Ellington Financial Inc. (NYSE:EFC) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Ellington Financial Inc. (NYSE:EFC) have earned an average recommendation of “Moderate Buy” from the eight analysts that are currently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $14.4583.

A number of analysts have recently commented on EFC shares. Weiss Ratings restated a “hold (c)” rating on shares of Ellington Financial in a report on Wednesday, October 8th. Zacks Research lowered Ellington Financial from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 10th.

Hedge Funds Weigh In On Ellington Financial

Several hedge funds have recently modified their holdings of EFC. MAS Advisors LLC lifted its holdings in Ellington Financial by 3.6% during the 2nd quarter. MAS Advisors LLC now owns 22,928 shares of the financial services provider’s stock worth $298,000 after purchasing an additional 788 shares during the last quarter. Oregon Public Employees Retirement Fund grew its holdings in Ellington Financial by 3.7% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 22,464 shares of the financial services provider’s stock valued at $292,000 after buying an additional 800 shares in the last quarter. CWM LLC increased its position in Ellington Financial by 67.6% during the 2nd quarter. CWM LLC now owns 2,010 shares of the financial services provider’s stock worth $26,000 after buying an additional 811 shares during the period. Bank of Montreal Can increased its position in Ellington Financial by 6.2% during the 2nd quarter. Bank of Montreal Can now owns 15,170 shares of the financial services provider’s stock worth $197,000 after buying an additional 888 shares during the period. Finally, Amalgamated Bank lifted its holdings in shares of Ellington Financial by 3.5% during the second quarter. Amalgamated Bank now owns 26,688 shares of the financial services provider’s stock worth $347,000 after buying an additional 897 shares in the last quarter. Institutional investors own 55.62% of the company’s stock.

Ellington Financial Stock Up 0.6%

Ellington Financial stock opened at $13.73 on Friday. The company has a 50 day moving average of $13.69 and a 200-day moving average of $13.46. The company has a quick ratio of 50.60, a current ratio of 50.60 and a debt-to-equity ratio of 10.64. Ellington Financial has a twelve month low of $11.12 and a twelve month high of $14.40. The stock has a market capitalization of $1.53 billion, a PE ratio of 10.24 and a beta of 0.95.

Ellington Financial (NYSE:EFC) last posted its quarterly earnings data on Wednesday, November 5th. The financial services provider reported $0.53 EPS for the quarter, beating the consensus estimate of $0.44 by $0.09. The business had revenue of $242.08 million for the quarter, compared to analysts’ expectations of $121.99 million. Ellington Financial had a net margin of 89.04% and a return on equity of 14.55%. On average, equities research analysts anticipate that Ellington Financial will post 1.38 EPS for the current fiscal year.

Ellington Financial Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, January 30th will be given a dividend of $0.13 per share. The ex-dividend date of this dividend is Friday, January 30th. This represents a c) annualized dividend and a yield of 11.4%. Ellington Financial’s payout ratio is 116.42%.

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.