Overview Dividends

(EFC) Ellington Financial - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US28852N1090

Mortgage,Mortgage,Mortgage,Securities,Loans

EFC EPS (Earnings per Share)

EPS Growth (3Y CAGR): -59.38%
EPS Trend (3Y Correlation): -33.7%

EFC Revenue

Revenue Growth (3Y CAGR): 102.65%
Revenue Trend (3Y Correlation): 42.3%

Description: EFC Ellington Financial

Ellington Financial Inc. (NYSE:EFC) is a Mortgage REIT operating in the United States, specializing in investing in mortgage-backed securities and other financial assets. As a Mortgage REIT, EFC generates income primarily through the collection of interest on its investments, making its performance closely tied to interest rates and the overall health of the mortgage market.

The companys financial performance is influenced by key economic drivers such as interest rates, mortgage spreads, and prepayment rates. As interest rates fluctuate, EFCs net interest income is affected, impacting its ability to distribute dividends to shareholders. The Mortgage REIT sector is also sensitive to changes in mortgage spreads, which can impact the value of EFCs investment portfolio.

To evaluate EFCs performance, key performance indicators (KPIs) such as the Price-to-Book (P/B) ratio, dividend yield, and the ratio of net interest income to average earning assets can be used. A lower P/E ratio of 10.64 compared to its peers may indicate that EFC is undervalued. Additionally, the companys Return on Equity (RoE) of 9.52% suggests a relatively stable return on shareholders equity.

EFCs market capitalization of $1.27 billion and average trading volume of 1.2 million shares indicate a moderate level of liquidity, making it accessible to a range of investors. The stocks beta of 0.994 suggests that its price movements are closely correlated with the overall market, implying a relatively neutral systematic risk profile.

EFC Stock Overview

Market Cap in USD	1,314m
Sub-Industry	Mortgage REITs
IPO / Inception	2010-10-08

EFC Stock Ratings

Growth Rating	80.5%
Fundamental	42.6%
Dividend Rating	66.5%
Return 12m vs S&P 500	5.86%
Analyst Rating	4.0 of 5

EFC Dividends

Dividend Yield 12m	12.54%
Yield on Cost 5y	23.34%
Annual Growth 5y	6.15%
Payout Consistency	89.8%
Payout Ratio	30.4%

EFC Growth Ratios

Growth Correlation 3m	42.6%
Growth Correlation 12m	88.7%
Growth Correlation 5y	51%
CAGR 5y	18.92%
CAGR/Max DD 3y (Calmar Ratio)	0.84
CAGR/Mean DD 3y (Pain Ratio)	3.49
Sharpe Ratio 12m	0.77
Alpha	6.30
Beta	0.999
Volatility	17.06%
Current Volume	977.3k
Average Volume 20d	1489.6k
Stop Loss	13 (-3.6%)
Signal	0.18

Piotroski VR‑10 (Strict, 0-10) 2.0

Net Income (141.8m TTM) > 0 and > 6% of Revenue (6% = 18.9m TTM)

FCFTA -0.04 (>2.0%) and ΔFCFTA -2.82pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -802.5% (prev 2488 %; Δ -3290 pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA -0.04 (>3.0%) and CFO -619.4m <= Net Income 141.8m (YES >=105%, WARN >=100%)

Net Debt (14.65b) to EBITDA (393.1m) ratio: 37.26 <= 3.0 (WARN <= 3.5)

Current Ratio 0.07 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (95.9m) change vs 12m ago 12.72% (target <= -2.0% for YES)

Gross Margin 56.67% (prev 82.46%; Δ -25.79pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 1.96% (prev 2.48%; Δ -0.51pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 0.83 (EBITDA TTM 393.1m / Interest Expense TTM 287.1m) >= 6 (WARN >= 3)

Altman Z'' -0.97

(A) -0.15 = (Total Current Assets 192.4m - Total Current Liabilities 2.73b) / Total Assets 17.07b

(B) -0.02 = Retained Earnings (Balance) -374.0m / Total Assets 17.07b

(D) -0.02 = Book Value of Equity -373.9m / Total Liabilities 15.38b

Total Rating: -0.97 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 42.60

1. Piotroski 2.0pt = -3.0

2. FCF Yield -3.88% = -1.94

3. FCF Margin data missing

4. Debt/Equity 8.93 = -2.50

5. Debt/Ebitda 37.26 = -2.50

6. ROIC - WACC (= 0.26)% = 0.33

7. RoE 8.78% = 0.73

8. Rev. Trend 42.28% = 3.17

9. EPS Trend -33.67% = -1.68

What is the price of EFC shares?

