Ellington Financial - EFC Stock Forecast, Price & News

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.

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.

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.
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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.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our EFC earnings forecast.

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.

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.

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).

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.

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 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.

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 $11.77.

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.

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.