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 equities research analysts have issued 1 year price targets for Ellington Financial's stock. Their EFC share price forecasts range from $14.75 to $18.00. On average, they anticipate the company's share price to reach $16.85 in the next year. This suggests a possible upside of 7.5% 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 on January 1st, 2022. Since then, EFC shares have decreased by 8.3% and is now trading at $15.68.
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Ellington Financial saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 2,760,000 shares, an increase of 24.3% from the July 15th total of 2,220,000 shares. Based on an average daily trading volume, of 692,300 shares, the days-to-cover ratio is currently 4.0 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 (EPS) for the quarter, hitting analysts' consensus estimates of $0.46. The financial services provider had revenue of $29.54 million for the quarter, compared to the consensus estimate 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 earned $0.41 EPS.

Ellington Financial declared a monthly dividend on Thursday, August 4th. Shareholders of record on Wednesday, August 31st will be paid a dividend of $0.15 per share on Monday, September 26th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 11.48%. The ex-dividend date of this dividend is Tuesday, August 30th.
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 11.52%. 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 investors include JPMorgan Chase & Co. (1.24%), Northern Trust Corp (0.95%), Mutual of America Capital Management LLC (0.72%), Principal Financial Group Inc. (0.58%), Bridgecreek Investment Management LLC (0.50%) and Van ECK Associates Corp (0.48%).
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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 $15.68.

Ellington Financial (NYSE:EFC) has a market capitalization of $941.52 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.