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: $505.14 million
  • Outstanding Shares: 32,112,000
Average Prices:
  • 50 Day Moving Avg: $15.66
  • 200 Day Moving Avg: $16.18
  • 52 Week Range: $15.30 - $17.00
P/E:
  • Trailing P/E Ratio: 23.10
  • Foreward P/E Ratio: 10.35
  • P/E Growth: 0.86
Sales & Book Value:
  • Annual Revenue: $69.62 million
  • Price / Sales: 7.26
  • Book Value: $19.49 per share
  • Price / Book: 0.81
Dividend:
  • Annual Dividend: $1.80
  • Dividend Yield: 11.4%
Profitability:
  • Net Margins: 26.67%
  • Return on Equity: 5.48%
  • Return on Assets: 1.32%
Debt:
  • Debt-to-Equity Ratio: 1.90%
  • Current Ratio: 2.86%
  • Quick Ratio: 2.86%
Misc:
  • Average Volume: 94,054 shs.
  • Beta: 0.43
  • Short Ratio: 0.2
 

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, August 1st. Shareholders of record on Friday, September 1st will be given a dividend of $0.45 per share on Friday, September 15th. This represents a $1.80 dividend on an annualized basis and a yield of 11.44%. The ex-dividend date of this dividend is Wednesday, August 30th. View Ellington Financial LLC's Dividend History.

How were Ellington Financial LLC's earnings last quarter?

Ellington Financial LLC (NYSE:EFC) issued its earnings results on Thursday, August, 3rd. The company reported $0.27 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.33 by $0.06. The business earned $22.66 million during the quarter, compared to analysts' expectations of $21.82 million. Ellington Financial LLC had a net margin of 26.67% and a return on equity of 5.48%. The firm's revenue for the quarter was down 4.9% on a year-over-year basis. During the same period last year, the business posted $0.15 EPS. View Ellington Financial LLC's Earnings History.

When will Ellington Financial LLC make its next earnings announcement?

Ellington Financial LLC is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Ellington Financial LLC.

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

2 brokers have issued 1-year price objectives for Ellington Financial LLC's shares. Their forecasts range from $17.50 to $20.00. On average, they expect Ellington Financial LLC's stock price to reach $18.75 in the next year. 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. 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. " (10/9/2017)
  • 2. 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)

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

Who are Ellington Financial LLC's key executives?

Ellington Financial LLC's management team includes the folowing people:

  • Thomas F. Robards, Independent Chairman of the Board
  • Laurence E. Penn, President, Chief Executive Officer, Director
  • Lisa Mumford, Chief Financial Officer
  • Michael W. Vranos, Co-Chief Investment Officer, Director
  • Mark Tecotzky, Co-Chief Investment Officer
  • Daniel Margolis, General Counsel
  • Edward Resendez, Independent Director
  • Ronald I. Simon Ph.D., Independent Director

Who owns Ellington Financial LLC stock?

Ellington Financial LLC's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Mutual of America Capital Management LLC (1.34%) and Merriman Wealth Management LLC (1.02%). 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 Merriman Wealth Management LLC. 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 purchased by a variety of institutional investors in the last quarter, including Mutual of America Capital Management LLC. 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.

What is Ellington Financial LLC's stock price today?

One share of Ellington Financial LLC stock can currently be purchased for approximately $15.73.


MarketBeat Community Rating for Ellington Financial LLC (NYSE EFC)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  116 (Vote Outperform)
Underperform Votes:  120 (Vote Underperform)
Total Votes:  236
MarketBeat's community ratings are surveys of what our community members think about Ellington Financial LLC and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Ellington Financial LLC (NYSE:EFC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $18.75 (19.20% upside)
Consensus Price Target History for Ellington Financial LLC (NYSE:EFC)
Price Target History for Ellington Financial LLC (NYSE:EFC)
Analysts' Ratings History for Ellington Financial LLC (NYSE:EFC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/9/2017Maxim GroupReiterated RatingBuy$20.00N/AView Rating Details
5/8/2017FBR & CoReiterated RatingBuy$17.50LowView Rating Details
9/11/2016Credit Suisse GroupReiterated RatingBuy$20.00N/AView Rating Details
5/9/2016Deutsche Bank AGBoost Price TargetBuy$22.00 -> $22.50N/AView Rating Details
(Data available from 10/22/2015 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
11/1/2017$0.35N/AView Earnings Details
8/3/2017Q2 2017$0.33$0.27$21.82 million$22.66 millionViewListenView Earnings Details
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)
Most Recent Dividend:9/15/2017
Annual Dividend:$1.80
Dividend Yield:11.44%
Dividend Growth:-14.10% (3 Year Average)
Payout Ratio:257.15% (Trailing 12 Months of Earnings)
146.34% (Based on This Year's Estimates)
118.42% (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
8/1/2017quarterly$0.4511.1%8/30/20179/1/20179/15/2017
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: 10.60%
Institutional Ownership Percentage: 50.53%
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)
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Ellington Financial LLC (EFC) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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