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

12.12USD+0.03 (+0.25%)Delayed as of 17 May 2024, 12:53 pm ET

Market Summary

USD12.12+0.03

Delayedas of 17 May 2024, 12:53 pm

0.25%

EFC Alerts

Big fall in earnings (Y/Y)

EFC Stock Price

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EFC RSI Chart

EFC Valuation

Market Cap

1.0B

Price/Earnings (Trailing)

20.6

Price/Sales (Trailing)

2.67

EV/EBITDA

5.79

Price/Free Cashflow

-4.07

EFC Price/Sales (Trailing)

EFC Profitability

EBT Margin

20.74%

Return on Equity

3.21%

Return on Assets

0.33%

Free Cashflow Yield

-24.57%

EFC Fundamentals

EFC Revenue

Revenue (TTM)

384.5M

Rev. Growth (Yr)

16.46%

Rev. Growth (Qtr)

2.87%

EFC Earnings

Earnings (TTM)

49.9M

Earnings Growth (Yr)

-39.86%

Earnings Growth (Qtr)

375.7%

Breaking Down EFC Revenue

52 Week Range

11.9714.21

(Low)(High)

Last 7 days

2.2%

Last 30 days

9.6%

Last 90 days

0.1%

Trailing 12 Months

-4.6%

How does EFC drawdown profile look like?

EFC Financial Health

Debt/Equity

0.17

Debt/Cashflow

-0.93

EFC Investor Care

Dividend Yield

14.72%

Dividend/Share (TTM)

1.78

Shares Dilution (1Y)

26.62%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	384.5M	0	0	0
2023	318.3M	343.7M	361.3M	370.2M
2022	186.5M	203.3M	241.8M	282.2M
2021	161.5M	168.1M	165.2M	175.5M
2020	176.0M	176.7M	179.8M	173.5M
2019	139.0M	145.6M	150.2M	159.9M
2018	98.2M	107.5M	120.4M	131.0M
2017	81.9M	84.6M	89.5M	94.0M
2016	99.9M	93.1M	83.6M	80.2M
2015	99.2M	104.9M	109.4M	104.6M
2014	88.9M	89.5M	88.0M	93.9M
2013	66.5M	70.8M	79.4M	85.7M
2012	63.4M	62.8M	62.6M	63.9M
2011	49.6M	55.4M	60.2M	63.5M
2010	0	49.7M	47.7M	45.6M
2009	0	0	0	51.7M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Ellington Financial Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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

Which funds bought or sold EFC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	EVERGREEN CAPITAL MANAGEMENT LLC	sold off	-100	-144,856	-	-%
May 15, 2024	STATE STREET CORP	added	3.5	-1,224,970	34,262,200	-%
May 15, 2024	RAFFLES ASSOCIATES LP	added	7.32	-2,438	865,909	1.00%
May 15, 2024	Penserra Capital Management LLC	added	14.1	34,000	605,000	0.01%
May 15, 2024	Lido Advisors, LLC	new	-	637,536	637,536	-%
May 15, 2024	Voya Investment Management LLC	reduced	-15.96	-261,482	931,974	-%
May 15, 2024	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	unchanged	-	-95.00	1,240	-%
May 15, 2024	Royal Bank of Canada	reduced	-55.01	-353,000	255,000	-%
May 15, 2024	DEPRINCE RACE & ZOLLO INC	added	11.54	6,015	171,245	-%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-14.11	-7,276	28,757	-%

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

EFC Alerts

Big fall in earnings (Y/Y)

Unveiling Ellington Financial Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form 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
May 10, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
May 07, 2024	8-K	Current Report
Apr 24, 2024	8-K	Current Report
Apr 08, 2024	8-K	Current Report
Apr 08, 2024	ARS	ARS
Apr 05, 2024	DEF 14A	DEF 14A
Apr 05, 2024	DEFA14A	DEFA14A
Mar 28, 2024	8-K	Current Report
Mar 26, 2024	PRE 14A	PRE 14A

