Headlines about Ellington Financial (NYSE:EFC) have trended somewhat positive this week, according to AlphaOne. The research group, a unit of Accern, identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Ellington Financial earned a coverage optimism score of 0.09 on AlphaOne’s scale. AlphaOne also assigned media stories about the financial services provider an impact score of 88 out of 100, meaning that recent media coverage is very likely to have an impact on the stock’s share price in the next several days.
Several research analysts recently issued reports on EFC shares. FBR & Co reaffirmed a “buy” rating and set a $17.50 target price on shares of Ellington Financial in a research report on Monday, May 8th. Zacks Investment Research downgraded Ellington Financial from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 26th.
Ellington Financial (NYSE:EFC) traded down 0.06% during midday trading on Tuesday, hitting $16.54. 16,921 shares of the company were exchanged. The stock has a 50 day moving average of $16.73 and a 200-day moving average of $16.12. Ellington Financial has a 1-year low of $15.30 and a 1-year high of $18.04. The stock has a market capitalization of $531.13 million, a price-to-earnings ratio of 24.29 and a beta of 0.44.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 15th. Stockholders of record on Thursday, June 1st were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 10.88%. The ex-dividend date was Tuesday, May 30th. Ellington Financial’s dividend payout ratio (DPR) is currently 260.87%.
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Ellington Financial Company Profile
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