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

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$18.11 +0.06 (+0.33 %)
(As of 05/24/2019 03:32 PM ET)
Previous Close$18.11
Today's Range$18.11 - $18.20
52-Week Range$14.69 - $18.46
Volume2,302 shs
Average Volume153,145 shs
Market Capitalization$538.70 million
P/E Ratio12.89
Dividend Yield3.07%
Beta0.45
Ellington Financial LLC, through its subsidiary Ellington Financial Operating Partnership LLC, operates as a specialty finance company in the United States. The company acquires and manages mortgage-related assets, including 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; commercial mortgage loans and other commercial real estate debt; and residential mortgage loans. It also provides collateralized loan obligations; mortgage-related and non-mortgage-related derivatives; equity investments in mortgage-related entities; and other strategic investments, as well as invests in corporate debt and equity securities. In addition, it offers consumer loans and asset-backed securities backed by consumer and commercial assets. Ellington Financial LLC was founded in 2007 and is based in Old Greenwich, Connecticut.

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Industry, Sector and Symbol

Industry Real estate
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone203-698-1200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$135.04 million
Cash Flow$2.9495 per share
Book Value$19.92 per share

Profitability

Net Income$46.68 million

Miscellaneous

EmployeesN/A
Market Cap$538.70 million
Next Earnings Date8/5/2019 (Estimated)
OptionableOptionable

Ellington Financial (NYSE:EFC) Frequently Asked Questions

What is Ellington Financial's stock symbol?

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

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

Ellington Financial declared a monthly dividend on Tuesday, May 7th. Shareholders of record on Friday, May 31st will be given a dividend of $0.14 per share on Tuesday, June 25th. This represents a $1.68 dividend on an annualized basis and a yield of 9.28%. The ex-dividend date is Thursday, May 30th. View Ellington Financial's Dividend History.

How will Ellington Financial's stock buyback program work?

Ellington Financial declared that its board has approved a stock repurchase program on Thursday, February 15th 2018, which permits the company to repurchase 1,550,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's board believes its stock is undervalued.

How were Ellington Financial's earnings last quarter?

Ellington Financial Inc (NYSE:EFC) posted its quarterly earnings data on Tuesday, May, 7th. The financial services provider reported $0.45 earnings per share for the quarter, topping analysts' consensus estimates of $0.37 by $0.08. The financial services provider had revenue of $36.02 million for the quarter, compared to analyst estimates of $37.71 million. Ellington Financial had a net margin of 28.85% and a return on equity of 8.19%. View Ellington Financial's Earnings History.

When is Ellington Financial's next earnings date?

Ellington Financial is scheduled to release their next quarterly earnings announcement on Monday, August 5th 2019. View Earnings Estimates for Ellington Financial.

What price target have analysts set for EFC?

4 equities research analysts have issued 1 year target prices for Ellington Financial's stock. Their forecasts range from $18.00 to $19.50. On average, they expect Ellington Financial's share price to reach $18.6250 in the next year. This suggests a possible upside of 2.8% from the stock's current price. View Analyst Price Targets for Ellington Financial.

What is the consensus analysts' recommendation for Ellington Financial?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ellington Financial in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ellington Financial.

What are Wall Street analysts saying about Ellington Financial stock?

Here are some recent quotes from research analysts about Ellington Financial 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. " (5/21/2019)
  • 2. Maxim Group analysts commented, "1Q19 book value of $18.86 (versus $18.92 in 4Q18) implies 1Q19 EPS of $0.35 (assuming no share buybacks) versus our previous $0.37 estimate. Price target of $19.50 equates to 1.03x book value." (4/11/2019)

Has Ellington Financial been receiving favorable news coverage?

Headlines about EFC stock have been trending negative on Friday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ellington Financial earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near term.

Who are some of Ellington Financial's key competitors?

What other stocks do shareholders of Ellington Financial own?

Who are Ellington Financial's key executives?

Ellington Financial's management team includes the folowing people:
  • Mr. Laurence Eric Penn, CEO, Pres & Director (Age 57)
  • Mr. Michael William Vranos, Co-Chief Investment Officer (Age 57)
  • Mr. JR Herlihy B.A., Chief Financial Officer (Age 37)
  • Mr. Mark Ira Tecotzky, Co-Chief Investment Officer (Age 57)
  • Mr. Christopher M. Smernoff B.S., C.P.A., Chief Accounting Officer (Age 42)

Who are Ellington Financial's major shareholders?

Ellington Financial's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (5.97%), American Financial Group Inc. (5.29%), BBR Partners LLC (3.98%), Wellington Management Group LLP (3.47%), Almitas Capital LLC (3.15%) and Ranger Global Real Estate Advisors LLC (2.68%). Company insiders that own Ellington Financial stock include Laurence Penn, Michael W Vranos and Ronald I Simon. View Institutional Ownership Trends for Ellington Financial.

Which major investors are selling Ellington Financial stock?

EFC stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Citigroup Inc., BBR Partners LLC, American Financial Group Inc., Wellington Management Group LLP, Almitas Capital LLC, Edge Wealth Management LLC and FMR LLC. View Insider Buying and Selling for Ellington Financial.

Which major investors are buying Ellington Financial stock?

EFC stock was acquired by a variety of institutional investors in the last quarter, including ClariVest Asset Management LLC, Claybrook Capital LLC, Ranger Global Real Estate Advisors LLC, Marshall Wace LLP, Nordea Investment Management AB, Acadian Asset Management LLC, Hotchkis & Wiley Capital Management LLC and Hotchkis & Wiley Capital Management 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.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Ellington Financial's stock price today?

One share of EFC stock can currently be purchased for approximately $18.11.

How big of a company is Ellington Financial?

Ellington Financial has a market capitalization of $538.70 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.

What is Ellington Financial's official website?

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

How can I contact Ellington Financial?

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]


MarketBeat Community Rating for Ellington Financial (NYSE EFC)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  189 (Vote Outperform)
Underperform Votes:  234 (Vote Underperform)
Total Votes:  423
MarketBeat's community ratings are surveys of what our community members think about Ellington Financial and other stocks. Vote "Outperform" if you believe EFC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EFC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/24/2019 by MarketBeat.com Staff

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