Top-Rated Dividend StocksTop-Rated DividendNYSE:EFC Ellington Financial (EFC) Stock Forecast, Price & News $13.16 -0.06 (-0.45%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$13.10▼$13.2150-Day Range$11.78▼$13.2252-Week Range$10.81▼$16.38Volume404,011 shsAverage Volume831,663 shsMarket Capitalization$883.83 millionP/E RatioN/ADividend Yield13.68%Price Target$14.35 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Ellington Financial MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside9.0% Upside$14.35 Price TargetShort InterestHealthy4.88% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.60Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth7.26%From $1.79 to $1.92 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.1.83 out of 5 starsFinance Sector667th out of 838 stocksReal Estate Industry14th out of 21 stocks 1.4 Analyst's Opinion Consensus RatingEllington Financial has received a consensus rating of 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 $14.35, Ellington Financial has a forecasted upside of 9.0% from its current price of $13.16.Amount of Analyst CoverageEllington Financial has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.88% 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 4.1.Change versus previous monthShort interest in Ellington Financial has recently decreased by 14.36%, 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 13.62%, 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 SustainabilityBased on EPS estimates, Ellington Financial will have a dividend payout ratio of 93.75% 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 2.0 News and Social Media Coverage News SentimentEllington Financial has a news sentiment score of 0.60. 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 0.86 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Ellington Financial this week, compared to 2 articles on an average week.Search InterestOnly 27 people have searched for EFC on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.MarketBeat FollowsOnly 10 people have added Ellington Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -9% 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 Institutions54.02% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Ellington Financial are expected to grow by 7.26% in the coming year, from $1.79 to $1.92 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ellington Financial is -19.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Ellington Financial is -19.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioEllington Financial has a P/B Ratio of 0.80. 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. engages in the provision of investment services. It operates through the Investment Portfolio and Longbridge segments. The Investment Portfolio segment is focused on investing in a diverse array of financial assets, which includes residential and commercial mortgage loans, residential mortgage-backed securities, commercial mortgage-backed securities, and consumer loans. The Longbridge segment consists of the origination and servicing of reverse mortgage loans. The company was founded on July 9, 2007 and is headquartered in Old Greenwich, CT.Read More 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 Stock News HeadlinesJune 9, 2023 | americanbankingnews.comEllington Financial Inc. (NYSE:EFC) Announces $0.15 Monthly DividendJune 6, 2023 | finance.yahoo.comKKR Agrees to Buy Industrial Machinery Maker Circor for $1.6BJune 10, 2023 | Altimetry (Ad)Surprising "Twist" Hands Biden Landslide Re-election?This could make it harder than ever to hang onto the money you make as Progressives gain power, and America slides further towards Socialism.June 1, 2023 | markets.businessinsider.comBank of America Securities Reaffirms Their Hold Rating on Ellington Financial (EFC)June 1, 2023 | americanbankingnews.comEllington Financial (NYSE:EFC) Shares Gap Down to $12.92May 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 TuesdayJune 10, 2023 | Behind the Markets (Ad)Avoid the upcoming bloodbathBy this time next year, millions of retirees are going to be so broke they'll struggle to keep the heat running, and may have to make hard decisions about which medications they can afford. It's all because of an upcoming government announcement that could make last year's record breaking 7% inflation look like nothing. Get the details that could keep your money safe here >>>May 26, 2023 | msn.comJMP Securities Reiterates Ellington Financial (EFC) Market Outperform RecommendationMay 24, 2023 | msn.comEllington Financial book value per share slipped 1.4% in AprilMay 24, 2023 | finance.yahoo.comEllington Financial Announces Estimated Book Value Per Common Share as of April 30, 2023May 23, 2023 | msn.comEllington Financial announces stock authorizationMay 22, 2023 | finance.yahoo.comEllington Financial Announces Common Stock AuthorizationMay 19, 2023 | investing.comEllington Financial Inc Preferred (EFC_pc)May 18, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Ellington Financial (NYSE:EFC)May 17, 2023 | americanbankingnews.comEllington Financial Inc. (NYSE:EFC) Receives $14.55 Average Target Price from BrokeragesMay 15, 2023 | msn.comKeefe, Bruyette & Woods Upgrades Ellington Financial (EFC)May 15, 2023 | americanbankingnews.comEllington Financial (NYSE:EFC) Rating Increased to Outperform at Keefe, Bruyette & WoodsMay 10, 2023 | finance.yahoo.comQ1 2023 Ellington Financial Inc Earnings CallMay 5, 2023 | benzinga.comEllington Financial Earnings PreviewMay 2, 2023 | finance.yahoo.comEllington Financial Inc. (EFC) stock