Ellington Financial (NYSE:EFC) is scheduled to be announcing its earnings results after the market closes on Monday, February 12th. Analysts expect the company to announce earnings of $0.29 per share for the quarter.
Ellington Financial (NYSE:EFC) last released its quarterly earnings data on Monday, November 6th. The financial services provider reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.06). The firm had revenue of $22.38 million for the quarter, compared to analyst estimates of $23.26 million. Ellington Financial had a net margin of 29.47% and a return on equity of 4.00%. On average, analysts expect Ellington Financial to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of Ellington Financial (EFC) opened at $14.60 on Monday. The stock has a market capitalization of $465.83, a price-to-earnings ratio of 16.59 and a beta of 0.36. Ellington Financial has a 12-month low of $14.44 and a 12-month high of $17.00. The company has a current ratio of 3.90, a quick ratio of 3.90 and a debt-to-equity ratio of 1.91.
COPYRIGHT VIOLATION NOTICE: This report was published by American Banking News and is the sole property of of American Banking News. If you are reading this report on another domain, it was copied illegally and republished in violation of U.S. and international copyright legislation. The legal version of this report can be read at https://www.americanbankingnews.com/2018/02/05/ellington-financial-efc-to-release-quarterly-earnings-on-monday.html.
Ellington Financial Company Profile
Ellington Financial LLC is a specialty finance company that acquires and manages mortgage-related and other financial assets. The Company’s targeted assets include residential mortgage-backed securities (RMBS), backed by loans for which the principal and interest payments are not guaranteed by a United States Government agency or a United States Government-sponsored entity, collectively referred to as non-Agency RMBS; RMBS for which the principal and interest payments are guaranteed by the United States government agency or the United States government-sponsored entity (Agency RMBS); consumer loans and asset-backed securities (ABS) backed by consumer loans; commercial mortgage-backed securities (CMBS) commercial mortgage loans and other commercial real estate debt; residential mortgage loans; collateralized loan obligations (CLOs); corporate debt and equity, including distressed debt and equity, and mortgage-related derivatives.
Receive News & Ratings for Ellington Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ellington Financial and related companies with MarketBeat.com's FREE daily email newsletter.