Analysts See $0.27 EPS for Ellington Financial LLC (EFC)

January 23, 2018 - By Michael Collier

 Analysts See $0.27 EPS for Ellington Financial LLC (EFC)
Investors sentiment decreased to 0.64 in Q3 2017. Its down 1.00, from 1.64 in 2017Q2. It fall, as 10 investors sold Ellington Financial LLC shares while 15 reduced holdings. 4 funds opened positions while 12 raised stakes. 13.85 million shares or 8.66% less from 15.16 million shares in 2017Q2 were reported.
Manufacturers Life Insurance The holds 0% of its portfolio in Ellington Financial LLC (NYSE:EFC) for 938 shares. 135,000 were accumulated by Yorktown Mgmt Research. Bankshares Of America Corp De holds 0% or 49,768 shares. Two Sigma accumulated 11,473 shares. Reservoir Lp owns 183,210 shares. Hightower Advsr Llc invested in 0.01% or 61,357 shares. 1.05M were accumulated by Grp Incorporated. Virtu Fincl Ltd stated it has 38,801 shares. Glenmede Tru Communications Na reported 0% stake. Deutsche Retail Bank Ag holds 0% of its portfolio in Ellington Financial LLC (NYSE:EFC) for 277,700 shares. 20,000 were reported by Global Endowment Management Lp. Bb&T Securities holds 0.01% of its portfolio in Ellington Financial LLC (NYSE:EFC) for 57,249 shares. Bbr Prtn Ltd holds 828,757 shares. Fmr Ltd Company has invested 0% in Ellington Financial LLC (NYSE:EFC). Merriman Wealth Limited Com accumulated 1.22% or 325,941 shares.

Analysts expect Ellington Financial LLC (NYSE:EFC) to report $0.27 EPS on February, 12.They anticipate $0.00 EPS change or 0.00 % from last quarter’s $0.27 EPS. EFC’s profit would be $8.67 million giving it 14.03 P/E if the $0.27 EPS is correct. After having $0.24 EPS previously, Ellington Financial LLC’s analysts see 12.50 % EPS growth. The stock increased 0.33% or $0.05 during the last trading session, reaching $15.15. About 62,853 shares traded. Ellington Financial LLC (NYSE:EFC) has declined 3.64% since January 23, 2017 and is downtrending. It has underperformed by 20.34% the S&P500.

Ellington Financial LLC (NYSE:EFC) Ratings Coverage

Among 7 analysts covering Ellington Financial (NYSE:EFC), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Ellington Financial had 20 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Buy” rating by Deutsche Bank given on Monday, August 10. As per Wednesday, December 6, the company rating was initiated by Sandler O’Neill. The rating was maintained by Keefe Bruyette & Woods on Tuesday, September 12 with “Hold”. The stock of Ellington Financial LLC (NYSE:EFC) earned “Buy” rating by Maxim Group on Monday, October 9. Maxim Group maintained Ellington Financial LLC (NYSE:EFC) rating on Thursday, February 18. Maxim Group has “Buy” rating and $22.50 target. Maxim Group maintained Ellington Financial LLC (NYSE:EFC) on Tuesday, November 7 with “Buy” rating. The firm earned “Buy” rating on Friday, August 4 by Maxim Group. Maxim Group maintained Ellington Financial LLC (NYSE:EFC) rating on Tuesday, July 11. Maxim Group has “Buy” rating and $2000 target. The firm has “Hold” rating by Keefe Bruyette & Woods given on Sunday, November 12. B. Riley & Co downgraded the shares of EFC in report on Wednesday, November 8 to “Neutral” rating.

Ellington Financial LLC, through its subsidiary Ellington Financial Operating Partnership LLC, operates as a specialty finance firm in the United States. The company has market cap of $486.59 million. It primarily acquires and manages mortgage-related assets, including residential mortgage-backed securities backed by prime jumbo, Alt-A, manufactured housing, and subprime residential mortgage loans; RMBS for which the principal and interest payments are guaranteed by the U.S. government agency or the U.S. government-sponsored entity; residential mortgage loans; commercial mortgage-backed securities; commercial mortgage loans and other commercial real estate debt; mortgage servicing rights; and real property and mortgage-related derivatives. It has a 17.62 P/E ratio. The firm also invests in corporate debt and equity securities, including distressed debt, collateralized loan obligations, and non-mortgage-related derivatives; and other financial assets, including private debt and equity investments in mortgage-related entities.

More important recent Ellington Financial LLC (NYSE:EFC) news were published by: Businesswire.com which released: “Ellington Financial LLC Completes $141.2 Million Residential Mortgage Loan …” on November 15, 2017, also Seekingalpha.com published article titled: “Ellington Financial book value about stable in three months to Nov. 30”, Businesswire.com published: “Ellington Financial LLC Announces Expected Retirement of Chief Financial …” on December 14, 2017. More interesting news about Ellington Financial LLC (NYSE:EFC) was released by: Businesswire.com and their article: “Ellington Financial LLC Announces Release Date of Third Quarter 2017 Earnings …” with publication date: October 30, 2017.

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