Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Ellington Financial Inc (NYSE: EFC) closed at $12.57 up 0.56% from its previous closing price of $12.50. In other words, the price has increased by $0.56 from its previous closing price. On the day, 0.66 million shares were traded.
Ratios:
For a deeper understanding of Ellington Financial Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.05. 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 8.99 whereas as Long-Term Debt/Eq ratio is at 6.32.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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. On Jul 02 ’24, another insider, Vranos Michael W, who serves as the Co-Chief Investment Officer of the company, sold 5,900 shares for $12.12 each. As a result, the insider received 71,508 and left with 179,655 shares of the company.
Valuation Measures:
As of this moment, Ellington’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.11, and their Forward P/E ratio for the next fiscal year is 7.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.70 while its Price-to-Book (P/B) ratio in mrq is 0.93.
Stock Price History:
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 -1.05%, while the 200-Day Moving Average is calculated to be -1.14%.
Shares Statistics:
A total of 94.43M shares are outstanding, with a floating share count of 92.16M. Insiders hold about 2.49% of the company’s shares, while institutions hold 55.25% stake in the company.
Earnings Estimates
Investors are keenly observing as 4.0 analysts analyze and rate the current performance of Ellington Financial Inc (EFC) in the stock market.The consensus estimate for the next quarter is $0.41, with high estimates of $0.42 and low estimates of $0.4.
Analysts are recommending an EPS of between $1.65 and $1.57 for the fiscal current year, implying an average EPS of $1.62. EPS for the following year is $1.71, with 5.0 analysts recommending between $1.75 and $1.66.
Revenue Estimates
A total of 4 analysts believe the company’s revenue will be $112.48M this quarter.It ranges from a high estimate of $115.6M to a low estimate of $105.4M. As of the current estimate, Ellington Financial Inc’s year-ago sales were $100.47MFor the next quarter, 4 analysts are estimating revenue of $114.37M. There is a high estimate of $118.26M for the next quarter, whereas the lowest estimate is $108.7M.
A total of 4 analysts have provided revenue estimates for EFC’s current fiscal year. The highest revenue estimate was $468.49M, while the lowest revenue estimate was $440.2M, resulting in an average revenue estimate of $456.79M. In the same quarter a year ago, actual revenue was $416.01MBased on 4 analysts’ estimates, the company’s revenue will be $462.31M in the next fiscal year. The high estimate is $485.87M and the low estimate is $451.2M.
