Ellington Financial - EFC Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ellington Financial in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" EFC shares.
View EFC analyst ratings or view top-rated stocks.

4 brokers have issued 12-month price objectives for Ellington Financial's shares. Their EFC share price forecasts range from $14.75 to $18.00. On average, they anticipate the company's share price to reach $16.65 in the next year. This suggests a possible upside of 25.4% from the stock's current price.
View analysts price targets for EFC or view top-rated stocks among Wall Street analysts.

Ellington Financial's stock was trading at $17.09 at the beginning of the year. Since then, EFC shares have decreased by 22.3% and is now trading at $13.28.
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Ellington Financial saw a decline in short interest in August. As of August 15th, there was short interest totaling 2,370,000 shares, a decline of 14.1% from the July 31st total of 2,760,000 shares. Based on an average daily trading volume, of 622,400 shares, the short-interest ratio is currently 3.8 days.
View Ellington Financial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our EFC earnings forecast.

Ellington Financial Inc. (NYSE:EFC) issued its quarterly earnings data on Monday, November, 8th. The financial services provider reported $0.46 earnings per share for the quarter, meeting analysts' consensus estimates of $0.46. The financial services provider earned $29.54 million during the quarter, compared to analyst estimates of $32.25 million. Ellington Financial had a negative net margin of 4.65% and a positive trailing twelve-month return on equity of 9.54%. During the same quarter last year, the company posted $0.41 earnings per share.

Ellington Financial declared a monthly dividend on Thursday, September 8th. Stockholders of record on Friday, September 30th will be paid a dividend of $0.15 per share on Tuesday, October 25th. This represents a $1.80 annualized dividend and a yield of 13.55%. The ex-dividend date is Thursday, September 29th.
Read our dividend analysis for EFC.

Ellington Financial (NYSE:EFC) pays an annual dividend of $1.80 per share and currently has a dividend yield of 13.03%. 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.

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).

Ellington Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "EFC."

Ellington Financial's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Ranger Global Real Estate Advisors LLC (4.40%), State Street Corp (3.45%), JPMorgan Chase & Co. (1.24%), Northern Trust Corp (0.95%), Mutual of America Capital Management LLC (0.72%) and Principal Financial Group Inc. (0.58%).
View institutional ownership trends.

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.
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One share of EFC stock can currently be purchased for approximately $13.28.

Ellington Financial (NYSE:EFC) has a market capitalization of $797.46 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 ($0.23) on an earnings per share basis.

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.