Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Ellington Financial Inc (NYSE: EFC) was $12.80 for the day, up 1.03% from the previous closing price of $12.67. In other words, the price has increased by $1.03 from its previous closing price. On the day, 0.62 million shares were traded. EFC stock price reached its highest trading level at $12.885 during the session, while it also had its lowest trading level at $12.63.
Ratios:
Our analysis of EFC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.16. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1209767808 and an Enterprise Value of 15444241408. As of this moment, Ellington’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.28, and their Forward P/E ratio for the next fiscal year is 7.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.75 while its Price-to-Book (P/B) ratio in mrq is 0.94. Its current Enterprise Value per Revenue stands at 50.083.
Stock Price History:
The Beta on a monthly basis for EFC is 0.98, which has changed by 0.05523491 over the last 52 weeks, in comparison to a change of 0.092761636 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 0.96%, while the 200-Day Moving Average is calculated to be 0.80%.
Shares Statistics:
EFC traded an average of 992.01K shares per day over the past three months and 691170 shares per day over the past ten days. 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. Shares short for EFC as of 1748563200 were 6008840 with a Short Ratio of 6.06, compared to 1745971200 on 5230634. Therefore, it implies a Short% of Shares Outstanding of 6008840 and a Short% of Float of 7.739999999999999.
Dividends & Splits
With its trailing 12-month dividend rate of 1.56, EFC has a forward annual dividend rate of 1.56. Against a Trailing Annual Dividend Yield of 0.123125486The stock’s 5-year Average Dividend Yield is 11.62.
