Ellington Financial (EFC) Stock Forecast, Price Target & Predictions

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EFC Stock Forecast

Ellington Financial stock forecast is as follows: an average price target of $13.50 (represents a 8.43% upside from EFC’s last price of $12.45) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.

EFC Price Target

The average price target for Ellington Financial (EFC) is $13.50 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $14.00 to $13.00. This represents a potential 8.43% upside from EFC's last price of $12.45.

EFC Analyst Ratings

Buy

According to 10 Wall Street analysts, Ellington Financial's rating consensus is 'Buy'. The analyst rating breakdown for EFC stock is 0 'Strong Buy' (0.00%), 7 'Buy' (70.00%), 3 'Hold' (30.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Ellington Financial Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
May 20, 2024	Crispin Love	Piper Sandler	$13.00	$12.10	7.44%	4.42%
Apr 17, 2024	Eric Hagen	BTIG	$13.50	$11.12	21.40%	8.43%
Mar 19, 2024	Matt Howlett	B.Riley Financial	$14.00	$11.45	22.27%	12.45%

The latest Ellington Financial stock forecast, released on May 20, 2024 by Crispin Love from Piper Sandler, set a price target of $13.00, which represents a 7.44% increase from the stock price at the time of the forecast ($12.10), and a 4.42% increase from EFC last price ($12.45).

Ellington Financial Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	3
Avg Price Target	-	-	$13.50
Last Closing Price	$12.45	$12.45	$12.45
Upside/Downside	-100.00%	-100.00%	8.43%

In the current month, the average price target of Ellington Financial stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Ellington Financial's last price of $12.45. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Jun 17, 2024	Piper Sandler	Overweight	Overweight	Hold
May 29, 2024	BTIG	Buy	Buy	Hold
May 20, 2024	Piper Sandler	Overweight	Overweight	Hold
Apr 19, 2024	Keefe, Bruyette & Woods	Market Outperform	Market Outperform	Hold
Apr 17, 2024	BTIG	Buy	Buy	Hold
May 16, 2023	JonesTrading		Buy	Initialise
May 16, 2023	SVB Leerink		Market Perform	Downgrade
May 16, 2023	Oppenheimer		Outperform	Initialise
May 16, 2023	Wells Fargo		Overweight	Upgrade
May 16, 2023	BMO Capital		Outperform	Upgrade
May 16, 2023	Raymond James		Market Perform	Downgrade
May 15, 2023	Keefe, Bruyette & Woods		Outperform	Upgrade
Apr 26, 2022	Zacks Investment Research		Hold	Upgrade

Ellington Financial's last stock rating was published by Piper Sandler on Jun 17, 2024. The company gave EFC a "Overweight" rating, the same as its previous rate.

Ellington Financial Financial Forecast

Ellington Financial Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$-177.53M	$27.51M	$54.41M	$74.28M	$66.48M	$6.21M	$-36.90M	$7.35M	$19.61M	$26.74M	$29.92M	$45.69M	$56.14M	$48.25M	$45.38M	$-114.62M	$21.24M	$29.79M
Avg Forecast	$91.61M	$91.28M	$90.93M	$90.60M	$90.61M	$90.39M	$90.13M	$88.81M	$88.14M	$74.76M	$73.75M	$71.35M	$68.54M	$80.10M	$50.17M	$45.45M	$34.71M	$39.59M	$25.58M	$33.86M	$36.62M	$37.60M	$30.78M	$30.49M	$36.31M	$26.23M	$25.44M	$26.46M	$21.53M	$29.99M
High Forecast	$98.55M	$98.19M	$97.82M	$97.46M	$97.47M	$97.24M	$96.95M	$95.53M	$94.81M	$75.17M	$73.75M	$71.35M	$73.73M	$80.10M	$53.97M	$48.89M	$37.57M	$39.59M	$25.58M	$33.86M	$36.62M	$37.60M	$30.78M	$30.49M	$36.31M	$26.23M	$25.44M	$26.46M	$21.53M	$29.99M
Low Forecast	$85.85M	$85.53M	$85.21M	$84.90M	$84.91M	$84.71M	$84.46M	$83.22M	$82.59M	$74.34M	$73.75M	$71.35M	$64.23M	$80.10M	$47.01M	$42.59M	$32.30M	$39.59M	$25.58M	$33.86M	$36.62M	$37.60M	$30.78M	$30.49M	$36.31M	$26.23M	$25.44M	$26.46M	$21.53M	$29.99M
# Analysts	1	1	1	1	1	1	1	2	2	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	10	10	10	10	9	9
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-2.59%	0.34%	1.08%	1.63%	1.92%	0.16%	-1.44%	0.22%	0.54%	0.71%	0.97%	1.50%	1.55%	1.84%	1.78%	-4.33%	0.99%	0.99%

