Ellington Financial Inc. (EFC)
| Market Cap | 1.23B |
| Revenue (ttm) | 308.37M |
| Net Income (ttm) | 122.56M |
| Shares Out | 95.65M |
| EPS (ttm) | 1.38 |
| PE Ratio | 9.26 |
| Forward PE | 7.75 |
| Dividend | $1.56 (12.18%) |
| Ex-Dividend Date | May 30, 2025 |
| Volume | 681,504 |
| Open | 12.74 |
| Previous Close | 12.60 |
| Day's Range | 12.65 - 12.79 |
| 52-Week Range | 11.12 - 14.40 |
| Beta | 1.01 |
| Analysts | Strong Buy |
| Price Target | 14.63 (+14.21%) |
| Earnings Date | May 7, 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]
Financial Performance
In 2024, Ellington Financial's revenue was $298.33 million, an increase of 19.94% compared to the previous year's $248.74 million. Earnings were $117.83 million, an increase of 93.47%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for EFC stock is "Strong Buy." The 12-month stock price forecast is $14.63, which is an increase of 14.21% from the latest price.
News
Ellington Financial, Inc. (EFC) Q1 2025 Earnings Call Transcript
Ellington Financial, Inc. (NYSE:EFC) Q1 2025 Results Conference Call May 8, 2025 11:00 AM ET Company Participants Alaael-Deen Shilleh - Associate General Counsel & Secretary Larry Penn - CEO Mark Tec...
Ellington Financial Inc. Reports First Quarter 2025 Results
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we") today reported financial results for the quarter ended March 31, 2025. Highlights Net income attributable to common s...
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 Announces Estimated Book Value Per Common Share as of March 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 $13.44 as of March 31, 2025. This estimate inclu...
Ellington Financial Announces Release Date of First Quarter 2025 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 March 31, 2025 after market clo...
Focusing On Lower Risk Shares (And Updated Charts For High-Yield Stocks)
Market volatility has increased, making it challenging to predict future Treasury rates and impacting the frequency of my article publications. Price-to-book ratios reveal bargains. Preferred shares o...
Ellington Financial: Shifting To The Series C Preferred Shares, Yielding 8.6%
Ellington Financial's Series C preferred shares offer a high yield of 8.6% and are the best choice for income investors. Lower interest rates in late 2024 boosted Ellington Financial's net interest in...
Ellington Financial Announces Estimated Book Value Per Common Share as of February 28, 2025
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we") today announced an estimated book value per share of common stock of $13.39 as of February 28, 2025. This estimate in...
Let's Talk Mortgage REITs (But Not For Too Long)
A bunch of mortgage REITs were severely overvalued. Now they are less overvalued. But some others are actually bargains. Tons of charts because images are fun. Ellington Financial's higher price-to-bo...
Wall Street's Most Accurate Analysts Give Their Take On 3 Financial Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
15% Yields Want To Mug Your Dividends
Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture...
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...
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 ...
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...
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...
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...
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 ...
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...