forecast and price targetMay 1, 2023 | finance.yahoo.comEllington Financial Announces Release Date of First Quarter 2023 Earnings, Conference Call, and Investor PresentationApril 27, 2023 | finance.yahoo.comEFC: Rating decreased to a SELLApril 24, 2023 | finance.yahoo.comEllington Financial Announces Estimated Book Value Per Common Share as of March 31, 2023April 22, 2023 | americanbankingnews.comEllington Financial Inc. (NYSE:EFC) Receives $14.85 Average Price Target from BrokeragesApril 22, 2023 | seekingalpha.comEFC.PA Ellington Financial Inc. 6.75% SER A PFDSee More Headlines EFC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EFC Company Calendar Last Earnings11/08/2021Ex-Dividend for 6/26 Dividend5/30/2023Today6/10/2023Dividend Payable6/26/2023Ex-Dividend for 7/25 Dividend6/29/2023Dividend Payable7/25/2023Next Earnings (Estimated)8/03/2023Fiscal 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$14.35 High Stock Price Forecast$15.50 Low Stock Price Forecast$13.50 Forecasted Upside/Downside+9.0%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.68) Trailing P/E RatioN/A Forward P/E Ratio7.35 P/E GrowthN/ANet Income$-71,130,000.00 Net Margins-15.23% Pretax Margin18.57% Return on Equity12.01% Return on Assets1.18% Debt Debt-to-Equity Ratio11.75 Current Ratio46.90 Quick Ratio46.90 Sales & Book Value Annual Sales$140.44 million Price / Sales6.29 Cash Flow$2.37 per share Price / Cash Flow5.56 Book Value$16.44 per share Price / Book0.80Miscellaneous Outstanding Shares67,160,000Free Float62,864,000Market Cap$883.83 million OptionableOptionable Beta1.87 Key ExecutivesLaurence Eric PennPresident, Chief Executive Officer & DirectorJ. R. HerlihyChief Financial Officer & TreasurerMichael William VranosCo-Chief Investment OfficerMark Ira TecotzkyCo-Chief Investment OfficerChristopher M. SmernoffChief Accounting OfficerKey CompetitorsHudson Pacific PropertiesNYSE:HPPArmada Hoffler PropertiesNYSE:AHHForestar GroupNYSE:FORINDUS Realty TrustNASDAQ:INDTFRPNASDAQ:FRPHView All CompetitorsInstitutional OwnershipAmeriprise Financial Inc.Bought 26,602 shares on 5/22/2023Ownership: 0.379%JPMorgan Chase & Co.Bought 26,447 shares on 5/18/2023Ownership: 0.466%New York State Common Retirement FundSold 5,800 shares on 5/18/2023Ownership: 0.054%Thrivent Financial for LutheransBought 3,757 shares on 5/17/2023Ownership: 0.093%Susquehanna International Group LLPSold 1,600 shares on 5/16/2023Ownership: 0.000%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 year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" EFC shares. View EFC analyst ratings or view top-rated stocks. What is Ellington Financial's stock price forecast for 2023? 5 analysts have issued twelve-month price objectives for Ellington Financial's shares. Their EFC share price forecasts range from $13.50 to $15.50. On average, they anticipate the company's stock price to reach $14.35 in the next year. This suggests a possible upside of 9.0% 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 on January 1st, 2023. Since then, EFC stock has increased by 6.4% and is now trading at $13.16. 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 May. As of May 15th, there was short interest totaling 3,280,000 shares, a drop of 14.4% from the April 30th total of 3,830,000 shares. Based on an average trading volume of 808,200 shares, the days-to-cover ratio is currently 4.1 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, August 3rd 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, November, 8th. The financial services provider reported $0.46 earnings per share for the quarter, hitting the consensus estimate of $0.46. The financial services provider had revenue of $29.54 million for the quarter, compared to analysts' expectations of $32.25 million. Ellington Financial had a positive trailing twelve-month return on equity of 12.01% and a negative net margin of 15.23%. During the same quarter last year, the company posted $0.41 EPS. How often does Ellington Financial pay dividends? What is the dividend yield for Ellington Financial? Ellington Financial announced a monthly dividend on Wednesday, June 7th. Stockholders of record on Friday, June 30th will be paid a dividend of $0.15 per share on Tuesday, July 25th. This represents a $1.80 annualized dividend and a yield of 13.68%. The ex-dividend date is Thursday, June 29th. 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 KBW High Dividend Yield Financial ETF (KBWD), WisdomTree Alternative Income Fund (HYIN), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), VanEck Mortgage REIT Income ETF (MORT), iShares Mortgage Real Estate ETF (REM), Global X SuperDividend ETF (SDIV), Invesco S&P SmallCap Financials ETF (PSCF) and iShares Micro-Cap ETF (IWC). 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 13.62%. EFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for EFC. 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 a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (17.05%), State Street Corp (3.76%), Ranger Global Real Estate Advisors LLC (3.42%), Geode Capital Management LLC (1.81%), Mirae Asset Global Investments Co. Ltd. (0.98%) and Bank of New York Mellon Corp (0.77%). 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 $13.16. How much money does Ellington Financial make? Ellington Financial (NYSE:EFC) has a market capitalization of $883.83 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 ($0.68) 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 6/10/2023 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. 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