Peers (Alternatives to Ellington Financial Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	91.0B	11.2B	13.18%	0.07%	46.11	8.12	3.63%	50.79%
CCI	45.2B	6.8B	10.71%	-9.11%	32.41	6.6	-2.39%	-16.60%
AVB	28.2B	2.8B	10.69%	11.82%	29.49	10.04	5.72%	-6.47%
ARE	21.7B	3.0B	6.06%	4.24%	110.53	7.35	10.44%	-73.79%
AMH	13.4B	-	5.08%	7.08%	31.6	8.22	8.93%	11.87%
REG	11.1B	1.4B	5.53%	2.30%	29.74	8.12	10.48%	-2.93%
BXP	10.0B	3.3B	9.78%	29.48%	52	3.02	4.82%	-75.15%
MID-CAP
FRT	8.4B	1.2B	5.38%	12.34%	35.36	7.33	5.48%	-38.69%
MAC	3.5B	878.0M	1.84%	69.62%	-10.13	3.95	2.35%	-290.60%
SLG	3.4B	892.3M	10.04%	147.14%	-6.73	3.86	-5.33%	-307.54%
SMALL-CAP
AAT	1.4B	444.1M	11.94%	21.68%	20.22	3.12	3.54%	8.91%
AIV	1.2B	198.2M	6.91%	0.60%	-7.62	6.02	-43.33%	-308.08%
MFA	1.1B	650.2M	7.43%	4.37%	36.67	1.73	27.93%	140.31%
NYMT	576.6M	285.4M	-6.09%	-35.38%	-4.18	2.02	11.05%	83.70%
IVR	459.0M	277.2M	16.05%	-12.07%	-55.97	1.66	25.89%	94.64%

