Ellington Financial Inc. – Consensus Indicates Potential 12.5% Upside
Ellington Financial Inc. with ticker code (EFC) now have 8 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 19 and 14.75 calculating the mean target price we have 17.28. With the stocks previous close at 15.36 this would imply there is a potential upside of 12.5%. The 50 day moving average now sits at 15.06 and the 200 moving average now moves to 16.93. The company has a market cap of $887m. Company Website: https:||www.ellingtonfinancial.com [stock_market_widget type="chart" template="basic" color="green" assets="EFC" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $998m based on the market concensus. Ellington Financial Inc., through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. The company acquires and manages residential mortgage-backed securities (RMBS) backed by prime jumbo, Alt-A, manufactured housing, and subprime residential mortgage loans
Ellington Financial Inc. – Consensus Indicates Potential 12.5% Upside
Ellington Financial Inc. with ticker code (EFC) now have 8 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 19 and 14.75 calculating the mean target price we have 17.28. With the stocks previous close at 15.36 this would imply there is a potential upside of 12.5%. The 50 day moving average now sits at 15.06 and the 200 moving average now moves to 16.93. The company has a market cap of $887m. Company Website: https:||www.ellingtonfinancial.com [stock_market_widget type="chart" template="basic" color="green" assets="EFC" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $998m based on the market concensus. Ellington Financial Inc., through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. The company acquires and manages residential mortgage-backed securities (RMBS) backed by prime jumbo, Alt-A, manufactured housing, and subprime residential mortgage loans