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Ellington Financial Inc (EFC) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Ellington Financial Inc (EFC) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Ellington Financial LLC is a specialty finance company in United States. Its objective is to generate attractive, risk-adjusted total returns by making investments in residential mortgage-backed securities, corporate debt and other commercial debt. Ellington Financial Inc has a market cap of $528.290 million; its shares were traded at around $17.76 with a P/E ratio of 11.77 and P/S ratio of 7.67. The dividend yield of Ellington Financial Inc stocks is 9.22%.


For the last quarter Ellington Financial Inc reported a revenue of $3.54 million, compared with the revenue of $3.38 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $62.2 million, an increase of 23.4% from last year. For the last five years Ellington Financial Inc had an average revenue decline of 6.1% a year.

The reported diluted earnings per share was $1.52 for the year. The profitability rank of the company is 1 (out of 10).

At the end of the fiscal year, Ellington Financial Inc has the cash and cash equivalents of $44.7 million, compared with $47.2 million in the previous year. The long term debt was $497.1 million, compared with $267.8 million in the previous year. Ellington Financial Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $17.76, Ellington Financial Inc is traded at close to its historical median P/S valuation band of $17.22. The P/S ratio of the stock is 7.67, while the historical median P/S ratio is 7.43. The stock gained 27.90% during the past 12 months.

For the complete 20-year historical financial data of EFC, click here.

This article first appeared on GuruFocus.