Ellington Financial Inc [EFC] stock prices are up 0.71% to $12.69 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The EFC shares have lost -0.39% over the last week, with a monthly amount drifted -2.08%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Ellington Financial Inc [NYSE: EFC] stock has seen the most recent analyst activity on December 06, 2023, when UBS initiated its Neutral rating and assigned the stock a price target of $13.50. Previously, B. Riley Securities started tracking the stock with Buy rating on October 19, 2023, and set its price target to $15. On May 15, 2023, upgrade upgraded it’s rating to Outperform but maintained its price target of $13.75 on the stock. Credit Suisse downgraded its rating to a Neutral but stick to its price target of $14 on January 09, 2023. Maxim Group reiterated its recommendation of a Buy and reduced its price target to $15.50 on October 20, 2022. Keefe Bruyette downgraded its rating to Mkt Perform for this stock on July 18, 2022, but kept the price target unchanged to $14.75. In a note dated June 08, 2021, UBS downgraded an Neutral rating on this stock and boosted its target price from $17.50 to $18.50.
The stock price of Ellington Financial Inc [EFC] has been fluctuating between $10.88 and $13.46 over the past year. Currently, Wall Street analysts expect the stock to reach $13.5 within the next 12 months. Ellington Financial Inc [NYSE: EFC] shares were valued at $12.69 at the most recent close of the market. An investor can expect a potential return of 6.38% based on the average EFC price forecast.
Analyzing the EFC fundamentals
The Ellington Financial Inc [NYSE:EFC] reported sales of 402.13M for trailing twelve months, representing a drop of -14.62%. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at 0.83%, Pretax Profit Margin comes in at 0.32%, and Net Profit Margin reading is 0.36%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.08 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of8.5.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 12.61 points at the first support level, and at 12.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.74, and for the 2nd resistance point, it is at 12.78.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 2.74, the price to book ratio is 0.90 and price to earnings (TTM) ratio is 10.62.
Transactions by insiders
Recent insider trading involved Vranos Michael W, Co-Chief Investment Officer, that happened on Oct 15 ’24 when 14361.0 shares were sold. Co-Chief Investment Officer, Vranos Michael W completed a deal on Oct 14 ’24 to sell 14000.0 shares. Meanwhile, Co-Chief Investment Officer Vranos Michael W sold 5900.0 shares on Jul 02 ’24.
