Research Analysts’ Weekly Ratings Updates for Ellington Financial (EFC)

A number of firms have modified their ratings and price targets on shares of Ellington Financial (NYSE: EFC) recently:

  • 11/13/2017 – Ellington Financial was given a new $17.00 price target on by analysts at Keefe, Bruyette & Woods. They now have a “hold” rating on the stock.
  • 11/9/2017 – Ellington Financial was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” rating. According to Zacks, “Ellington Financial LLC is a finance company that engages in acquiring and managing mortgage-related assets, including residential mortgage backed securities, prime jumbo, Alternative A-paper and subprime residential mortgage loans. The Company’s targeted assets also include mortgage-related derivatives, corporate debt and equity securities and derivatives. Ellington Financial LLC is headquartered in Old Greenwich, USA. “
  • 11/8/2017 – Ellington Financial had its price target lowered by analysts at Deutsche Bank AG from $18.00 to $17.00. They now have a “buy” rating on the stock.
  • 11/8/2017 – Ellington Financial was downgraded by analysts at B. Riley from a “buy” rating to a “neutral” rating. They now have a $16.00 price target on the stock, down previously from $17.50.
  • 11/1/2017 – Ellington Financial had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $16.00 price target on the stock, down previously from $17.50.
  • 10/9/2017 – Ellington Financial had its “buy” rating reaffirmed by analysts at Maxim Group. They now have a $20.00 price target on the stock.
  • 10/9/2017 – Ellington Financial was upgraded by analysts at Zacks Investment Research from a “strong sell” rating to a “hold” rating. According to Zacks, “Ellington Financial LLC is a finance company that engages in acquiring and managing mortgage-related assets, including residential mortgage backed securities, prime jumbo, Alternative A-paper and subprime residential mortgage loans. The Company’s targeted assets also include mortgage-related derivatives, corporate debt and equity securities and derivatives. Ellington Financial LLC is headquartered in Old Greenwich, USA. “

Ellington Financial LLC (NYSE:EFC) traded up $0.13 during trading on Tuesday, reaching $15.33. The company had a trading volume of 64,500 shares, compared to its average volume of 79,975. The stock has a market cap of $484.97, a PE ratio of 13.33 and a beta of 0.41. Ellington Financial LLC has a 1 year low of $14.76 and a 1 year high of $17.00. The company has a current ratio of 2.86, a quick ratio of 2.86 and a debt-to-equity ratio of 1.90.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 10.70%. The ex-dividend date of this dividend is Thursday, November 30th. Ellington Financial’s dividend payout ratio is presently 206.90%.

Receive News & Ratings for Ellington Financial LLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ellington Financial LLC and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply