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EFC stock logo

EFC

Ellington Financial Inc.

$12.7
0.09
 (0.71%)
Exchange:  NYSE
Market Cap:  1.593B
Shares Outstanding:  11.983M
Delayed data
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5-year outlook →
Overview
Earnings
Financials
Valuation
Chart

About The Company

Sector:  Real EstateView sector performance
Industry:  REIT – MortgageView industry performance
   
CEO:  Laurence Eric Penn
Full Time Employees:  500
Address: 
53 Forest Avenue
Old Greenwich
CT
6870
US
Website:  https://www.ellingtonfinancial.com
Ellington Financial Inc., operating through its subsidiary, Ellington Financial Operating Partnership LLC, is an investment company primarily focused on acquiring and actively managing a broad range of financial assets within the United States. Its extensive portfolio encompasses various mortgage-related instruments, including residential mortgage-backed securities (RMBS) — both those guaranteed by U.S. government agencies and those backed by non-agency residential loans like prime jumbo, Alt-A, manufactured housing, and subprime mortgages — as well as direct residential and commercial mortgage loans and other commercial real estate debt. The company also invests in consumer loans and asset-backed securities underpinned by consumer and commercial assets. Beyond real estate and consumer finance, Ellington Financial holds corporate debt and equity securities, corporate loans, and collateralized loan obligations. Additionally, it engages with mortgage-related and non-mortgage-related derivatives and pursues other strategic investment opportunities. Founded in 2007, the company’s headquarters are located in Old Greenwich, Connecticut.

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Revenue Segmentation

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Industry Peers

TICKERCOMPANYMKT CAPP/EFWD P/EROIC
EFEFC logoEFCEllington Financial Inc.1.6B7.66.1204.3%
EFEFC-PD logoEFC-PDEllington Financial Inc.1.4B7.611.2204.3%
ARARR logoARRARMOUR Residential REIT, Inc.1.7B3.95.1-168.5%
EFEFC-PC logoEFC-PCEllington Financial Inc.1.4B7.612.4204.3%
LALADR logoLADRLadder Capital Corp1.2B22.48.62.7%
SCSCCG logoSCCGSachem Capital Corp. 8.00% Note1.2B—41431.0%

EPS

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Earnings Call

Full text

Earnings transcript

Read the complete earnings call transcript.

AI summary

Key takeaways

Short, structured highlights from the call so you can focus on what matters.

2026/05/06 — Q1 quarter 2026

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Income Statement
Balance Sheet
Cash Flow Statement
Analyst Estimates

Income Statement

Year202320242025
Revenue256,501282,187674,545
Gross Profit256,501282,187568,372
EBITDA00459,094
Operating Income89,210116,271415,288
Net Income84,084145,861146,869

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(* All numbers are in thousands)

Balance Sheet

Year202320242025
Total Assets15,315,93016,317,02819,352,910
Total Liabilities13,780,31814,726,20617,481,755
Total Stockholders Equity1,517,0711,570,4761,834,259
Total Debt13,333,93214,281,1720
Cash and Cash Equivalents228,927192,387201,893

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(* All numbers are in thousands)

Cash Flow Statement

Year202320242025
Operating Cash Flow-241,858-430,5270
Capital Expenditure000
Free Cash Flow-241,858-430,5270
Net Income84,084148,1040
Net Change in Cash8,676-21,597129,242

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(* All numbers are in thousands)

