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 1.50% upside from EFC’s last price of $13.30) 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 1.50% upside from EFC's last price of $13.30.
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% | -2.26% |
| Apr 17, 2024 | Eric Hagen | BTIG | $13.50 | $11.12 | 21.40% | 1.50% |
| Mar 19, 2024 | Matt Howlett | B.Riley Financial | $14.00 | $11.45 | 22.27% | 5.26% |
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 -2.26% decrease from EFC last price ($13.30).
Ellington Financial Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $13.50 |
| Last Closing Price | $13.30 | $13.30 | $13.30 |
| Upside/Downside | -100.00% | -100.00% | 1.50% |
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 $13.30. 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 | Jul 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 | - | $7.35M | $19.61M | $26.74M | $29.92M | $45.69M | $56.14M | $48.25M | $45.38M | $-114.62M | $21.24M | $29.79M |
| Avg Forecast | $80.47M | $80.14M | $79.82M | $79.51M | $79.43M | $79.24M | $78.84M | $77.60M | $76.48M | $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 | $94.54M | $94.15M | $93.78M | $93.41M | $93.32M | $93.09M | $92.63M | $91.17M | $89.85M | $87.82M | $86.64M | $83.83M | $80.52M | $94.11M | $58.94M | $53.39M | $40.77M | $46.51M | $25.58M | $34.43M | $37.23M | $38.23M | $31.30M | $31.00M | $36.91M | $26.67M | $25.87M | $26.90M | $21.89M | $30.48M |
| Low Forecast | $68.03M | $67.75M | $67.48M | $67.22M | $67.15M | $66.99M | $66.65M | $65.61M | $64.66M | $63.20M | $62.35M | $60.32M | $57.94M | $67.72M | $42.41M | $38.42M | $29.34M | $33.47M | $25.58M | $33.30M | $36.01M | $36.98M | $30.27M | $29.99M | $35.71M | $25.79M | $25.02M | $26.02M | $21.17M | $29.49M |
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 1 | 1 | 1 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -2.59% | 0.34% | 1.08% | 1.63% | 1.92% | 0.16% | - | 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 $60.32M, and a high forecast of $83.83M. 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 | Jul 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 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 1 | 1 | 1 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $70.15M | $8.99M | $8.96M | $9.33M | $23.71M | $8.87M | - | $-13.04M | $36.56M | $20.50M | $37.73M | $43.48M | $74.81M | $50.64M | $42.84M | $-128.00M | $-26.87M | $22.34M |
| Avg Forecast | $42.13M | $41.96M | $41.79M | $41.63M | $41.59M | $41.48M | $41.28M | $40.63M | $40.04M | $39.14M | $38.61M | $-3.82M | $35.88M | $41.94M | $26.27M | $-3.48M | $18.17M | $23.48M | $13.39M | $-3.16M | $19.17M | $21.35M | $16.12M | $15.97M | $19.01M | $13.73M | $13.32M | $-386.27M | $-26.87M | $20.82M |
| High Forecast | $49.50M | $49.29M | $49.10M | $48.90M | $48.86M | $48.74M | $48.49M | $47.73M | $47.04M | $45.98M | $45.36M | $-3.06M | $42.16M | $49.27M | $30.86M | $-2.78M | $21.35M | $28.18M | $13.39M | $-2.53M | $19.49M | $25.62M | $16.38M | $16.23M | $19.33M | $13.96M | $13.54M | $-309.02M | $-21.49M | $24.98M |
| Low Forecast | $35.62M | $35.47M | $35.33M | $35.19M | $35.16M | $35.07M | $34.90M | $34.35M | $33.85M | $33.09M | $32.64M | $-4.59M | $30.34M | $35.45M | $22.20M | $-4.17M | $15.36M | $18.79M | $13.39M | $-3.79M | $18.85M | $17.08M | $15.85M | $15.70M | $18.69M | $13.50M | $13.10M | $-463.53M | $-32.24M | $16.65M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.95% | 0.21% | 0.34% | -2.68% | 1.30% | 0.38% | - | 4.12% | 1.91% | 0.96% | 2.34% | 2.72% | 3.94% | 3.69% | 3.22% | 0.33% | 1.00% | 1.07% |
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 | Jul 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 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 1 | 1 | 1 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-10.34M | $14.06M | $8.88M | $44.03M | $36.14M | $-4.22M | - | $-992.00K | $8.53M | $22.50M | $34.59M | $39.80M | $65.10M | $48.14M | $39.22M | $-127.46M | $9.04M | $17.29M |
| Avg Forecast | $35.85M | $35.52M | $35.20M | $34.89M | $36.32M | $35.29M | $34.65M | $33.44M | $33.32M | $31.35M | $30.36M | $-13.31M | $34.38M | $36.93M | $38.43M | $-12.10M | $37.35M | $25.79M | $36.96M | $-11.00M | $38.90M | $23.44M | $29.09M | $34.56M | $83.88M | $36.47M | $23.97M | $-384.62M | $9.04M | $6.21M |
| High Forecast | $44.00M | $43.60M | $43.20M | $42.82M | $44.58M | $43.31M | $42.52M | $41.04M | $40.89M | $38.48M | $37.26M | $-10.65M | $35.22M | $45.32M | $47.16M | $-9.68M | $45.83M | $30.94M | $36.96M | $-8.80M | $46.68M | $28.13M | $34.91M | $41.47M | $100.66M | $43.77M | $28.76M | $-307.70M | $10.85M | $7.45M |
| Low Forecast | $28.65M | $28.38M | $28.13M | $27.87M | $29.02M | $28.20M | $27.69M | $26.72M | $26.62M | $25.05M | $24.26M | $-15.98M | $33.54M | $29.51M | $30.70M | $-14.52M | $29.84M | $20.63M | $36.96M | $-13.20M | $31.12M | $18.75M | $23.27M | $27.65M | $67.11M | $29.18M | $19.17M | $-461.54M | $7.23M | $4.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.30% | 0.38% | 0.23% | -3.64% | 0.97% | -0.16% | - | 0.09% | 0.22% | 0.96% | 1.19% | 1.15% | 0.78% | 1.32% | 1.64% | 0.33% | 1.00% | 2.79% |
Ellington Financial's average Quarter net income forecast for Dec 23 is $34.38M, with a range of $33.54M to $35.22M. EFC's average Quarter net income forecast represents a 144.57% 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 | Jul 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 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 1 | 1 | 1 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $45.67M | $3.85M | $17.57M | $13.47M | $14.38M | $5.97M | - | $5.37M | $6.86M | $4.58M | $4.49M | $4.98M | $4.50M | $4.03M | $3.54M | $4.45M | $4.24M | $3.79M |
| Avg Forecast | $28.57M | $28.46M | $28.34M | $28.23M | $28.20M | $28.13M | $27.99M | $27.55M | $27.15M | $26.54M | $26.18M | $1.58M | $24.34M | $28.44M | $17.81M | $1.44M | $12.32M | $5.25M | $9.08M | $1.31M | $7.29M | $4.77M | $3.77M | $4.33M | $5.80M | $3.06M | $2.16M | $13.43M | $4.24M | $3.54M |
| High Forecast | $33.57M | $33.43M | $33.30M | $33.16M | $33.13M | $33.05M | $32.89M | $32.37M | $31.90M | $31.18M | $30.76M | $1.90M | $28.59M | $33.41M | $20.93M | $1.73M | $14.48M | $6.30M | $9.08M | $1.57M | $8.75M | $5.73M | $4.53M | $5.19M | $6.95M | $3.67M | $2.59M | $16.12M | $5.08M | $4.24M |
| Low Forecast | $24.15M | $24.06M | $23.96M | $23.87M | $23.84M | $23.78M | $23.67M | $23.29M | $22.96M | $22.44M | $22.14M | $1.27M | $20.57M | $24.04M | $15.06M | $1.15M | $10.42M | $4.20M | $9.08M | $1.05M | $5.83M | $3.82M | $3.02M | $3.46M | $4.64M | $2.44M | $1.73M | $10.75M | $3.39M | $2.83M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.88% | 0.14% | 0.99% | 9.36% | 1.17% | 1.14% | - | 4.11% | 0.94% | 0.96% | 1.19% | 1.15% | 0.78% | 1.32% | 1.64% | 0.33% | 1.00% | 1.07% |
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 | Jul 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 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 1 | 1 | 1 | 7 | 10 | 10 | 10 | 10 | 6 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.00 | $0.21 | $0.04 | $0.58 | $0.59 | $-0.07 | - | $-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 | $0.41 | $0.41 | $0.41 | $0.42 | $0.41 | $0.40 | $0.39 | $0.39 | $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 | $0.51 | $0.51 | $0.50 | $0.50 | $0.52 | $0.50 | $0.50 | $0.48 | $0.48 | $0.45 | $0.43 | $0.44 | $0.41 | $0.53 | $0.55 | $0.53 | $0.53 | $0.52 | $0.43 | $0.46 | $0.51 | $0.52 | $0.48 | $0.60 | $0.45 | $0.35 | $0.39 | $-0.34 | $0.42 | $0.48 |
| Low Forecast | $0.33 | $0.33 | $0.33 | $0.32 | $0.34 | $0.33 | $0.32 | $0.31 | $0.31 | $0.29 | $0.28 | $0.29 | $0.39 | $0.34 | $0.36 | $0.34 | $0.35 | $0.34 | $0.43 | $0.44 | $0.49 | $0.50 | $0.46 | $0.57 | $0.43 | $0.34 | $0.37 | $-0.36 | $0.40 | $0.46 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.00% | 0.49% | 0.09% | 1.35% | 1.36% | -0.17% | - | -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 | $7.54 | $16.00 | 112.20% | Hold |
| RC | Ready Capital | $7.71 | $9.00 | 16.73% | Buy |
| EARN | Ellington Residential Mortgage REIT | $6.98 | $8.00 | 14.61% | Buy |
| TWO | Two Harbors Investment | $14.02 | $15.63 | 11.48% | Buy |
| EFC | Ellington Financial | $13.30 | $13.50 | 1.50% | Buy |
| AGNC | AGNC Investment | $10.35 | $10.20 | -1.45% | Buy |
| IVR | Invesco Mortgage Capital | $8.87 | $6.25 | -29.54% | Buy |
| ARR | ARMOUR Residential REIT | $20.76 | $11.50 | -44.61% | Hold |
| CIM | Chimera Investment | $15.86 | $7.25 | -54.29% | 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 1.50% from its last price of $13.3. 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 1.50% (from the last price of $13.3 to the average price target of $13.5), up by 5.26% based on the highest stock price target, and down by -2.26% 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 $315.12M (high $370.21M, low $266.4M), average EBITDA is $164.98M (high $193.82M, low $139.47M), average net income is $139.7M (high $171.45M, low $111.62M), average SG&A $111.88M (high $131.44M, low $94.59M), and average EPS is $1.63 (high $2, low $1.3). EFC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $319.95M (high $375.88M, low $270.48M), average EBITDA is $167.51M (high $196.79M, low $141.61M), average net income is $141.46M (high $173.61M, low $113.03M), average SG&A $113.6M (high $133.46M, low $96.04M), and average EPS is $1.65 (high $2.02, low $1.32).
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 $51.89M by -269.14%. The company's net income was $-7.255M, missing the average estimation of $89.09M by -108.14%. Apple's SG&A was $30.49M, beating the average forecast of $27.96M by 9.04%. 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 $35.88M by 95.48%. Ellington Financial's net income was $-10.342M, missing the average estimation of $34.38M by -130.08%. The company's SG&A was $45.67M, beating the average forecast of $24.34M by 87.65%. Lastly, the company's EPS was $-0.0002, missing the average prediction of $0.4 by -100.05%