NYSE:EFC - Ellington Financial Stock Price, Forecast & News

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

Ellington Financial declared a monthly dividend on Thursday, January 9th. Shareholders of record on Friday, January 31st will be given a dividend of $0.15 per share on Tuesday, February 25th. This represents a $1.80 annualized dividend and a dividend yield of 9.83%. The ex-dividend date is Thursday, January 30th. This is a boost from Ellington Financial's previous monthly dividend of $0.14. View Ellington Financial's Dividend History.

Ellington Financial announced that its board has initiated a share repurchase program on Thursday, February 15th 2018, which permits the company to buyback 1,550,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its shares are undervalued.

Ellington Financial Inc (NYSE:EFC) announced its quarterly earnings results on Wednesday, November, 6th. The financial services provider reported $0.47 EPS for the quarter, topping analysts' consensus estimates of $0.43 by $0.04. The financial services provider earned $39.99 million during the quarter, compared to the consensus estimate of $39.03 million. Ellington Financial had a net margin of 28.49% and a return on equity of 9.00%. View Ellington Financial's Earnings History.

Ellington Financial is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Ellington Financial.

4 brokers have issued 1-year target prices for Ellington Financial's shares. Their forecasts range from $19.50 to $20.00. On average, they anticipate Ellington Financial's share price to reach $19.88 in the next twelve months. This suggests a possible upside of 8.5% from the stock's current price. View Analyst Price Targets for 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.

Media headlines about EFC stock have been trending somewhat positive recently, InfoTrie reports. InfoTrie identifies negative and positive media coverage by analyzing 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 positive five, with scores nearest to five being the most favorable. Ellington Financial earned a news sentiment score of 1.3 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Ellington Financial.

Some companies that are related to Ellington Financial include Urban Edge Properties (UE), Gazit Globe (GZTGF), Shanghai Industrial (SGHIY), Office Properties Income Trust (OPI), Seritage Growth Properties (SRG), Getty Realty (GTY), Five Point (FPH), Forestar Group (FOR), Armada Hoffler Properties (AHH), Innovative Industrial Properties (IIPR), Retail Value (RVI), Front Yard Residential (RESI), HomeFed (HOFD), FRP (FRPH) and Tejon Ranch (TRC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ellington Financial investors own include Energy Transfer LP Unit (ET), AT&T (T), AGNC Investment (AGNC), Ares Capital (ARCC), ANNALY CAP MGMT/SH (NLY), Arlington Asset Investment (AI), New Residential Investment (NRZ), Navios Maritime Midstream Partners (NAP), Enterprise Products Partners (EPD) and NGL Energy Partners (NGL).

Ellington Financial's stock is owned by many different of institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (0.42%), Nisa Investment Advisors LLC (0.10%) and Zurcher Kantonalbank Zurich Cantonalbank (0.01%). Company insiders that own Ellington Financial stock include Laurence Penn, Michael W Vranos and Ronald I Simon. View Institutional Ownership Trends for Ellington Financial.

EFC stock was bought by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Zurcher Kantonalbank Zurich Cantonalbank and Nisa Investment Advisors LLC. Company insiders that have bought Ellington Financial stock in the last two years include Laurence Penn, Michael W Vranos and Ronald I Simon. View Insider Buying and Selling for 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.

One share of EFC stock can currently be purchased for approximately $18.32.

Ellington Financial has a market capitalization of $708.03 million and generates $135.04 million in revenue each year. The financial services provider earns $46.68 million in net income (profit) each year or $1.41 on an earnings per share basis. View Additional Information About Ellington Financial.

The official website for Ellington Financial is http://www.ellingtonfinancial.com/.

Ellington Financial's mailing address is 53 Forest Ave, Old Greenwich CT, 06870. The financial services provider can be reached via phone at 203-698-1200 or via email at [email protected]