Ellington Financial (EFC) Stock Forecast, Price Target & Predictions
EFC Stock Forecast
Ellington Financial stock forecast is as follows: an average price target of $13.50 (represents a 9.14% upside from EFC’s last price of $12.37) 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 9.14% upside from EFC's last price of $12.37.
EFC Analyst Ratings
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% | 5.09% |
| Apr 17, 2024 | Eric Hagen | BTIG | $13.50 | $11.12 | 21.40% | 9.14% |
| Mar 19, 2024 | Matt Howlett | B.Riley Financial | $14.00 | $11.45 | 22.27% | 13.18% |
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 5.09% increase from EFC last price ($12.37).
Ellington Financial Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $13.50 |
| Last Closing Price | $12.37 | $12.37 | $12.37 |
| Upside/Downside | -100.00% | -100.00% | 9.14% |
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 $12.37. 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 |
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 | $80.39M | $80.06M | $79.74M | $79.43M | $79.35M | $79.16M | $78.76M | $77.52M | $76.83M | $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 | $84.45M | $84.10M | $83.77M | $83.44M | $83.36M | $83.15M | $82.74M | $81.43M | $80.70M | $75.17M | $73.75M | $71.35M | $72.00M | $80.10M | $52.70M | $47.74M | $36.46M | $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 | $78.10M | $77.78M | $77.47M | $77.16M | $77.09M | $76.90M | $76.52M | $75.31M | $74.64M | $74.34M | $73.75M | $71.35M | $66.59M | $80.10M | $48.74M | $44.15M | $33.72M | $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 | $11.23M | $11.19M | $11.14M | $11.10M | $11.09M | $11.06M | $11.00M | $10.83M | $10.73M | $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 | $11.80M | $11.75M | $11.70M | $11.66M | $11.65M | $11.62M | $11.56M | $11.38M | $11.28M | $10.50M | $10.30M | $-3.06M | $10.06M | $11.19M | $7.36M | $-2.78M | $5.09M | $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 | $10.91M | $10.87M | $10.82M | $10.78M | $10.77M | $10.74M | $10.69M | $10.52M | $10.43M | $10.39M | $10.30M | $-4.59M | $9.30M | $11.19M | $6.81M | $-4.17M | $4.71M | $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 | $36.91M | $36.74M | $36.58M | $35.98M | $36.43M | $35.38M | $35.02M | $33.80M | $33.38M | $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 | $39.33M | $39.15M | $38.98M | $38.34M | $38.82M | $37.70M | $37.32M | $36.01M | $35.57M | $32.40M | $30.85M | $-10.65M | $35.76M | $39.95M | $41.58M | $-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 | $35.54M | $35.38M | $35.22M | $34.65M | $35.08M | $34.07M | $33.72M | $32.54M | $32.14M | $32.02M | $30.81M | $-15.98M | $34.06M | $36.11M | $37.57M | $-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 | $28.54M | $28.43M | $28.31M | $28.20M | $28.17M | $28.10M | $27.96M | $27.52M | $27.28M | $26.54M | $26.18M | $1.58M | $24.34M | $28.44M | $17.81M | $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 | $29.98M | $29.86M | $29.74M | $29.62M | $29.60M | $29.52M | $29.38M | $28.91M | $28.65M | $26.69M | $26.18M | $1.90M | $25.56M | $28.44M | $18.71M | $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 | $27.73M | $27.62M | $27.51M | $27.40M | $27.37M | $27.30M | $27.17M | $26.74M | $26.50M | $26.40M | $26.18M | $1.27M | $23.64M | $28.44M | $17.30M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | 1.88% | 0.14% | 0.99% | 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 | $0.42 | $0.42 | $0.42 | $0.41 | $0.42 | $0.41 | $0.40 | $0.39 | $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 | $0.45 | $0.45 | $0.45 | $0.44 | $0.45 | $0.43 | $0.43 | $0.41 | $0.41 | $0.37 | $0.35 | $0.36 | $0.41 | $0.46 | $0.48 | $0.46 | $0.46 | $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 | $0.41 | $0.41 | $0.40 | $0.40 | $0.40 | $0.39 | $0.39 | $0.37 | $0.37 | $0.37 | $0.35 | $0.36 | $0.39 | $0.41 | $0.43 | $0.41 | $0.42 | $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 |
|---|---|---|---|---|---|
| ACRE | Ares Commercial Real Estate | $7.13 | $11.50 | 61.29% | Hold |
| TWO | Two Harbors Investment | $11.64 | $15.50 | 33.16% | Buy |
| EARN | Ellington Residential Mortgage REIT | $6.65 | $8.00 | 20.30% | Buy |
| RC | Ready Capital | $7.23 | $8.50 | 17.57% | Hold |
| AGNC | AGNC Investment | $9.67 | $10.63 | 9.93% | Buy |
| EFC | Ellington Financial | $12.37 | $13.50 | 9.14% | Buy |
| IVR | Invesco Mortgage Capital | $8.16 | $7.13 | -12.62% | Hold |
| ARR | ARMOUR Residential REIT | $18.81 | $11.50 | -38.86% | Hold |
| CIM | Chimera Investment | $14.75 | $7.25 | -50.85% | Hold |