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Ellington Financial Stock Price, News & Analysis (NYSE:EFC)

$18.38
+0.04 (+0.22 %)
(As of 10/23/2019 03:44 AM ET)
Today's Range
$18.35
Now: $18.38
$18.43
50-Day Range
$17.31
MA: $17.93
$18.40
52-Week Range
$14.69
Now: $18.38
$18.50
Volume133,359 shs
Average Volume229,383 shs
Market Capitalization$620.71 million
P/E Ratio13.04
Dividend Yield9.16%
Beta0.39
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. Read More…

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$2.98 per share
Book Value$19.83 per share

Profitability

Net Income$46.68 million

Miscellaneous

EmployeesN/A
Market Cap$620.71 million
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable

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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 announced a monthly dividend on Monday, October 7th. Shareholders of record on Thursday, October 31st will be paid a dividend of $0.14 per share on Monday, November 25th. This represents a $1.68 annualized dividend and a yield of 9.14%. The ex-dividend date is Wednesday, October 30th. View Ellington Financial's Dividend History.

How will Ellington Financial's stock buyback program work?

Ellington Financial declared that its board has authorized a share repurchase program on Thursday, February 15th 2018, which allows the company to repurchase 1,550,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.

How were Ellington Financial's earnings last quarter?

Ellington Financial Inc (NYSE:EFC) announced its earnings results on Monday, August, 5th. The financial services provider reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.42 by $0.04. The financial services provider earned $38.55 million during the quarter, compared to analysts' expectations of $37.46 million. Ellington Financial had a return on equity of 8.70% and a net margin of 21.99%. 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 Wednesday, November 6th 2019. View Earnings Estimates for Ellington Financial.

What price target have analysts set for EFC?

3 equities research analysts have issued twelve-month price objectives for Ellington Financial's stock. Their forecasts range from $18.00 to $20.00. On average, they anticipate Ellington Financial's stock price to reach $19.33 in the next twelve months. This suggests a possible upside of 5.2% from the stock's current price. View Analyst Price Targets for Ellington Financial.

What is the consensus analysts' recommendation for Ellington Financial?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ellington Financial in the last year. There are currently 1 hold rating 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. " (9/17/2019)
  • 2. Maxim Group analysts commented, "EFC reported 2Q19 EPS of $0.43 and 2Q19 core income of $0.46 per share, both covering EFC’s new $0.42 quarterly dividend, now paid monthly ($0.14 per month) related to its conversion to a REIT. We are maintaining our price target at $20. This equates to 1.06x book value (unchanged), which is inline with the average P/BV multiple of other high- quality mortgage REITs." (8/9/2019)

Has Ellington Financial been receiving favorable news coverage?

News headlines about EFC stock have trended negative recently, InfoTrie reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. 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 news impact score of -2.3 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Ellington Financial.

Are investors shorting Ellington Financial?

Ellington Financial saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 739,000 shares, an increase of 19.2% from the August 30th total of 619,900 shares. Based on an average trading volume of 283,300 shares, the days-to-cover ratio is presently 2.6 days. Approximately 2.3% of the shares of the company are short sold. View Ellington Financial's Current Options Chain.

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 number of of retail and institutional investors. Top institutional shareholders include Meeder Asset Management Inc. (0.12%), Nisa Investment Advisors LLC (0.09%) and Strs Ohio (0.02%). 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 buying Ellington Financial stock?

EFC stock was bought by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc., Nisa Investment Advisors LLC and Strs Ohio. 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, Robinhood, Fidelity and Charles Schwab.

What is Ellington Financial's stock price today?

One share of EFC stock can currently be purchased for approximately $18.38.

How big of a company is Ellington Financial?

Ellington Financial has a market capitalization of $620.71 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.

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:  2.3 out of 5 (star star)
Outperform Votes:  203 (Vote Outperform)
Underperform Votes:  243 (Vote Underperform)
Total Votes:  446
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 10/23/2019 by MarketBeat.com Staff

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