Analysts Set Ellington Financial Inc. (NYSE:EFC) Target Price at $14.55

by · The Markets Daily

Ellington Financial Inc. (NYSE:EFC – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the six research firms that are presently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $14.5625.

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Ellington Financial in a research report on Wednesday, January 21st.

View Our Latest Research Report on EFC

Institutional Trading of Ellington Financial

Several large investors have recently modified their holdings of EFC. Amundi raised its stake in Ellington Financial by 106.8% in the fourth quarter. Amundi now owns 1,497,373 shares of the financial services provider’s stock valued at $20,334,000 after purchasing an additional 773,291 shares in the last quarter. Vanguard Group Inc. increased its holdings in Ellington Financial by 7.2% in the 3rd quarter. Vanguard Group Inc. now owns 6,653,590 shares of the financial services provider’s stock valued at $86,364,000 after buying an additional 449,074 shares during the period. Hudson Bay Capital Management LP acquired a new position in shares of Ellington Financial in the 4th quarter valued at approximately $6,080,000. Dana Investment Advisors Inc. bought a new stake in shares of Ellington Financial during the 3rd quarter worth approximately $4,997,000. Finally, Millennium Management LLC bought a new stake in shares of Ellington Financial during the 3rd quarter worth approximately $4,941,000. 55.62% of the stock is owned by institutional investors and hedge funds.

Ellington Financial Stock Down 1.3%

EFC stock opened at $12.30 on Friday. The company has a debt-to-equity ratio of 11.02, a current ratio of 44.59 and a quick ratio of 50.60. The stock has a market capitalization of $1.43 billion, a price-to-earnings ratio of 10.00 and a beta of 0.95. The business’s fifty day moving average price is $13.25 and its two-hundred day moving average price is $13.45. Ellington Financial has a fifty-two week low of $11.12 and a fifty-two week high of $14.12.

Ellington Financial (NYSE:EFC – Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The financial services provider reported $0.47 EPS for the quarter, beating the consensus estimate of $0.44 by $0.03. Ellington Financial had a net margin of 53.10% and a return on equity of 14.62%. The business had revenue of $96.44 million for the quarter, compared to the consensus estimate of $132.07 million. On average, equities analysts anticipate that Ellington Financial will post 1.38 earnings per share for the current year.

Ellington Financial Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be paid a dividend of $0.13 per share. This represents a c) dividend on an annualized basis and a yield of 12.7%. The ex-dividend date is Friday, February 27th. Ellington Financial’s dividend payout ratio (DPR) is 126.83%.

Ellington Financial Company Profile

(Get Free Report)

Ellington Financial, Inc (NYSE: EFC) is a mortgage real estate investment trust (REIT) that focuses on generating attractive risk-adjusted returns through investments in residential and commercial mortgage-related assets. Established in 2013, the company is externally managed by Ellington Financial Management, L.P., a subsidiary of Ellington Management Group, an alternative asset management firm. EFC’s core strategy centers on actively acquiring and managing agency and non-agency residential mortgage-backed securities (MBS), mortgage servicing rights, residential whole loans, and other structured finance instruments, including asset-backed securities and commercial mortgage-backed securities (CMBS).

The company employs leverage and structured financing tools—such as repurchase agreements and secured credit facilities—to enhance portfolio yield while maintaining focus on risk mitigation.

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