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 $11.71, up 0.95% from the previous day, and has decreased 5.49% in one year. It has underperformed other stocks in the REIT - Mortgage industry by 0.05 percentage points. Ellington Financial stock is currently +7.63% from its 52-week low of $10.88, and -17.59% from its 52-week high of $14.21.
At the moment, there are 85.1M EFC shares outstanding. The market capitalization of EFC is $996.57M. In the last 24 hours, 901,501 EFC shares were traded.
How to Buy Ellington Financial Stock
Not sure how to invest in Ellington Financial stock? Here's how.
- 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.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Choose your payment method and add your information.
- 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).
- 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.
- 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.
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Open eToro AccountStep 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
- 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.
- Input your personal info to create a new trading account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
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.
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 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 13.16x, relative to REIT - Mortgage industry P/E ratio of 61.83x
- EFC may be undervalued based on its P/B ratio of 0.66x, relative to REIT - Mortgage industry P/B ratio of 0.72x
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 -142.2% to 22% in the past year.
Negative Financial Indicators:
- EFC has a relatively high debt to equity ratio of 9.08.
- Total EFC debt is higher than 5 years ago, relative to shareholder equity.
Is EFC stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 4 Wall Street analysts who give forecasts on EFC, the consensus analyst rating on EFC is a Buy
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Ellington Financial stock forecast page.
EFC Trading Indicators
Is EFC Growing Revenue?
Last year, EFC earnings were $60.90M. Over the past 5 year, EFC's earnings have increased by -10.15% per year. This was faster than the REIT - Mortgage industry average of -15.05%.
Last year, EFC revenue was $276.92M. In the last five year, EFC's revenue has gone up by 15.45% per year. This was faster than the REIT - Mortgage industry average of 2.65%.
Find out more about EFC's earnings and revenue performance here.
Are EFC executives and large shareholders buying or selling the stock?
In the last year, insiders at EFC have sold more shares than they have bought.
Lisa Mumford, Director of EFC, was the latest EFC insider to sell. They sold $276,610.80 worth of EFC stock on Dec 14, 2023.
Dig into 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.
What do other traders have to say about EFC?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your EFC purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount limit, place a limit order.
Press the Open Trade button and eToro will execute the order.
If you want more assistance investing in stocks on eToro, watch the how to video below:
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 investment.
Add EFC to a watchlist to keep tabs on your EFC stock.
EFC Feed
How to Buy Stock in Ellington Financial
To reiterate, here are the 6 steps you need to take to buy Ellington Financial stock right now:
- Decide where to buy Ellington Financial stock
- Open your brokerage account
- Deposit funds into your investment account
- Research Ellington Financial stock
- Place your EFC purchase
- Get the latest news on your EFC position
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Ellington Financial, create your watchlist below.
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