Ellington Financial Inc. (EFC)

NYSE: EFC · Real-Time Price · USD
12.24
0.00 (0.00%)
At close: Jan 7, 2025, 4:00 PM
12.22
-0.02 (-0.16%)
After-hours: Jan 7, 2025, 7:57 PM EST
0.00%
Market Cap 1.12B
Revenue (ttm) 290.29M
Net Income (ttm) 107.93M
Shares Out 91.52M
EPS (ttm) 1.32
PE Ratio 9.30
Forward PE 7.83
Dividend $1.56 (12.75%)
Ex-Dividend Date Dec 31, 2024
Volume 886,378
Open 12.23
Previous Close 12.24
Day's Range 12.11 - 12.31
52-Week Range 10.88 - 13.46
Beta 1.97
Analysts Buy
Price Target 13.58 (+10.95%)
Earnings Date Feb 24, 2025

About EFC

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 mortgage; 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; commercia... [Read more]

Industry REIT - Mortgage
Sector Real Estate
IPO Date Oct 8, 2010
Employees 400
Stock Exchange NYSE
Ticker Symbol EFC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for EFC stock is "Buy." The 12-month stock price forecast is $13.58, which is an increase of 10.95% from the latest price.

Price Target
$13.58
(10.95% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Ellington Financial: 2 High Yield Preferred Share Options

Ellington Financial: 2 High Yield Preferred Share Options

20 hours ago - Seeking Alpha

Ellington Financial Announces Estimated Book Value Per Common Share as of November 30, 2024

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $13.47 as of November 30, 2024. This e...

8 days ago - Business Wire

Ellington Financial Inc. Completes Proprietary Reverse Mortgage Loan Securitization

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) today announced the closing of a $243 million securitization backed by a pool of proprietary reverse mortgage loans, all of ...

20 days ago - Business Wire

Ellington Financial Inc. Completes First Securitization of Closed-End Second Mortgages

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) today announced that it has closed a $199 million securitization backed by a pool of closed-end second lien residential mort...

22 days ago - Business Wire

Huge Yields, Brief Notes

Preferred shares rallied, as predicted. Finding value is getting much harder. There are some common shares trading at discounts. Some big, some tiny. I would be interested in a few of the agency mortg...

26 days ago - Seeking Alpha

Ellington Financial Declares Common and Preferred Dividends

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that its Board of Directors has declared the following: (i) a monthly dividend of $0.13 per ...

4 weeks ago - Business Wire

24 November Ideal 'Safer' MoPay Dividend Dogs From 87 Equities And 80 Funds

Imagine stocks and funds paying you dividends monthly! Your angst awaiting payout is reduced 300%, or more, compared to quarterly, semi-annual, or (ugh) annual doles! These November U.S. exchanged mon...

5 weeks ago - Seeking Alpha

Ellington Financial Announces Estimated Book Value Per Common Share as of October 31, 2024

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $13.57 as of October 31, 2024. This es...

6 weeks ago - Business Wire

Ellington Financial Inc. Completes Non-QM Securitization

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that it has closed a $290 million securitization backed by a pool of non-qualified residenti...

7 weeks ago - Business Wire

Ellington Financial, Inc. (EFC) Q3 2024 Earnings Call Transcript

Ellington Financial, Inc. (NYSE:EFC) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Alaael-Deen Shilleh - Associate General Counsel and Secretary Larry Penn - Chie...

2 months ago - Seeking Alpha

Ellington Financial Declares Monthly Common Dividend

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that its Board of Directors has declared a monthly dividend of $0.13 per share of common sto...

2 months ago - Business Wire

Ellington Financial Inc. Reports Third Quarter 2024 Results

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we," "us," or "our") today reported financial results for the quarter ended September 30, 2024. Highlights Net income attr...

2 months ago - Business Wire

Ellington Financial Announces Redemption of its Series E Preferred Stock

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that its Board of Directors has authorized the redemption of all 957,133 outstanding shares ...

2 months ago - Business Wire

10.09% Preferred Share From Ellington Financial

EFC-A recently changed to a floating rate. Despite the 10% yield, investors should be aware of the risks. Since they haven't called EFC-E, there's a decent chance that they won't call them.

2 months ago - Seeking Alpha

Ellington Financial Announces Estimated Book Value Per Common Share as of September 30, 2024

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $13.66 as of September 30, 2024. This ...

2 months ago - Business Wire

Ellington Financial Announces Release Date of Third Quarter 2024 Earnings, Conference Call, and Investor Presentation

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that it will release financial results for the quarter ended September 30, 2024 after market...

2 months ago - Business Wire

3 Shares Yielding Over 9%

We've got three shares where big yields are offset by one flaw or another. I recently closed out my position in one of these shares for a gain of more than 40%. Great choice about 17 months ago. Not a...

2 months ago - Seeking Alpha

Top 3 Financials Stocks That May Jump This Quarter

The most oversold stocks in the financials sector presents an opportunity to buy into undervalued companies.

Other symbols: ARIRC
3 months ago - Benzinga

Ellington Financial: Offers Monthly Dividends And Should Benefit From Lower Interest Rates

My investment focus has shifted to income generation, with Ellington Financial offering a 12% yield despite a recent dividend cut. EFC's dividend reduction from $0.15 to $0.13 per share and missed ear...

3 months ago - Seeking Alpha

Ellington Financial Announces Estimated Book Value Per Common Share as of August 31, 2024

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $13.69 as of August 31, 2024. This est...

3 months ago - Business Wire

The High Yield Desert

I frequently discuss high-yield sectors like mortgage REITs, BDCs, and preferred shares, emphasizing the importance of knowing when not to buy. Preferred shares have rallied above targets, reducing bu...

3 months ago - Seeking Alpha

Ellington Financial Announces Estimated Book Value Per Common Share as of July 31, 2024

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $13.80 as of July 31, 2024. This estim...

4 months ago - Business Wire

3 Small-Cap Mortgage REITs Yielding Over 10% In Dividends

When it comes to high-yield investments, mortgage REITs can be the unsung heroes of your portfolio.

Other symbols: MFATRTX
4 months ago - Benzinga

Readers Identify 25 Ideal July Dividend Buys Out Of 37 Picks

Before July 31, 2024, my REaders mentioned 38 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, readers commented about the ReFa/Ro. Te...

Other symbols: AGNCECCELESEAETFSKNOAH
5 months ago - Seeking Alpha

10% Or Higher Dividend Yields

BDCs, mortgage REITs, preferred shares, and one baby bond. Most are yielding over 10%. I hope you're ready for the weekend. We're going to do quick coverage on each share. Some of these preferred shar...

5 months ago - Seeking Alpha