Headlines about Ellington Financial (NYSE:EFC) have been trending somewhat positive on Tuesday, Accern Sentiment reports. Accern identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ellington Financial earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 45.3150244020059 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

A number of equities analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Ellington Financial from a “strong sell” rating to a “hold” rating in a research report on Monday, October 9th. Maxim Group restated a “buy” rating and set a $20.00 target price on shares of Ellington Financial in a research report on Monday, October 9th. B. Riley lowered shares of Ellington Financial from a “buy” rating to a “neutral” rating and cut their price objective for the company from $17.50 to $16.00 in a research report on Wednesday, November 8th. Keefe, Bruyette & Woods set a $17.00 price objective on shares of Ellington Financial and gave the company a “hold” rating in a research report on Monday, November 13th. Finally, Deutsche Bank cut their price objective on shares of Ellington Financial from $18.00 to $17.00 and set a “buy” rating for the company in a research report on Wednesday, November 8th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company’s stock. Ellington Financial presently has an average rating of “Buy” and a consensus price target of $17.25.

Ellington Financial (EFC) opened at $14.76 on Tuesday. The company has a debt-to-equity ratio of 1.91, a current ratio of 3.90 and a quick ratio of 3.90. The firm has a market cap of $477.63, a P/E ratio of 13.13 and a beta of 0.41. Ellington Financial has a 52-week low of $14.45 and a 52-week high of $17.00.

Ellington Financial (NYSE:EFC) last posted its quarterly earnings data on Monday, November 6th. The financial services provider reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.06). Ellington Financial had a net margin of 31.55% and a return on equity of 5.79%. analysts forecast that Ellington Financial will post 1.07 EPS for the current year.

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Ellington Financial Company Profile

Ellington Financial LLC is a specialty finance company that acquires and manages mortgage-related and other financial assets. The Company’s targeted assets include residential mortgage-backed securities (RMBS), backed by loans for which the principal and interest payments are not guaranteed by a United States Government agency or a United States Government-sponsored entity, collectively referred to as non-Agency RMBS; RMBS for which the principal and interest payments are guaranteed by the United States government agency or the United States government-sponsored entity (Agency RMBS); consumer loans and asset-backed securities (ABS) backed by consumer loans; commercial mortgage-backed securities (CMBS) commercial mortgage loans and other commercial real estate debt; residential mortgage loans; collateralized loan obligations (CLOs); corporate debt and equity, including distressed debt and equity, and mortgage-related derivatives.

Insider Buying and Selling by Quarter for Ellington Financial (NYSE:EFC)

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