Stocks · Real Estate · REIT - Mortgage
Ellington Financial Inc. EFC
$11.59 -0.86% Close, Oct 2, 2026 · NYSE · Market cap $1.45B
Strong growth
Next earnings report: Nov 4, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Revenue over the last four quarters was $674.1M, up 136.1% from a year earlier, accelerating from 105.7% a quarter earlier.
- Operating margin widened to 76.2% from 35.9% a year earlier.
- The diluted share count rose 31.1% in a year.
PromtFinance scores
Each score is a percentile within the Real Estate sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 4%
- EPS growth (TTM, YoY)Top 33%
- Revenue growth, 3-year CAGRTop 1%
- Revenue growth accelerationTop 3%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 1%
- Gross marginTop 9%
- Operating marginTop 6%
- Cash conversion (OCF / net income)Bottom 8%
- Accruals (lower is better)Bottom 8%
- Net debt / EBITDA (lower is better)Bottom 7%
- Interest coverTop 41%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 7%
- Free-cash-flow yieldBottom 8%
- EBITDA / enterprise valueBottom 17%
- Sales / enterprise valueBottom 4%
- P/E vs own 5-year history (lower is better)Top 33%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 47%
- 6-month returnBottom 47%
- 1-year return vs S&P 500Bottom 43%
- Distance from 52-week highTop 41%
- Trend checklist (0–4)Top 41%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 33%
- Consecutive EPS beatsTop 4%
- Share of analysts rating BuyTop 19%
- Upside to consensus price targetBottom 29%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 10%
- Maximum drawdown, 3 yearsTop 11%
- Beta vs S&P 500 (lower is better)Top 39%
- Net debt / EBITDA (lower is better)Bottom 7%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 105.7% | 136.1% | ↑ |
| EPS growth (YoY) | 18.6% | 33.3% | ↑ |
| Gross margin | 100.0% | 83.7% | ↓ |
| Operating margin | 35.9% | 76.2% | ↑ |
| FCF margin | -216.9% | -48.5% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 136.1% | 105.7% | ↑ | Top 4% |
| EPS growth (TTM, YoY) | 33.3% | 18.6% | ↑ | Top 33% |
| Gross margin | 83.7% | 100.0% | ↓ | Top 9% |
| Operating margin | 76.2% | 35.9% | ↑ | Top 6% |
| Net margin | 33.0% | 49.6% | ↓ | — |
| Free-cash-flow margin | -48.5% | -216.9% | ↑ | — |
| Return on invested capital | 204.3% | — | Top 1% | |
| Revenue growth, 3-year CAGR | 150.0% | — | Top 1% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- -1.47×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 2.6%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.0%
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 31.00×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 1.5×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 10.42%
- Net buyback yield (TTM)
- -19.51%
- Shareholder yield
- -9.08%
- Share count change, 1 year
- +31.1%
- Share count change, 3-year CAGR
- +22.7%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 10, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 8
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +21.1%
- Average 2-day reaction, last 8
- +0.1%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $13.50
- Target vs current price
- +16.5%
- Analysts with a rating
- 13
- Share rating Buy or Strong Buy
- 69%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | +30.8% | -0.8% | +2.9% | +0.7% | — |
| May 5, 2026 | +31.0% | +0.8% | +3.5% | +4.5% | +3.7% |
| Feb 25, 2026 | +2.2% | +0.5% | -1.4% | -7.6% | +8.3% |
| Nov 5, 2025 | +20.5% | -0.1% | +1.8% | -0.1% | -7.5% |
| Aug 7, 2025 | +17.5% | -0.5% | +7.7% | +7.7% | +5.2% |
| May 7, 2025 | +2.6% | +0.2% | +2.5% | -2.0% | -0.4% |
