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Ellington Financial Inc has a consensus price target of $14.61 based on the ratings of 8 analysts. The high is $18 issued by B of A Securities on March 9, 2022. The low is $13.25 issued by Keefe, Bruyette & Woods on February 28, 2024. The 3 most-recent analyst ratings were released by JMP Securities on July 24, 2024, April 19, 2024, and April 18, 2024, respectively. With an average price target of $14.33 between JMP Securities, there's an implied 15.50% upside for Ellington Financial Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Ellington Financial (NYSE:EFC) was reported by JMP Securities on July 24, 2024. The analyst firm set a price target for $14.00 expecting EFC to rise to within 12 months (a possible 12.81% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Ellington Financial (NYSE:EFC) was provided by JMP Securities, and Ellington Financial maintained their market outperform rating.
The last upgrade for Ellington Financial Inc happened on May 16, 2023 when Keefe, Bruyette & Woods raised their price target to $13.75. Keefe, Bruyette & Woods previously had a market perform for Ellington Financial Inc.
The last downgrade for Ellington Financial Inc happened on July 18, 2022 when Keefe, Bruyette & Woods changed their price target from N/A to $14.75 for Ellington Financial Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ellington Financial, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ellington Financial was filed on July 24, 2024 so you should expect the next rating to be made available sometime around July 24, 2025.
While ratings are subjective and will change, the latest Ellington Financial (EFC) rating was a maintained with a price target of $14.50 to $14.00. The current price Ellington Financial (EFC) is trading at is $12.41, which is out of the analyst’s predicted range.
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