As of October 14, 2025, the stock is trading at USD 13.48 with a total of 977,334 shares traded.
Over the past week, the price has changed by +1.51%, over one month by +1.54%, over three months by +4.71% and over the past year by +21.59%.

Is Ellington Financial a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, Ellington Financial (NYSE:EFC) is currently (October 2025) a stock to sell. It has a ValueRay Fundamental Rating of 42.60 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of EFC is around 15.95 USD . This means that EFC is currently undervalued and has a potential upside of +18.32% (Margin of Safety).

Is EFC a buy, sell or hold?

Ellington Financial has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy EFC.

Strong Buy: 2
Buy: 4
Hold: 2
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the EFC price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	14.5	7.8%
Analysts Target Price	14.5	7.8%
ValueRay Target Price	16.8	24.9%

Last update: 2025-10-04 03:50

EFC Fundamental Data Overview

Market Cap USD = 1.31b (1.31b USD * 1.0 USD.USD)
P/E Trailing = 10.7787
P/E Forward = 9.0744
P/S = 4.2037
P/B = 0.985
P/EG = 0.86
Beta = 0.999
Revenue TTM = 315.7m USD
EBIT TTM = 238.0m USD
EBITDA TTM = 393.1m USD
Long Term Debt = 11.82b USD (from longTermDebt, last fiscal year)
Short Term Debt = 2.35b USD (from shortTermDebt, last quarter)
Debt = 14.88b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 14.65b USD (from netDebt column, last quarter)
Enterprise Value = 15.96b USD (1.31b + Debt 14.88b - CCE 230.6m)
Interest Coverage Ratio = 0.83 (Ebit TTM 238.0m / Interest Expense TTM 287.1m)
FCF Yield = -3.88% (FCF TTM -619.4m / Enterprise Value 15.96b)
FCF Margin = -196.2% (FCF TTM -619.4m / Revenue TTM 315.7m)
Net Margin = 44.90% (Net Income TTM 141.8m / Revenue TTM 315.7m)
Gross Margin = 56.67% ((Revenue TTM 315.7m - Cost of Revenue TTM 136.8m) / Revenue TTM)
Gross Margin QoQ = 50.78% (prev 85.98%)
Tobins Q-Ratio = 0.93 (Enterprise Value 15.96b / Total Assets 17.07b)
Interest Expense / Debt = 0.48% (Interest Expense 72.1m / Debt 14.88b)
Taxrate = 2.81% (1.48m / 52.5m)
NOPAT = 231.3m (EBIT 238.0m * (1 - 2.81%))
Current Ratio = 0.07 (Total Current Assets 192.4m / Total Current Liabilities 2.73b)
Debt / Equity = 8.93 (Debt 14.88b / totalStockholderEquity, last quarter 1.67b)
Debt / EBITDA = 37.26 (Net Debt 14.65b / EBITDA 393.1m)
Debt / FCF = -23.65 (negative FCF - burning cash) (Net Debt 14.65b / FCF TTM -619.4m)
Total Stockholder Equity = 1.61b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.83% (Net Income 141.8m / Total Assets 17.07b)
RoE = 8.78% (Net Income TTM 141.8m / Total Stockholder Equity 1.61b)
RoCE = 1.77% (EBIT 238.0m / Capital Employed (Equity 1.61b + L.T.Debt 11.82b))
RoIC = 1.48% (NOPAT 231.3m / Invested Capital 15.63b)
WACC = 1.22% (E(1.31b)/V(16.19b) * Re(9.70%) + D(14.88b)/V(16.19b) * Rd(0.48%) * (1-Tc(0.03)))
Discount Rate = 9.70% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 15.28%
Fair Price DCF = unknown (Cash Flow -619.4m)
EPS Correlation: -33.67 | EPS CAGR: -59.38% | SUE: -4.0 | # QB: 0
Revenue Correlation: 42.28 | Revenue CAGR: 102.6% | SUE: -0.82 | # QB: 0

Additional Sources for EFC Stock

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