Ellington Financial (EFC) Stock Forecast, Price & News

Ellington Financial (NYSE:EFC) Frequently Asked Questions

Is Ellington Financial a buy right now?

4 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 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Ellington Financial stock.
View analyst ratings for Ellington Financial or view top-rated stocks.

Are investors shorting Ellington Financial?

Ellington Financial saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 2,140,000 shares, an increase of 28.1% from the April 15th total of 1,670,000 shares. Based on an average daily volume of 815,400 shares, the short-interest ratio is presently 2.6 days.
View Ellington Financial's Short Interest.

When is Ellington Financial's next earnings date?

Ellington Financial is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Ellington Financial.

How were Ellington Financial's earnings last quarter?

Ellington Financial Inc. (NYSE:EFC) announced its quarterly earnings data on Thursday, May, 5th. The financial services provider reported ($0.17) EPS for the quarter, missing analysts' consensus estimates of $0.44 by $0.61. Ellington Financial had a trailing twelve-month return on equity of 9.86% and a net margin of 63.71%. During the same period in the previous year, the company posted $0.43 EPS.
View Ellington Financial's earnings history.

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

Ellington Financial announced a monthly dividend on Monday, May 2nd. Stockholders of record on Tuesday, May 31st will be given a dividend of $0.15 per share on Monday, June 27th. This represents a $1.80 dividend on an annualized basis and a yield of 11.76%. The ex-dividend date of this dividend is Friday, May 27th.
View Ellington Financial's dividend history.

Is Ellington Financial a good dividend stock?

Ellington Financial pays an annual dividend of $1.80 per share and currently has a dividend yield of 11.94%. EFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Ellington Financial does not yet have a strong track record of dividend growth. The dividend payout ratio of Ellington Financial is 112.50%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Ellington Financial will have a dividend payout ratio of 95.74% in the coming year. This indicates that Ellington Financial may not be able to sustain their current dividend.
View Ellington Financial's dividend history.

What price target have analysts set for EFC?

4 Wall Street analysts have issued 1-year price objectives for Ellington Financial's shares. Their forecasts range from $18.00 to $20.00. On average, they anticipate Ellington Financial's stock price to reach $19.00 in the next year. This suggests a possible upside of 24.2% from the stock's current price.
View analysts' price targets for Ellington Financial or view top-rated stocks among Wall Street analysts.

Who are Ellington Financial's key executives?

Ellington Financial's management team includes the following people:

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

Who are some of Ellington Financial's key competitors?

Some companies that are related to Ellington Financial include Hudson Pacific Properties (HPP), Kennedy-Wilson (KW), Claros Mortgage Trust (CMTG), Urban Edge Properties (UE), New World Development (NDVLY), Shanghai Industrial (SGHIY), Getty Realty (GTY), Armada Hoffler Properties (AHH), Office Properties Income Trust (OPI), Forestar Group (FOR), Five Point (FPH), INDUS Realty Trust (INDT), HomeFed (HOFD), Bluegreen Vacations (BVH) and FRP (FRPH).
View all of EFC's competitors.

What other stocks do shareholders of Ellington Financial own?

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).

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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (17.14%), Vanguard Group Inc. (6.02%), Invesco Ltd. (3.65%), Ranger Global Real Estate Advisors LLC (3.53%), State Street Corp (3.48%) and Mirae Asset Global Investments Co. Ltd. (2.18%).
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 Ranger Global Real Estate Advisors LLC, BlackRock Inc., JPMorgan Chase & Co., Invesco Ltd., Goldman Sachs Group Inc., Prudential Financial Inc., Van ECK Associates Corp, and Citigroup Inc..
View insider buying and selling activity for Ellington Financial or view top insider-selling stocks.

Which major investors are buying Ellington Financial stock?

EFC stock was purchased by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd., Renaissance Technologies LLC, First Trust Advisors LP, State Street Corp, Bridgecreek Investment Management LLC, Vanguard Group Inc., Moloney Securities Asset Management LLC, and MAS Advisors LLC.
View insider buying and selling activity for Ellington Financial or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Ellington Financial's stock price today?

One share of EFC stock can currently be purchased for approximately $15.30.

How much money does Ellington Financial make?

Ellington Financial has a market capitalization of $918.77 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 $1.60 on an earnings per share basis.

What is Ellington Financial's official website?

The official website for Ellington Financial is www.ellingtonfinancial.com.

How can I contact Ellington Financial?

Ellington Financial's mailing address is 53 Forest Ave, Greenwich CT, 06870. The financial services provider can be reached via phone at (203) 698-1200, via email at [email protected], or via fax at 203-698-0869.