Ellington Financial Declares Monthly Dividend, Emphasizing Income Strategy
Ellington Financial (EFC) announced a monthly cash dividend of $0.13 per share, payable June 30, 2026, to shareholders of record as of May 29, 2026. This dividend declaration highlights the company's commitment to returning capital to investors as part of its income-focused strategy in the mortgage and credit investment sector. While Spark, TipRanks' AI Analyst, rates EFC as Neutral due to strong performance and attractive valuation offset by high leverage, analysts maintain a Buy rating with a $15.00 price target.
APR 16·MarketBeat→
Ellington Financial Inc. (NYSE:EFC) Sees Large Increase in Short Interest
Ellington Financial Inc. (NYSE:EFC) experienced a significant 39.0% increase in short interest as of March 31st, reaching 6,356,062 shares. This represents 5.3% of the company's shares sold short and a short-interest ratio of 2.7 days. Despite reporting quarterly EPS of $0.47, beating estimates, revenue was $96.44M, missing forecasts, and the company's dividend payout ratio is high at 126.83%.
APR 8·MarketBeat→
Ellington Financial Inc. Plans Monthly Dividend of $0.13 (NYSE:EFC)
Ellington Financial Inc. (NYSE:EFC) has declared a monthly dividend of $0.13 per share, totaling an annualized dividend of $1.56 and yielding 13.0%. Shareholders of record on April 30th will receive the dividend on May 29th, with an ex-dividend date of April 30th. The company's payout ratio is 91.2%, which is covered by current earnings, though analysts project EPS to be $1.67 next year, potentially leading to a payout ratio of 93.4%.
