Ellington Financial Inc. (EFC)
| Market Cap | 1.12B |
| Revenue (ttm) | 290.29M |
| Net Income (ttm) | 107.93M |
| Shares Out | 91.52M |
| EPS (ttm) | 1.32 |
| PE Ratio | 9.34 |
| Forward PE | 7.86 |
| Dividend | $1.56 (12.69%) |
| Ex-Dividend Date | Oct 31, 2024 |
| Volume | 532,798 |
| Open | 12.38 |
| Previous Close | 12.37 |
| Day's Range | 12.20 - 12.38 |
| 52-Week Range | 10.88 - 13.46 |
| Beta | 1.98 |
| Analysts | Buy |
| Price Target | 13.56 (+10.33%) |
| Earnings Date | Nov 6, 2024 |
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 $13.56, which is an increase of 10.33% from the latest price.
News
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 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...
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...
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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...
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...
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 ...
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...
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10% Or Higher Dividend Yields
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Ellington Financial Inc. (EFC) Q2 2024 Earnings Call Transcript
Ellington Financial Inc. (NYSE:EFC) Q2 2024 Results Conference Call August 7, 2024 11:00 AM ET Company Participants Alaael-Deen Shilleh - Associate General Counsel and Secretary Larry Penn - Chief Ex...
Ellington Financial Inc. Reports Second 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 June 30, 2024. Highlights Net income attributa...
Ellington Financial Inc. Completes Proprietary Reverse Mortgage Loan Securitization
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced the closing of a $232 million securitization backed by a pool of proprietary reverse mortgag...
Ellington Financial Announces Estimated Book Value Per Common Share as of June 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 $13.92 as of June 30, 2024. This estim...
Ellington Financial Announces Release Date of Second 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 June 30, 2024 after market clos...
Ellington Financial: Series A Preferred Shares To Float, Yield Over 10%
Ellington Financial is a real estate investment trust with high yielding preferred share options, including one set to pay 10.7% at floating this fall. Despite higher expenses impacting earnings, Elli...