B. Riley Lowers Earnings Estimates for Ellington Financial

Ellington Financial Inc. (NYSE:EFC) – Stock analysts at B. Riley decreased their FY2025 earnings estimates for Ellington Financial in a research report issued to clients and investors on Monday, April 21st. B. Riley analyst R. Binner now anticipates that the financial services provider will earn $1.60 per share for the year, down from their prior 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.

Ellington Financial (NYSE:EFC) last issued its earnings results on Thursday, February 27th. The financial services provider reported $0.45 EPS for the quarter, topping the consensus estimate 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 analysts’ expectations of $112.88 million.

Other analysts have also recently issued reports about the company. Keefe, Bruyette & Woods upped their price target on Ellington Financial from $13.75 to $14.50 and gave the company an “outperform” rating in a research report on Monday, March 3rd. JMP Securities reissued a “market outperform” rating and set a $14.00 price target on shares of Ellington Financial in a report on Thursday, January 23rd.

Ellington Financial Stock Performance

NYSE:EFC opened at $12.66 on Wednesday. The firm has a market capitalization of $1.15 billion, a PE ratio of 9.66 and a beta of 1.57. The company has a quick ratio of 37.04, a current 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 firm has a 50-day moving average price of $12.92 and a 200 day moving average price of $12.58.

Ellington Financial Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, May 27th. Investors of record on Wednesday, April 30th will be paid a dividend of $0.13 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 12.32%. The ex-dividend date is Wednesday, April 30th. Ellington Financial’s dividend payout ratio (DPR) is 113.04%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in EFC. Larson Financial Group LLC grew its stake in Ellington Financial by 18,200.0% in the fourth quarter. Larson Financial Group LLC now owns 2,562 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 2,548 shares during the period. Steward Partners Investment Advisory LLC lifted its holdings in shares of Ellington Financial by 162.3% in 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 purchasing an additional 1,610 shares in the last quarter. Sterling Capital Management LLC raised its position in Ellington Financial by 814.9% in the 4th quarter. Sterling Capital Management LLC now owns 2,644 shares of the financial services provider’s stock valued at $32,000 after buying an additional 2,355 shares during the last quarter. AlphaQuest LLC acquired a new position in Ellington Financial during the 4th quarter worth approximately $37,000. Finally, State of Wyoming bought a new position in shares of Ellington Financial during the 4th quarter worth approximately $56,000. 55.62% of the stock is currently owned by institutional investors.

Ellington Financial Company Profile

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.