Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Ellington Financial Inc (NYSE: EFC) closed at $12.97 in the last session, down -0.61% from day before closing price of $13.05. In other words, the price has decreased by -$0.61 from its previous closing price. On the day, 1.72 million shares were traded. EFC stock price reached its highest trading level at $13.14 during the session, while it also had its lowest trading level at $12.86.
Ratios:
We take a closer look at EFC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 80.18. For the most recent quarter (mrq), Quick Ratio is recorded 0.17 and its Current Ratio is at 0.18. In the meantime, Its Debt-to-Equity ratio is 8.93 whereas as Long-Term Debt/Eq ratio is at 6.39.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. In the most recent recommendation for this company, UBS on December 06, 2023, initiated with a Neutral rating and assigned the stock a target price of $13.50.
On October 19, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $15.
Keefe Bruyette Upgraded its Mkt Perform to Outperform on May 15, 2023, while the target price for the stock was maintained at $13.75.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 15 ’24 when Vranos Michael W sold 14,361 shares for $12.58 per share. The transaction valued at 180,647 led to the insider holds 153,998 shares of the business.
Vranos Michael W sold 14,000 shares of EFC for $174,706 on Oct 14 ’24. The Co-Chief Investment Officer now owns 168,359 shares after completing the transaction at $12.48 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EFC now has a Market Capitalization of 1295623808 and an Enterprise Value of 15896826880. As of this moment, Ellington’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.69, and their Forward P/E ratio for the next fiscal year is 7.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.68 while its Price-to-Book (P/B) ratio in mrq is 0.95. Its current Enterprise Value per Revenue stands at 50.872.
Stock Price History:
The Beta on a monthly basis for EFC is 1.00, which has changed by -0.00077039003 over the last 52 weeks, in comparison to a change of 0.15535986 over the same period for the S&P500. Over the past 52 weeks, EFC has reached a high of $14.40, while it has fallen to a 52-week low of $11.12. The 50-Day Moving Average of the stock is -2.98%, while the 200-Day Moving Average is calculated to be 0.37%.
Shares Statistics:
According to the various share statistics, EFC traded on average about 1.24M shares per day over the past 3-months and 1792760 shares per day over the past 10 days. A total of 97.89M shares are outstanding, with a floating share count of 96.73M. Insiders hold about 3.16% of the company’s shares, while institutions hold 52.21% stake in the company. Shares short for EFC as of 1756425600 were 5069210 with a Short Ratio of 4.09, compared to 1753920000 on 5683658. Therefore, it implies a Short% of Shares Outstanding of 5069210 and a Short% of Float of 6.1100002.
Dividends & Splits
The forward annual dividend rate for EFC is 1.56, which was 1.56 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.11954022. The stock’s 5-year Average Dividend Yield is 11.59.
Earnings Estimates
. The current market rating for Ellington Financial Inc (EFC) reflects the collective analysis of 6.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.44, with high estimates of $0.45 and low estimates of $0.42.
Analysts are recommending an EPS of between $1.8 and $1.69 for the fiscal current year, implying an average EPS of $1.73. EPS for the following year is $1.78, with 5.0 analysts recommending between $1.85 and $1.72.
Revenue Estimates
According to 3 analysts,. The current quarter’s revenue is expected to be $121.99M. It ranges from a high estimate of $127M to a low estimate of $118.18M. As of. The current estimate, Ellington Financial Inc’s year-ago sales were $107.28MFor the next quarter, 3 analysts are estimating revenue of $124.25M. There is a high estimate of $127M for the next quarter, whereas the lowest estimate is $121.34M.
A total of 3 analysts have provided revenue estimates for EFC’s current fiscal year. The highest revenue estimate was $486M, while the lowest revenue estimate was $470.9M, resulting in an average revenue estimate of $479.5M. In the same quarter a year ago, actual revenue was $416.01MBased on 3 analysts’ estimates, the company’s revenue will be $510.85M in the next fiscal year. The high estimate is $522.7M and the low estimate is $500M.
