Ellington Financial Inc. (EFC)
| Market Cap | 1.10B |
| Revenue (ttm) | 279.75M |
| Net Income (ttm) | 98.35M |
| Shares Out | 86.93M |
| EPS (ttm) | 1.27 |
| PE Ratio | 9.90 |
| Forward PE | 8.15 |
| Dividend | $1.56 (12.37%) |
| Ex-Dividend Date | Oct 31, 2024 |
| Volume | 907,360 |
| Open | 12.64 |
| Previous Close | 12.65 |
| Day's Range | 12.55 - 12.64 |
| 52-Week Range | 10.88 - 13.46 |
| Beta | 1.98 |
| Analysts | Buy |
| Price Target | 13.85 (+9.83%) |
| Earnings Date | Nov 5, 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 6 analysts, the average rating for EFC stock is "Buy." The 12-month stock price forecast is $13.85, which is an increase of 9.83% from the latest price.
News
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...
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Ellington Financial Inc. Completes Non-QM Securitization
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced the closing of a $288 million securitization backed by a pool of non-qualified residential m...
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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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...
12%+ Dividend Yields Duel
This is a head-to-head battle between two of the high yielders. Both are at least over 12%. This is a lesson in evaluating similar shares for differences in valuation. The emphasis here is on the chan...
Ellington Financial Announces Estimated Book Value Per Common Share as of May 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 $13.81 as of May 31, 2024. This estima...
12% Dividend Yield Sure Beats 8%
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Ellington Financial: Income-Thirsty Investors Can Consider This Diversified mREIT
Ellington Financial Inc. is a strong investment in the mREIT space, well positioned for when rates normalize and the housing industry rebounds. The company's diversified portfolio includes income from...
9%+ Yields For Bigger Income
We spotted a new baby bond that was particularly appealing. A discount to face value drove yields higher. When we consider these high-yielding investments, it's important to carefully compare them wit...
