NYSE:EFC Ellington Financial - EFC Stock Forecast, Price & News Adding Choose a watchlist: 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. $11.77 +0.18 (+1.55%) (As of 03/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$11.64▼$11.9350-Day Range$10.83▼$14.1452-Week Range$10.81▼$18.13Volume1.02 million shsAverage Volume906,893 shsMarket Capitalization$803.26 millionP/E RatioN/ADividend Yield15.29%Price Target$14.85 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Ellington Financial MarketRank™ ForecastAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside26.2% Upside$14.85 Price TargetShort InterestHealthy3.24% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.28Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth9.89%From $1.82 to $2.00 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.2.39 out of 5 starsFinance Sector460th out of 884 stocksReal Estate Industry8th out of 22 stocks 3.3 Analyst's Opinion Consensus RatingEllington Financial has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.85, Ellington Financial has a forecasted upside of 26.2% from its current price of $11.77.Amount of Analyst CoverageEllington Financial has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.24% 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 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ellington Financial has recently increased by 10.50%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipEllington Financial is a leading dividend payer. It pays a dividend yield of 16.17%, 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 90.00% 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 2.4 News and Social Media Coverage News SentimentEllington Financial has a news sentiment score of 0.28. 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 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Ellington Financial this week, compared to 2 articles on an average week.Search InterestOnly 52 people have searched for EFC on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.MarketBeat Follows21 people have added Ellington Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 110% 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 9.89% in the coming year, from $1.82 to $2.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ellington Financial is -8.23, 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 -8.23, 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 0.72. 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 HeadlinesMarch 24, 2023 | finance.yahoo.comDo Options Traders Know Something About Ellington (EFC) Stock We Don't?March 22, 2023 | americanbankingnews.comEllington Financial (NYSE:EFC) Upgraded to Hold at StockNews.comMarch 28, 2023 | Tradewins (Ad)Modern Day Options Trading For Beginners!These days it takes more than willpower to succeed on Wall Street and for new traders, even small mistakes can sink an account! With "Your Guide To Successful Options Trading" by expert Wendy Kirkland, you can avoid new trader pitfalls and learn to earn in this vicious market. March 21, 2023 | finance.yahoo.comEllington Financial Announces $50 Million Common Stock Repurchase ProgramMarch 9, 2023 | msn.comEllington Financial 6.250% Series B Preferred stock declares $0.3907 dividendMarch 9, 2023 | msn.comEllington Financial (EFC) Declares $0.15 DividendFebruary 26, 2023 | wsj.comEllington Financial Inc. Pfd. Redeem. Series CFebruary 26, 2023 | seekingalpha.comEllington Financial, Inc. (EFC) Q4 2022 Earnings Call TranscriptMarch 28, 2023 | Tradewins (Ad)Modern Day Options Trading For Beginners!These days it takes more than willpower to succeed on Wall Street and for new traders, even small mistakes can sink an account! With "Your Guide To Successful Options Trading" by expert Wendy Kirkland, you can avoid new trader pitfalls and learn to earn in this vicious market. February 23, 2023 | seekingalpha.comEFC.PC Ellington Financial Inc. 8.625% RT PFD CFebruary 23, 2023 | finance.yahoo.comEllington Financial Inc. Reports Fourth Quarter 2022 ResultsFebruary 23, 2023 | finance.yahoo.comEllington Financial Announces Estimated Book Value Per Common Share as of January 31, 2023February 22, 2023 | msn.comEllington Financial's Earnings OutlookFebruary 9, 2023 | finance.yahoo.comEllington Financial Announces Release Date of Fourth Quarter 2022 Earnings, Conference Call, and Investor PresentationFebruary 2, 2023 | finance.yahoo.comEllington Financial Inc. Announces Pricing of Public Offering of 8.625% Series C Fixed-Rate Reset Cumulative Redeemable Preferred StockFebruary 2, 2023 | finance.yahoo.comEllington Financial Inc. Announces Public Offering of Series C Preferred StockJanuary 31, 2023 | finance.yahoo.comEllington Financial Inc. Announces the Income Tax Treatment of its 2022 DistributionsJanuary 30, 2023 | finance.yahoo.comIs Deutsche Bank (DB) Outperforming Other Finance Stocks This Year?January 26, 2023 | finance.yahoo.comEllington Financial Announces Estimated Book Value Per Common Share as of December 31, 2022January 20, 2023 | seekingalpha.comEllington Financial: Fairly Valued, Shares Nearing A Breakout, Patience RequiredJanuary 13, 2023 | benzinga.comA Look Into Ellington Financial's DebtJanuary 9, 2023 | finance.yahoo.comWith 55% ownership, Ellington Financial Inc. (NYSE:EFC) boasts of strong institutional