Analyst Estimates

Fiscal Year2028Research AccessResearch AccessResearch AccessResearch Access
Estimated Revenue (Low)517,367.427Research AccessResearch AccessResearch AccessResearch Access
Estimated Revenue (High)560,685.309Research AccessResearch AccessResearch AccessResearch Access
Estimated Revenue (Avg)532,573.470Research AccessResearch AccessResearch AccessResearch Access
Estimated Ebitda (Low)264,184.175Research AccessResearch AccessResearch AccessResearch Access
Estimated Ebitda (High)286,574.087Research AccessResearch AccessResearch AccessResearch Access
Estimated Ebitda (Avg)275,379.131Research AccessResearch AccessResearch AccessResearch Access
Estimated Net Income (Low)187,663.373Research AccessResearch AccessResearch AccessResearch Access
Estimated Net Income (High)208,271.898Research AccessResearch AccessResearch AccessResearch Access
Estimated Net Income (Avg)197,967.636Research AccessResearch AccessResearch AccessResearch Access
Estimated SGA Expense (Low)133,233.516Research AccessResearch AccessResearch AccessResearch Access
Estimated SGA Expense (High)144,388.825Research AccessResearch AccessResearch AccessResearch Access
Estimated SGA Expense (Avg)137,149.407Research AccessResearch AccessResearch AccessResearch Access
Estimated EPS (Avg)1.960Research AccessResearch AccessResearch AccessResearch Access
Estimated EPS (High)2.090Research AccessResearch AccessResearch AccessResearch Access
Estimated EPS (Low)1.890Research AccessResearch AccessResearch AccessResearch Access
Number of Analysts (Estimated Revenue)1Research AccessResearch AccessResearch AccessResearch Access
Number of Analysts (Estimated EPS)1Research AccessResearch AccessResearch AccessResearch Access

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(* All numbers are in thousands)

Current Key Metrics

?Revenue
 (TTM)
: 
371.902M  ?P/S
 (TTM)
: 
2.31
?Net Income
 (TTM)
: 
145.861M  ?P/E
 (TTM)
: 
7.59
?Enterprise Value
 (TTM)
: 
19.798B  ?EV/FCF
 (TTM)
: 
-60.49
?Dividend Yield
 (TTM)
: 
12.54%  ?Payout Ratio
 (TTM)
: 
92.34%
?ROE
 (TTM)
: 
11.87%  ?ROIC
 (TTM)
: 
204.34%
?Net Debt
 (TTM)
: 
13.995B  ?Debt/Equity
 (TTM)
: 
9.4
?P/B
 (TTM)
: 
0.79  ?Current Ratio
 (TTM)
: 
0.08

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Forward P/E Ratios

?

Forward P/E (Avg EPS estimate) — log in with Research Access for high/low estimates and the interactive table.

Forward P/E 1YResearch AccessResearch AccessResearch AccessResearch Access
6.11Research AccessResearch AccessResearch AccessResearch Access

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SWOT Analysis

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At what price to buy it? -
Intrinsic Value Calculator

This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.

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Common questions about EFC valuation

Is Ellington Financial Inc. (EFC) overvalued or undervalued right now?

MARKETSnap estimates intrinsic value for Ellington Financial Inc. (EFC) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.

Is EFC a buy, hold, or sell for long-term investors?

MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether EFC trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.

What is EFC’s P/E ratio?

You can see EFC’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.

How is intrinsic value calculated for EFC?

MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.

Is EFC a good long-term investment?

Whether EFC fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.

EFC

1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.

Daily snapshot

0.71
MARKETSnap

Trading Metrics:

Open: 12.71   Previous Close: 12.61
Day Low: 12.66   Day High: 12.79
Year Low: 11.28   Year High: 14.12
Price Avg 50: 13.36   Price Avg 200: 13.17
Volume: 1.079M   Average Volume: 1.207M

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Relevant news

Ellington Financial Closes Additional 7.375% Senior Unsecured Notes Offering
17-09-2026 10:17
Ellington Financial Closes Additional 7.375% Senior Unsecured Notes Offering
Ellington Financial Announces Upsizing and Pricing of Additional 7.375% Senior Unsecured Notes Due 2030
14-09-2026 16:07
Ellington Financial Announces Upsizing and Pricing of Additional 7.375% Senior Unsecured Notes Due 2030
Ellington Financial Declares Common and Preferred Dividends
08-06-2026 16:10
Ellington Financial Declares Common and Preferred Dividends
Moody's Revises Ellington Financial's Rating Outlook to Positive, Affirms Ba3 Corporate Family Rating
08-09-2026 12:47
Moody's Revises Ellington Financial's Rating Outlook to Positive, Affirms Ba3 Corporate Family Rating
Ellington Financial Announces Estimated Book Value Per Common Share as of July 31, 2026
24-08-2026 16:30
Ellington Financial Announces Estimated Book Value Per Common Share as of July 31, 2026
Ellington Financial Inc. (EFC) Q2 2026 Earnings Call Transcript
07-08-2026 17:44
Ellington Financial Inc. (EFC) Q2 2026 Earnings Call Transcript

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