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NYSE:EFC - Ellington Financial Stock Price, Forecast & News

$19.06
+0.19 (+1.01 %)
(As of 02/20/2020 05:55 AM ET)
Today's Range
$18.89
Now: $19.06
$19.11
50-Day Range
$18.20
MA: $18.53
$19.06
52-Week Range
$16.55
Now: $19.06
$19.11
Volume723,400 shs
Average Volume745,320 shs
Market Capitalization$837.50 million
P/E Ratio10.65
Dividend Yield9.54%
Beta0.41
Ellington Financial LLC, through its subsidiary Ellington Financial Operating Partnership LLC, operates as a specialty finance company in the United States. The company acquires and manages mortgage-related assets, including 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. Read More…

Industry, Sector and Symbol

Industry Real estate
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone203-698-1200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$159.90 million
Cash Flow$3.01 per share
Book Value$19.83 per share

Profitability

Net Income$57.93 million

Miscellaneous

EmployeesN/A
Market Cap$837.50 million
Next Earnings Date5/5/2020 (Estimated)
OptionableOptionable

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Ellington Financial (NYSE:EFC) Frequently Asked Questions

What is Ellington Financial's stock symbol?

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

How often does Ellington Financial pay dividends? What is the dividend yield for Ellington Financial?

Ellington Financial declared a monthly dividend on Friday, February 7th. Shareholders of record on Friday, February 28th will be given a dividend of $0.15 per share on Wednesday, March 25th. This represents a $1.80 annualized dividend and a yield of 9.44%. The ex-dividend date is Thursday, February 27th. View Ellington Financial's Dividend History.

How were Ellington Financial's earnings last quarter?

Ellington Financial Inc (NYSE:EFC) announced its quarterly earnings results on Wednesday, November, 6th. The financial services provider reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.04. The financial services provider had revenue of $39.99 million for the quarter, compared to the consensus estimate of $39.03 million. Ellington Financial had a net margin of 36.23% and a return on equity of 9.65%. View Ellington Financial's Earnings History.

When is Ellington Financial's next earnings date?

Ellington Financial is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Ellington Financial.

What price target have analysts set for EFC?

4 brokers have issued 12-month price targets for Ellington Financial's shares. Their forecasts range from $19.50 to $20.00. On average, they expect Ellington Financial's stock price to reach $19.88 in the next year. This suggests a possible upside of 4.3% from the stock's current price. View Analyst Price Targets for Ellington Financial.

What is the consensus analysts' recommendation for Ellington Financial?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ellington Financial in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ellington Financial.

What are Wall Street analysts saying about Ellington Financial stock?

Here are some recent quotes from research analysts about Ellington Financial stock:
  • 1. 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. " (1/15/2020)
  • 2. Maxim Group analysts commented, "EFC reported 2Q19 EPS of $0.43 and 2Q19 core income of $0.46 per share, both covering EFC’s new $0.42 quarterly dividend, now paid monthly ($0.14 per month) related to its conversion to a REIT. We are maintaining our price target at $20. This equates to 1.06x book value (unchanged), which is inline with the average P/BV multiple of other high- quality mortgage REITs." (8/9/2019)

Has Ellington Financial been receiving favorable news coverage?

News headlines about EFC stock have been trending extremely negative recently, according to InfoTrie. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ellington Financial earned a media sentiment score of -4.6 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Ellington Financial.

Who are some of Ellington Financial's key competitors?

What other stocks do shareholders of Ellington Financial own?

Who are Ellington Financial's key executives?

Ellington Financial's management team includes the folowing people:
  • Mr. Laurence Eric Penn, CEO, Pres & Director (Age 57)
  • Mr. Michael William Vranos, Co-Chief Investment Officer (Age 57)
  • Mr. JR Herlihy B.A., Chief Financial Officer (Age 37)
  • Mr. Mark Ira Tecotzky, Co-Chief Investment Officer (Age 57)
  • Mr. Christopher M. Smernoff B.S., C.P.A., Chief Accounting Officer (Age 42)

Who are Ellington Financial's major shareholders?

Ellington Financial's stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (4.25%), Acadian Asset Management LLC (2.11%), Ellington Management Group LLC (1.94%), Marshall Wace LLP (1.78%), State Street Corp (1.66%) and Mutual of America Capital Management LLC (1.07%). Company insiders that own Ellington Financial stock include Laurence Penn, Michael W Vranos and Ronald I Simon. View Institutional Ownership Trends for Ellington Financial.

Which institutional investors are selling Ellington Financial stock?

EFC stock was sold by a variety of institutional investors in the last quarter, including Ellington Management Group LLC, Chicago Equity Partners LLC, Prudential Financial Inc., Dynamic Technology Lab Private Ltd, California Public Employees Retirement System, Goldman Sachs Group Inc., Alphasimplex Group LLC and New York State Common Retirement Fund. View Insider Buying and Selling for Ellington Financial.

Which institutional investors are buying Ellington Financial stock?

EFC stock was acquired by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Acadian Asset Management LLC, Renaissance Technologies LLC, Connor Clark & Lunn Investment Management Ltd., State Street Corp, Alliancebernstein L.P., Knights of Columbus Asset Advisors LLC and Public Sector Pension Investment Board. Company insiders that have bought Ellington Financial stock in the last two years include Laurence Penn, Michael W Vranos and Ronald I Simon. View Insider Buying and Selling for Ellington Financial.

How do I buy shares of Ellington Financial?

Shares of EFC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Ellington Financial's stock price today?

One share of EFC stock can currently be purchased for approximately $19.06.

How big of a company is Ellington Financial?

Ellington Financial has a market capitalization of $837.50 million and generates $159.90 million in revenue each year. The financial services provider earns $57.93 million in net income (profit) each year or $1.82 on an earnings per share basis. View Additional Information About Ellington Financial.

What is Ellington Financial's official website?

The official website for Ellington Financial is http://www.ellingtonfinancial.com/.

How can I contact Ellington Financial?

Ellington Financial's mailing address is 53 Forest Ave, Old Greenwich CT, 06870. The financial services provider can be reached via phone at 203-698-1200 or via email at [email protected]


MarketBeat Community Rating for Ellington Financial (NYSE EFC)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  213 (Vote Outperform)
Underperform Votes:  255 (Vote Underperform)
Total Votes:  468
MarketBeat's community ratings are surveys of what our community members think about Ellington Financial and other stocks. Vote "Outperform" if you believe EFC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EFC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/20/2020 by MarketBeat.com Staff

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