Ellington Financial's average Quarter revenue forecast for Mar 24 based on 1 analysts is $71.35M, with a low forecast of $71.35M, and a high forecast of $71.35M. EFC's average Quarter revenue forecast represents a -140.19% decrease compared to the company's last Quarter revenue of $-177.53M (Dec 23).

Ellington Financial EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	2	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	10	10	10	10	9	9
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$70.15M	$8.99M	$8.96M	$9.33M	$23.71M	$8.87M	$-68.89M	$-13.04M	$36.56M	$20.50M	$37.73M	$43.48M	$74.81M	$50.64M	$42.84M	$-128.00M	$-26.87M	$22.34M
Avg Forecast	$12.80M	$12.75M	$12.71M	$12.66M	$12.66M	$12.63M	$12.59M	$12.41M	$12.31M	$10.44M	$10.30M	$-3.82M	$9.58M	$11.19M	$7.01M	$-3.48M	$4.85M	$20.72M	$13.39M	$-3.16M	$19.17M	$19.69M	$16.12M	$15.97M	$19.01M	$13.73M	$13.32M	$-386.27M	$11.27M	$15.70M
High Forecast	$13.77M	$13.72M	$13.67M	$13.62M	$13.62M	$13.59M	$13.55M	$13.35M	$13.25M	$10.50M	$10.30M	$-3.06M	$10.30M	$11.19M	$7.54M	$-2.78M	$5.25M	$20.72M	$13.39M	$-2.53M	$19.17M	$19.69M	$16.12M	$15.97M	$19.01M	$13.73M	$13.32M	$-309.02M	$11.27M	$15.70M
Low Forecast	$11.99M	$11.95M	$11.91M	$11.86M	$11.86M	$11.83M	$11.80M	$11.63M	$11.54M	$10.39M	$10.30M	$-4.59M	$8.97M	$11.19M	$6.57M	$-4.17M	$4.51M	$20.72M	$13.39M	$-3.79M	$19.17M	$19.69M	$16.12M	$15.97M	$19.01M	$13.73M	$13.32M	$-463.53M	$11.27M	$15.70M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	7.33%	0.80%	1.28%	-2.68%	4.89%	0.43%	-5.14%	4.12%	1.91%	1.04%	2.34%	2.72%	3.94%	3.69%	3.22%	0.33%	-2.38%	1.42%

1 analysts predict EFC's average Quarter EBITDA for Mar 24 to be $-3.82M, with a high of $-3.06M and a low of $-4.59M. This is -105.45% lower than Ellington Financial's previous annual EBITDA (Dec 23) of $70.15M.

Ellington Financial Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	2	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	10	10	10	10	9	9
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$-10.34M	$14.06M	$8.88M	$44.03M	$36.14M	$-4.22M	$-38.19M	$-992.00K	$8.53M	$22.50M	$34.59M	$39.80M	$65.10M	$48.14M	$39.22M	$-127.46M	$9.04M	$17.29M
Avg Forecast	$39.48M	$39.38M	$38.98M	$38.29M	$36.76M	$35.57M	$35.09M	$33.57M	$33.50M	$32.21M	$30.83M	$-13.31M	$34.91M	$37.50M	$39.02M	$-12.10M	$42.79M	$36.11M	$37.22M	$-11.00M	$43.01M	$43.73M	$40.46M	$34.56M	$37.99M	$29.81M	$32.60M	$-384.62M	$35.50M	$40.36M
High Forecast	$43.37M	$43.25M	$42.81M	$42.06M	$40.38M	$39.07M	$38.54M	$34.43M	$36.79M	$32.40M	$30.85M	$-10.65M	$35.76M	$41.19M	$42.86M	$-9.68M	$51.35M	$36.11M	$37.22M	$-8.80M	$43.01M	$43.73M	$40.46M	$41.47M	$37.99M	$29.81M	$32.60M	$-307.70M	$35.50M	$40.36M
Low Forecast	$36.25M	$36.15M	$35.79M	$35.16M	$33.76M	$32.66M	$32.22M	$32.71M	$30.76M	$32.02M	$30.81M	$-15.98M	$34.06M	$34.43M	$35.83M	$-14.52M	$34.23M	$36.11M	$37.22M	$-13.20M	$43.01M	$43.73M	$40.46M	$27.65M	$37.99M	$29.81M	$32.60M	$-461.54M	$35.50M	$40.36M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-0.30%	0.37%	0.23%	-3.64%	0.84%	-0.12%	-1.03%	0.09%	0.20%	0.51%	0.86%	1.15%	1.71%	1.61%	1.20%	0.33%	0.25%	0.43%

