Ellington Financial Inc (NYSE:EFC) declared a monthly dividend on Thursday, November 7th, Zacks reports. Shareholders of record on Friday, November 29th will be paid a dividend of 0.14 per share by the financial services provider on Thursday, December 26th. This represents a $1.68 dividend on an annualized basis and a yield of 9.27%. The ex-dividend date of this dividend is Wednesday, November 27th.
NYSE:EFC opened at $18.13 on Monday. Ellington Financial has a fifty-two week low of $14.69 and a fifty-two week high of $18.89. The company has a debt-to-equity ratio of 3.99, a current ratio of 70.03 and a quick ratio of 70.03. The stock has a market capitalization of $613.01 million, a PE ratio of 12.86 and a beta of 0.39. The business’s 50-day simple moving average is $18.34 and its 200-day simple moving average is $17.97.
Ellington Financial (NYSE:EFC) last released its quarterly earnings data on Wednesday, November 6th. The financial services provider reported $0.47 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.04. Ellington Financial had a return on equity of 9.00% and a net margin of 28.49%. The business had revenue of $39.99 million for the quarter, compared to analysts’ expectations of $39.03 million. On average, research analysts expect that Ellington Financial will post 1.78 earnings per share for the current year.
About Ellington Financial
Ellington Financial LLC, through its subsidiary Ellington Financial Operating Partnership LLC, operates as a specialty finance company in the United States. The company acquires and manages mortgage-related assets, including 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.
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