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EFC

EFC - Ellington Financial Inc Stock Price, Fair Value and News

11.72USD+0.12 (+1.03%)Market Closed

Market Summary

EFC
USD11.72+0.12
Market Closed
1.03%

EFC Stock Price

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EFC RSI Chart

EFC Valuation

Market Cap

997.4M

Price/Earnings (Trailing)

14.72

Price/Sales (Trailing)

2.69

EV/EBITDA

5.29

Price/Free Cashflow

-4.12

EFC Price/Sales (Trailing)

EFC Profitability

EBT Margin

24.10%

Return on Equity

4.47%

Return on Assets

0.44%

Free Cashflow Yield

-24.25%

EFC Fundamentals

EFC Revenue

Revenue (TTM)

370.2M

Rev. Growth (Yr)

9.86%

Rev. Growth (Qtr)

2.57%

EFC Earnings

Earnings (TTM)

67.7M

Earnings Growth (Yr)

-60.96%

Earnings Growth (Qtr)

-14.16%

Breaking Down EFC Revenue

Last 7 days

2.6%

Last 30 days

1.0%

Last 90 days

-9.1%

Trailing 12 Months

-7.0%

How does EFC drawdown profile look like?

EFC Financial Health

Debt/Equity

0.18

Debt/Cashflow

-0.89

EFC Investor Care

Dividend Yield

15.36%

Dividend/Share (TTM)

1.8

Shares Dilution (1Y)

24.70%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023318.3M343.7M361.3M370.2M
2022186.5M203.3M241.8M282.2M
2021161.5M168.1M165.2M175.5M
2020176.0M176.7M179.8M173.5M
2019139.0M145.6M150.2M159.9M
201898.2M107.5M120.4M131.0M
201781.9M84.6M89.5M94.0M
201699.9M93.1M83.6M80.2M
201599.2M104.9M109.4M104.6M
201488.9M89.5M88.0M93.9M
201366.5M70.8M79.4M85.7M
201263.4M62.8M62.6M63.9M
201149.6M55.4M60.2M63.5M
2010049.7M47.7M45.6M
200900051.7M

Tracking the Latest Insider Buys and Sells of Ellington Financial Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Dec 14, 2023
mumford lisa
sold
-276,611
13.06
-21,180
-
Dec 04, 2023
mumford lisa
acquired
-
-
84,720
-
Sep 14, 2023
simon ronald i
acquired
-
-
6,199
-
Sep 13, 2022
simon ronald i
acquired
-
-
4,066
-
Feb 22, 2022
vranos michael w
acquired
-
-
19,094
co-chief investment officer
Nov 12, 2021
vranos michael w
acquired
-
-
28,453
co-chief investment officer
Nov 12, 2021
vranos michael w
sold
-
-
-8,666
co-chief investment officer
Sep 13, 2021
simon ronald i
acquired
-
-
5,710
-
Jul 30, 2021
vranos michael w
acquired
-
-
37,373
co-chief investment officer
Dec 11, 2020
vranos michael w
acquired
-
-
140,600
co-chief investment officer

1–10 of 17

Which funds bought or sold EFC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 25, 2024
Zurcher Kantonalbank (Zurich Cantonalbank)
unchanged
-
-13,784
180,882
-%
Apr 25, 2024
NEW YORK STATE TEACHERS RETIREMENT SYSTEM
unchanged
-
-20,000
261,000
-%
Apr 25, 2024
Bank of New York Mellon Corp
reduced
-5.54
-1,030,940
7,400,520
-%
Apr 25, 2024
Lindbrook Capital, LLC
added
16.58
862
11,208
-%
Apr 25, 2024
Chicago Partners Investment Group LLC
reduced
-0.02
-47,599
490,434
0.02%
Apr 25, 2024
Allworth Financial LP
reduced
-2.88
-1,378
12,743
-%
Apr 24, 2024
Cambridge Investment Research Advisors, Inc.
added
30.94
44,000
246,000
-%
Apr 24, 2024
PSI Advisors, LLC
unchanged
-
-855
11,220
-%
Apr 24, 2024
AlphaCentric Advisors LLC
unchanged
-
-199,441
2,617,120
1.58%
Apr 24, 2024
Spire Wealth Management
unchanged
-
-9,672
109,833
-%

1–10 of 48

Are Funds Buying or Selling EFC?

