A new trading day began on Tuesday, with Ellington Financial Inc (NYSE: EFC) stock price up 0.92% from the previous day of trading, before settling in for the closing price of $13.11. EFC’s price has ranged from $11.12 to $14.40 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Real Estate sector company grew by 22.28% over the past five years. Meanwhile, its annual earnings per share averaged 11.15%. With a float of $92.20 million, this company’s outstanding shares have now reached $94.51 million.
Let’s look at the performance matrix of the company that is accounted for 160 employees. In terms of profitability, gross margin is 82.43%, operating margin of 80.61%, and the pretax margin is 37.25%.
Ellington Financial Inc (EFC) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Mortgage Industry. The insider ownership of Ellington Financial Inc is 2.45%, while institutional ownership is 54.30%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.4 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.15% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.29% during the next five years compared to -5.26% drop over the previous five years of trading.
Ellington Financial Inc (NYSE: EFC) Trading Performance Indicators
Here are Ellington Financial Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.17. Likewise, its price to free cash flow for the trailing twelve months is 6.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.35, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 1.70 in one year’s time.
Technical Analysis of Ellington Financial Inc (EFC)
Ellington Financial Inc (NYSE: EFC) saw its 5-day average volume 1.07 million, a negative change from its year-to-date volume of 1.15 million. As of the previous 9 days, the stock’s Stochastic %D was 97.02%. Additionally, its Average True Range was 0.35.
During the past 100 days, Ellington Financial Inc’s (EFC) raw stochastic average was set at 64.33%, which indicates a significant decrease from 97.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.48% in the past 14 days, which was higher than the 25.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.98, while its 200-day Moving Average is $12.71. Nevertheless, the first resistance level for the watch stands at $13.34 in the near term. At $13.45, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.62. If the price goes on to break the first support level at $13.06, it is likely to go to the next support level at $12.89. The third support level lies at $12.78 if the price breaches the second support level.
Ellington Financial Inc (NYSE: EFC) Key Stats
With a market capitalization of 1.25 billion, the company has a total of 94,429K Shares Outstanding. Currently, annual sales are 416,020 K while annual income is 145,860 K. The company’s previous quarter sales were 106,740 K while its latest quarter income was 30,110 K.
