7.89%
14.25%
16.10%
9.13%
26.54%
-18.23%
-16.57%
AI Spotlight on EFC
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Company Description
Ellington Financial Inc., through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States.The company acquires and manages residential mortgage-backed securities (RMBS) backed by prime jumbo, Alt-A, manufactured housing, and subprime residential mortgage loans; RMBS for which the principal and interest payments are guaranteed by the U.S. government agency or the U.S. government-sponsored entity; residential mortgage loans; commercial mortgage-backed securities; and commercial mortgage loans and other commercial real estate debt.It also provides collateralized loan obligations; mortgage-related and non-mortgage-related derivatives; corporate debt and equity securities; corporate loans; and other strategic investments.
In addition, the company offers consumer loans and asset-backed securities backed by consumer and commercial assets.Ellington Financial LLC was incorporated in 2007 and is based in Old Greenwich, Connecticut.
Market Data
| Last Price | 14.35 |
| Change Percentage | 7.89% |
| Open | 13.41 |
| Previous Close | 13.3 |
| Market Cap ( Millions) | 1301 |
| Volume | 3495436 |
| Year High | 14.4 |
| Year Low | 10.88 |
| M A 50 | 12.57 |
| M A 200 | 12.55 |
Financial Ratios
| FCF Yield | -6.45% |
| Dividend Yield | 10.87% |
| ROE | 8.65% |
| Debt / Equity | 0.00% |
| Net Debt / EBIDTA | -164.21% |
| Price To Book | 0.78 |
| Price Earnings Ratio | 9.31 |
| Price To FCF | -15.5 |
| Price To sales | 3.93 |
| EV / EBITDA | 8.17 |
News
- Feb -28 - Ellington Financial, Inc. (EFC) Q4 2024 Earnings Call Transcript
- Feb -27 - Ellington Financial Inc. Reports Fourth Quarter 2024 Results
- Feb -13 - Ellington Financial Announces Release Date of Fourth Quarter 2024 Earnings, Conference Call, and Investor Presentation
- Feb -11 - Our 4 Favorite Strong Buy Ultra-High-Yield Stocks All Yield 12% and More
- Feb -10 - Ellington Financial Declares Monthly Common Dividend
- Jan -31 - Ellington Financial Inc. Announces the Income Tax Treatment of its 2024 Distributions
- Jan -30 - Ellington Financial Announces Estimated Book Value Per Common Share as of December 31, 2024
- Jan -27 - There's Big News Ahead for this Crypto Stock
- Jan -25 - Wall Street Is Missing The Boat On These Monthly Dividends
- Jan -23 - Past Time To Take Gains On These Big Yielders
- Jan -16 - Investors Are Buying the 3 Highest-Yielding Monthly Dividend Stocks Hand-Over-Fist
- Jan -15 - High Yield REITs Whacked By Higher Rates
- Jan -13 - Ellington Financial: Trust Issues
- Jan -07 - Ellington Financial: 2 High Yield Preferred Share Options
- Dec -30 - Ellington Financial Announces Estimated Book Value Per Common Share as of November 30, 2024
- Dec -23 - 5 of Wall Street's Favorite Ultra-High-Yield Dividend Stocks Are Top Picks for 2025
- Dec -20 - Want Over $1,000 Every Month in Passive Income: Invest $10,000 Into These Dividend Stocks
- Dec -18 - Ellington Financial Inc. Completes Proprietary Reverse Mortgage Loan Securitization
- Dec -16 - Ellington Financial Inc. Completes First Securitization of Closed-End Second Mortgages
- Dec -13 - Huge Yields, Brief Notes
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Investment Portfolio
Expected Growth : 7.5 %
What the company do ?
Ellington Financial Inc.'s Investment Portfolio is a diversified portfolio of mortgage-backed securities, loans, and other financial assets, providing a stable source of income.
Why we expect these perspectives ?
Ellington Financial Inc.'s diversified portfolio of mortgage-backed securities, loans, and other financial assets provides a stable source of income, driven by increasing demand for mortgage financing and growing housing market, as well as the company's expertise in actively managing its portfolio.
