Ellington Financial LLC Company Profile (NYSE:EFC)

About Ellington Financial LLC (NYSE:EFC)

Ellington Financial LLC logoEllington Financial LLC is a specialty finance company that acquires and manages mortgage-related and other financial assets. The Company's targeted assets include residential mortgage-backed securities (RMBS), backed by loans for which the principal and interest payments are not guaranteed by a United States Government agency or a United States Government-sponsored entity, collectively referred to as non-Agency RMBS; RMBS for which the principal and interest payments are guaranteed by the United States government agency or the United States government-sponsored entity (Agency RMBS); consumer loans and asset-backed securities (ABS) backed by consumer loans; commercial mortgage-backed securities (CMBS) commercial mortgage loans and other commercial real estate debt; residential mortgage loans; collateralized loan obligations (CLOs); corporate debt and equity, including distressed debt and equity, and mortgage-related derivatives.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $544.94 million
  • Outstanding Shares: 32,112,000
Average Prices:
  • 50 Day Moving Avg: $16.57
  • 200 Day Moving Avg: $16.08
  • 52 Week Range: $15.30 - $18.04
P/E:
  • Trailing P/E Ratio: 24.92
  • Foreward P/E Ratio: 10.61
  • P/E Growth: 0.62
Sales & Book Value:
  • Annual Revenue: $68.32 million
  • Price / Sales: 7.98
  • Book Value: $19.78 per share
  • Price / Book: 0.86
Dividend:
  • Annual Dividend: $1.80
  • Dividend Yield: 10.6%
Profitability:
  • Net Margins: -19.04%
  • Return on Equity: 5.78%
  • Return on Assets: 1.42%
Debt:
  • Debt-to-Equity Ratio: 1.53%
  • Current Ratio: 3.45%
  • Quick Ratio: 3.45%
Misc:
  • Average Volume: 69,543 shs.
  • Beta: 0.29
  • Short Ratio: 0.27
 

Frequently Asked Questions for Ellington Financial LLC (NYSE:EFC)

What is Ellington Financial LLC's stock symbol?

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

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

Ellington Financial LLC declared a quarterly dividend on Tuesday, May 2nd. Stockholders of record on Thursday, June 1st will be given a dividend of $0.45 per share on Thursday, June 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 10.61%. The ex-dividend date is Tuesday, May 30th. View Ellington Financial LLC's Dividend History.

How were Ellington Financial LLC's earnings last quarter?

Ellington Financial LLC (NYSE:EFC) posted its quarterly earnings data on Thursday, November, 3rd. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.25 by $0.23. The firm earned $17.47 million during the quarter, compared to analysts' expectations of $25.46 million. Ellington Financial LLC had a positive return on equity of 5.78% and a negative net margin of 19.04%. During the same quarter last year, the business posted $0.12 EPS. View Ellington Financial LLC's Earnings History.

Where is Ellington Financial LLC's stock going? Where will Ellington Financial LLC's stock price be in 2017?

3 brokers have issued twelve-month target prices for Ellington Financial LLC's shares. Their forecasts range from $17.50 to $20.00. On average, they anticipate Ellington Financial LLC's stock price to reach $19.17 in the next twelve months. View Analyst Ratings for Ellington Financial LLC.

What are analysts saying about Ellington Financial LLC stock?

Here are some recent quotes from research analysts about Ellington Financial LLC stock:

  • 1. FBR & Co analysts commented, "Ellington Financial reported 1Q17 EPS of $0.46, beating the Street and FBR estimates of $0.36 and $0.29, respectively, and covering the $0.45 dividend. We estimate core EPS, which excludes realized and unrealized gains on investments, FX, and derivatives, came in at $0.36, in line with consensus but below the dividend. Overall, this was a strong quarter as the company achieved a strong economic return of 10.4% annualized while continuing to redeploy capital from legacy non-agency RMBS into higher-yielding credit investments and securing new sources of financing. Given the larger portfolio and just over two-thirds of capital allocated to credit strategies that generate mid-teens ROEs, we believe core earnings power is poised to increase going forward, which should bode well for shares and support a stronger valuation. As such, we reiterate our Outperform rating and $17.50 price target, which represents a 10% discount to tangible book value and a total potential return of 17% when including the dividend." (5/8/2017)
  • 2. 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. " (4/26/2017)

Who are some of Ellington Financial LLC's key competitors?

