Media coverage about Ellington Financial (NYSE:EFC) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm scores the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ellington Financial earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 46.5212118682578 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Several brokerages have commented on EFC. Keefe, Bruyette & Woods set a $17.00 target price on shares of Ellington Financial and gave the stock a “hold” rating in a research report on Saturday, February 17th. B. Riley set a $16.00 target price on shares of Ellington Financial and gave the stock a “hold” rating in a research report on Thursday, February 15th. ValuEngine upgraded shares of Ellington Financial from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Zacks Investment Research upgraded shares of Ellington Financial from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 9th. Finally, Sandler O’Neill began coverage on shares of Ellington Financial in a research report on Wednesday, December 6th. They set a “buy” rating and a $17.00 target price on the stock. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $17.25.
Ellington Financial (NYSE EFC) traded up $0.16 during trading on Tuesday, hitting $15.02. 69,831 shares of the company traded hands, compared to its average volume of 102,452. Ellington Financial has a 1-year low of $14.12 and a 1-year high of $17.00. The company has a quick ratio of 3.90, a current ratio of 3.90 and a debt-to-equity ratio of 1.91. The stock has a market cap of $465.05, a price-to-earnings ratio of 14.29 and a beta of 0.34.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, March 1st will be given a $0.41 dividend. The ex-dividend date is Wednesday, February 28th. This represents a $1.64 annualized dividend and a dividend yield of 10.92%. Ellington Financial’s dividend payout ratio is presently 156.19%.
About Ellington Financial
Ellington Financial LLC is a specialty finance company that acquires and manages mortgage-related and other financial assets. The Company’s targeted assets include residential mortgage-backed securities (RMBS), backed by loans for which the principal and interest payments are not guaranteed by a United States Government agency or a United States Government-sponsored entity, collectively referred to as non-Agency RMBS; RMBS for which the principal and interest payments are guaranteed by the United States government agency or the United States government-sponsored entity (Agency RMBS); consumer loans and asset-backed securities (ABS) backed by consumer loans; commercial mortgage-backed securities (CMBS) commercial mortgage loans and other commercial real estate debt; residential mortgage loans; collateralized loan obligations (CLOs); corporate debt and equity, including distressed debt and equity, and mortgage-related derivatives.
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