Ellington Financial Inc. (NYSE:EFC) Ratings Coverage
Among 2 analysts covering Ellington Financial (NYSE:EFC), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ellington Financial has $2000 highest and $20 lowest target. $20’s average target is 9.89% above currents $18.2 stock price. Ellington Financial had 5 analyst reports since September 27, 2019 according to SRatingsIntel. Maxim Group maintained Ellington Financial Inc. (NYSE:EFC) rating on Tuesday, October 8. Maxim Group has “Buy” rating and $20 target. Below is a list of Ellington Financial Inc. (NYSE:EFC) latest ratings and price target changes.
14/11/2019 Broker: BidaskScore Rating: Hold Upgrade
08/10/2019 Broker: Maxim Group Rating: Buy New Target: $20 Maintain
13/10/2019 Broker: BidaskScore Rating: Hold Downgrade
05/10/2019 Broker: BidaskScore Rating: Buy Upgrade
27/09/2019 Broker: Nomura Rating: Buy New Target: $20.0000 Initiates Coverage On
The stock increased 0.39% or $0.07 during the last trading session, reaching $18.2. About 177,623 shares traded. Ellington Financial Inc. (NYSE:EFC) has risen 17.46% since December 15, 2018 and is uptrending. It has outperformed by 17.46% the S&P500.
Ellington Financial LLC, through its subsidiary Ellington Financial Operating Partnership LLC, operates as a specialty finance firm in the United States. The company has market cap of $691.82 million. It primarily acquires and manages mortgage-related assets, including residential mortgage-backed securities 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; commercial mortgage loans and other commercial real estate debt; mortgage servicing rights; and real property and mortgage-related derivatives. It has a 12.9 P/E ratio. The firm also invests in corporate debt and equity securities, including distressed debt, collateralized loan obligations, and non-mortgage-related derivatives; and other financial assets, including private debt and equity investments in mortgage-related entities.
More notable recent Ellington Financial Inc. (NYSE:EFC) news were published by: Businesswire.com which released: “Ellington Financial Declares Monthly Dividend of $0.14 Per Common Share and Announces Estimated Book Value Per Common Share of $18.51 as of November 30, 2019 – Business Wire” on December 06, 2019, also Seekingalpha.com with their article: “Ellington Financial Corp.’s Strategy Outperforms, Yet The Stock Trades At A Huge Discount To Peers – Seeking Alpha” published on March 09, 2018, Nasdaq.com published: “BUZZ-U.S. STOCKS ON THE MOVE-Retail stocks, CRISPR Therapeutics, Slack Technologies – Nasdaq” on November 19, 2019. More interesting news about Ellington Financial Inc. (NYSE:EFC) were released by: Seekingalpha.com and their article: “Ellington Financial raises capital to acquire targeted assets – Seeking Alpha” published on November 18, 2019 as well as Fool.com‘s news article titled: “Ellington Financial LLC (EFC) Q3 2019 Earnings Call Transcript – Motley Fool” with publication date: November 07, 2019.
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