Ellington Financial Inc. (EFC)

NYSE: EFC · IEX Real-Time Price · USD
11.27
+0.15 (1.35%)
At close: Apr 18, 2024, 4:00 PM
11.29
+0.02 (0.18%)
After-hours: Apr 18, 2024, 7:20 PM EDT
1.35%
Market Cap 959.12M
Revenue (ttm) 276.92M
Net Income (ttm) 60.90M
Shares Out 85.10M
EPS (ttm) 0.89
PE Ratio 12.66
Forward PE 7.43
Dividend $1.76 (15.62%)
Ex-Dividend Date Apr 29, 2024
Volume 952,834
Open 11.12
Previous Close 11.12
Day's Range 11.10 - 11.32
52-Week Range 10.88 - 14.21
Beta 1.93
Analysts Strong Buy
Price Target 13.95 (+23.78%)
Earnings Date May 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]

Industry REIT - Mortgage
Sector Real Estate
IPO Date Oct 8, 2010
Employees 400
Stock Exchange NYSE
Ticker Symbol EFC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for EFC stock is "Strong Buy." The 12-month stock price forecast is $13.95, which is an increase of 23.78% from the latest price.

Price Target
$13.95
(23.78% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

10 days ago - Business Wire

Ellington Financial Announces Estimated Book Value Per Common Share as of February 29, 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 February 29, 2024. This e...

22 days ago - Business Wire

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 $208 million securitization backed by a pool of proprietary reverse mortgag...

24 days 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 $0.13 per ...

6 weeks ago - Business Wire

Ellington Financial Announces Estimated Book Value Per Common Share as of January 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 $13.73 as of January 31, 2024. Caution...

6 weeks ago - Business Wire

Ellington Financial Inc. Reports Fourth Quarter 2023 Results

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we," "us," or "our") today reported financial results for the quarter ended December 31, 2023. Highlights Net income attri...

7 weeks ago - Business Wire

Ellington Financial Announces Release Date of Fourth 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 December 31, 2023 after market ...

2 months ago - Business Wire

Ellington Financial Announces Estimated Book Value Per Common Share as of December 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 $13.83 as of December 31, 2023. Cautio...

2 months ago - Business Wire

Ellington Financial Inc. Announces the Income Tax Treatment of its 2023 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...

2 months ago - Business Wire

Income Tax Treatment of 2023 Distributions of Arlington Asset Investment Corp. Announced

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company"), as successor to Arlington Asset Investment Corp. (“AAIC”)1, today announced that information regarding the ...

2 months ago - Business Wire

Retirement Income: Earn Up To 16.7% Each And Every Month

Today we'll discuss five monthly dividends with yields between 7.3% and 16.7%. But let's be careful—market participants are showing signs of greed right now.

Other symbols: CSQEPRGAINPTY
2 months ago - Forbes

Top 2 Financial Stocks That Are Preparing To Pump This Quarter - Ellington Financial (NYSE:EFC), Hywin Holdings (NASDAQ:HYW)

The most oversold stocks in the financial presents an opportunity to buy into undervalued companies.

Other symbols: HYW
3 months ago - Benzinga

Ellington Financial Announces Estimated Book Value Per Common Share as of November 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 $14.06 as of November 30, 2023. This e...

4 months ago - Business Wire

Ellington Financial Completes Merger With Arlington Asset Investment Corp.

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("Ellington Financial" or the "Company") today announced that it has completed the previously announced merger with Arlingto...

4 months ago - Business Wire

Arlington Asset Investment Corp. Announces Intention to Delist Notes from the NYSE

MCLEAN, Va. , Dec. 13, 2023 /PRNewswire/ --  Arlington Asset Investment Corp. (NYSE: AAIC) ("Arlington") publicly announced today, in connection with the anticipated merger transaction with Ellington ...

4 months ago - PRNewsWire

Arlington Asset Investment Corp. Shareholders Approve Merger with Ellington Financial Inc.

MCLEAN, Va. , Dec. 12, 2023 /PRNewswire/ -- Arlington Asset Investment Corp. (NYSE: AAIC) ("Arlington") announced today that its shareholders have voted to approve the proposed merger transaction with...

4 months ago - PRNewsWire

Ellington Financial Declares Interim Monthly Dividend of $0.06 Per Share

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company" or "Ellington Financial") today announced that its Board of Directors has declared an interim monthly dividen...

5 months ago - Business Wire

Ellington Financial Announces Estimated Book Value Per Common Share as of October 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 $14.10 as of October 31, 2023. This es...

5 months ago - Business Wire

Ellington Financial Inc. Reports Third Quarter 2023 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, 2023. Highlights Net income attr...

5 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 ...

5 months ago - Business Wire

Ellington Financial Announces Release Date of Third 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 September 30, 2023 after market...

6 months ago - Business Wire

Ellington Financial Announces Estimated Book Value Per Common Share as of September 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 $14.33 as of September 30, 2023. This ...

6 months ago - Business Wire

Ellington Financial and Great Ajax Corp. Announce Mutual Termination of 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
6 months ago - Business Wire

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...

7 months 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...

8 months ago - Business Wire