Ellington Financial Stock News

The next 36 months hold promise for the local furniture manufacturing industry, states the eThekwini Furniture Cluster (EFC), which states that its market research among prominent South African furniture retailers have indicated that they’re looking to replace imports by sourcing up to 2 million units per year from local manufacturers. The next 36 months hold […] The post Hopes of recovery for SA furniture manufacturers as retailers expand local sourcing appeared first on Cape Business News .

Ellington Financial Inc. (NYSE:EFC) Investment analysts at Piper Sandler dropped their Q1 2022 earnings per share (EPS) estimates for shares of Ellington Financial in a research note issued to investors on Thursday, December 9th. Piper Sandler analyst C. Love now expects that the financial services provider will post earnings per share of $0.43 for [] The post Q1 2022 Earnings Estimate for Ellington Financial Inc. (NYSE:EFC) Issued By Piper Sandler appeared first on ETF Daily News .

Ellington Financial Inc. (NYSE:EFC) Piper Sandler decreased their Q1 2022 earnings per share estimates for Ellington Financial in a report released on Thursday, December 9th. Piper Sandler analyst C. Love now forecasts that the financial services provider will post earnings per share of $0.43 for the quarter, down from their previous estimate of $0.45. []

Readers on Seeking Alpha are becoming more familiar with mortgage REITs.

mREIT Ellington Financial Inc (EFC) will be selling a new issue of fixed rate reset preferred stock. Fixed rate resets carry a fixed rate coupon for about 5 years and then reset at the 5 year treasury plus a fixed spread. They then reset every 5 years there after. The company has a fixed to Continue reading "mREIT Ellington Financial to Sell Fixed Rate Reset Preferred" The post mREIT Ellington Financial to Sell Fixed Rate Reset Preferred first appeared on Innovative Income Investor .

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Morgan Stanley grew its holdings in shares of Ellington Financial Inc. (NYSE:EFC) by 301.2% during the second quarter, HoldingsChannel reports. The institutional investor owned 379,137 shares of the financial services providers stock after buying an additional 284,635 shares during the period. Morgan Stanleys holdings in Ellington Financial were worth $7,260,000 at the end of the []

Portfolio diversity and digitalization will aid players in the Zacks Mortgage & Related Services industry, including WD, EFC and VEL, amid headwinds like rising mortgage rates and home price appreciat

Invesco Ltd. boosted its holdings in shares of Ellington Financial Inc. (NYSE:EFC) by 462.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 442,639 shares of the financial services provider’s stock after acquiring an additional 364,008 shares during the period. […]

Ellington Financial Inc. (NYSE:EFC) has earned a consensus recommendation of Buy from the six brokerages that are currently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price objective among brokerages that have updated []

Nuveen Asset Management LLC trimmed its stake in shares of Ellington Financial Inc. (NYSE:EFC) by 6.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 170,998 shares of the financial services providers stock after selling 11,273 shares during the quarter. Nuveen Asset Management LLC []

Zacks Investment Research upgraded shares of Ellington Financial (NYSE:EFC) from a sell rating to a hold rating in a research note published on Wednesday morning, Zacks.com reports. According to Zacks, Ellington Financial LLC is a finance company that engages in acquiring and managing mortgage-related assets, including residential mortgage backed securities, prime jumbo, Alternative A-paper and []

Ellington Financial Inc. (NYSE:EFC) saw an uptick in trading volume on Tuesday . 40,904 shares changed hands during trading, a decline of 93% from the previous sessions volume of 599,647 shares.The stock last traded at $17.97 and had previously closed at $17.99. Several research firms have weighed in on EFC. Zacks Investment Research upgraded Ellington []

Northern Trust Corp raised its stake in shares of Ellington Financial Inc. (NYSE:EFC) by 5.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 453,325 shares of the financial services providers stock after buying an additional 25,168 shares []