Are funds buying EFC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own EFC
No. of Funds

Unveiling Ellington Financial Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
6.10%
4,833,357
SC 13G/A
Jan 22, 2024
blackrock inc.
16.4%
12,979,543
SC 13G/A
Dec 13, 2023
vranos michael w
4.8%
3,380,825
SC 13D/A
Feb 09, 2023
vanguard group inc
6.18%
3,734,986
SC 13G/A
Jan 31, 2023
blackrock inc.
17.6%
10,641,444
SC 13G/A
Feb 09, 2022
vanguard group inc
5.76%
3,306,467
SC 13G
Feb 04, 2022
wellington management group llp
0.00%
0
SC 13G/A
Feb 04, 2022
bay pond partners, l.p.
0.00%
0
SC 13G/A
Jan 27, 2022
blackrock inc.
17.8%
10,228,267
SC 13G/A
Jan 26, 2022
blackrock inc.
17.8%
10,228,267
SC 13G/A

Recent SEC filings of Ellington Financial Inc

View All Filings
Date Filed Form Type Document
Apr 24, 2024
8-K
Current Report
Apr 08, 2024
ARS
ARS
Apr 08, 2024
8-K
Current Report
Apr 05, 2024
DEFA14A
DEFA14A
Apr 05, 2024
DEF 14A
DEF 14A
Mar 28, 2024
8-K
Current Report
Mar 26, 2024
PRE 14A
PRE 14A
Mar 07, 2024
8-K
Current Report
Mar 07, 2024
8-K
Current Report
Feb 29, 2024
10-K
Annual Report

Peers (Alternatives to Ellington Financial Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
80.0B
11.1B
-13.07% -16.56%
58.53
7.18
4.04% -19.43%
40.6B
7.0B
-11.42% -23.94%
27.05
5.82
-0.07% -10.36%
27.2B
2.8B
4.23% 7.77%
29.28
9.82
6.73% -18.30%
20.0B
3.0B
-8.98% -5.30%
103.7
6.76
10.44% -74.28%
13.2B
1.6B
0.36% 10.41%
30.48
8.2
7.80% 39.39%
10.8B
1.3B
-3.17% -3.56%
29.5
8.13
8.04% -24.50%
9.7B
3.3B
-2.61% 16.43%
50.75
2.95
5.31% -77.32%
MID-CAP
8.5B
1.1B
0.64% 5.62%
35.79
7.49
5.38% -38.52%
3.4B
884.1M
-8.25% 61.48%
-12.34
3.83
2.90% -314.82%
3.3B
899.4M
-5.88% 123.69%
-5.81
3.64
-0.45% -623.11%
SMALL-CAP
1.3B
441.2M
-1.89% 16.07%
19.98
2.93
4.38% 15.77%
1.2B
198.2M
-0.86% 4.68%
-7.41
5.71
-43.33% -270.70%
1.1B
605.6M
-4.62% 2.48%
13.66
1.81
25.53% 134.62%
642.3M
258.7M
-1.26% -30.71%
-13.2
2.48
0.11% 83.70%
414.8M
277.9M
-10.27% -17.45%
-26.16
1.49
44.33% 96.06%

Ellington Financial Inc News

Latest updates
Business Wire • 24 Apr 2024 • 08:43 pm
Zacks Investment Research • 03 Apr 2024 • 07:00 am