backingJanuary 3, 2023 | finance.yahoo.comEllington Financial Inc. Completes Non-QM Loan SecuritizationDecember 21, 2022 | finance.yahoo.comEllington Financial Inc. (EFC-PA)December 19, 2022 | finance.yahoo.comEllington Financial Announces Estimated Book Value Per Common Share as of November 30, 2022November 16, 2022 | finance.yahoo.comEllington Financial Announces Estimated Book Value Per Common Share as of October 31, 2022November 11, 2022 | finance.yahoo.comEllington Financial (NYSE:EFC) shareholder returns have been , earning 5.7% in 3 yearsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Last Earnings11/08/2021Ex-Dividend for 3/27 Dividend2/27/2023Today3/27/2023Dividend Payable3/27/2023Ex-Dividend for 4/25 Dividend3/30/2023Dividend Payable4/25/2023Next Earnings (Estimated)5/04/2023Fiscal 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$14.85 High Stock Price Forecast$15.50 Low Stock Price Forecast$14.00 Forecasted Upside/Downside+26.2%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($1.43) Trailing P/E RatioN/A Forward P/E Ratio6.47 P/E GrowthN/ANet Income$-71,130,000.00 Net Margins-49.88% Pretax Margin-8.85% Return on Equity10.72% Return on Assets1.34% Debt Debt-to-Equity Ratio12.49 Current Ratio41.89 Quick Ratio41.89 Sales & Book Value Annual Sales$43.15 million Price / Sales18.62 Cash Flow$2.42 per share Price / Cash Flow4.87 Book Value$16.44 per share Price / Book0.72Miscellaneous Outstanding Shares68,246,000Free Float63,878,000Market Cap$803.26 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 CompetitorsForestar GroupNYSE:FORHudson Pacific PropertiesNYSE:HPPINDUS Realty TrustNASDAQ:INDTOffice Properties Income TrustNASDAQ:OPIArmada Hoffler PropertiesNYSE:AHHView All CompetitorsInstitutional OwnershipVoya Investment Management LLCBought 69,070 shares on 2/28/2023Ownership: 0.386%Teachers Retirement System of The State of KentuckyBought 3,833 shares on 2/22/2023Ownership: 0.029%Truist Financial CorpBought 35,511 shares on 2/17/2023Ownership: 0.107%MAS Advisors LLCBought 1,350 shares on 2/15/2023Ownership: 0.079%State of Tennessee Treasury DepartmentBought 2,296 shares on 2/15/2023Ownership: 0.068%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 twelve months. There are currently 2 hold ratings and 3 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 1-year target prices for Ellington Financial's stock. Their EFC share price forecasts range from $14.00 to $15.50. On average, they predict the company's stock price to reach $14.85 in the next twelve months. This suggests a possible upside of 26.2% 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 decreased by 4.9% and is now trading at $11.77. View the best growth stocks for 2023 here. Are investors shorting Ellington Financial? Ellington Financial saw a increase in short interest in March. As of March 15th, there was short interest totaling 2,210,000 shares, an increase of 10.5% from the February 28th total of 2,000,000 shares. Based on an average daily trading volume, of 879,500 shares, the days-to-cover ratio is currently 2.5 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, May 4th 2023. View our EFC earnings forecast. How were Ellington Financial's earnings last quarter? Ellington Financial Inc. (NYSE:EFC) announced its quarterly earnings data on Monday, November, 8th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, hitting the consensus estimate 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 positive trailing twelve-month return on equity of 10.72% and a negative net margin of 49.88%. During the same quarter in the prior year, the company earned $0.41 EPS. How often does Ellington Financial pay dividends? What is the dividend yield for Ellington Financial? Ellington Financial declared a monthly dividend on Tuesday, March 7th. Shareholders of record on Friday, March 31st will be paid a dividend of $0.15 per share on Tuesday, April 25th. This represents a $1.80 dividend on an annualized basis and a yield of 15.29%. The ex-dividend date is Thursday, March 30th. 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), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), WisdomTree Alternative Income Fund (HYIN), VanEck Mortgage REIT Income ETF (MORT), iShares Mortgage Real Estate ETF (REM), Global X SuperDividend ETF (SDIV), RiverFront Dynamic US Dividend Advantage ETF (RFDA) and Invesco S&P SmallCap Financials ETF (PSCF). 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 16.17%. 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 number of retail and institutional investors. Top institutional investors include Ranger Global Real Estate Advisors LLC (3.77%), Deer Park Road Corp (0.00%), Mirae Asset Global Investments Co. Ltd. (2.19%), Geode Capital Management LLC (1.76%), Morgan Stanley (1.02%) and Charles Schwab Investment Management Inc. (0.72%). 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 $11.77. How much money does Ellington Financial make? Ellington Financial (NYSE:EFC) has a market capitalization of $803.26 million and generates $43.15 million in revenue each year. The financial services provider earns $-71,130,000.00 in net income (profit) each year or ($1.43) 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 3/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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