Ellington Financial (NYSE:EFC) Issues Earnings Results

Ellington Financial (NYSE:EFC - Get Free Report) released its quarterly earnings results on Wednesday. The financial services provider reported $999.00 EPS for the quarter, topping the consensus estimate of $0.44 by $998.56, Zacks reports. Ellington Financial had a return on equity of 14.55% and a net margin of 89.04%.Get Ellington Financial alerts:Ellington Financial Stock Up 0.6%NYSE EFC traded up $0.08 during trading hours on Wednesday, hitting $12.54. 1,858,583 shares of the company were exchanged, compared to its average volume of 2,289,027. The company has a quick ratio of 50.60, a current ratio of 50.60 and a debt-to-equity ratio of 10.64. The firm has a market cap of $1.45 billion, a price-to-earnings ratio of 9.35 and a beta of 0.95. The company has a 50 day moving average of $13.39 and a two-hundred day moving average of $13.49. Ellington Financial has a 52-week low of $11.12 and a 52-week high of $14.40. Ellington Financial Dividend AnnouncementThe business also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be paid a dividend of $0.13 per share. This represents a c) annualized dividend and a yield of 12.4%. The ex-dividend date of this dividend is Friday, February 27th. Ellington Financial's payout ratio is presently 116.42%. Institutional Trading of Ellington FinancialLarge investors have recently made changes to their positions in the company. Creative Planning lifted its stake in Ellington Financial by 29.8% in the third quarter. Creative Planning now owns 17,571 shares of the financial services provider's stock worth $228,000 after acquiring an additional 4,033 shares during the last quarter. Maryland State Retirement & Pension System increased its position in shares of Ellington Financial by 11.3% in the 4th quarter. Maryland State Retirement & Pension System now owns 15,986 shares of the financial services provider's stock valued at $217,000 after purchasing an additional 1,625 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Ellington Financial by 117.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 16,631 shares of the financial services provider's stock valued at $216,000 after purchasing an additional 8,971 shares in the last quarter. Cerity Partners LLC purchased a new stake in shares of Ellington Financial during the 4th quarter worth $208,000. Finally, State of Wyoming purchased a new stake in shares of Ellington Financial during the 4th quarter worth $208,000. 55.62% of the stock is currently owned by hedge funds and other institutional investors. Wall Street Analyst Weigh InSeparately, Weiss Ratings reissued a "hold (c)" rating on shares of Ellington Financial in a research note on Wednesday, January 21st. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $14.55.Read Our Latest Stock Analysis on EFCAbout Ellington Financial (Get Free Report)Ellington Financial, Inc NYSE: EFC is a mortgage real estate investment trust (REIT) that focuses on generating attractive risk-adjusted returns through investments in residential and commercial mortgage-related assets. Established in 2013, the company is externally managed by Ellington Financial Management, L.P., a subsidiary of Ellington Management Group, an alternative asset management firm. EFC's core strategy centers on actively acquiring and managing agency and non-agency residential mortgage-backed securities (MBS), mortgage servicing rights, residential whole loans, and other structured finance instruments, including asset-backed securities and commercial mortgage-backed securities (CMBS). The company employs leverage and structured financing tools—such as repurchase agreements and secured credit facilities—to enhance portfolio yield while maintaining focus on risk mitigation.Further ReadingFive stocks we like better than Ellington FinancialThe gold chart Wall Street is terrified of…America’s 1776 happening againThis makes me furiousBuy this Gold Stock Before May 2026What a Former CIA Agent Knows About the Coming CollapseThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. 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