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Conference/Events
Ellington Financial management to meet virtually with Piper Sandler » 04:55
06/18/20
06/18
04:55
06/18/20
04:55
EFC

Ellington Financial

$12.23 /

-0.13 (-1.05%)

Virtual Meeting to be…

Virtual Meeting to be held on June 18 hosted by Piper Sandler.

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EFC Ellington Financial
$12.23 /

-0.13 (-1.05%)

EFC Ellington Financial
$12.23 /

-0.13 (-1.05%)

04/09/20 Piper Sandler
Mortgage Finance volatility brings 'unique opportunity,' says Piper Sandler
09/27/19 Nomura Instinet
Ellington Financial initiated with a Buy at Nomura Instinet
EFC Ellington Financial
$12.23 /

-0.13 (-1.05%)

Conference/Events
Ellington Financial management to meet virtually with Piper Sandler » 11:26
06/12/20
06/12
11:26
06/12/20
11:26
EFC

Ellington Financial

$11.53 /

+0.34 (+3.04%)

Virtual Meeting to be…

Virtual Meeting to be held on June 18 hosted by Piper Sandler.

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EFC Ellington Financial
$11.53 /

+0.34 (+3.04%)

EFC Ellington Financial
$11.53 /

+0.34 (+3.04%)

04/09/20 Piper Sandler
Mortgage Finance volatility brings 'unique opportunity,' says Piper Sandler
09/27/19 Nomura Instinet
Ellington Financial initiated with a Buy at Nomura Instinet
EFC Ellington Financial
$11.53 /

+0.34 (+3.04%)

Hot Stocks
Ellington Financial declares monthly dividend of 9c per common share » 15:11
06/07/20
06/07
15:11
06/07/20
15:11
EFC

Ellington Financial

$11.81 /

+0.39 (+3.42%)

Ellington Financial…

Ellington Financial announced that its Board of Directors has declared a monthly dividend of 9c per common share, payable on July 27, 2020 to stockholders of record as of June 30, 2020. The company also announced its estimated book value per common share of $15.25 as of May 31, 2020. This estimate includes the effect of the previously announced monthly dividend of 8c per common share, payable on June 25, 2020 to holders of record on May 29, 2020, with an ex-dividend date of May 28, 2020.

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EFC Ellington Financial
$11.81 /

+0.39 (+3.42%)

EFC Ellington Financial
$11.81 /

+0.39 (+3.42%)

04/09/20 Piper Sandler
Mortgage Finance volatility brings 'unique opportunity,' says Piper Sandler
09/27/19 Nomura Instinet
Ellington Financial initiated with a Buy at Nomura Instinet
EFC Ellington Financial
$11.81 /

+0.39 (+3.42%)

Over a month ago
Earnings
Ellington Financial reports Q1 core EPS 46c vs. 44c a year ago » 18:00
05/07/20
05/07
18:00
05/07/20
18:00
EFC

Ellington Financial

$9.88 /

+0.27 (+2.81%)

Book value per common…

Book value per common share as of March 31 of $15.06, including the effects of dividends of 45c per common share for the quarter.

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EFC Ellington Financial
$9.88 /

+0.27 (+2.81%)

04/09/20 Piper Sandler
Mortgage Finance volatility brings 'unique opportunity,' says Piper Sandler
09/27/19 Nomura Instinet
Ellington Financial initiated with a Buy at Nomura Instinet
Syndicate
Ellington Financial files automatic mixed securities shelf  17:24
04/29/20
04/29
17:24
04/29/20
17:24
EFC

Ellington Financial

$10.91 /

+0.57 (+5.51%)

 
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EFC Ellington Financial
$10.91 /

+0.57 (+5.51%)

04/09/20 Piper Sandler
Mortgage Finance volatility brings 'unique opportunity,' says Piper Sandler
09/27/19 Nomura Instinet
Ellington Financial initiated with a Buy at Nomura Instinet
Recommendations
Mortgage Finance volatility brings 'unique opportunity,' says Piper Sandler » 08:09
04/09/20
04/09
08:09
04/09/20
08:09
COOP

Mr. Cooper

$7.16 /

+1.2 (+20.13%)

, PFSI

PennyMac Financial

$24.00 /

+3.68 (+18.11%)

, AJX

Great Ajax

$7.01 /

+0.65 (+10.22%)

, CHMI

Cherry Hill Mortgage

$6.06 /

+1.49 (+32.60%)

, EFC

Ellington Financial

$9.11 /

+3.91 (+75.19%)

, PMT

PennyMac Mortgage

$9.83 /

+1.26 (+14.70%)

, RC

Ready Capital

$5.36 /

+0.56 (+11.67%)

