On Tuesday, Ellington Financial Inc (NYSE: EFC) was 0.62% up from the session before settling in for the closing price of $12.99. A 52-week range for EFC has been $11.12 – $14.40.
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Annual sales at Real Estate sector company grew by 22.28% over the past five years. When this article was written, the company’s average yearly earnings per share was at 10.76%. With a float of $92.20 million, this company’s outstanding shares have now reached $94.43 million.
Let’s look at the performance matrix of the company that is accounted for 160 employees. In terms of profitability, gross margin is 81.04%, operating margin of 77.75%, and the pretax margin is 61.47%.
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 2.45%, while institutional ownership is 54.23%. 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
According to the Wall Street analysts, stocks earnings will be around 10.76% 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
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 2.80. Likewise, its price to free cash flow for the trailing twelve months is 6.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.38, a number that is poised to hit 0.40 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 0.76 million, a negative change from its year-to-date volume of 1.1 million. As of the previous 9 days, the stock’s Stochastic %D was 60.81%. Additionally, its Average True Range was 0.28.
During the past 100 days, Ellington Financial Inc’s (EFC) raw stochastic average was set at 59.45%, which indicates a significant decrease from 69.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.43% in the past 14 days, which was lower than the 26.20% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.89, while its 200-day Moving Average is $12.71. Nevertheless, the first resistance level for the watch stands at $13.11 in the near term. At $13.14, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.20. If the price goes on to break the first support level at $13.02, it is likely to go to the next support level at $12.96. Assuming the price breaks the second support level, the third support level stands at $12.93.
Ellington Financial Inc (NYSE: EFC) Key Stats
There are 94,429K outstanding shares of the company, which has a market capitalization of 1.24 billion. As of now, sales total 416,020 K while income totals 145,860 K. Its latest quarter income was 115,910 K while its last quarter net income were 38,680 K.