Ellington Financial's average Quarter net income forecast for Dec 23 is $34.91M, with a range of $34.06M to $35.76M. EFC's average Quarter net income forecast represents a 148.32% increase compared to the company's last Quarter net income of $14.06M (Sep 23).

Ellington Financial SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	2	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	10	10	10	10	9	9
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$45.67M	$3.85M	$17.57M	$13.47M	$14.38M	$5.97M	$4.77M	$5.37M	$6.86M	$4.58M	$4.49M	$4.98M	$4.50M	$4.03M	$3.54M	$4.45M	$4.24M	$3.79M
Avg Forecast	$37.62M	$37.48M	$37.34M	$37.21M	$37.21M	$37.12M	$37.01M	$36.47M	$36.19M	$30.70M	$30.28M	$1.58M	$28.15M	$32.89M	$20.60M	$1.44M	$8.02M	$14.06M	$9.08M	$1.31M	$13.00M	$13.35M	$10.93M	$4.33M	$12.89M	$9.31M	$9.03M	$13.43M	$7.64M	$10.65M
High Forecast	$40.47M	$40.32M	$40.17M	$40.02M	$40.03M	$39.93M	$39.81M	$39.23M	$38.93M	$30.87M	$30.28M	$1.90M	$30.28M	$32.89M	$22.16M	$1.73M	$9.63M	$14.06M	$9.08M	$1.57M	$13.00M	$13.35M	$10.93M	$5.19M	$12.89M	$9.31M	$9.03M	$16.12M	$7.64M	$10.65M
Low Forecast	$35.25M	$35.12M	$34.99M	$34.87M	$34.87M	$34.78M	$34.68M	$34.18M	$33.92M	$30.53M	$30.28M	$1.27M	$26.38M	$32.89M	$19.31M	$1.15M	$6.42M	$14.06M	$9.08M	$1.05M	$13.00M	$13.35M	$10.93M	$3.46M	$12.89M	$9.31M	$9.03M	$10.75M	$7.64M	$10.65M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.62%	0.12%	0.85%	9.36%	1.79%	0.42%	0.53%	4.11%	0.53%	0.34%	0.41%	1.15%	0.35%	0.43%	0.39%	0.33%	0.55%	0.36%

Ellington Financial's average Quarter SG&A projection for Mar 24 is $1.58M, based on 1 Wall Street analysts, with a range of $1.27M to $1.90M. The forecast indicates a -96.53% fall compared to EFC last annual SG&A of $45.67M (Dec 23).

Ellington Financial EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	2	1	1	1	3	1	1	1	1	1	1	1	1	1	1	1	10	10	10	10	9	9
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$-0.00	$0.21	$0.04	$0.58	$0.59	$-0.07	$-0.64	$-0.02	$0.15	$0.41	$0.75	$0.86	$1.44	$1.06	$0.85	$-3.04	$0.31	$0.53
Avg Forecast	$0.45	$0.45	$0.45	$0.44	$0.42	$0.41	$0.40	$0.38	$0.38	$0.37	$0.35	$0.36	$0.40	$0.43	$0.45	$0.43	$0.43	$0.42	$0.43	$0.45	$0.50	$0.51	$0.47	$0.58	$0.44	$0.35	$0.38	$-0.35	$0.41	$0.47
High Forecast	$0.50	$0.50	$0.49	$0.48	$0.46	$0.45	$0.44	$0.39	$0.42	$0.37	$0.35	$0.36	$0.41	$0.47	$0.49	$0.47	$0.48	$0.42	$0.43	$0.45	$0.50	$0.51	$0.47	$0.58	$0.44	$0.35	$0.38	$-0.35	$0.41	$0.47
Low Forecast	$0.42	$0.41	$0.41	$0.40	$0.39	$0.37	$0.37	$0.38	$0.35	$0.37	$0.35	$0.36	$0.39	$0.39	$0.41	$0.40	$0.40	$0.42	$0.43	$0.45	$0.50	$0.51	$0.47	$0.58	$0.44	$0.35	$0.38	$-0.35	$0.41	$0.47
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-0.00%	0.49%	0.09%	1.35%	1.36%	-0.17%	-1.48%	-0.04%	0.30%	0.81%	1.59%	1.47%	3.26%	3.05%	2.24%	8.69%	0.75%	1.13%