Who owns Ellington Financial LLC stock?

Ellington Financial LLC's stock is owned by many different of retail and institutional investors. Top institutional investors include Wellington Management Group LLP (14.06%), State Treasurer State of Michigan (4.79%), Omega Advisors Inc. (3.94%), FMR LLC (3.81%), American Financial Group Inc. (3.26%) and BBR Partners LLC (2.75%). View Institutional Ownership Trends for Ellington Financial LLC.

Who sold Ellington Financial LLC stock? Who is selling Ellington Financial LLC stock?

Ellington Financial LLC's stock was sold by a variety of institutional investors in the last quarter, including Greenwich Investment Management Inc., Renaissance Technologies LLC, Acadian Asset Management LLC, KCG Holdings Inc., UBS Group AG and Bank of America Corp DE. View Insider Buying and Selling for Ellington Financial LLC.

Who bought Ellington Financial LLC stock? Who is buying Ellington Financial LLC stock?

Ellington Financial LLC's stock was acquired by a variety of institutional investors in the last quarter, including Ranger Global Real Estate Advisors LLC, Global X Management Co. LLC, Tahithromos L.L.C., Morgan Stanley, Wellington Management Group LLP, Omega Advisors Inc., Hancock Holding Co. and Global Endowment Management LP. View Insider Buying and Selling for Ellington Financial LLC.

How do I buy Ellington Financial LLC stock?

Shares of Ellington Financial LLC can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Ellington Financial LLC stock cost?

One share of Ellington Financial LLC stock can currently be purchased for approximately $16.97.

Analyst Ratings

Consensus Ratings for Ellington Financial LLC (NYSE:EFC) (?)
Ratings Breakdown: 3 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $19.17 (12.94% upside)

Analysts' Ratings History for Ellington Financial LLC (NYSE:EFC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/8/2017FBR & CoReiterated RatingBuy$17.50LowView Rating Details
10/11/2016Maxim GroupLower Price TargetBuy$20.50 -> $20.00N/AView Rating Details
9/11/2016Credit Suisse Group AGReiterated RatingBuy$20.00N/AView Rating Details
5/9/2016Deutsche Bank AGBoost Price TargetBuy$22.00 -> $22.50N/AView Rating Details
8/12/2015Keefe, Bruyette & WoodsLower Price TargetMarket Perform$22.00 -> $20.50N/AView Rating Details
6/16/2015MLV & Co.UpgradeHold -> Buy$21.75 -> $21.00N/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for Ellington Financial LLC (NYSE:EFC)
Earnings by Quarter for Ellington Financial LLC (NYSE:EFC)
Earnings History by Quarter for Ellington Financial LLC (NYSE:EFC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/3/2016Q316$0.25$0.02$25.46 million$17.47 millionViewListenView Earnings Details
8/4/2016Q216$0.44$0.15$25.02 million$20.01 millionViewListenView Earnings Details
5/5/2016Q116$0.48($0.69)$24.27 million$22.10 millionViewListenView Earnings Details
11/5/2015Q315$0.57$0.51$23.40 million$27.01 millionViewListenView Earnings Details
8/6/2015Q215$0.55$0.39$23.95 million$26.76 millionViewListenView Earnings Details
5/6/2015Q115$0.62$0.52$21.80 million$26.81 millionViewListenView Earnings Details
2/11/2015Q414$0.69$0.56$22.20 million$28.84 millionViewListenView Earnings Details
11/5/2014Q413$0.74$0.45$22.50 million$22.52 millionViewListenView Earnings Details
8/6/2014Q413$0.73$0.81$20.65 million$21.00 millionViewListenView Earnings Details
5/7/2014Q1$0.72$0.55$23.24 million$21.50 millionViewListenView Earnings Details
11/6/2013Q313$0.72$0.45$20.58 millionViewListenView Earnings Details
8/5/2013Q2 2013$0.71$0.49$18.71 millionViewListenView Earnings Details
5/6/2013Q1 2013$1.04$0.94$15.48 millionViewListenView Earnings Details
11/7/2012Q312$0.96$1.59$15.19 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ellington Financial LLC (NYSE:EFC)
2017 EPS Consensus Estimate: $1.56
2018 EPS Consensus Estimate: $1.56
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.49$0.49$0.49
Q2 20171$0.32$0.32$0.32
Q3 20171$0.36$0.36$0.36
Q4 20171$0.39$0.39$0.39
Q1 20181$0.36$0.36$0.36
Q2 20181$0.38$0.38$0.38
Q3 20181$0.40$0.40$0.40
Q4 20181$0.42$0.42$0.42
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Ellington Financial LLC (NYSE:EFC)
Next Dividend:6/15/2017
Annual Dividend:$1.80
Dividend Yield:10.61%
Dividend Growth:-14.10% (3 Year Average)
Payout Ratio:-382.98% (Trailing 12 Months of Earnings)
112.50% (Based on This Year's Estimates)
112.50% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Ellington Financial LLC (NYSE:EFC)

