Argus cuts rating on Ellington Financial stock to Hold

Published on 10/02/2026 at 00:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Argus cut EFC to Hold on September 23, 2026. Analysts set a USD 14.86 target for Ellington Financial stock.

EFC, US28852N1090, Illustration mit AI erstellt.

Ellington Financial (US28852N1090) received a Hold rating from Argus on September 23, 2026, according to Yahoo Finance. The report identifies the company as a specialty finance business and lists a USD 11.83 reference price and a USD 14.86 price target in its research panel.

Hold rating meets strong quarterly figures

The rating change comes alongside a quarterly result that exceeded the cited consensus. MarketBeat reported that Ellington Financial earned USD 0.60 per share in the quarter reported on August 6, 2026, versus USD 0.46 consensus, a USD 0.14 difference. Revenue reached USD 134.11 million against analyst expectations of USD 114.59 million.

The comparison matters because the company combines mortgage-related assets with consumer, corporate and other financial investments. Ellington Financial's investor-relations page lists USD 23.0 billion in assets under management as of June 30, 2026, alongside its residential mortgage, commercial mortgage and consumer-loan strategies.

Dividend sets a clear income signal

MarketBeat said the board declared a USD 0.13 monthly dividend per common share on September 8, 2026, payable October 30, 2026, to shareholders of record on September 30, 2026. The annualized payout is USD 1.56 per share, while the same report cited a 91.2 percent payout ratio.

The income profile therefore sits beside a material coverage question. MarketBeat cited expected earnings of USD 2.09 per share for the following year, implying a 74.6 percent forward payout ratio if that estimate is achieved.

NYSE listing and market reference

Stock Analysis identifies Ellington Financial as an NYSE-listed company under ticker EFC and confirms ISIN US28852N1090. The primary-exchange quote was USD 11.69 on October 1, 2026, with a USD 11.28 to USD 14.12 52-week range and a market capitalization of USD 1.5 billion.

Market reference before the next session

The Lang & Schwarz data set showed a prior close of EUR 10.38 on September 30, 2026. The next reporting date is not included here; the dated market context instead leaves the Argus Hold rating, the USD 14.86 target and the USD 0.13 monthly dividend as the key figures for assessing EFC stock.