Ellington Financial Announces Estimated Book Value Per Common Share as of June 30, 2024

EFC Stock  USD 12.37  0.01  0.08%   
About 60% of Ellington Financial's investor base is looking to short. The analysis of the overall investor sentiment regarding Ellington Financial suggests that many traders are alarmed. The current market sentiment, together with Ellington Financial's historical and current headlines, can help investors time the market. In addition, many technical investors use Ellington Financial stock news signals to limit their universe of possible portfolio assets.
  
OLD GREENWICH, Conn., July 29, 2024--Ellington Financial Inc. today announced its estimated book value per share of common stock of 13.92 as of June 30, 2024. This estimate includes the effect of the previously announced monthly dividend of 0.13 per share of common stock, payable on July 25, 2024 to holders of record on June 28, 2024, with the same ex-dividend date.

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Ellington Financial Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Ellington Financial can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Ellington Financial Fundamental Analysis

We analyze Ellington Financial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ellington Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ellington Financial based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Return On Equity

Return On Equity Comparative Analysis

Ellington Financial is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Ellington Financial Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ellington Financial stock to make a market-neutral strategy. Peer analysis of Ellington Financial could also be used in its relative valuation, which is a method of valuing Ellington Financial by comparing valuation metrics with similar companies.

Peers

Ellington Financial Related Equities

ARRARMOUR Residential   1.06   
0%
29.0%
TWOTwo Harbors   1.02   
0%
28.0%
ORCOrchid Island   0.77   
0%
21.0%
IVRInvesco Mortgage   0.48   
0%
13.0%
DXDynex Capital   0.24   
6.0%
0%
CIMChimera Investment   0.34   
9.0%
0%
AGNCAGNC Investment   0.62   
17.0%
0%
EARNEllington Residential   1.34   
37.0%
0%
ACREAres Commercial   1.94   
53.0%
0%
CHMICherry Hill   3.61   
100.0%
0%

Complementary Tools for Ellington Stock analysis

When running Ellington Financial's price analysis, check to measure Ellington Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ellington Financial is operating at the current time. Most of Ellington Financial's value examination focuses on studying past and present price action to predict the probability of Ellington Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ellington Financial's price. Additionally, you may evaluate how the addition of Ellington Financial to your portfolios can decrease your overall portfolio volatility.
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