WallStreetZenWallStreetZen

How to Buy Ellington Financial Stock

Ellington Financial Inc

Ellington Financial is a mortgage REIT company located in Connecticut, United States, which is part of the Real Estate sector, and is traded under the ticker EFC on the NYSE exchange.

Ellington Financial stock last closed at $12.20, up 0.66% from the previous day, and has decreased 9.96% in one year. It has underperformed other stocks in the REIT - Mortgage industry by 0.03 percentage points. Ellington Financial stock is currently +12.13% from its 52-week low of $10.88, and -14.14% from its 52-week high of $14.21.

At the moment, there are 85.04M EFC shares outstanding. The market capitalization of EFC is $1.04B. In the last 24 hours, 764,924 EFC shares were traded.

How to Buy Ellington Financial Stock

Not sure how to invest in Ellington Financial stock? Here's how.
  1. Decide where to buy Ellington Financial stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Ellington Financial stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Choose your payment method and add your information.
  4. Research Ellington Financial stock: The Ellington Financial ticker symbol is EFC. Is Ellington Financial stock a good investment? Should you buy shares of EFC? How do EFC's underlying business fundamentals look? Do top analysts think Ellington Financial is a good buy? Why has EFC's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if EFC is a good stock to buy).
  5. Place your EFC purchase: Decide if you will purchase EFC shares at the current market price or use a limit order to buy EFC shares at a particular price.
  6. Get the latest news on your EFC position: Create a watchlist to watch your new investment in Ellington Financial stock.

Step 1: Decide where to buy Ellington Financial stock

You need a brokerage account in order to access the NYSE market and buy EFC shares.

A brokerage account enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

We believe that eToro is the best online stock brokerage. Here's why:

  • You can invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
  • Access to world markets: From Technology to Utilities, New York to Hong Kong — you can fill your portfolio with stocks from the globe's top stock exchanges.
  • Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your stock purchase by signing up for an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Open your brokerage account

Now that you've picked the best brokerage, you need to fill out some personal information so you can invest in EFC stock today.

How to Open a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Input your personal info to create a new trading account.
  1. Submit your data by clicking the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit funds into your investment account

Now that you've opened your account on the best stock buying app, you can securely and quickly fund your account:

Watch the walkthrough below for more details depositing funds into your investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Ellington Financial stock

Once you have decided on the best place to buy Ellington Financial stock, it's absolutely critical to evaluate their stock prior to buying, so you actually understand the risk and upside.

Ellington Financial quick stats

EFC Price
$12.20
1w %
0.25%
1y %
-9.96%
5y %
-33.15%
P/E
19.37x
P/B
0.68x
P/S
3.8x
PEG
0.18x
Revenue
$273.23M
Earnings
$48.90M
Fore. Rev. Growth
-43.9%
Fore. Earn. Growth
134.13%
Market Cap
$1.04B
Next Earnings
Aug 5, 2024
Next Dividend
N/A

EFC Fundamentals

WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis.

You can view all of the due diligence checks on EFC's stock page.

Is EFC stock undervalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge EFC's fair value.

Using relative valuations ratios:

  • EFC could be undervalued based on its P/E ratio of 19.37x, relative to REIT - Mortgage industry P/E ratio of 21.03x
  • EFC may be undervalued based on its P/B ratio of 0.68x, relative to REIT - Mortgage industry P/B ratio of 0.73x
  • EFC may be undervalued based on its PEG ratio of 0.18x

You can do more valuation research on EFC's stock here.

How do EFC Financials look?

Positive Financial Indicators:

  • EFC profit margin has gone up from -28.6% to 17.9% in the past year.

Negative Financial Indicators:

  • EFC has a relatively high debt to equity ratio of 8.86.
  • Total EFC debt is higher than 5 years ago, relative to shareholder equity.

Is it a good time to buy EFC stock, according to analysts?

Out of 3 Equities analysts who track EFC, the consensus analyst rating on Ellington Financial is a Strong Buy

Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Ellington Financial stock forecast page.

EFC Technicals

SMA10
12.08
SMA20
12.07
SMA50
11.82
SMA100
11.74
SMA200
12.24
MACD
0.08
MACD Signal
0.08
MACD Histogram
0
RSI
58.42
Stochastic %K
78.98
Stochastic %D
81.6
StochRSI %K
75.87
StochRSI %D
73.9

EFC Earnings

Last year, EFC earnings were $48.90M. In the past five year, EFC's earnings have grown by -14.39% per year. This was faster than the REIT - Mortgage industry average of -20.83%.

Last year, EFC revenue was $273.23M. During the last five year, EFC's revenue has gone up by 15.99% per year. This was faster than the REIT - Mortgage industry average of 9.21%.

Find out more about EFC's earnings and revenue performance here.

What are EFC insiders up to?

Over the last 12 months, insiders at EFC have sold more shares than they have bought.

Michael W. Vranos, Co-Chief Investment Officer of EFC, was the latest EFC insider to sell. They sold $100,869.90 worth of EFC shares on Jun 17, 2024.

Research more about who owns EFC stock here.

Does EFC provide a stable income stream?

No, Ellington Financial doesn't provide an income stream by paying out dividends.

EFC Social Trading Data

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other community members have to say.

Step 5: Place your EFC purchase

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a given price limit, place a limit order.

Click the Open button and your broker will place the order.

If you need more info about investing in stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Get the latest news on your EFC position

Now that you own some EFC shares, you'll want to keep up with your new company.

Create a watchlist to monitor your EFC stock.

EFC Feed

How to Buy Stock in Ellington Financial

To reiterate, here are the 6 steps to buy stock in Ellington Financial:

  1. Decide where to buy Ellington Financial stock
  2. Open your brokerage account
  3. Deposit funds into your investment account
  4. Research Ellington Financial stock
  5. Place your EFC purchase
  6. Get the latest news on your EFC position

If you require a place to buy stocks, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep track of your new investment in Ellington Financial, create your watchlist below.

NYSE: EFC
$12.20+0.08 (+0.66%)
Updated Jun 24, 2024
Open eToro Account
NYSE: EFC
$12.20+0.08 (+0.66%)
Updated Jun 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Ellington Financial share?

As of Jun 24, 2024, it costs $12.20 to buy one share of Ellington Financial stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $6, you can buy 0.492 shares of EFC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Ellington Financial stock?

According to 3 Wall Street analysts who monitor Ellington Financial, their consensus recommendation is to buy Ellington Financial stock.

What is the best way to buy Ellington Financial stock?

One way to place an order for Ellington Financial stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.