Ellington Financial Inc. (EFC)
| Market Cap | 1.16B |
| Revenue (ttm) | 290.29M |
| Net Income (ttm) | 107.93M |
| Shares Out | 91.52M |
| EPS (ttm) | 1.32 |
| PE Ratio | 9.65 |
| Forward PE | 8.04 |
| Dividend | $1.56 (12.29%) |
| Ex-Dividend Date | Feb 28, 2025 |
| Volume | 475,873 |
| Open | 12.58 |
| Previous Close | 12.73 |
| Day's Range | 12.56 - 12.70 |
| 52-Week Range | 10.88 - 13.46 |
| Beta | 1.97 |
| Analysts | Buy |
| Price Target | 13.69 (+7.88%) |
| 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]
Financial Performance
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for EFC stock is "Buy." The 12-month stock price forecast is $13.69, which is an increase of 7.88% from the latest price.
News
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...
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...
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...
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?
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...
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...
Ellington Financial: 2 High Yield Preferred Share Options
Ellington Financial: 2 High Yield Preferred Share Options
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...
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 ...
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...
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 ...
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...
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...
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...
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...
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...
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 ...
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.
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 ...
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...
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.
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...