Ellington Financial Inc. (EFC)

NYSE: EFC · IEX Real-Time Price · USD
12.93
+0.04 (0.31%)
Sep 25, 2023, 4:00 PM EDT - Market closed
0.31%
Market Cap 879.46M
Revenue (ttm) 219.84M
Net Income (ttm) 31.26M
Shares Out 68.02M
EPS (ttm) 0.46
PE Ratio 28.11
Forward PE 7.43
Dividend $1.80 (13.92%)
Ex-Dividend Date Sep 28, 2023
Volume 717,020
Open 12.85
Previous Close 12.89
Day's Range 12.81 - 13.01
52-Week Range 10.81 - 14.62
Beta 1.85
Analysts Buy
Price Target 14.42 (+11.52%)
Earnings Date Nov 6, 2023

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 residential mortgage loans; RMBS for which the principal and interest payments are guaranteed by the U.S. government agency or the U.S. government-sponsored entity; residential mortgag... [Read more]

Industry REIT - Mortgage
Sector Real Estate
IPO Date Oct 8, 2010
Employees 150
Stock Exchange NYSE
Ticker Symbol EFC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for EFC stock is "Buy." The 12-month stock price forecast is $14.42, which is an increase of 11.52% from the latest price.

Price Target
$14.42
(11.52% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Ellington Financial Announces Estimated Book Value Per Common Share as of August 31, 2023

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $14.30 as of August 31, 2023. This est...

16 hours ago - Business Wire

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 $0.15 per ...

18 days ago - Business Wire

Ellington Financial Announces Estimated Book Value Per Common Share as of July 31, 2023

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $14.49 as of July 31, 2023. This estim...

4 weeks ago - Business Wire

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 $0.15 per share of common sto...

7 weeks ago - Business Wire

Ellington Financial Inc. Reports Second Quarter 2023 Results

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today reported financial results for the quarter ended June 30, 2023. Highlights Net income attributable to ...

7 weeks ago - Business Wire

Ellington Financial Announces Release Date of Second Quarter 2023 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, 2023 after market clos...

2 months ago - Business Wire

Ellington Financial Reports Preliminary Results for Second Quarter 2023

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today disclosed the following estimated book value per share of common stock as of June 30, 2023, and prelim...

2 months ago - Business Wire

GREAT AJAX INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Great Ajax Corp. - AJX

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Great Ajax Corp....

Other symbols: AJX
2 months ago - Business Wire

Great Ajax stock rallies after Ellington Financial agrees to buy it at a premium in REIT merger

Great Ajax Corp. AJX, +2.00% stock is rallying 9% in premarket trades Monday after it agreed to be acquired by Ellington Financial Inc. EFC, +0.44% for about $173 million in stock. Ellington Financial...

Other symbols: AJX
3 months ago - Market Watch

Ellington Financial and Great Ajax Corp. Announce Definitive Merger Agreement

OLD GREENWICH, Conn. & NEW YORK--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (“Ellington Financial”), a real estate investment trust investing in a diverse array of financial assets includin...

Other symbols: AJX
3 months ago - Business Wire

Ellington Financial Announces Estimated Book Value Per Common Share as of May 31, 2023

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $14.55 as of May 31, 2023. This estima...

3 months ago - Business Wire

ARLINGTON ASSET INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Arlington Asset Investment Corp. - AAIC

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Arlington Asset ...

Other symbols: AAIC
4 months ago - Business Wire

Ellington Financial buying Arlington Asset Management in $1 bln deal

Arlington Asset Investment Corp.'s stock AAIC, +1.85% is rallying 50% in premarket trades Tuesday after Ellington Financial Inc. EFC, +4.07% said it would pay about $4.77 a share for the real estate i...

4 months ago - Market Watch

Ellington Financial and Arlington Asset Investment Corp. Announce Definitive Merger Agreement

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (“Ellington Financial”), a real estate investment trust investing in a diverse array of financial assets including residenti...

Other symbols: AAIC
4 months ago - Business Wire

ELLINGTON FINANCIAL AND ARLINGTON ASSET INVESTMENT CORP. ANNOUNCE DEFINITIVE MERGER AGREEMENT

− Transaction Provides Increased Scale and Enhanced Access to Capital Markets – − Aligned Platforms and Capital Expected to Drive Earnings Accretion and Sustained Long-Term Growth − OLD GREENWICH, Con...

Other symbols: AAIC
4 months ago - PRNewsWire

Ellington Financial Announces Estimated Book Value Per Common Share as of April 30, 2023

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $14.89 as of April 30, 2023. This esti...

4 months ago - Business Wire

Ellington Financial Announces Common Stock Authorization

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that at its annual meeting of stockholders held on Tuesday May 16, 2023, its stockholders vo...

4 months ago - Business Wire

Ellington Financial Inc. Reports First Quarter 2023 Results

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today reported financial results for the quarter ended March 31, 2023. Highlights Net income attributable to...

5 months ago - Business Wire

Ellington Financial Announces Release Date of First Quarter 2023 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, 2023 after market clo...

5 months ago - Business Wire

Ellington Financial Announces Estimated Book Value Per Common Share as of March 31, 2023

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $15.10 as of March 31, 2023. This esti...

5 months ago - Business Wire

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Ellington Financial Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

NEW YORK , April 3, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim...

6 months ago - PRNewsWire

Ellington Financial Announces Estimated Book Value Per Common Share as of February 28, 2023

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $15.12 as of February 28, 2023. This e...

6 months ago - Business Wire

Ellington Financial Announces $50 Million Common Stock Repurchase Program

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the “Company”) announced today that its Board of Directors has authorized the repurchase of up to $50 million of the Compan...

6 months ago - Business Wire

Ellington Financial Announces Estimated Book Value Per Common Share as of January 31, 2023

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $15.00 as of January 31, 2023. This es...

7 months ago - Business Wire

Ellington Financial Inc. Reports Fourth Quarter 2022 Results

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today reported financial results for the quarter ended December 31, 2022. Highlights Net income attributable...

7 months ago - Business Wire