About Ellington Financial LLC
Ellington Financial LLC is a specialty finance Company that acquires and manages mortgage-related and other financial assets. The Company is focused on assets, including residential mortgage-backed securities (RMBS) backed by prime jumbo, Alternative A-paper (Alt-A) manufactured housing and subprime residential mortgage loans, collectively referred to as non-Agency RMBS; RMBS, for which the principal and interest payments are guaranteed by the United States government agency or the United States government-sponsored entity (Agency RMBS); residential mortgage loans; mortgage servicing rights (MSRs); mortgage-related derivatives; commercial mortgage-backed securities (CMBS), commercial mortgage loans and other commercial real estate debt; collateralized loan obligations (CLOs); consumer loans and asset-backed securities (ABS) backed by consumer and commercial assets, and corporate debt and equity securities and derivatives.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Mortgage Investment
- Sub-Industry: N/A
- Exchange: NYSE
- Symbol: EFC
- Previous Close: $16.35
- 50 Day Moving Average: $15.96
- 200 Day Moving Average: $16.35
- 52-Week Range: $15.30 - $18.20
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 11.12
- P/E Growth: 0.96
- Market Cap: $538.66M
- Outstanding Shares: 32,294,000
- Beta: 0.29
- Net Margins: -19.04%
- Return on Equity: 5.78%
- Return on Assets: 1.42%
Companies Related to Ellington Financial LLC:
- Debt-to-Equity Ratio: 1.53%
- Current Ratio: 3.45%
- Quick Ratio: 3.45%
What is Ellington Financial LLC's stock symbol?
Ellington Financial LLC trades on the New York Stock Exchange (NYSE) under the ticker symbol "EFC."
How often does Ellington Financial LLC pay dividends? What is the dividend yield for Ellington Financial LLC?
Ellington Financial LLC declared a quarterly dividend on Thursday, February 9th. Stockholders of record on Wednesday, March 1st will be given a dividend of $0.45 per share on Wednesday, March 15th. This represents a $1.80 annualized dividend and a dividend yield of 10.79%. The ex-dividend date of this dividend is Monday, February 27th.
Where is Ellington Financial LLC's stock going? Where will Ellington Financial LLC's stock price be in 2017?
4 analysts have issued 1 year price objectives for Ellington Financial LLC's stock. Their predictions range from $17.50 to $22.50. On average, they anticipate Ellington Financial LLC's stock price to reach $20.00 in the next year.
When will Ellington Financial LLC announce their earnings?
Ellington Financial LLC is scheduled to release their next quarterly earnings announcement on Wednesday, May, 3rd 2017.
What are analysts saying about Ellington Financial LLC stock?
Here are some recent quotes from research analysts about Ellington Financial LLC stock:
FBR & Co analysts commented, "Ellington Financial reported 4Q16 EPS of $0.05, missing Street expectations for $0.22 and our estimate of $0.32. Similar to past quarters, the miss was driven by hedging losses as high-yield corporate credit spreads continued to tighten in the quarter. As a result of their negative impact on earnings, the company is exiting the hedge position and has already started selling it down. Excluding hedging losses, the company’s consumer credit and agency portfolios both performed well as yields held in and balances grew. During the quarter, the company’s book value fell to $19.46 from $19.83, a 2% drop, and the company lowered its $0.50 quarterly dividend per share to $0.45. Following a challenging year for Ellington given unfavorable market dynamics, we believe the portfolio migration toward core strategies is a good start and expect more progress in FY17 and beyond. As such, we reiterate our Outperform rating but lower our price target to $17.50 from $18.00." (2/24/2017)
According to Zacks Investment Research, "Ellington Financial LLC is a finance company that engages in acquiring and managing mortgage-related assets, including residential mortgage backed securities, prime jumbo, Alternative A-paper and subprime residential mortgage loans. The Company's targeted assets also include mortgage-related derivatives, corporate debt and equity securities and derivatives. Ellington Financial LLC is headquartered in Old Greenwich, USA. " (2/16/2017)
Who owns Ellington Financial LLC stock?
Ellington Financial LLC's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (3.77%), Ellington Management Group LLC (3.21%), BBR Partners LLC (2.71%), West Family Investments Inc. (1.36%), Robertson Stephens Advisors LLC (0.80%) and Renaissance Technologies LLC (0.55%).
Who bought Ellington Financial LLC stock? Who is buying Ellington Financial LLC stock?
Ellington Financial LLC's stock was purchased by a variety of institutional investors in the last quarter, including Robertson Stephens Advisors LLC, Ellington Management Group LLC, Renaissance Technologies LLC and BBR Partners LLC.
How do I buy Ellington Financial LLC stock?
Shares of Ellington Financial LLC can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Ellington Financial LLC stock cost?
One share of Ellington Financial LLC stock can currently be purchased for approximately $16.68.