Ellington Financial Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue2.6%99.0096.0088.0087.0090.0079.0063.0051.0049.0040.0046.0040.0039.0043.0039.0052.0045.0040.0039.0036.0036.00
Operating Expenses71.7%68.0039.0043.0038.0038.0014.0013.0020.0017.0016.0019.0012.0012.0010.0012.0010.0012.008.0010.009.0027.00
EBITDA Margin-10.8%0.53*0.60*0.60*0.49*0.41*0.41*0.57*0.97*1.24*1.48*1.58*1.68*---------
Interest Expenses1.7%28.0028.0025.0028.0030.0037.0037.0037.0038.0030.0035.0029.0027.0030.0025.0030.0024.0020.0019.0018.0016.00
Income Taxes-42.4%0.000.000.000.00-2.85-0.08-7.82-6.960.00-2.003.002.008.002.002.00-0.551.000.000.00--
Earnings Before Taxes18.4%17.0014.0017.0041.0033.00-4.30-46.01-7.959.0019.0021.0037.0047.0041.0036.00-12212.0016.0012.0015.00-
EBT Margin-17.5%0.24*0.29*0.25*0.08*-0.09*-0.21*-0.13*0.22*0.49*0.75*0.87*1.00*---------
Net Income-14.2%6.007.0011.0045.0014.00-33.29-61.45-6.5034.0021.0036.0041.0063.0046.0037.00-12911.0017.0013.0015.00-2.22
Net Income Margin-13.7%0.18*0.21*0.11*-0.11*-0.31*-0.28*-0.06*0.45*0.76*0.98*1.11*1.16*---------
Free Cashflow-11.4%-78.95-70.89-43.35-48.66-27.52-11.1348.0033.00-7.5415.0035.009.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets6.0%15,31614,44514,30314,11214,0866,3436,1795,8275,1774,4204,2834,1073,4143,3513,2373,7784,3383,6273,1282,8713,971
    Cash Equivalents31.1%22917519518921720.0022436493.0010413515011212714713772.0033.0043.0056.0045.00
Liabilities5.1%13,78013,10812,95812,73712,8655,1624,9444,5043,8543,3253,3283,1642,4922,4792,3992,9683,4702,9582,5342,2783,376
  Long Term Debt43.8%273190185185192-86.0086.0086.0086.0086.0086.0086.0085.0085.0085.0085.0085.0085.0085.0085.00
Shareholder's Equity15.5%1,5171,3131,3451,3751,1961,1811,2341,3231,3241,095955943922872838809869669593592595
  Retained Earnings-5.9%-353-333-309-282-290-285-225-133-97.28-105-103-116-141-191-226-252-103-99.22-102-102-
Shares Outstanding21.6%83.0068.0067.0067.0064.0060.0060.0060.0057.0052.0044.0044.00---------
Minority Interest-22.5%19.0024.0022.0025.0025.0025.0026.0029.0032.0032.0032.0034.0036.0037.0037.0035.0039.0034.0031.0030.0031.00
Float---882---832---778---479---478--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-11.4%-78.95-70.89-43.35-48.66-27.52-11.1348.0033.00-7.5415.0035.009.0037.0016.0038.0029.0023.0013.0022.0021.00-73.13
  Share Based Compensation-0.00---0.000.000.000.001.00---0.000.000.000.000.000.000.000.000.00
Cashflow From Investing2059.1%29614.00-116-18.73-166-276-716-592-803-342-288-590-206-134420428-951-408-240-64.56-
Cashflow From Financing-538.3%-16337.0016636.0024123952983080029723961915499.00-447-39296738620555.0064.00
  Dividend Payments14.2%42.0037.0036.0034.0032.0031.0031.0029.0027.0024.0019.0015.0014.0014.0016.0021.0015.0014.0013.0012.0013.00
  Buy Backs---0.0012.001.001.001.00------1.530.003.003.00---1.006.00

EFC Income Statement

2023-12-31
Consolidated Statement of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Net Interest Income   
Interest income$ 370,172$ 282,218[1]$ 175,505
Interest expense(262,451)(141,777)[1](44,030)
Total net interest income107,721140,441[1]131,475
Other Income (Loss)   
Realized gains (losses) on securities and loans, net(93,993)(105,449)[1]5,017
Realized gains (losses) on financial derivatives, net40,054120,489[1]11,502
Realized gains (losses) on real estate owned, net(5,229)490[1]1,711
Unrealized gains (losses) on securities and loans, net171,296(475,807)[1](30,802)
Unrealized gains (losses) on financial derivatives, net(15,060)53,891[1]10,355
Unrealized gains (losses) on real estate owned, net2,177(485)[1](1,259)
Unrealized gains (losses) on other secured borrowings, at fair value, net(51,554)258,140[1]15,844
Unrealized gains (losses) on unsecured borrowings, at fair value14618,165[1]0
Net change from reverse mortgage loans, at fair value503,831199,189[1]0
Net change related to HMBS obligations, at fair value(451,598)(162,381)[1]0
Bargain purchase gain28,1757,9320
Other, net40,9545,379[1]7,194
Total other income (loss)169,199(80,447)[1]19,562
Expenses   
Base management fee to affiliate (Net of fee rebates of $473, $1,612, and $2,593, respectively)(2)[2]20,41916,847[1]13,422
Incentive fee to affiliate00[1]15,658
Other investment related expenses   
Servicing expense20,3648,123[1]4,422
Debt issuance costs related to Other secured borrowings, at fair value06,291[1]5,290
Debt issuance costs related to unsecured borrowings, at fair value03,615[1]0
Other16,86012,920[1]8,832
Professional fees21,1646,378[1]5,416
Compensation and benefits78,43421,094[1]6,714
Other expenses30,4699,697[1]6,658
Total expenses187,71084,965[1]65,441
Net Income (Loss) before Income Tax Expense (Benefit) and Earnings (Losses) from Investments in Unconsolidated Entities89,210(24,971)[1]85,596
Income tax expense (benefit)457(17,716)[1]3,144
Earnings (losses) from investments in unconsolidated entities(855)(63,614)[1]58,104
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total87,898(70,869)[1]140,556
Net income (loss) attributable to non-controlling interests3,814(822)[1]7,093
Dividends on preferred stock23,18215,292[1]8,117
Net Income (Loss) Attributable to Common Stockholders$ 60,902$ (85,339)[1]$ 125,346
Net Income (Loss) per Share of Common Stock:   
Basic and Diluted (USD per share)$ 0.89$ (1.43)[1]$ 2.58
[1]Conformed to current period presentation.
[2]See Note 16 for further details on management fee rebates.

