Ellington Financial Inc. (EFC): Is it a better investment

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Ellington Financial Inc. (NYSE:EFC) changes shares on Friday trading session, with a change of -2.31% or -$0.28 shares. The trading starts at $12.26 and closed at $12.13 throughout the day. The trading session low price was $11.82 and day high was $12.38 on Friday, June 19. After the session, the Financial sector daily volume shifted to 0.87 million while its average volume is 1.11M. In other hand, the EFC market cap reached to $531.12M. While, its current target price is $11.85 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -0.67% and up 14.49% for month. Its quarterly performance was 74.26% above, while its half year performance is down -35.00%. EFC yearly performance stood at negative -35.74% and fall -35.35% for year-to-date. Current recommendation for Ellington Financial Inc. is 2.20.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. EFC EPS (TTM) for 12-month is -1.76. EPS for this year is 11.70%, while for the next year its value is 1.13. Its EPS Q/Q reached -677.20%. It has an EPS of -4.00% down for past five years and for the next five years will be up 10.01%.

Let’s take a look on the analyst recommendations on EFC for the current month and previous month. For the current month, 5 of 6 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 1 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $12.50-$16.00. Average target price for EFC was reached at $13.96.

Blackrock Inc., American Financial Group Inc. and Vanguard Group, Inc. (The) are the top three holders in Ellington Financial Inc. (EFC) stock. On Mar 30, 2020, Blackrock Inc. has 3.99 million shares which valued 22.81 million. On Mar 30, 2020, American Financial Group Inc. owned 1.91 million shares which valued at 10.89 million. On Mar 30, 2020, Vanguard Group, Inc. (The) has a total of 1.9 million shares which valued at 10.84 million. In the end, Vanguard Group, Inc. (The) have 4.34% shares outstanding of Ellington Financial Inc. (EFC) on Mar 30, 2020. The insider ownership moved to 1.20% and institutional holding shifted to 60.60%.

The company posted an EPS (TTM) of -1.76. According to the most recent quarter report on (Jun 2020), 5 analysts estimated an average EPS of 0.23, while 0.46 EPS posted a year ago period. Analyst Estimated EPS for EFC published in the report was 0.09-0.37 during the same period. Comparing with last year, the average estimated EPS was 0.46 which is equal to 0.46 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for EFC fall -21.50% for period of 200 days. SMA for 50 days was 13.16% which is showing green signal, while SMA-20 was 4.58%. The moving average value for Ellington Financial Inc. (EFC) is 13.64 and 10.77 for 200 and 50 days respectively.