Ellington Financial Inc. (NYSE:EFC) Receives Consensus Rating of “Hold” from Analysts

Ellington Financial Inc. (NYSE:EFC) has been given an average recommendation of “Hold” by the five ratings firms that are currently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $13.8750.

Several brokerages have issued reports on EFC. Wall Street Zen upgraded Ellington Financial from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Zacks Research lowered Ellington Financial from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. BTIG Research downgraded shares of Ellington Financial from a “buy” rating to a “neutral” rating in a research report on Wednesday, June 17th. Finally, Weiss Ratings raised shares of Ellington Financial from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, May 14th.

Institutional Investors Weigh In On Ellington Financial

Hedge funds and other institutional investors have recently made changes to their positions in the company. Denali Advisors LLC boosted its holdings in Ellington Financial by 679.9% in the fourth quarter. Denali Advisors LLC now owns 88,133 shares of the financial services provider’s stock valued at $1,197,000 after acquiring an additional 76,833 shares during the last quarter. Artemis Investment Management LLP bought a new stake in Ellington Financial during the 4th quarter worth about $2,654,000. Bank of New York Mellon Corp lifted its position in Ellington Financial by 13.6% during the 1st quarter. Bank of New York Mellon Corp now owns 810,885 shares of the financial services provider’s stock valued at $9,609,000 after purchasing an additional 97,007 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Ellington Financial by 18.5% in the 1st quarter. Principal Financial Group Inc. now owns 605,681 shares of the financial services provider’s stock valued at $7,177,000 after purchasing an additional 94,625 shares during the last quarter. Finally, M&T Bank Corp boosted its stake in shares of Ellington Financial by 453.1% in the 4th quarter. M&T Bank Corp now owns 67,899 shares of the financial services provider’s stock valued at $922,000 after purchasing an additional 55,622 shares during the last quarter. 55.62% of the stock is owned by institutional investors and hedge funds.

Ellington Financial Price Performance

Shares of Ellington Financial stock opened at $13.31 on Wednesday. The stock has a market capitalization of $1.67 billion, a price-to-earnings ratio of 8.02 and a beta of 0.94. The firm’s 50-day moving average price is $13.51 and its two-hundred day moving average price is $13.03. The company has a current ratio of 42.65, a quick ratio of 42.65 and a debt-to-equity ratio of 10.18. Ellington Financial has a 1-year low of $11.27 and a 1-year high of $14.12.

Ellington Financial (NYSE:EFC) last announced its earnings results on Tuesday, May 5th. The financial services provider reported $0.55 EPS for the quarter, topping the consensus estimate of $0.42 by $0.13. The business had revenue of $188.83 million for the quarter, compared to the consensus estimate of $114.09 million. Ellington Financial had a return on equity of 15.81% and a net margin of 72.08%. On average, equities analysts predict that Ellington Financial will post 1.95 earnings per share for the current fiscal year.

Ellington Financial Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, July 31st will be given a dividend of $0.13 per share. This represents a c) dividend on an annualized basis and a dividend yield of 11.7%. The ex-dividend date is Friday, July 31st. Ellington Financial’s dividend payout ratio is presently 93.98%.

Ellington Financial Company Profile

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.