The volatility in the…

The volatility in the Mortgage Finance sector presents a "unique opportunity" for the mortgage originator/servicers with low leverage and access to ample liquidity, Piper Sandler analyst Kevin Barker tells investors in a research note. PennyMac Financial (PFSI) has come under significant pressure as the market discounted the potential for a liquidity squeeze from the government's forbearance programs, adds the analyst. However, Baker believes these fears have been over-discounted in the stock given PennyMac's "strong capital base and diverse funding profile." The analyst believes PennyMac is operating from a position of strength and that the overhangs will erode with the company announcing an expansion of its credit lines. Other Overweight-rated names for Baker include Mr. Cooper Group (COOP), Great Ajax (AJX), Cherry Hill Mortgage (CHMI), Ellington Financial (EFC), PennyMac Mortgage (PMT) and Ready Capital (RC). The analyst did not downgrade Mr. Cooper Group this morning as has been reported by other media outlets.

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COOP Mr. Cooper
$7.16 /

+1.2 (+20.13%)

04/07/20 Wedbush
Mr. Cooper downgraded to Neutral at Wedbush
04/07/20 Wedbush
Mr. Cooper downgraded to Neutral from Outperform at Wedbush
03/18/20 Piper Sandler
Mr. Cooper upgraded to Overweight from Underweight at Piper Sandler
PFSI PennyMac Financial
$24.00 /

+3.68 (+18.11%)

04/03/20 Wells Fargo
Wells Fargo views PennyMac Financial weakness as industry issue
03/23/20 JMP Securities
PennyMac Financial upgraded to Outperform from Market Perform at JMP Securities
02/28/20 Keefe Bruyette
PennyMac Financial upgraded to Outperform from Market Perform at Keefe Bruyette
02/13/20 Wells Fargo
PennyMac selloff on BlackRock sale a buying opportunity, says Wells Fargo
AJX Great Ajax
$7.01 /

+0.65 (+10.22%)

04/06/20 Raymond James
Raymond James cuts estimates and targets for residential mortgage REITs
CHMI Cherry Hill Mortgage
$6.06 /

+1.49 (+32.60%)

04/08/20 B. Riley FBR
Cherry Hill Mortgage price target lowered to $9 from $15 at B. Riley FBR
01/31/20 Piper Sandler
Cherry Hill Mortgage initiated with an Overweight at Piper Sandler
EFC Ellington Financial
$9.11 /

+3.91 (+75.19%)

09/27/19 Nomura Instinet
Ellington Financial initiated with a Buy at Nomura Instinet
PMT PennyMac Mortgage
$9.83 /

+1.26 (+14.70%)

12/02/19 Compass Point
PennyMac Mortgage initiated with a Neutral at Compass Point
10/11/19 Deutsche Bank
PennyMac Mortgage initiated with a Buy rating at Deutsche Bank
09/23/19 BofA
PennyMac Mortgage initiated with a Buy at BofA/Merrill
RC Ready Capital
$5.36 /

+0.56 (+11.67%)

12/23/19
Fly Intel: Top five analyst actions
12/23/19 Sandler O'Neill
Ready Capital upgraded to Buy from Hold at Sandler O'Neill
11/08/19 Compass Point
Ready Capital downgraded to Hold from Buy at Compass Point
Hot Stocks
Ellington Financial rises 56.3% » 10:00
04/08/20
04/08
10:00
04/08/20
10:00
EFC

Ellington Financial

$8.15 /

+2.95 (+56.73%)

Ellington Financial is up…

Ellington Financial is up 56.3%, or $2.94 to $8.16.

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EFC Ellington Financial
$8.15 /

+2.95 (+56.73%)

09/27/19 Nomura Instinet
Ellington Financial initiated with a Buy at Nomura Instinet
Hot Stocks
Ellington Financial rises 47.9% » 09:47
04/08/20
04/08
09:47
04/08/20
09:47
EFC

Ellington Financial

$7.80 /

+2.6 (+50.00%)

Ellington Financial is up…

Ellington Financial is up 47.9%, or $2.50 to $7.72.

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EFC Ellington Financial
$7.80 /

+2.6 (+50.00%)

09/27/19 Nomura Instinet
Ellington Financial initiated with a Buy at Nomura Instinet
Over a quarter ago
Hot Stocks
Ellington Financial trading resumes  12:14
03/18/20
03/18
12:14
03/18/20
12:14
EFC

Ellington Financial

$3.81 /

-3.43 (-47.38%)

 
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EFC Ellington Financial
$3.81 /

-3.43 (-47.38%)

09/27/19 Nomura Instinet
Ellington Financial initiated with a Buy at Nomura Instinet
Hot Stocks
Ellington Financial trading halted, volatility trading pause  12:08
03/18/20
03/18
12:08
03/18/20
12:08
EFC

Ellington Financial

$4.10 /

-3.14 (-43.37%)

 
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EFC Ellington Financial
$4.10 /

-3.14 (-43.37%)

09/27/19 Nomura Instinet
Ellington Financial initiated with a Buy at Nomura Instinet

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