How should investors view Ellington Financial Inc (EFC)?

Preston Campbell

While Ellington Financial Inc has underperformed by -1.10%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, EFC rose by 11.14%, with highs and lows ranging from $14.40 to $11.12, whereas the simple moving average jumped by 3.81% in the last 200 days.

On December 06, 2023, UBS started tracking Ellington Financial Inc (NYSE: EFC) recommending Neutral. A report published by B. Riley Securities on October 19, 2023, Initiated its previous ‘Buy’ rating for EFC. Keefe Bruyette also Upgraded EFC shares as ‘Outperform’, setting a target price of $13.75 on the company’s shares in a report dated May 15, 2023. Maxim Group resumed its ‘Buy’ rating for EFC, as published in its report on October 20, 2022. Keefe Bruyette’s report from July 18, 2022 suggests a price prediction of $14.75 for EFC shares, giving the stock a ‘Mkt Perform’ rating. UBS also rated the stock as ‘Neutral’.

Analysis of Ellington Financial Inc (EFC)

A return on investment can be expected regardless of EFC’s performance over the next quarter with the dividend set at $1.56 per share. Further, the quarter-over-quarter increase in sales is 48.23%, showing a positive trend in the upcoming months.

To gain a thorough understanding of Ellington Financial Inc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 8.81% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.17, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.

It is also very valuable to look at average volume as an indicator of volatility for a stock, and EFC is recording an average volume of 1.30M. On a monthly basis, the volatility of the stock is set at 1.59%, whereas on a weekly basis, it is put at 1.51%, with a gain of 2.43% over the past seven days. Furthermore, long-term investors anticipate a median target price of $14.61, showing growth from the present price of $13.47, which can serve as yet another indication of whether EFC is worth investing in or should be passed over.

How Do You Analyze Ellington Financial Inc Shares?

A leading company in the REIT – Mortgage sector, Ellington Financial Inc (EFC) is based in the USA. When comparing Ellington Financial Inc shares with other companies under Real Estate, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 11.11, there is a growth in quarterly earnings of -27.40%.

The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 3.19%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 52.02% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.

US Post News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.