| Feb 27, 2025 | +18.4% | -0.2% | +2.1% | -0.5% | -5.0% |
| Nov 6, 2024 | +11.1% | +0.8% | +2.7% | +2.1% | +5.6% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | $0.60 | $0.46 | +30.8% | $123.1M |
| May 5, 2026 | $0.55 | $0.42 | +31.0% | $171.3M |
| Feb 25, 2026 | $0.47 | $0.46 | +2.2% | $78.2M |
| Nov 5, 2025 | $0.53 | $0.44 | +20.5% | $76.6M |
| Aug 7, 2025 | $0.47 | $0.40 | +17.5% | $43.3M |
| May 7, 2025 | $0.39 | $0.38 | +2.6% | $72.3M |
| Feb 27, 2025 | $0.45 | $0.38 | +18.4% | $66.1M |
| Nov 6, 2024 | $0.40 | $0.36 | +11.1% | $33.6M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 7.1× | 9.7× | 17th | Top 7% |
| P/E (forward) | 5.6× | — | — | — |
| EV / EBITDA | 33.5× | — | — | Bottom 17% |
| EV / Sales | 29.21× | — | — | Bottom 4% |
| Free-cash-flow yield | -22.52% | — | — | Bottom 8% |
| Earnings yield | 14.15% | — | — | Top 7% |
P/E over the past five years
Range 4.4× – 18.9× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -11.5%
- Earnings per share growth (TTM)
- +33.3%
- Change in P/E multiple
- -23.3%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -2.9%
- 200-day average slope (20 days)
- -0.9%
- Distance from 50-day average
- -11.6%
- Distance from 200-day average
- -11.5%
- RSI (14)
- 16.9
- Relative volume
- 1.59×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 16.0%
- Volatility vs own 5-year history
- 17th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.50
- Correlation with S&P 500
- 0.38
- Current drawdown from 1-year high
- -17.3%
- Maximum drawdown, 3 years
- -21.3%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jun 25, 2021 | Mar 17, 2023 | -44.3% | 434 days | Not yet recovered |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $1.45B
- P/E (TTM)
- 7.1
- EPS, diluted (TTM)
- $1.64
- Revenue (TTM)
- $674.1M
- Dividend yield
- 13.46%
- 52-week range
- $11.28 – $14.12
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $216.8M | $43.1M | $256.5M | $282.2M | $674.5M |
| Gross profit | $174.5M | $43.1M | $256.5M | $282.2M | $568.4M |
| Operating income | $134.9M | -$25.0M | $89.2M | $116.3M | $415.3M |
| Net income | $133.5M | -$70.0M | $84.1M | $145.9M | $146.9M |
| EPS (diluted) | $2.55 | -$1.41 | $0.88 | $1.36 | $1.19 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $60.9M | $66.1M | $72.3M | $86.3M | $123.0M | $147.4M | $228.8M | $174.9M |
| Net income | $23.0M | $30.1M | $38.7M | $50.0M | $36.6M | $21.6M | $105.3M | $58.6M |
| EPS (diluted) | $0.18 | $0.25 | $0.35 | $0.45 | $0.29 | $0.14 | $0.78 | $0.43 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $51.3M | $42.7M | -$241.9M | -$430.5M | $509.0M |
| Capital expenditure | $172.8M | -$39.1M | -$37,000 | $0 | $0 |
| Free cash flow | $224.1M | $3.6M | -$241.9M | -$430.5M | $509.0M |
| Dividends paid | -$85.7M | -$123.1M | -$149.3M | -$163.5M | -$183.6M |
| Net share buybacks | $245.3M | $97.7M | $110.0M | $74.7M | $301.7M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $247.5M
- Total assets
- $21.03B
- Total liabilities
- $19.03B
- Total debt
- $18.49B
- Net debt
- $18.24B
- Shareholders’ equity
- $1.97B
As of Jun 30, 2026 (filed Aug 10, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 30, 2026 | $0.13 | Oct 30, 2026 |
| Aug 31, 2026 | $0.13 | Sep 30, 2026 |
| Jul 31, 2026 | $0.13 | Aug 31, 2026 |
| Jun 30, 2026 | $0.13 | Jul 31, 2026 |
| May 29, 2026 | $0.13 | Jun 30, 2026 |
| Apr 30, 2026 | $0.13 | May 29, 2026 |
| Mar 31, 2026 | $0.13 | Apr 30, 2026 |
| Feb 27, 2026 | $0.13 | Mar 31, 2026 |
Short interest
- Shares sold short
- 7,786,685
- Days to cover
- 7.29
- Change vs previous report
- +7.3%
FINRA short interest, settlement date Sep 15, 2026.