Media stories about Ellington Financial (NYSE:EFC) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Ellington Financial earned a news sentiment score of 0.07 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 46.2526155489293 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
A number of equities analysts recently weighed in on the company. Deutsche Bank decreased their price target on Ellington Financial from $18.00 to $17.00 and set a “buy” rating for the company in a research report on Wednesday, November 8th. BidaskClub upgraded Ellington Financial from a “sell” rating to a “hold” rating in a research report on Friday, August 11th. ValuEngine upgraded Ellington Financial from a “hold” rating to a “buy” rating in a research report on Friday. Zacks Investment Research lowered Ellington Financial from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 9th. Finally, B. Riley lowered Ellington Financial from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $17.50 to $16.00 in a research report on Wednesday, November 8th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $17.50.
Ellington Financial (EFC) traded up $0.02 on Monday, hitting $14.97. The stock had a trading volume of 159,000 shares, compared to its average volume of 80,429. The company has a debt-to-equity ratio of 1.91, a current ratio of 3.90 and a quick ratio of 3.90. Ellington Financial has a 52 week low of $14.76 and a 52 week high of $17.00. The stock has a market cap of $477.63, a P/E ratio of 13.13 and a beta of 0.41.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 10.96%. The ex-dividend date is Thursday, November 30th. Ellington Financial’s payout ratio is 188.51%.
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About Ellington Financial
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