Dividend History by Quarter for Ellington Financial LLC (NYSE:EFC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/2/2017quarterly$0.4510.85%5/30/20176/1/20176/15/2017
2/9/2017quarterly$0.4511.16%2/27/20173/1/20173/15/2017
11/1/2016quarterly$0.4511.51%11/29/201612/1/201612/15/2016
8/2/2016quarterly$0.5011.6%8/30/20169/1/20169/15/2016
5/3/2016quarterly$0.5011.83%5/27/20166/1/20166/15/2016
2/10/2016quarterly$0.5012.36%2/26/20163/1/20163/15/2016
11/9/2015quarterly$0.5011.27%11/27/201512/1/201512/15/2015
8/4/2015quarterly$0.6514.24%8/28/20159/1/20159/15/2015
5/5/2015quarterly$0.6512.97%5/28/20156/1/20156/15/2015
2/12/2015quarterly$0.6512.52%2/25/20152/27/20153/16/2015
11/5/2014quarterly$0.7713.75%11/26/201412/1/201412/15/2014
8/5/2014quarterly$0.7712.86%8/27/20148/29/20149/15/2014
5/6/2014quarterly$0.7712.63%5/28/20145/30/20146/16/2014
2/11/2014quarterly$0.7712.66%2/26/20142/28/20143/17/2014
11/5/2013quarterly$0.7713.42%11/26/201311/29/201312/16/2013
8/1/2013quarterly$0.7713.69%8/28/20138/30/20139/16/2013
5/2/2013quarterly$0.7711.89%5/29/20135/31/20136/17/2013
2/13/2013special$0.7511.99%2/27/20133/1/20133/15/2013
2/13/2013quarterly$0.7711.99%2/27/20133/1/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Ellington Financial LLC (NYSE:EFC)
Insider Ownership Percentage: 11.50%
Institutional Ownership Percentage: 46.88%
Insider Trades by Quarter for Ellington Financial LLC (NYSE:EFC)
Institutional Ownership by Quarter for Ellington Financial LLC (NYSE:EFC)
Insider Trades by Quarter for Ellington Financial LLC (NYSE:EFC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/14/2013Michael Vranosmajor shareholderBuy500,000$23.28$11,640,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Ellington Financial LLC (NYSE:EFC)
Latest Headlines for Ellington Financial LLC (NYSE:EFC)
Source:
DateHeadline
finance.yahoo.com logoEllington Financial LLC to Attend Upcoming Investor Conferences
finance.yahoo.com - May 26 at 5:32 PM
finance.yahoo.com logoEllington Financial LLC :EFC-US: Earnings Analysis: Q1, 2017 By the Numbers : May 18, 2017
finance.yahoo.com - May 18 at 4:58 PM
americanbankingnews.com logoFBR & Co Brokers Lower Earnings Estimates for Ellington Financial LLC (EFC)
www.americanbankingnews.com - May 10 at 8:30 AM
americanbankingnews.com logoFY2017 EPS Estimates for Ellington Financial LLC Lifted by Analyst (EFC)
www.americanbankingnews.com - May 9 at 8:06 AM
americanbankingnews.com logoEllington Financial's (EFC) Buy Rating Reaffirmed at FBR & Co
www.americanbankingnews.com - May 8 at 9:36 PM
finance.yahoo.com logoEdited Transcript of EFC earnings conference call or presentation 5-May-17 3:00pm GMT
finance.yahoo.com - May 7 at 10:31 AM
finance.yahoo.com logoEllington Financial LLC Reports Estimated Book Value Per Share as of April 30, 2017
finance.yahoo.com - May 5 at 10:08 PM
americanbankingnews.com logoEllington Financial (EFC) Getting Somewhat Positive Media Coverage, Study Finds
