On Friday, Ellington Financial Inc (NYSE: EFC) was 0.66% up from the session before settling in for the closing price of $12.05. A 52-week range for EFC has been $10.88 – $13.46.
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It was noted that within the last five years, the titan of the Real Estate sector saw sales topped by 19.94%. When this article was written, the company’s average yearly earnings per share was at -2.31%. With a float of $88.45 million, this company’s outstanding shares have now reached $90.66 million.
The extent of productivity of a business whose workforce counts for 170 workers is very important to gauge. In terms of profitability, gross margin is 78.82%, operating margin of 87.9%, and the pretax margin is 34.16%.
Ellington Financial Inc (EFC) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Ellington Financial Inc stocks. The insider ownership of Ellington Financial Inc is 2.43%, while institutional ownership is 55.83%. The most recent insider transaction that took place on Oct 15 ’24, was worth 180,647. In this transaction Co-Chief Investment Officer of this company sold 14,361 shares at a rate of $12.58, taking the stock ownership to the 153,998 shares. Before that another transaction happened on Oct 14 ’24, when Company’s Co-Chief Investment Officer sold 14,000 for $12.48, making the entire transaction worth $174,706. This insider now owns 168,359 shares in total.
Ellington Financial Inc (EFC) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.39 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -2.31% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.28% during the next five years compared to -10.27% drop over the previous five years of trading.
Ellington Financial Inc (NYSE: EFC) Trading Performance Indicators
You can see what Ellington Financial Inc (EFC) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.43. Likewise, its price to free cash flow for the trailing twelve months is 23.89.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.28, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 1.62 in one year’s time.
Technical Analysis of Ellington Financial Inc (EFC)
The latest stats from [Ellington Financial Inc, EFC] show that its last 5-days average volume of 1.83 million was superior to 0.96 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 19.39%. Additionally, its Average True Range was 0.20.
During the past 100 days, Ellington Financial Inc’s (EFC) raw stochastic average was set at 20.83%, which indicates a significant decrease from 34.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.50% in the past 14 days, which was lower than the 16.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.36, while its 200-day Moving Average is $12.29. Now, the first resistance to watch is $12.30. This is followed by the second major resistance level at $12.47. The third major resistance level sits at $12.65. If the price goes on to break the first support level at $11.95, it is likely to go to the next support level at $11.77. Assuming the price breaks the second support level, the third support level stands at $11.60.
Ellington Financial Inc (NYSE: EFC) Key Stats
There are 90,662K outstanding shares of the company, which has a market capitalization of 1.11 billion. As of now, sales total 370,170 K while income totals 84,810 K. Its latest quarter income was 107,280 K while its last quarter net income were 23,010 K.
