Ellington Financial Inc (NYSE:EFC) declared a monthly dividend on Monday, October 7th, Zacks reports. Investors of record on Thursday, October 31st will be given a dividend of 0.14 per share by the financial services provider on Monday, November 25th. This represents a $1.68 dividend on an annualized basis and a yield of 9.11%. The ex-dividend date is Wednesday, October 30th.
NYSE EFC opened at $18.44 on Tuesday. The company has a market capitalization of $620.03 million, a PE ratio of 13.08 and a beta of 0.39. The company has a fifty day moving average of $18.04 and a 200 day moving average of $17.92. Ellington Financial has a 1 year low of $14.69 and a 1 year high of $18.50. The company has a debt-to-equity ratio of 4.01, a current ratio of 43.66 and a quick ratio of 43.66.
Ellington Financial (NYSE:EFC) last posted its earnings results on Monday, August 5th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.04. The company had revenue of $38.55 million during the quarter, compared to the consensus estimate of $37.46 million. Ellington Financial had a net margin of 21.99% and a return on equity of 8.70%. Research analysts expect that Ellington Financial will post 1.78 earnings per share for the current year.
About Ellington Financial
Ellington Financial LLC, through its subsidiary Ellington Financial Operating Partnership LLC, operates as a specialty finance company in the United States. The company acquires and manages mortgage-related assets, including 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.
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