Ellington Financial Inc. (EFC)
NYSE: EFC · IEX Real-Time Price · USD
12.15
+0.28 (2.36%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Ellington Financial Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Ellington Financial stock have an average target of 13.95, with a low estimate of 13.25 and a high estimate of 15. The average target predicts an increase of 14.81% from the current stock price of 12.15.
Analyst Consensus: Buy
* Price targets were last updated on Apr 19, 2024.
Analyst Ratings
The average analyst rating for EFC stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Reiterates $15 | Buy | Reiterates | $15 | +19.34% | Apr 19, 2024 |
| JonesTrading | JonesTrading | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Apr 19, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $15 | Buy | Reiterates | $15 | +19.34% | Apr 18, 2024 |
| BTIG | BTIG | Strong Buy Maintains $16 → $14 | Strong Buy | Maintains | $16 → $14 | +11.11% | Apr 18, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $14 → $13 | Buy | Maintains | $14 → $13 | +9.05% | Feb 28, 2024 |
Financial Forecast
Revenue This Year
198.97M
from 276.92M
Decreased by -28.15%
Revenue Next Year
214.12M
from 198.97M
Increased by 7.61%
EPS This Year
1.44
from 0.89
Increased by 62.05%
EPS Next Year
1.68
from 1.44
Increased by 16.25%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 206.9M | 222.6M | 338.8M |
| Avg | 199.0M | 214.1M | 325.9M |
| Low | 193.1M | 207.8M | 316.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -25.3% | 11.9% | 58.2% |
| Avg | -28.1% | 7.6% | 52.2% |
| Low | -30.3% | 4.4% | 47.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.65 | 1.84 | 1.72 |
| Avg | 1.44 | 1.68 | 1.66 |
| Low | 1.28 | 1.53 | 1.61 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 85.2% | 27.4% | 2.7% |
| Avg | 62.1% | 16.2% | -1.2% |
| Low | 44.2% | 6.0% | -4.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.