S&P 500   4,280.15
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QQQ   330.39
2 Important Retail Stock Battles to Watch
Sell every Stock except ONE (Ad)
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
The Financial Day of Reckoning Has Begun (Ad)
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Sell every Stock except ONE (Ad)
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
The Financial Day of Reckoning Has Begun (Ad)
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Sell every Stock except ONE (Ad)
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
The Financial Day of Reckoning Has Begun (Ad)
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Sell every Stock except ONE (Ad)
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
The Financial Day of Reckoning Has Begun (Ad)
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
The Financial Day of Reckoning Has Begun (Ad)
NYSE:EFC

Ellington Financial - EFC Stock Forecast, Price & News

$15.68
+0.06 (+0.38%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$15.64
$15.72
50-Day Range
$12.83
$16.20
52-Week Range
$12.74
$18.95
Volume
463,362 shs
Average Volume
591,012 shs
Market Capitalization
$941.58 million
P/E Ratio
N/A
Dividend Yield
11.52%
Price Target
$16.85

Ellington Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
7.5% Upside
$16.85 Price Target
Short Interest
Bearish
4.60% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.18mentions of Ellington Financial in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.56%
From $1.72 to $1.85 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.51 out of 5 stars

Finance Sector

865th out of 918 stocks

Real Estate Industry

22nd out of 22 stocks

EFC stock logo

About Ellington Financial (NYSE:EFC) Stock

Ellington Financial Inc., through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. The company acquires and manages residential mortgage-backed securities (RMBS) backed by prime jumbo, Alt-A, manufactured housing, and subprime residential mortgage loans; RMBS for which the principal and interest payments are guaranteed by the U.S. government agency or the U.S. government-sponsored entity; residential mortgage loans; commercial mortgage-backed securities; and commercial mortgage loans and other commercial real estate debt. It also provides collateralized loan obligations; mortgage-related and non-mortgage-related derivatives; corporate debt and equity securities; corporate loans; and other strategic investments. In addition, the company offers consumer loans and asset-backed securities backed by consumer and commercial assets. Ellington Financial LLC was incorporated in 2007 and is based in Old Greenwich, Connecticut.

Ellington Financial Price Performance

Shares of Ellington Financial stock traded up $0.06 on Friday, hitting $15.68. The company's stock had a trading volume of 463,362 shares, compared to its average volume of 591,012. The firm has a fifty day moving average price of $15.19 and a 200-day moving average price of $16.30. The company has a debt-to-equity ratio of 4.62, a current ratio of 25.88 and a quick ratio of 39.86. Ellington Financial has a 1 year low of $12.74 and a 1 year high of $18.95.

Ellington Financial Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, September 26th. Stockholders of record on Wednesday, August 31st will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, August 30th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 11.48%. Ellington Financial's dividend payout ratio (DPR) is -782.61%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. TheStreet downgraded Ellington Financial from a "b" rating to a "c" rating in a report on Friday, May 6th. Keefe, Bruyette & Woods lowered shares of Ellington Financial from an "outperform" rating to a "market perform" rating and set a $14.75 price target for the company. in a research report on Monday, July 18th. Piper Sandler cut their price objective on shares of Ellington Financial from $19.00 to $17.00 and set an "overweight" rating on the stock in a research report on Friday, June 24th. JMP Securities reduced their price objective on shares of Ellington Financial from $20.00 to $17.50 and set a "market outperform" rating for the company in a research note on Thursday, June 16th. Finally, StockNews.com downgraded Ellington Financial from a "hold" rating to a "sell" rating in a report on Friday, May 6th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $16.85.

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EFC Stock News Headlines

Ellington Financial (NYSE:EFC) Shares Gap Down to $15.36
EFC Ellington Financial Inc.
Ellington Financial Inc - Stock Ownership EFC
EFC_pa Historical Data
Ellington Financial Q1 2022 Earnings Preview
See More Headlines
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EFC Company Calendar

Last Earnings
11/08/2021
Ex-Dividend for 8/25 Dividend
7/28/2022
Today
8/13/2022
Dividend Payable
8/25/2022
Ex-Dividend for 9/26 Dividend
8/30/2022
Dividend Payable
9/26/2022
Next Earnings (Estimated)
11/14/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate
Sub-Industry
N/A
Sector
Finance
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$16.85
High Stock Price Forecast
$18.00
Low Stock Price Forecast
$14.75
Forecasted Upside/Downside
+7.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$135.25 million
Pretax Margin
-18.35%

Debt

Sales & Book Value

Annual Sales
$131.48 million
Cash Flow
$2.13 per share
Book Value
$16.77 per share

Miscellaneous

Free Float
56,203,000
Market Cap
$941.58 million
Optionable
Optionable
Beta
1.78

Key Executives

  • Mr. Laurence Eric Penn (Age 60)
    CEO, Pres & Director
  • Mr. J. R. Herlihy (Age 41)
    CFO & Treasurer
    Comp: $532.69k
  • Mr. Christopher M. Smernoff (Age 45)
    Chief Accounting Officer
    Comp: $383.44k
  • Mr. Mark Ira Tecotzky (Age 60)
    Co-Chief Investment Officer
  • Mr. Michael William Vranos (Age 60)
    Co-Chief Investment Officer
  • Mr. Daniel Reuven Margolis (Age 49)
    Gen. Counsel
  • Mr. Jason Frank
    Deputy Gen. Counsel & Sec.
  • Mr. Vincent Ambrico
    Controller













EFC Stock - Frequently Asked Questions

Should I buy or sell Ellington Financial stock right now?

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.

What is Ellington Financial's stock price forecast for 2022?

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.

How have EFC shares performed in 2022?

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.
View the best growth stocks for 2022 here
.

Are investors shorting Ellington Financial?

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
.

When is Ellington Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our EFC earnings forecast
.

How were Ellington Financial's earnings last quarter?

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.

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

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
.

Is Ellington Financial a good dividend stock?

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.

What other stocks do shareholders of Ellington Financial own?

What is Ellington Financial's stock symbol?

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

Who are Ellington Financial's major shareholders?

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%).
View institutional ownership trends
.

How do I buy shares of Ellington Financial?

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.
Compare Top Brokerages Here.

What is Ellington Financial's stock price today?

One share of EFC stock can currently be purchased for approximately $15.68.

How much money does Ellington Financial make?

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.

How can I contact Ellington Financial?

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.

This page (NYSE:EFC) was last updated on 8/13/2022 by MarketBeat.com Staff

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