Ellington Financial Llc Stock Earnings Per Share
| EFC Stock | USD 11.42 0.15 1.33% |
Ellington Financial LLC fundamentals help investors to digest information that contributes to Ellington Financial's financial success or failures. It also enables traders to predict the movement of Ellington Stock. The fundamental analysis module provides a way to measure Ellington Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ellington Financial stock.
Ellington | Earnings Per Share |
Ellington Financial LLC Company Earnings Per Share Analysis
Ellington Financial's Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Current Ellington Financial Earnings Per Share | 0.89 X |
Most of Ellington Financial's fundamental indicators, such as Earnings Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ellington Financial LLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ellington Earnings Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Ellington Financial is extremely important. It helps to project a fair market value of Ellington Stock properly, considering its historical fundamentals such as Earnings Per Share. Since Ellington Financial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ellington Financial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ellington Financial's interrelated accounts and indicators.
Click cells to compare fundamentals
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
| Competition |
Ellington Common Stock Shares Outstanding
Common Stock Shares Outstanding |
|
According to the company disclosure, Ellington Financial LLC has an Earnings Per Share of 0.89 times. This is 29.92% lower than that of the Mortgage Real Estate Investment Trusts (REITs) sector and significantly higher than that of the Financials industry. The earnings per share for all United States stocks is 71.47% higher than that of the company.
Ellington Earnings Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ellington Financial's direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ellington Financial could also be used in its relative valuation, which is a method of valuing Ellington Financial by comparing valuation metrics of similar companies.Ellington Financial is currently under evaluation in earnings per share category among related companies.
Ellington Financial Current Valuation Drivers
We derive many important indicators used in calculating different scores of Ellington Financial from analyzing Ellington Financial's financial statements. These drivers represent accounts that assess Ellington Financial's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ellington Financial's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 587.8M | 654.8M | 841.1M | 749.8M | 877.8M | 921.7M | |
| Enterprise Value | 3.8B | 2.9B | 4.4B | 12.9B | 14.0B | 14.7B |
Ellington Fundamentals
| Return On Equity | 0.0638 | ||||
| Return On Asset | 0.006 | ||||
| Profit Margin | 0.33 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 14.17 B | ||||
| Shares Outstanding | 85.06 M | ||||
| Shares Owned By Insiders | 3.82 % | ||||
| Shares Owned By Institutions | 54.32 % | ||||
| Number Of Shares Shorted | 4.61 M | ||||
| Price To Earning | 35.91 X | ||||
| Price To Book | 0.82 X | ||||
| Price To Sales | 3.78 X | ||||
| Revenue | 351.95 M | ||||
| Gross Profit | 41.69 M | ||||
| EBITDA | 323.48 M | ||||
| Net Income | 84.08 M | ||||
| Cash And Equivalents | 217.05 M | ||||
| Cash Per Share | 8.09 X | ||||
| Total Debt | 13.33 B | ||||
| Debt To Equity | 3.78 % | ||||
| Current Ratio | 1.46 X | ||||
| Book Value Per Share | 13.99 X | ||||
| Cash Flow From Operations | 113.62 M | ||||
| Short Ratio | 4.32 X | ||||
| Earnings Per Share | 0.89 X | ||||
| Price To Earnings To Growth | 0.86 X | ||||
| Target Price | 13.54 | ||||
| Number Of Employees | 400 | ||||
| Beta | 1.93 | ||||
| Market Capitalization | 957.74 M | ||||
| Total Asset | 15.32 B | ||||
| Retained Earnings | (353.36 M) | ||||
| Annual Yield | 0.14 % | ||||
| Five Year Return | 10.72 % | ||||
| Net Asset | 15.32 B | ||||
| Last Dividend Paid | 1.8 |
About Ellington Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ellington Financial LLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ellington Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ellington Financial LLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ellington Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ellington Financial's short interest history, or implied volatility extrapolated from Ellington Financial options trading.
Pair Trading with Ellington Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ellington Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ellington Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Ellington Stock
| 0.78 | DHIL | Diamond Hill Investment | PairCorr |
Moving against Ellington Stock
| 0.78 | CG | Carlyle Group Financial Report 2nd of May 2024 | PairCorr |
| 0.7 | MA | Mastercard Financial Report 25th of April 2024 | PairCorr |
| 0.7 | QD | Qudian Inc | PairCorr |
| 0.68 | TW | Tradeweb Markets Earnings Call This Week | PairCorr |
| 0.63 | WT | WisdomTree Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Ellington Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ellington Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ellington Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ellington Financial LLC to buy it.
The correlation of Ellington Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ellington Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ellington Financial LLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ellington Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Ellington Financial Piotroski F Score and Ellington Financial Altman Z Score analysis. Note that the Ellington Financial LLC information on this page should be used as a complementary analysis to other Ellington Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Ellington Stock analysis
When running Ellington Financial's price analysis, check to measure Ellington Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ellington Financial is operating at the current time. Most of Ellington Financial's value examination focuses on studying past and present price action to predict the probability of Ellington Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ellington Financial's price. Additionally, you may evaluate how the addition of Ellington Financial to your portfolios can decrease your overall portfolio volatility.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |
Is Ellington Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ellington Financial. If investors know Ellington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ellington Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.53) | Dividend Share 1.8 | Earnings Share 0.89 | Revenue Per Share 3.689 | Quarterly Revenue Growth (0.09) |
The market value of Ellington Financial LLC is measured differently than its book value, which is the value of Ellington that is recorded on the company's balance sheet. Investors also form their own opinion of Ellington Financial's value that differs from its market value or its book value, called intrinsic value, which is Ellington Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ellington Financial's market value can be influenced by many factors that don't directly affect Ellington Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ellington Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ellington Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ellington Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.