According to 3 Wall Street analysts, Ellington Financial's projected average Quarter EPS for Dec 23 is $0.40, with a low estimate of $0.39 and a high estimate of $0.41. This represents a 90.64% increase compared to EFC previous annual EPS of $0.21 (Sep 23).

Ellington Financial Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
RC	Ready Capital	$6.66	$8.50	27.63%	Hold
TWO	Two Harbors Investment	$11.77	$15.00	27.44%	Buy
ACRE	Ares Commercial Real Estate	$5.64	$7.00	24.11%	Hold
EARN	Ellington Residential Mortgage REIT	$6.58	$8.00	21.58%	Buy
AGNC	AGNC Investment	$9.83	$11.33	15.26%	Buy
EFC	Ellington Financial	$12.45	$13.50	8.43%	Buy
IVR	Invesco Mortgage Capital	$8.15	$8.00	-1.84%	Hold
ARR	ARMOUR Residential REIT	$18.51	$11.50	-37.87%	Hold
CIM	Chimera Investment	$14.31	$7.25	-49.34%	Hold

EFC Forecast FAQ

Is Ellington Financial a good buy?

Yes, according to 10 Wall Street analysts, Ellington Financial (EFC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 70.00% of EFC's total ratings.

What is EFC's price target?

Ellington Financial (EFC) average price target is $13.5 with a range of $13 to $14, implying a 8.43% from its last price of $12.45. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Ellington Financial stock go up soon?

According to Wall Street analysts' prediction for EFC stock, the company can go up by 8.43% (from the last price of $12.45 to the average price target of $13.5), up by 12.45% based on the highest stock price target, and up by 4.42% based on the lowest stock price target.

Can Ellington Financial stock reach $20?

EFC's average twelve months analyst stock price target of $13.5 does not support the claim that Ellington Financial can reach $20 in the near future.

What are Ellington Financial's analysts' financial forecasts?

Ellington Financial's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $359.94M (high $387.19M, low $337.3M), average EBITDA is $50.29M (high $54.1M, low $47.13M), average net income is $140.99M (high $152.42M, low $131.34M), average SG&A $147.81M (high $159M, low $138.51M), and average EPS is $1.62 (high $1.75, low $1.51). EFC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $364.43M (high $392.01M, low $341.5M), average EBITDA is $50.92M (high $54.77M, low $47.71M), average net income is $156.12M (high $171.49M, low $143.36M), average SG&A $149.65M (high $160.98M, low $140.24M), and average EPS is $1.79 (high $1.97, low $1.64).

Did the EFC's actual financial results beat the analysts' financial forecasts?

Based on Ellington Financial's last annual report (Dec 2022), the company's revenue was $43.15M, which missed the average analysts forecast of $133.74M by -67.74%. Apple's EBITDA was $-87.763M, missing the average prediction of $35.8M by -345.11%. The company's net income was $-7.255M, missing the average estimation of $105.12M by -106.90%. Apple's SG&A was $30.49M, missing the average forecast of $32.47M by -6.09%. Lastly, the company's EPS was $-0.12, missing the average prediction of $1.74 by -106.90%. In terms of the last quarterly report (Dec 2023), Ellington Financial's revenue was $-178M, missing the average analysts' forecast of $68.54M by -359.01%. The company's EBITDA was $70.15M, beating the average prediction of $9.58M by 632.50%. Ellington Financial's net income was $-10.342M, missing the average estimation of $34.91M by -129.63%. The company's SG&A was $45.67M, beating the average forecast of $28.15M by 62.25%. Lastly, the company's EPS was $-0.0002, missing the average prediction of $0.4 by -100.05%