2 weeks Ago By ABMN Staff
Ellington Financial Inc. ( NYSE:EFC – Free Report ) – B. Riley lowered their FY2025 earnings estimates for Ellington Financial in a report issued on Monday, April 21st.
B. Riley analyst R. Binner now forecasts that the financial services provider will post earnings of $1.
60 per share for the year, down from their previous estimate of $1.68. B.
Riley currently has a “Strong-Buy” rating on the stock. The consensus estimate for Ellington Financial’s current full-year earnings is $1.38 per share.
B. Riley also issued estimates for Ellington Financial’s FY2026 earnings at $1.70 EPS.
A number of other research analysts have also weighed in on the stock. Keefe, Bruyette & Woods raised their target price on shares of Ellington Financial from $13.75 to $14.
50 and gave the company an “outperform” rating in a report on Monday, March 3rd. JMP Securities reissued a “market outperform” rating and issued a $14.00 price objective on shares of Ellington Financial in a research note on Thursday, January 23rd.
Ellington Financial Price Performance Shares of Ellington Financial stock opened at $12.80 on Wednesday. The company has a current ratio of 37.
04, a quick ratio of 37.04 and a debt-to-equity ratio of 10.87.
Ellington Financial has a 12 month low of $11.12 and a 12 month high of $14.40.
The stock has a 50 day moving average of $12.92 and a 200 day moving average of $12.58.
The firm has a market cap of $1.16 billion, a PE ratio of 9.77 and a beta of 1.
57. Ellington Financial ( NYSE:EFC – Get Free Report ) last issued its quarterly earnings data on Thursday, February 27th. The financial services provider reported $0.
45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.07.
Ellington Financial had a return on equity of 10.26% and a net margin of 106.40%.
The firm had revenue of $38.13 million during the quarter, compared to analyst estimates of $112.88 million.
Ellington Financial Announces Dividend The business also recently declared a monthly dividend, which will be paid on Tuesday, May 27th. Investors of record on Wednesday, April 30th will be issued a dividend of $0.13 per share.
The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $1.56 annualized dividend and a yield of 12.
19%. Ellington Financial’s payout ratio is presently 113.04%.
Institutional Trading of Ellington Financial A number of institutional investors have recently bought and sold shares of EFC. California State Teachers Retirement System raised its stake in shares of Ellington Financial by 1.1% in the fourth quarter.
California State Teachers Retirement System now owns 81,097 shares of the financial services provider’s stock valued at $983,000 after acquiring an additional 873 shares during the period. Maryland State Retirement & Pension System raised its position in Ellington Financial by 3.0% in the 4th quarter.
Maryland State Retirement & Pension System now owns 30,531 shares of the financial services provider’s stock worth $370,000 after purchasing an additional 880 shares during the period. Oregon Public Employees Retirement Fund lifted its stake in Ellington Financial by 4.4% in the fourth quarter.
Oregon Public Employees Retirement Fund now owns 21,364 shares of the financial services provider’s stock worth $259,000 after purchasing an additional 900 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its position in shares of Ellington Financial by 162.3% during the fourth quarter.
Steward Partners Investment Advisory LLC now owns 2,602 shares of the financial services provider’s stock valued at $32,000 after buying an additional 1,610 shares during the period. Finally, CenterStar Asset Management LLC grew its stake in shares of Ellington Financial by 14.6% during the first quarter.
CenterStar Asset Management LLC now owns 12,828 shares of the financial services provider’s stock valued at $170,000 after buying an additional 1,638 shares during the last quarter. 55.62% of the stock is currently owned by institutional investors.
About Ellington Financial ( Get Free Report ) 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.
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