Ellington Financial Inc News

Latest updates

Ellington Financial Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	2.9%	102	99.00	96.00	88.00	87.00	90.00	79.00	63.00	51.00	49.00	40.00	46.00	40.00	39.00	43.00	39.00	52.00	45.00	40.00	39.00	36.00
Operating Expenses	-35.5%	44.00	68.00	39.00	43.00	38.00	38.00	14.00	13.00	20.00	17.00	16.00	19.00	12.00	12.00	10.00	12.00	10.00	12.00	8.00	10.00	9.00
EBITDA Margin	-6.6%	0.50*	0.53*	0.60*	0.60*	0.49*	0.41*	0.41*	0.57*	0.97*	1.24*	1.48*	1.58*	-	-	-	-	-	-	-	-	-
Interest Expenses	10.9%	31.00	28.00	28.00	25.00	28.00	30.00	37.00	37.00	37.00	38.00	30.00	35.00	29.00	27.00	30.00	25.00	30.00	24.00	20.00	19.00	18.00
Income Taxes	-52.7%	0.00	0.00	0.00	0.00	0.00	-2.85	-0.08	-7.82	-6.96	0.00	-2.00	3.00	2.00	8.00	2.00	2.00	-0.55	1.00	0.00	0.00	-
Earnings Before Taxes	88.6%	32.00	17.00	14.00	17.00	41.00	33.00	-4.30	-46.01	-7.95	9.00	19.00	21.00	37.00	47.00	41.00	36.00	-122	12.00	16.00	12.00	15.00
EBT Margin	-13.9%	0.21*	0.24*	0.29*	0.25*	0.08*	-0.09*	-0.21*	-0.13*	0.22*	0.49*	0.75*	0.87*	-	-	-	-	-	-	-	-	-
Net Income	375.7%	27.00	6.00	7.00	11.00	45.00	14.00	-33.29	-61.45	-6.50	34.00	21.00	36.00	41.00	63.00	46.00	37.00	-129	11.00	17.00	13.00	15.00
Net Income Margin	-29.1%	0.13*	0.18*	0.21*	0.11*	-0.11*	-0.31*	-0.28*	-0.06*	0.45*	0.76*	0.98*	1.11*	-	-	-	-	-	-	-	-	-
Free Cashflow	24.7%	-59.46	-78.95	-70.89	-43.35	-48.66	-27.52	-11.13	48.00	33.00	-7.54	15.00	35.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.2%	15,133	15,316	14,445	14,303	14,112	14,086	6,343	6,179	5,827	5,177	4,420	4,283	4,107	3,414	3,351	3,237	3,778	4,338	3,627	3,128	2,871
Cash Equivalents	-15.3%	194	229	175	195	189	217	20.00	224	364	93.00	104	135	150	112	127	147	137	72.00	33.00	43.00	56.00
Liabilities	-1.5%	13,579	13,780	13,108	12,958	12,737	12,865	5,162	4,944	4,504	3,854	3,325	3,328	3,164	2,492	2,479	2,399	2,968	3,470	2,958	2,534	2,278
Long Term Debt	-0.7%	271	273	190	185	185	192	-	86.00	86.00	86.00	86.00	86.00	86.00	86.00	85.00	85.00	85.00	85.00	85.00	85.00	85.00
Shareholder's Equity	2.4%	1,553	1,517	1,313	1,345	1,375	1,196	1,181	1,234	1,323	1,324	1,095	955	943	922	872	838	809	869	669	593	592
Retained Earnings	-2.7%	-363	-353	-333	-309	-282	-290	-285	-225	-133	-97.28	-105	-103	-116	-141	-191	-226	-252	-103	-99.22	-102	-102
Shares Outstanding	2.5%	85.00	83.00	68.00	67.00	67.00	64.00	60.00	60.00	60.00	57.00	52.00	44.00	-	-	-	-	-	-	-	-	-
Minority Interest	6.2%	20.00	19.00	24.00	22.00	25.00	25.00	25.00	26.00	29.00	32.00	32.00	32.00	34.00	36.00	37.00	37.00	35.00	39.00	34.00	31.00	30.00
Float	-	-	-	-	882	-	-	-	832	-	-	-	778	-	-	-	479	-	-	-	478	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	24.7%	-59.46	-78.95	-70.89	-43.35	-48.66	-27.52	-11.13	48.00	33.00	-7.54	15.00	35.00	9.00	37.00	16.00	38.00	29.00	23.00	13.00	22.00	21.00
Share Based Compensation	-100.0%	-	0.00	-	-	-	0.00	0.00	0.00	0.00	1.00	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cashflow From Investing	32.6%	393	296	14.00	-116	-18.73	-166	-276	-716	-592	-803	-342	-288	-590	-206	-134	420	428	-951	-408	-240	-64.56
Cashflow From Financing	-126.8%	-370	-163	37.00	166	36.00	241	239	529	830	800	297	239	619	154	99.00	-447	-392	967	386	205	55.00
Dividend Payments	-5.0%	40.00	42.00	37.00	36.00	34.00	32.00	31.00	31.00	29.00	27.00	24.00	19.00	15.00	14.00	14.00	16.00	21.00	15.00	14.00	13.00	12.00
Buy Backs	-	1.00	-	-	0.00	12.00	1.00	1.00	1.00	-	-	-	-	-	-1.53	0.00	3.00	3.00	-	-	-	1.00

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EFC Income Statement

2024-03-31

Consolidated Statement of Operations - USD ($)
$ in Thousands

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

Net Interest Income

Interest income

$ 101,520

$ 87,174

Interest expense

(70,464)

(59,617)

Total net interest income

31,056

27,557

Other Income (Loss)

Realized gains (losses) on securities and loans, net

(17,208)

(36,767)

Realized gains (losses) on financial derivatives, net

3,478

(25,447)

Realized gains (losses) on real estate owned, net

(1,372)

(56)

Unrealized gains (losses) on securities and loans, net

5,573

99,257

Unrealized gains (losses) on financial derivatives, net

30,365

2,763

Unrealized gains (losses) on real estate owned, net

(679)

Unrealized gains (losses) on other secured borrowings, at fair value, net

(12,524)

(29,680)

Unrealized gains (losses) on unsecured borrowings, at fair value

1,829

6,510

Net change from HECM reverse mortgage loans, at fair value

205,497

163,121

Net change related to HMBS obligations, at fair value

(177,982)

(131,534)

Other, net

7,508

3,504

Total other income (loss)

44,485

51,675

Expenses

Base management fee to affiliate (Net of fee rebates of $86 and $172, respectively)(2)

^[1]

