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.
Ellington Financial Inc (NYSE: EFC) closed the day trading at $11.53 down -4.71% from the previous closing price of $12.10. In other words, the price has decreased by -$4.71 from its previous closing price. On the day, 1.87 million shares were traded. EFC stock price reached its highest trading level at $11.94 during the session, while it also had its lowest trading level at $11.31.
Ratios:
For a better understanding of EFC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.15. In the meantime, Its Debt-to-Equity ratio is 9.04 whereas as Long-Term Debt/Eq ratio is at 6.34.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
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 1097209728 and an Enterprise Value of 15047085056. As of this moment, Ellington’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.52, and their Forward P/E ratio for the next fiscal year is 6.77. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.65 while its Price-to-Book (P/B) ratio in mrq is 0.84. Its current Enterprise Value per Revenue stands at 49.623.
Stock Price History:
The Beta on a monthly basis for EFC is 1.02, which has changed by 0.030384302 over the last 52 weeks, in comparison to a change of 0.028231144 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 $10.88. The 50-Day Moving Average of the stock is -11.60%, while the 200-Day Moving Average is calculated to be -9.20%.
Shares Statistics:
Over the past 3-months, EFC traded about 1.18M shares per day on average, while over the past 10 days, EFC traded about 1607000 shares per day. A total of 90.68M shares are outstanding, with a floating share count of 88.45M. Insiders hold about 2.45% of the company’s shares, while institutions hold 56.81% stake in the company. Shares short for EFC as of 1741910400 were 4689640 with a Short Ratio of 4.36, compared to 1739491200 on 4878980. Therefore, it implies a Short% of Shares Outstanding of 4689640 and a Short% of Float of 6.3.
Dividends & Splits
EFC’s forward annual dividend rate is 1.56, up from 1.6 a year ago. Against a Trailing Annual Dividend Yield of 0.1322314The stock’s 5-year Average Dividend Yield is 11.73.
