Ellington Financial LLC (NYSE:EFC) issued its earnings results on Monday. The financial services provider reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.12), Bloomberg Earnings reports. Ellington Financial had a return on equity of 5.48% and a net margin of 26.67%.

Shares of Ellington Financial (NYSE EFC) traded down $0.07 during trading on Monday, hitting $15.28. 124,983 shares of the stock were exchanged, compared to its average volume of 79,771. The stock has a market capitalization of $492.93, a PE ratio of 13.95 and a beta of 0.41. The company has a debt-to-equity ratio of 1.90, a current ratio of 2.86 and a quick ratio of 2.86.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 10.73%. The ex-dividend date is Thursday, November 30th. Ellington Financial’s payout ratio is 257.15%.

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EFC has been the subject of a number of research reports. Maxim Group reiterated a “buy” rating and set a $20.00 target price on shares of Ellington Financial in a research report on Monday, October 9th. Zacks Investment Research upgraded shares of Ellington Financial from a “strong sell” rating to a “hold” rating in a research report on Monday, October 9th. BidaskClub lowered shares of Ellington Financial from a “sell” rating to a “strong sell” rating in a research report on Monday, July 31st. Finally, ValuEngine raised shares of Ellington Financial from a “hold” rating to a “buy” rating in a report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. Ellington Financial has a consensus rating of “Hold” and an average price target of $18.75.

About Ellington Financial

Earnings History for Ellington Financial (NYSE:EFC)

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