2.18 out of 5 starsFinance Sector494th out of 869 stocksReal Estate Industry11th out of 23 stocks 1.4 Analyst's Opinion Consensus RatingEllington Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.31, Ellington Financial has a forecasted upside of 9.7% from its current price of $13.05.Amount of Analyst CoverageEllington Financial has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted7.98% 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 7.1.Change versus previous monthShort interest in Ellington Financial has recently decreased by 10.84%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipEllington Financial is a leading dividend payer. It pays a dividend yield of 13.76%, 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 165.14%. 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 97.30% 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 3.7 News and Social Media Coverage News SentimentEllington Financial has a news sentiment score of 1.72. 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 is a higher news sentiment than the 0.78 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Ellington Financial this week, compared to 2 articles on an average week.Search Interest47 people have searched for EFC on MarketBeat in the last 30 days. This is an increase of 81% compared to the previous 30 days.MarketBeat Follows13 people have added Ellington Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 8% 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 11.45% in the coming year, from $1.66 to $1.85 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ellington Financial is 11.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.96.Price to Earnings Ratio vs. SectorThe P/E ratio of Ellington Financial is 11.97, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.24.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 About Ellington Financial Stock (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. 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 Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EFC Stock News HeadlinesNovember 27, 2023 | finance.yahoo.comEllington Financial Announces Estimated Book Value Per Common Share as of October 31, 2023November 11, 2023 | markets.businessinsider.comPositive Outlook for Ellington Financial: Buy Rating Upheld Amid Promising Dividend Coverage and Strategic AcquisitionNovember 28, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 9, 2023 | insidermonkey.comEllington Financial Inc. (NYSE:EFC) Q3 2023 Earnings Call TranscriptNovember 9, 2023 | seekingalpha.comEllington Financial Stock: 14% Yield Like ClockworkNovember 9, 2023 | finance.yahoo.comInvesting in Ellington Financial (NYSE:EFC) five years ago would have delivered you a 36% gainNovember 9, 2023 | finance.yahoo.comQ3 2023 Ellington Financial Inc Earnings CallNovember 7, 2023 | businesswire.comEllington Financial Inc. Reports Third Quarter 2023 ResultsNovember 28, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 3, 2023 | businesswire.comARLINGTON ASSET INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Arlington ...October 31, 2023 | seekingalpha.comEFC.PR.A Ellington Financial Inc. 6.75% SER A PFDOctober 25, 2023 | msn.comEllington Financial estimates higher book value per share for SeptemberOctober 25, 2023 | finance.yahoo.comEllington Financial Announces Estimated Book Value Per Common Share as of September 30, 2023October 25, 2023 | finance.yahoo.comEllington Financial Announces Release Date of Third Quarter 2023 Earnings, Conference Call, and Investor PresentationOctober 24, 2023 | markets.businessinsider.comPiper Sandler Keeps Their Buy Rating on Ellington Financial (EFC)September 25, 2023 | finance.yahoo.comEllington Financial Announces Estimated Book Value Per Common Share as of August 31, 2023September 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 PresentationAugust 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 FinancialSee 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 Company Calendar Ex-Dividend for 11/27 Dividend10/30/2023Last Earnings11/07/2023Dividend Payable11/27/2023Today11/28/2023Ex-Dividend for 12/26 Dividend11/29/2023Dividend Payable12/26/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/22/2024Get 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 Target$14.31 High Stock Price Target$15.00 Low Stock Price Target$13.75 Potential Upside/Downside+9.3%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.09 Trailing P/E Ratio12.01 Forward P/E Ratio7.89 P/E GrowthN/ANet Income$-71,130,000.00 Net Margins84.21% Pretax Margin96.08% Return on Equity12.34% Return on Assets0.88% Debt Debt-to-Equity Ratio12.48 Current Ratio39.81 Quick Ratio39.81 Sales & Book Value Annual Sales$140.44 million Price / Sales6.34 Cash Flow$2.38 per share Price / Cash Flow5.50 Book Value$16.44 per share Price / Book0.80Miscellaneous Outstanding Shares68,020,000Free Float64,276,000Market Cap$890.38 million OptionableOptionable Beta1.89 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.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, President & 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)General Counsel Mr. Vincent AmbricoControllerMr. Alaael-Deen ShillehAssociate General Counsel & SecretaryMore ExecutivesKey CompetitorsArmada Hoffler PropertiesNYSE:AHHHudson Pacific PropertiesNYSE:HPPFRPNASDAQ:FRPHSeritage Growth PropertiesNYSE:SRGTejon RanchNYSE:TRCView All CompetitorsInstitutional OwnershipDeutsche Bank AGBought 3,968 shares on 11/24/2023Ownership: 0.049%Public Sector Pension Investment BoardSold 29,185 shares on 11/22/2023Ownership: 0.124%Comerica BankBought 31,439 shares on 11/21/2023Ownership: 0.046%Ranger Global Real Estate Advisors LLCSold 48,359 shares on 11/16/2023Ownership: 2.823%Penserra Capital Management LLCBought 4,664 shares on 11/16/2023Ownership: 0.054%View All Institutional Transactions EFC Stock Analysis - Frequently Asked Questions Should I buy or sell Ellington Financial stock right now? 4 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 3 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 target for 2024? 4 Wall Street analysts have issued 1-year target prices for Ellington Financial's stock. Their EFC share price targets range from $13.75 to $15.00. On average, they predict the company's share price to reach $14.31 in the next year. This suggests a possible upside of 9.7% 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 start of the year. Since then, EFC stock has increased by 5.5% and is now trading at $13.0450. View the best growth stocks for 2023 here. Are investors shorting Ellington Financial? Ellington Financial saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 5,430,000 shares, a drop of 10.8% from the October 31st total of 6,090,000 shares. Based on an average daily volume of 769,600 shares, the days-to-cover ratio is currently 7.1 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 Thursday, February 22nd 2024. View our EFC earnings forecast. How were Ellington Financial's earnings last quarter? Ellington Financial Inc. (NYSE:EFC) released its quarterly earnings data on Tuesday, November, 7th. The financial services provider reported $0.33 EPS for the quarter, missing analysts' consensus estimates of $0.42 by $0.09. The financial services provider had revenue of $27.51 million for the quarter, compared to analyst estimates of $31.41 million. Ellington Financial had a trailing twelve-month return on equity of 12.34% and a net margin of 84.21%. How often does Ellington Financial pay dividends? What is the dividend yield for Ellington Financial? Ellington Financial announced a monthly dividend on Tuesday, November 7th. Investors of record on Thursday, November 30th will be paid a dividend of $0.15 per share on Tuesday, December 26th. This represents a $1.80 annualized dividend and a yield of 13.80%. The ex-dividend date is Wednesday, November 29th. 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 13.76%. EFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 165.14%. 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 97.30% 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 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). 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). Who are Ellington Financial's major shareholders? Ellington Financial's stock is owned by many different institutional and retail investors. Top institutional shareholders include Ranger Global Real Estate Advisors LLC (2.82%), Mirae Asset Global Investments Co. Ltd. (2.31%), Invesco Ltd. (2.04%), Northern Trust Corp (0.99%), Charles Schwab Investment Management Inc. (0.80%) and Bank of New York Mellon Corp (0.79%). 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. This page (NYSE:EFC) was last updated on 11/28/2023 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. 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