Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of Ellington Financial Inc (NYSE: EFC) was $13.14 for the day, down -0.08% from the previous closing price of $13.15. In other words, the price has decreased by -$0.08 from its previous closing price. On the day, 0.76 million shares were traded. EFC stock price reached its highest trading level at $13.16 during the session, while it also had its lowest trading level at $13.01.
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 5.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.17. In the meantime, Its Debt-to-Equity ratio is 8.50 whereas as Long-Term Debt/Eq ratio is at 5.96.
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 Jul 02 ’24 when Vranos Michael W sold 5,900 shares for $12.12 per share. The transaction valued at 71,508 led to the insider holds 179,655 shares of the business.
Vranos Michael W sold 8,300 shares of EFC for $100,873 on Jun 17 ’24. The Co-Chief Investment Officer now owns 160,874 shares after completing the transaction at $12.15 per share. On Jun 14 ’24, another insider, Vranos Michael W, who serves as the Co-Chief Investment Officer of the company, sold 8,300 shares for $12.11 each. As a result, the insider received 100,512 and left with 169,174 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 1143130112 and an Enterprise Value of 14328725504. As of this moment, Ellington’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.00, and their Forward P/E ratio for the next fiscal year is 8.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.57. 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 0.93. Its current Enterprise Value per Revenue stands at 51.22.
Stock Price History:
Over the past 52 weeks, EFC has reached a high of $13.50, while it has fallen to a 52-week low of $10.88. The 50-Day Moving Average of the stock is 3.27%, while the 200-Day Moving Average is calculated to be 7.10%.
Shares Statistics:
EFC traded an average of 970.03K shares per day over the past three months and 832500 shares per day over the past ten days. A total of 86.93M shares are outstanding, with a floating share count of 84.03M. Insiders hold about 3.34% of the company’s shares, while institutions hold 57.72% stake in the company. Shares short for EFC as of 1723680000 were 4147273 with a Short Ratio of 4.28, compared to 1721001600 on 4726295. Therefore, it implies a Short% of Shares Outstanding of 4147273 and a Short% of Float of 5.87.
Dividends & Splits
With its trailing 12-month dividend rate of 1.72, EFC has a forward annual dividend rate of 1.68. Against a Trailing Annual Dividend Yield of 0.13079849The stock’s 5-year Average Dividend Yield is 11.82.
