Market Insights: Ellington Financial Inc (EFC)’s Notable Gain of 0.59, Closing at 11.90

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.

As of close of business last night, Ellington Financial Inc’s stock clocked out at $11.90, up 0.59% from its previous closing price of $11.83. In other words, the price has increased by $0.59 from its previous closing price. On the day, 0.7 million shares were traded. EFC stock price reached its highest trading level at $11.91 during the session, while it also had its lowest trading level at $11.84.

Ratios:

To gain a deeper understanding of EFC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.53. In the meantime, Its Debt-to-Equity ratio is 8.58 whereas as Long-Term Debt/Eq ratio is at 5.87.

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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 14 ’23 when Mumford Lisa sold 21,180 shares for $13.06 per share. The transaction valued at 276,611 led to the insider holds 63,540 shares of the business.

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 1012173504 and an Enterprise Value of 14064643072. As of this moment, Ellington’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.96, and their Forward P/E ratio for the next fiscal year is 7.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.42 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 56.945.

Stock Price History:

Over the past 52 weeks, EFC has reached a high of $14.21, while it has fallen to a 52-week low of $10.88. The 50-Day Moving Average of the stock is 3.82%, while the 200-Day Moving Average is calculated to be -4.17%.

Shares Statistics:

It appears that EFC traded 999.55K shares on average per day over the past three months and 752970 shares per day over the past ten days. A total of 83.00M shares are outstanding, with a floating share count of 80.95M. Insiders hold about 4.83% of the company’s shares, while institutions hold 55.34% stake in the company. Shares short for EFC as of 1714435200 were 4932562 with a Short Ratio of 4.93, compared to 1711584000 on 4612692. Therefore, it implies a Short% of Shares Outstanding of 4932562 and a Short% of Float of 7.17.

Dividends & Splits

With its trailing 12-month dividend rate of 1.78, EFC has a forward annual dividend rate of 1.76. Against a Trailing Annual Dividend Yield of 0.15046492The stock’s 5-year Average Dividend Yield is 11.66.

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