Segment n°2 -> Longbridge
Expected Growth : 4.5 %
What the company do ?
Longbridge from Ellington Financial Inc. is a mortgage-backed securities trust that invests in residential mortgage loans, providing income to investors.
Why we expect these perspectives ?
The mortgage-backed securities trust is expected to grow driven by increasing demand for housing, low interest rates, and government-backed guarantees, resulting in a stable income stream for investors.
Segment n°3 -> Corporate/Other
Expected Growth : 4.5 %
What the company do ?
Corporate/Other from Ellington Financial Inc. refers to the residual category of assets, liabilities, and equity not allocated to specific business segments.
Why we expect these perspectives ?
The Corporate/Other segment of Ellington Financial Inc. is expected to grow driven by the company's diversified investment portfolio, strategic asset allocation, and effective risk management practices, which will contribute to its residual category of assets, liabilities, and equity.
Ellington Financial Inc. Products
| Product Range | What is it ? |
|---|---|
| Agency RMBS | Ellington Financial invests in and manages a portfolio of agency residential mortgage-backed securities (RMBS), which are backed by the full faith and credit of the US government. |
| Non-Agency RMBS | Ellington Financial invests in and manages a portfolio of non-agency residential mortgage-backed securities (RMBS), which are not backed by the US government. |
| Commercial Mortgage-Backed Securities (CMBS) | Ellington Financial invests in and manages a portfolio of commercial mortgage-backed securities (CMBS), which are backed by commercial properties. |
| Asset-Backed Securities (ABS) | Ellington Financial invests in and manages a portfolio of asset-backed securities (ABS), which are backed by a pool of assets such as auto loans, credit card receivables, and student loans. |
| Corporate Debt | Ellington Financial invests in and manages a portfolio of corporate debt securities, including high-yield bonds and leveraged loans. |
| Equities | Ellington Financial invests in and manages a portfolio of equities, including common stocks and preferred stocks. |
| Mortgage Servicing Rights (MSR) | Ellington Financial invests in and manages a portfolio of mortgage servicing rights (MSR), which represent the right to service mortgage loans. |
Ellington Financial Inc.'s Porter Forces
Threat Of Substitutes
Ellington Financial Inc. operates in a niche market with limited substitutes, reducing the threat of substitutes.
Bargaining Power Of Customers
Ellington Financial Inc. has a diverse customer base, reducing the bargaining power of individual customers.
Bargaining Power Of Suppliers
Ellington Financial Inc. relies on a few key suppliers, giving them some bargaining power, but the company's size and reputation mitigate this threat.
Threat Of New Entrants
The financial services industry is highly competitive, and new entrants can easily disrupt the market, posing a significant threat to Ellington Financial Inc.
Intensity Of Rivalry
The financial services industry is highly competitive, with many established players, leading to intense rivalry and competition for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 89.78% |
| Debt Cost | 3.95% |
| Equity Weight | 10.22% |
| Equity Cost | 13.49% |
| WACC | 4.92% |
| Leverage | 878.93% |
Ellington Financial Inc. : Quality Control
Ellington Financial Inc. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| RC | Ready Capital Corporation operates as a real estate finance company in the United States. The company acquires, originates, manages, services, and finances small to medium balance commercial (SBC) loans, small … |
| SACH | Sachem Capital Corp. operates as a real estate finance company. The company is involved in the originating, underwriting, funding, servicing, and managing a portfolio of short-term loans secured by first … |
| FBRT | Franklin BSP Realty Trust, Inc., a real estate finance company, originates, acquires, and manages a portfolio of commercial real estate debt secured by properties located in the United States. The … |
| LOAN | Manhattan Bridge Capital, Inc., a real estate finance company, originates, services, and manages a portfolio of first mortgage loans in the United States. It offers short-term, secured, and non-banking loans … |
| LADR | The Loans segment originates conduit first mortgage loans that are secured by cash-flowing commercial real estate; and originates and invests in balance sheet first mortgage loans secured by commercial real … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Ellington Financial
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