5,730

4,956

Other investment related expenses

Servicing expense

5,688

4,807

Debt issuance costs related to Other secured borrowings, at fair value

3,113

Other

4,435

3,869

Professional fees

2,970

3,556

Compensation and benefits

14,643

15,049

Other expenses

7,076

5,665

Total expenses

43,655

37,902

Net Income (Loss) before Income Tax Expense (Benefit) and Earnings (Losses) from Investments in Unconsolidated Entities

31,886

41,330

Income tax expense (benefit)

Earnings (losses) from investments in unconsolidated entities

2,226

3,444

Net Income (Loss)

34,051

44,753

Net income (loss) attributable to non-controlling interests

482

720

Dividends on preferred stock

6,654

5,117

Net Income (Loss) Attributable to Common Stockholders

$ 26,915

$ 38,916

Net Income (Loss) per Share of Common Stock:

Basic and Diluted (USD per share)

$ 0.32

$ 0.58

[1]	See Note 16 for further details on management fee rebates.

EFC Balance Sheet

2024-03-31

Consolidated Balance Sheet - USD ($)
$ in Thousands

Mar. 31, 2024

Dec. 31, 2023

Assets

Cash and cash equivalents

^[1]

$ 187,467

$ 228,927

Restricted cash

^[1]

6,343

1,618

Securities, at fair value(1)(2)

^[1],[2]

1,328,848

1,518,377

Loans, at fair value(1)(2)

^[1],[2]

12,644,232

12,306,636

Loan commitments, at fair value

3,917

2,584

Forward MSR-related investments, at fair value(1)

160,009

163,336

Mortgage servicing rights, at fair value

29,889

29,580

Investments in unconsolidated entities, at fair value

^[1]

125,366

116,414

Real estate owned(1)(2)

^[1],[2]

19,999

22,085

Financial derivatives—assets, at fair value

150,343

143,996

Reverse repurchase agreements

183,607

173,145

Due from brokers

17,099

51,884

Investment related receivables(1)

^[1]

200,059

480,249

Other assets(1)

^[1]

75,422

77,099

Total Assets

15,132,600

15,315,930

Liabilities

Securities sold short, at fair value

165,118

154,303

Repurchase agreements(1)

^[1]

2,517,747

2,967,437

Financial derivatives—liabilities, at fair value

40,425

61,776

Due to brokers

62,646

62,442

Investment related payables

32,329

37,403

Other secured borrowings(1)

^[1]

180,918

245,827

Other secured borrowings, at fair value(1)

^[1]

1,569,149

1,424,668

HMBS-related obligations, at fair value

8,619,463

8,423,235

Unsecured borrowings, at fair value

270,936

272,765

Base management fee payable to affiliate

5,730

5,660

Dividends payable

15,168

11,528

Interest payable(1)

^[1]

25,177

22,933

Accrued expenses and other liabilities(1)

^[1]

74,638

90,341

Total Liabilities

13,579,444

13,780,318

Commitments and contingencies

ANALYSIS OF EQUITY:

Preferred stock, par value $0.001 per share, 100,000,000 shares authorized; 14,757,222 and 14,757,222 shares issued and outstanding, and $368,931 and $368,931 aggregate liquidation preference, respectively

355,551

Common stock, par value $0.001 per share, 200,000,000 shares authorized; 85,056,648 and 83,000,488 shares issued and outstanding, respectively

Additional paid-in-capital

1,540,857

1,514,797

Retained earnings (accumulated deficit)

(363,034)

(353,360)

Total Stockholders' Equity

1,533,459

1,517,071

Non-controlling interests(1)

^[1]

19,697

18,541

Total Equity

1,553,156

1,535,612

Total Liabilities and Equity

$ 15,132,600

$ 15,315,930

[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.

About Ellington Financial Inc

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.

CEO	Mr. Laurence Eric Penn
WEBSITE	ellingtonfinancial.com
INDUSTRY	REIT 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 Thu May 16 2024, market cap of Ellington Financial Inc is 1.03 Billion. 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 Thu May 16 2024, EFC's PE ratio (Price to Earnings) is 20.6 and Price to Sales (PS) ratio is 2.67. 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 0.025 (multiply by 100 for percentage) rate of return.