In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Ellington Financial Inc (NYSE: EFC) closed at $13.75 down -0.15% from its previous closing price of $13.77. In other words, the price has decreased by -$0.15 from its previous closing price. On the day, 1.11 million shares were traded. EFC stock price reached its highest trading level at $13.87 during the session, while it also had its lowest trading level at $13.75.
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 5.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 85.00. 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:
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.
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 1373541120 and an Enterprise Value of 15974744064. As of this moment, Ellington’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.34, and their Forward P/E ratio for the next fiscal year is 7.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.84 while its Price-to-Book (P/B) ratio in mrq is 1.01. Its current Enterprise Value per Revenue stands at 51.122.
Stock Price History:
The Beta on a monthly basis for EFC is 0.99, which has changed by 0.044832826 over the last 52 weeks, in comparison to a change of 0.15005577 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 5.25%, while the 200-Day Moving Average is calculated to be 7.83%.
Shares Statistics:
For the past three months, EFC has traded an average of 1.00M shares per day and 1327210 over the past ten days. A total of 97.89M shares are outstanding, with a floating share count of 97.41M. Insiders hold about 2.49% of the company’s shares, while institutions hold 52.12% stake in the company. Shares short for EFC as of 1753920000 were 5683658 with a Short Ratio of 5.67, compared to 1751241600 on 5787380. Therefore, it implies a Short% of Shares Outstanding of 5683658 and a Short% of Float of 7.0199996.
Dividends & Splits
According to the company, the forward annual dividend rate for EFC is 1.56, from 1.56 in the trailing year. Against a Trailing Annual Dividend Yield of 0.11328975The stock’s 5-year Average Dividend Yield is 11.59.
