Ellington Financial Stock Today

EFC Stock  USD 12.29  0.08  0.65%   

Performance

0 of 100

 
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Odds Of Distress

Less than 9

 
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Low
Ellington Financial is trading at 12.29 as of the 21st of November 2024, a 0.65% down since the beginning of the trading day. The stock's open price was 12.37. Ellington Financial has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on October 22, 2024, Representative Virginia Foxx of US Congress acquired under $15k worth of Ellington Financial's common stock.
Business Domain
Financial Services
IPO Date
8th of October 2010
Category
Real Estate
Classification
Financials
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. Ellington Financial LLC was incorporated in 2007 and is based in Old Greenwich, Connecticut. The company has 90.66 M outstanding shares of which 4.93 M shares are currently shorted by investors with about 6.48 days to cover. More on Ellington Financial

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Ellington Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOLaurence Penn
Thematic IdeaReal Estate (View all Themes)
Business ConcentrationMortgage Real Estate Investment Trusts (REITs), Financial Services, Real Estate, NYSE Composite, SP Small-Cap 600, Financials, Mortgage Real Estate Investment Trusts (REITs), REIT—Mortgage, Real Estate (View all Sectors)
Average Analyst Recommendation
Ellington Financial can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ellington Financial's financial leverage. It provides some insight into what part of Ellington Financial's total assets is financed by creditors.
Liquidity
Ellington Financial has 13.33 B in debt with debt to equity (D/E) ratio of 3.78, meaning that the company heavily relies on borrowing funds for operations. Ellington Financial has a current ratio of 1.43, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Ellington to invest in growth at high rates of return.

Free Cash Flow

(229.77 Million)
Ellington Financial (EFC) is traded on New York Stock Exchange in USA. It is located in 53 Forest Avenue, Old Greenwich, CT, United States, 06870 and employs 400 people. Ellington Financial is listed under Mortgage Real Estate Investment Trusts (REITs) category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.11 B. Ellington Financial runs under Mortgage Real Estate Investment Trusts (REITs) sector within Financials industry. The entity has 90.66 M outstanding shares of which 4.93 M shares are currently shorted by investors with about 6.48 days to cover. Ellington Financial has about 217.05 M in cash with (241.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.09.
Check Ellington Financial Probability Of Bankruptcy
Ownership Allocation
Ellington Financial holds a total of 90.66 Million outstanding shares. Over half of Ellington Financial's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Please note that on October 22, 2024, Representative Virginia Foxx of US Congress acquired under $15k worth of Ellington Financial's common stock.
Check Ellington Ownership Details

Ellington Stock Institutional Holders

InstituionRecorded OnShares
Charles Schwab Investment Management Inc2024-09-30
778.9 K
Van Eck Associates Corporation2024-06-30
752 K
Bank Of New York Mellon Corp2024-06-30
654 K
Knights Of Columbus Asset Advisors Llc2024-09-30
432.5 K
Principal Financial Group Inc2024-09-30
409.5 K
Harbor Capital Advisors Inc2024-06-30
294.8 K
Rhumbline Advisers2024-06-30
247.4 K
Ubs Group Ag2024-06-30
244.7 K
Ameriprise Financial Inc2024-06-30
231.4 K
Blackrock Inc2024-06-30
14.4 M
Vanguard Group Inc2024-09-30
5.7 M
View Ellington Financial Diagnostics

Ellington Financial Historical Income Statement

At present, Ellington Financial's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 264.4 M, whereas Cost Of Revenue is projected to grow to (40.4 M). View More Fundamentals

Ellington Stock Against Markets

Ellington Financial Corporate Management

Daniel JDGeneral CounselProfile
Jason FrankDeputy SecProfile
Christopher CPAChief OfficerProfile
Daniel MargolisGeneral CounselProfile
When determining whether Ellington Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ellington Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ellington Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ellington Financial Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellington Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For information on how to trade Ellington Stock refer to our How to Trade Ellington Stock guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Mortgage Real Estate Investment Trusts (REITs) space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ellington Financial. If investors know Ellington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ellington Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.908
Dividend Share
1.66
Earnings Share
1.29
Revenue Per Share
3.539
Quarterly Revenue Growth
0.19
The market value of Ellington Financial is measured differently than its book value, which is the value of Ellington that is recorded on the company's balance sheet. Investors also form their own opinion of Ellington Financial's value that differs from its market value or its book value, called intrinsic value, which is Ellington Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ellington Financial's market value can be influenced by many factors that don't directly affect Ellington Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ellington Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellington Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellington Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.