EFC Balance Sheet

2023-12-31
Consolidated Balance Sheet - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets  
Cash and cash equivalents[1]$ 228,927$ 217,053
Restricted cash[1]1,6184,816
Securities, at fair value(1)(2)[1],[2]1,518,3771,459,465
Loans, at fair value(1)(2)[1],[2]12,306,63611,626,008
Loan commitments, at fair value2,5843,060
Forward MSR-related investments, at fair value163,3360
Mortgage servicing rights, at fair value29,5808,108
Investments in unconsolidated entities, at fair value(1)[1]116,414127,046
Real estate owned(1)(2)[1],[2]22,08528,403
Financial derivatives—assets, at fair value143,996132,518
Reverse repurchase agreements173,145226,444
Due from brokers51,88436,761
Investment related receivables(1)[1]480,249139,413
Other assets(1)[1]77,09976,791
Total Assets15,315,93014,085,886
Liabilities  
Securities sold short, at fair value154,303209,203
Repurchase agreements(1)[1]2,967,4372,609,685
Financial derivatives—liabilities, at fair value61,77654,198
Due to brokers62,44234,507
Investment related payables37,40349,323
Other secured borrowings(1)[1]245,827276,058
Other secured borrowings, at fair value(1)[1]1,424,6681,539,881
HMBS-related obligations, at fair value8,423,2357,787,155
Unsecured borrowings, at fair value272,765191,835
Base management fee payable to affiliate5,6604,641
Incentive fee payable to affiliate00
Dividends payable11,52812,243
Interest payable(1)[1]22,93322,452
Accrued expenses and other liabilities(1)[1]90,34173,819
Total Liabilities13,780,31812,865,000
Commitments and contingencies 
ANALYSIS OF EQUITY:  
Preferred stock, par value $0.001 per share, 100,000,000 shares authorized; 14,757,222 and 9,420,421 shares issued and outstanding, and $368,931 and $235,511 aggregate liquidation preference, respectively355,551227,432
Common stock, par value $0.001 per share, 200,000,000 and 100,000,000 shares authorized, respectively; 83,000,488 and 63,812,215 shares issued and outstanding, respectively8364
Additional paid-in-capital1,514,7971,259,352
Retained earnings (accumulated deficit)(353,360)(290,881)
Total Stockholders' Equity1,517,0711,195,967
Non-controlling interests(1)[1]18,54124,919
Total Equity1,535,6121,220,886
Total Liabilities and Equity$ 15,315,930$ 14,085,886
[1]Ellington Financial Inc.'s Consolidated Balance Sheets include assets and liabilities of variable interest entities it has consolidated. See Note 12 for additional details on Ellington Financial Inc.'s consolidated variable interest entities.
[2]Includes assets pledged as collateral to counterparties. See Note 14 for additional details on the Company's borrowings and related collateral.
EFC
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 residential mortgage loans; RMBS for which the principal and interest payments are guaranteed by the U.S. government agency or the U.S. government-sponsored entity; residential mortgage loans; commercial mortgage-backed securities; and commercial mortgage loans and other commercial real estate debt. It also provides collateralized loan obligations; mortgage-related and non-mortgage-related derivatives; corporate debt and equity securities; corporate loans; and other strategic investments. In addition, the company offers consumer loans and asset-backed securities backed by consumer and commercial assets. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Ellington Financial LLC was incorporated in 2007 and is based in Old Greenwich, Connecticut.
0
 CEO
 WEBSITEellingtonfinancial.com
 INDUSTRYREIT Mortgage

Ellington Financial Inc Frequently Asked Questions


What is the ticker symbol for Ellington Financial Inc? What does EFC stand for in stocks?

EFC is the stock ticker symbol of Ellington Financial Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Ellington Financial Inc (EFC)?

As of Fri Apr 26 2024, market cap of Ellington Financial Inc is 997.42 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of EFC stock?

You can check EFC's fair value in chart for subscribers.

What is the fair value of EFC stock?

You can check EFC's fair value in chart for subscribers. The fair value of Ellington Financial Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Ellington Financial Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for EFC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Ellington Financial Inc a good stock to buy?

The fair value guage provides a quick view whether EFC is over valued or under valued. Whether Ellington Financial Inc is cheap or expensive depends on the assumptions which impact Ellington Financial Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for EFC.

What is Ellington Financial Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 26 2024, EFC's PE ratio (Price to Earnings) is 14.72 and Price to Sales (PS) ratio is 2.69. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. EFC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Ellington Financial Inc's stock?

In the past 10 years, Ellington Financial Inc has provided 0.026 (multiply by 100 for percentage) rate of return.