Ellington Financial Inc. (EFC)

NYSE: EFC · Real-Time Price · USD
13.46
+0.02 (0.11%)
Mar 18, 2025, 10:47 AM EDT - Market open
0.11%
Market Cap 1.23B
Revenue (ttm) 303.23M
Net Income (ttm) 117.83M
Shares Out 91.57M
EPS (ttm) 1.36
PE Ratio 9.91
Forward PE 8.26
Dividend $1.56 (11.60%)
Ex-Dividend Date Mar 31, 2025
Volume 106,225
Open 13.48
Previous Close 13.44
Day's Range 13.41 - 13.50
52-Week Range 10.88 - 14.40
Beta 1.99
Analysts Buy
Price Target 14.00 (+4.05%)
Earnings Date May 6, 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. It operates in two segments, Investment Portfolio and Longbridge. The company acquires and manages residential mortgage-backed securities (RMBS) backed by prime jumbo, Alt-A, non-QM, manufactured housing, subprime residential, and single-family-rental mortgage loans; RMBS for which the principal and interest payments are guara... [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

In 2024, Ellington Financial's revenue was $303.23 million, an increase of 20.43% compared to the previous year's $251.79 million. Earnings were $117.83 million, an increase of 93.47%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for EFC stock is "Buy." The 12-month stock price forecast is $14.0, which is an increase of 4.05% from the latest price.

Price Target
$14.0
(4.05% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Ellington Financial: History Of Cuts Explains High Yield

Ellington Financial offers a high 11% yield but has a history of dividend cuts due to interest rate fluctuations and financing issues. The investment strategy includes a portfolio heavily weighted tow...

5 days ago - Seeking Alpha

Ellington Financial Declares Common and Preferred Dividends

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

11 days ago - Business Wire

Ellington Financial Announces Estimated Book Value Per Common Share as of January 31, 2025

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we") today announced an estimated book value per share of common stock of $13.41 as of January 31, 2025. This estimate inc...

13 days ago - Business Wire

Ellington Financial, Inc. (EFC) Q4 2024 Earnings Call Transcript

Ellington Financial, Inc. (NYSE:EFC) Q4 2024 Earnings Conference Call February 28, 2025 11:00 AM ET Company Participants Alaael-Deen Shilleh - Associate General Counsel & Secretary Larry Penn - CEO M...

17 days ago - Seeking Alpha

Ellington Financial Inc. Reports Fourth Quarter 2024 Results

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we") today reported financial results for the quarter ended December 31, 2024. Highlights Net income attributable to commo...

18 days ago - Business Wire

Ellington Financial Announces Release Date of Fourth 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 December 31, 2024 after market ...

4 weeks ago - Business Wire

Ellington Financial Declares Monthly Common Dividend

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

5 weeks ago - Business Wire

Ellington Financial Inc. Announces the Income Tax Treatment of its 2024 Distributions

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that information regarding the federal income tax treatment of the distributions deemed paid...

6 weeks ago - Business Wire

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

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we") today announced an estimated book value per share of common stock of $13.52 as of December 31, 2024. This estimate in...

6 weeks ago - Business Wire

Wall Street Is Missing The Boat On These Monthly Dividends

What's better than monthly dividends that add up to 7.2% to 15.4% yearly yields?

Other symbols: ACPEPRNMCOPHK
7 weeks ago - Forbes

Past Time To Take Gains On These Big Yielders

These shares don't give investors a big enough yield or enough upside. The performance throughout the sector has been great, but occasionally, it's better to just pocket the gains.

7 weeks ago - Seeking Alpha

High Yield REITs Whacked By Higher Rates

Despite a single day of declining rates, the trend higher brought even more damage to mortgage REITs. Some may see book value fall by as much as 10% or more, but the average will probably be around th...

2 months ago - Seeking Alpha

Ellington Financial: Trust Issues

Ellington Financial Inc.'s 12.85% dividend yield is attractive, but the company is a hard pass due to excessive leverage and high credit and liquidity risks. The company's financial health is weak and...

2 months ago - Seeking Alpha

Ellington Financial: 2 High Yield Preferred Share Options

Ellington Financial: 2 High Yield Preferred Share Options

2 months 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...

2 months 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 ...

3 months 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...

3 months 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...

3 months ago - Seeking Alpha

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...

3 months 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...

3 months 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...

4 months 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...

4 months ago - Seeking Alpha

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...

4 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 ...

4 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.

4 months ago - Seeking Alpha