Ellington Financial stock gained 1.48 percent on October 6

Published on 10/07/2026 at 03:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ellington Financial stock produced USD 0.60 of adjusted distributable earnings per share in Q2 2026, up from USD 0.55 in Q1. Four analysts rate it Hold with a USD 14.50 target.

EFC, US28852N1090, Illustration mit AI erstellt.

Ellington Financial (ISIN US28852N1090) was last at USD 11.67 on the NYSE on October 6, 2026 at 4:00 p.m. ET, up 1.48 percent. In Q2 2026, adjusted distributable earnings reached USD 0.60 per share, according to The Globe and Mail on August 7, 2026.

Q2 earnings covered the dividend

The adjusted result rose from USD 0.55 per share in Q1 2026, while the company paid USD 0.39 per share in Q2 through three monthly distributions. The same Q2 transcript reported GAAP net income of USD 0.43 per common share and book value of USD 13.61 per share at June 30, 2026.

The book value increased by USD 0.05 from the prior quarter after the dividend payments, and the annualized economic return for Q2 reached 13.6 percent. Ellington Financial acquires and manages mortgage-related, consumer-related, corporate-related and other financial assets, according to its company website.

Consensus target stays above price

MarketBeat lists a Hold consensus based on four analysts and an average 12-month price target of USD 14.50. The page also identifies UBS as raising its target from USD 14.00 to USD 14.50 on August 19, 2026 while keeping a Neutral rating, according to MarketBeat.

That valuation debate sits alongside a high-income profile: the board declared a monthly common dividend of USD 0.13 per share payable October 30, 2026. The payment date and dividend declaration were announced by Business Wire on September 8, 2026.

Stock gained on October 6

Ellington Financial stock was last at USD 11.67 on the NYSE on October 6, 2026 at 4:00 p.m. ET. The session range was USD 11.47 to USD 11.68, while the 52-week range was USD 11.28 to USD 14.12; market capitalization stood at USD 1.5 billion and volume reached 1,887,427 shares.