www.americanbankingnews.com - May 4 at 7:59 PM
finance.yahoo.com logoEllington Financial LLC Reports First Quarter 2017 Results
finance.yahoo.com - May 4 at 5:01 PM
americanbankingnews.com logoEllington Financial LLC (EFC) Set to Announce Quarterly Earnings on Friday
www.americanbankingnews.com - May 3 at 8:10 AM
americanbankingnews.com logoEllington Financial LLC (EFC) Announces Quarterly Dividend of $0.45
www.americanbankingnews.com - May 2 at 8:02 PM
finance.yahoo.com logoEllington Financial LLC Announces First Quarter Dividend of $0.45 Per Share
finance.yahoo.com - May 2 at 7:15 PM
americanbankingnews.com logoFavorable Media Coverage Somewhat Likely to Impact Ellington Financial (EFC) Share Price
www.americanbankingnews.com - April 27 at 10:56 PM
finance.yahoo.com logoEllington Financial LLC Announces Release Date of First Quarter 2017 Earnings, Conference Call, and Investor Presentation
finance.yahoo.com - April 27 at 5:28 PM
americanbankingnews.com logoZacks Investment Research Lowers Ellington Financial LLC (EFC) to Hold
www.americanbankingnews.com - April 26 at 8:26 PM
americanbankingnews.com logoEllington Financial (EFC) Given News Sentiment Score of 0.57
www.americanbankingnews.com - April 21 at 8:47 AM
americanbankingnews.com logoEllington Financial LLC (EFC) Upgraded to Strong-Buy by Zacks Investment Research
www.americanbankingnews.com - April 18 at 11:53 PM
finance.yahoo.com logoEllington Financial LLC breached its 50 day moving average in a Bullish Manner : EFC-US : April 12, 2017
finance.yahoo.com - April 12 at 10:12 AM
finance.yahoo.com logoEllington Financial LLC Reports Estimated Book Value Per Share as of March 31, 2017
finance.yahoo.com - April 7 at 9:53 PM
businesswire.com logoEllington Financial LLC 2016 K-1 Tax Package Now Available - Business Wire (press release)
www.businesswire.com - March 25 at 9:51 PM
finance.yahoo.com logoEllington Financial LLC 2016 K-1 Tax Package Now Available
finance.yahoo.com - March 24 at 5:10 PM
finance.yahoo.com logoELLINGTON FINANCIAL LLC Financials
finance.yahoo.com - March 22 at 5:04 PM
biz.yahoo.com logoELLINGTON FINANCIAL LLC Files SEC form 10-K, Annual Report
biz.yahoo.com - March 16 at 6:17 PM
finance.yahoo.com logo3:12 am Ellington Financial reports estimated book value per common share as of February 28, 2017 was $19.64
finance.yahoo.com - March 8 at 5:43 PM
biz.yahoo.com logoELLINGTON FINANCIAL LLC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - March 8 at 5:43 PM
finance.yahoo.com logoEllington Financial LLC Reports Estimated Book Value Per Share as of February 28, 2017
finance.yahoo.com - March 7 at 9:51 PM
biz.yahoo.com logoELLINGTON FINANCIAL LLC Files SEC form 8-K, Regulation FD Disclosure
biz.yahoo.com - March 1 at 12:47 PM
thestreet.com logoCash Dividend On The Way From Ellington Financial
www.thestreet.com - February 23 at 4:54 PM
businesswire.com logoEllington Financial LLC Announces Annual Shareholders Meeting and Record Date - Business Wire (press release)
