Ellington Financial LLC (NYSE:EFC) will post its quarterly earnings results after the market closes on Wednesday, November 1st. Analysts expect Ellington Financial to post earnings of $0.35 per share for the quarter.
Ellington Financial (NYSE:EFC) last announced its earnings results on Thursday, August 3rd. The financial services provider reported $0.27 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by ($0.06). Ellington Financial had a net margin of 26.67% and a return on equity of 5.48%. The company had revenue of $22.66 million during the quarter, compared to analyst estimates of $21.82 million. During the same quarter last year, the business earned $0.15 EPS. The firm’s revenue for the quarter was down 4.9% compared to the same quarter last year. On average, analysts expect Ellington Financial to post $1.23 EPS for the current fiscal year and $1.52 EPS for the next fiscal year.
Shares of Ellington Financial LLC (NYSE EFC) opened at 15.36 on Tuesday. Ellington Financial LLC has a 12 month low of $15.30 and a 12 month high of $17.00. The stock has a 50 day moving average of $15.64 and a 200 day moving average of $16.17. The firm has a market cap of $493.24 million, a price-to-earnings ratio of 22.56 and a beta of 0.43.
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A number of equities analysts have recently weighed in on EFC shares. Maxim Group reaffirmed a “buy” rating and set a $20.00 price target on shares of Ellington Financial in a research note on Monday, October 9th. Zacks Investment Research raised shares of Ellington Financial from a “strong sell” rating to a “hold” rating in a research note on Monday, October 9th. BidaskClub cut shares of Ellington Financial from a “sell” rating to a “strong sell” rating in a research note on Monday, July 31st. Finally, ValuEngine raised shares of Ellington Financial from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $18.75.
About Ellington Financial
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