Ellington Financial Inc. found using ticker (EFC) have now 8 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 17 and 13.75 and has a mean target at 14.78. Given that the stocks previous close was at 13.7 this now indicates there is a potential upside of 7.9%. The 50 day moving average now sits at 13.41 and the 200 day moving average is 14.33. The company has a market cap of $861m. Find out more information at: https://www.ellingtonfinancial.com
The potential market cap would be $929m based on the market concensus.
Ellington Financial Inc., through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. The company acquires and manages 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. government agency or the U.S. government-sponsored entity; residential mortgage loans; commercial mortgage-backed securities; and commercial mortgage loans and other commercial real estate debt. It also provides collateralized loan obligations; mortgage-related and non-mortgage-related derivatives; corporate debt and equity securities; corporate loans; and other strategic investments. In addition, the company offers consumer loans and asset-backed securities backed by consumer and commercial assets. Ellington Financial LLC was incorporated in 2007 and is based in Old Greenwich, Connecticut.
