NYSE:EFCEllington Financial Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $3.90 -0.20 (-4.88 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$3.68Now: $3.90▼$4.0650-Day Range$3.90MA: $12.90▼$19.0952-Week Range$3.24Now: $3.90▼$19.12Volume1.18 million shsAverage Volume955,389 shsMarket Capitalization$171.87 millionP/E Ratio2.18Dividend Yield43.90%Beta1.32 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. government agency or the U.S. government-sponsored entity; residential mortgage loans; commercial mortgage-backed securities; commercial mortgage loans and other commercial real estate debt; and residential mortgage loans. It also provides collateralized loan obligations; mortgage-related and non-mortgage-related derivatives; equity investments in mortgage-related entities; and other strategic investments, as well as invests in corporate debt and equity securities. In addition, it offers consumer loans and asset-backed securities backed by consumer and commercial assets. Ellington Financial LLC was founded in 2007 and is based in Old Greenwich, Connecticut.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingEllington Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.38, Ellington Financial has a potential upside of 396.8% from its current price of $3.90.Amount of Analyst CoverageEllington Financial has only been the subject of 3 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesEllington Financial has received 216 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEllington Financial has received 262 “underperform” votes. (Add your “underperform” vote.)Community SentimentEllington Financial has received 54.81% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipEllington Financial is a leading dividend payer. It pays a dividend yield of 43.90%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEllington Financial has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Ellington Financial is 98.90 %. 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 91.84 % in the coming year. This indicates that Ellington Financial may not be able to sustain their current dividend. Previous Next 1.0 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 12.10% of the stock of Ellington Financial is held by insiders.Percentage Held by Institutions54.52% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Ellington Financial are expected to grow by 4.81% in the coming year, from $1.87 to $1.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ellington Financial is 2.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Ellington Financial is 2.18, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 11.64.Price to Book Value per Share RatioEllington Financial has a P/B Ratio of 0.23. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.19 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate Sub-IndustryN/A SectorFinance Current SymbolNYSE:EFC Previous Symbol CUSIPN/A CIK1411342 Webhttp://www.ellingtonfinancial.com/ Phone203-698-1200Debt Debt-to-Equity Ratio4.32 Current Ratio48.04 Quick Ratio48.04Price-To-Earnings Trailing P/E Ratio2.18 Forward P/E Ratio2.09 P/E GrowthN/A Sales & Book Value Annual Sales$159.90 million Price / Sales1.07 Cash Flow$2.27 per share Price / Cash Flow1.72 Book Value$17.24 per share Price / Book0.23Profitability EPS (Most Recent Fiscal Year)$1.82 Net Income$59.24 million Net Margins36.23% Return on Equity9.14% Return on Assets1.71%Miscellaneous EmployeesN/A Outstanding Shares44,068,000Market Cap$171.87 million Next Earnings Date5/5/2020 (Estimated) OptionableOptionable Receive EFC News and Ratings via Email Sign-up to receive the latest news and ratings for EFC and its competitors with MarketBeat's FREE daily newsletter. EFC Rates by TradingView Ellington Financial (NYSE:EFC) Frequently Asked Questions How has Ellington Financial's stock been impacted by COVID-19 (Coronavirus)? Ellington Financial's stock was trading at $14.80 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, EFC stock has decreased by 73.6% and is now trading at $3.90. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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. When is Ellington Financial's next earnings date? Ellington Financial is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Ellington Financial. How were Ellington Financial's earnings last quarter? Ellington Financial Inc (NYSE:EFC) issued its quarterly earnings results on Wednesday, February, 12th. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.44. The financial services provider had revenue of $45.35 million for the quarter, compared to analyst estimates of $42.04 million. Ellington Financial had a return on equity of 9.14% and a net margin of 36.23%. View Ellington Financial's earnings history. How often does Ellington Financial pay dividends? What is the dividend yield for Ellington Financial? Ellington Financial declared a monthly dividend on Tuesday, March 10th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.15 per share on Monday, April 27th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 46.15%. The ex-dividend date of this dividend is Monday, March 30th. View Ellington Financial's dividend history. What price target have analysts set for EFC? 4 analysts have issued twelve-month target prices for Ellington Financial's shares. Their forecasts range from $18.00 to $20.00. On average, they expect Ellington Financial's share price to reach $19.38 in the next twelve months. This suggests a possible upside of 396.8% from the stock's current price. View analysts' price targets 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. " (3/17/2020) 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? Press coverage about EFC stock has been trending very negative on Friday, according to InfoTrie. InfoTrie rates the sentiment of press 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 negative five to five, with scores closest to five being the most favorable. Ellington Financial earned a news impact score of -3.3 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutEllington Financial. Who are some of Ellington Financial's key competitors? Some companies that are related to Ellington Financial include Five Point (FPH), Front Yard Residential (RESI), HomeFed (HOFD), Armada Hoffler Properties (AHH), Forestar Group (FOR), FRP (FRPH), Tejon Ranch (TRC), Consorcio Ara SAB de CV (CNRFF), Seritage Growth Properties (SRG), Leju (LEJU), Nam Tai Property (NTP), Retail Value (RVI), BBX Capital (BBX), Maui Land & Pineapple (MLP) and Cresud S.A.C.I.F. y A. (CRESY). 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 LP Unit (ET), AGNC Investment (AGNC), ANNALY CAP MGMT/SH (NLY), New Residential Investment (NRZ), NGL Energy Partners (NGL), AT&T (T), Enterprise Products Partners (EPD), Arlington Asset Investment (AI), Ares Capital (ARCC) and Invesco Mortgage Capital (IVR). Who are Ellington Financial's key executives? Ellington Financial's management team includes the following 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) What is Ellington Financial's stock symbol? Ellington Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "EFC." 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 $3.90. How big of a company is Ellington Financial? Ellington Financial has a market capitalization of $171.87 million and generates $159.90 million in revenue each year. The financial services provider earns $59.24 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, Greenwich CT, 06870. The financial services provider can be reached via phone at 203-698-1200 or via email at [email protected] This page was last updated on 4/3/2020 by MarketBeat.com StaffFeatured Article: What are CEFs?