www.businesswire.com - February 17 at 6:08 PM
finance.yahoo.com logoEllington Financial LLC Announces Annual Shareholders Meeting and Record Date
finance.yahoo.com - February 16 at 9:08 PM
seekingalpha.com logoEllington Financial's (EFC) CEO Larry Penn on Q4 2016 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - February 15 at 3:54 AM
finance.yahoo.com logoEdited Transcript of EFC earnings conference call or presentation 14-Feb-17 4:00pm GMT
finance.yahoo.com - February 15 at 3:54 AM
biz.yahoo.com logoELLINGTON FINANCIAL LLC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and E
biz.yahoo.com - February 14 at 5:51 PM
businesswire.com logoEllington Financial LLC Reports Fourth Quarter 2016 Results - Business Wire (press release)
www.businesswire.com - February 14 at 3:43 AM
finance.yahoo.com logoEllington Financial LLC Reports Fourth Quarter 2016 Results
finance.yahoo.com - February 13 at 10:42 PM
biz.yahoo.com logoQ4 2016 Ellington Financial LLC Earnings Release - After Market Close
biz.yahoo.com - February 13 at 7:43 AM
biz.yahoo.com logoELLINGTON FINANCIAL LLC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - February 9 at 5:30 PM
businesswire.com logoEllington Financial LLC Announces Fourth Quarter Dividend of $0.45 Per Share - Business Wire (press release)
www.businesswire.com - February 9 at 3:28 AM
finance.yahoo.com logoEllington Financial LLC Announces Fourth Quarter Dividend of $0.45 Per Share
finance.yahoo.com - February 8 at 10:26 PM
businesswire.com logoEllington Financial LLC Announces Release Date of Fourth Quarter 2016 Earnings, Conference Call, and Investor ... - Business Wire (press release)
www.businesswire.com - February 7 at 6:05 PM
businesswire.com logoEllington Financial LLC Reports Estimated Book Value Per Share as of January 31, 2017 - Business Wire (press release)
www.businesswire.com - February 7 at 6:05 PM
finance.yahoo.com logoEllington Financial LLC Announces Release Date of Fourth Quarter 2016 Earnings, Conference Call, and Investor Presentation
finance.yahoo.com - February 7 at 6:05 PM
finance.yahoo.com logoEllington Financial LLC Reports Estimated Book Value Per Share as of January 31, 2017
finance.yahoo.com - February 7 at 6:05 PM
finance.yahoo.com logoEllington Financial LLC Reports Estimated Book Value Per Share As Of December 31, 2016 - Yahoo Finance
finance.yahoo.com - January 10 at 10:49 PM
us.rd.yahoo.com logoEllington Financial LLC Reports Estimated Book Value Per Share As Of December 31, 2016
us.rd.yahoo.com - January 9 at 10:44 PM
us.rd.yahoo.com logo6:29 pm Ellington Financial reports estimated book value per common share at Dec-end was $19.77 or $19.49 on diluted basis (Nov-end book value was $19.80/share, $19.53 on a diluted basis)
us.rd.yahoo.com - January 9 at 10:44 PM

Social

Chart

Ellington Financial LLC (EFC) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff