Ellington Financial LLC (NYSE:EFC) will post its quarterly earnings results after the market closes on Wednesday, November 1st. Analysts expect Ellington Financial to post earnings of $0.35 per share for the quarter.

Ellington Financial (NYSE:EFC) last issued its quarterly earnings data on Thursday, August 3rd. The financial services provider reported $0.27 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by ($0.06). The firm had revenue of $22.66 million during the quarter, compared to the consensus estimate of $21.82 million. Ellington Financial had a net margin of 26.67% and a return on equity of 5.48%. The company’s revenue for the quarter was down 4.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.15 earnings per share. On average, analysts expect Ellington Financial to post $1.23 EPS for the current fiscal year and $1.52 EPS for the next fiscal year.

Shares of Ellington Financial LLC (EFC) opened at 15.59 on Wednesday. The company has a 50-day moving average of $15.65 and a 200 day moving average of $16.19. Ellington Financial LLC has a 12 month low of $15.30 and a 12 month high of $17.00. The company has a market capitalization of $500.63 million, a P/E ratio of 22.89 and a beta of 0.43.

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Several research firms have recently weighed in on EFC. BidaskClub downgraded shares of Ellington Financial from a “hold” rating to a “sell” rating in a research report on Sunday, July 16th. Zacks Investment Research downgraded shares of Ellington Financial from a “hold” rating to a “sell” rating in a research report on Wednesday, August 9th. ValuEngine upgraded shares of Ellington Financial from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Finally, Maxim Group reiterated a “buy” rating and set a $20.00 price target on shares of Ellington Financial in a research report on Monday, October 9th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $18.75.

Ellington Financial Company Profile

Earnings History for Ellington Financial (NYSE:EFC)

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