Ellington Financial Inc. (EFC)
| Market Cap | 1.01B |
| Revenue (ttm) | 263.41M |
| Net Income (ttm) | 71.14M |
| Shares Out | 79.28M |
| EPS (ttm) | 1.11 |
| PE Ratio | 11.45 |
| Forward PE | 7.32 |
| Dividend | $1.80 (14.16%) |
| Ex-Dividend Date | Dec 28, 2023 |
| Volume | 1,317,999 |
| Open | 12.87 |
| Previous Close | 12.86 |
| Day's Range | 12.68 - 12.87 |
| 52-Week Range | 10.82 - 14.42 |
| Beta | 1.85 |
| Analysts | Buy |
| Price Target | 14.19 (+11.64%) |
| Earnings Date | Feb 22, 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 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]
Financial Performance
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for EFC stock is "Buy." The 12-month stock price forecast is $14.19, which is an increase of 11.64% from the latest price.
News
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...
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 a monthly dividend of $0.09 per share of common sto...
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...
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 ...
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...
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...
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...
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...
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...
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 ...
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...
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 ...
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...
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...
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...
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 ...
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...
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...
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....
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...
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...
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...
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...
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...
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...