Ellington Financial Inc. – Consensus Indicates Potential 7.5% Upside
Ellington Financial Inc. with ticker code (EFC) now have 8 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 17.5 and 15 calculating the average target price we see 16.47. Now with the previous closing price of 15.32 this now indicates there is a potential upside of 7.5%. The 50 day MA is 15.35 and the 200 day moving average is 16.52. The company has a market cap of $912m. 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 $980m 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 7.5% Upside
Ellington Financial Inc. with ticker code (EFC) now have 8 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 17.5 and 15 calculating the average target price we see 16.47. Now with the previous closing price of 15.32 this now indicates there is a potential upside of 7.5%. The 50 day MA is 15.35 and the 200 day moving average is 16.52. The company has a market cap of $912m. 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 $980m 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