Piper Sandler cut target for Ellington Financial stock to USD 14.00

Published on 10/15/2026 at 22:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ellington Financial earned USD 0.60 per share in the second quarter, above USD 0.46 consensus. Ellington Financial stock costs EUR 10.63 on October 15, 2026.

Analyst target and payout timing

Piper Sandler cut its Ellington Financial target to USD 14.00 on October 9, 2026.
Second-quarter earnings per share reached USD 0.60 against USD 0.46 consensus.
Ellington Financial stock costs EUR 10.63 at Lang & Schwarz on October 15, 2026 at 10:36 p.m. CEST.
Shareholders of record on October 30, 2026 are scheduled to receive a USD 0.13 dividend.

EFC, US28852N1090, Illustration mit AI erstellt.

Piper Sandler cut its price target for Ellington Financial stock from USD 15.00 to USD 14.00 on October 9, 2026, while keeping an Overweight rating, according to Markets Insider. The new target stands 17.65 percent above the USD 11.90 NYSE price at the October 15, 2026 after-hours close. Ellington Financial was trading at EUR 10.63 at Lang & Schwarz on October 15, 2026 at 10:36 p.m. CEST.

Second-quarter earnings beat estimates

Ellington Financial reported USD 0.60 earnings per share for the second quarter of 2026, compared with a USD 0.46 consensus estimate, according to MarketBeat. The difference was USD 0.14 per share, giving the latest reported quarter a quantified earnings comparison for investors tracking the target reset.

Price sits near the yearly low

The NYSE price was USD 11.90 at 4:00 p.m. ET on October 15, 2026. The same-day volume reached 2,183,454 shares, versus an average volume of 1,329,576 shares, or 64.22 percent above the average. Ellington Financial's 52-week range was USD 11.28 to USD 14.12, placing the latest home-market price USD 0.62 above the low and USD 2.22 below the high.

Ellington Financial reported USD 58.04 million of consolidated net income and diluted earnings per share of USD 0.43 for the second quarter ended June 30, 2026. Total assets stood at USD 21.03 billion at the same quarter-end. The company invests in mortgage-related, consumer-related, corporate-related and other financial assets.

Valuation and dividend dates

The market capitalization was USD 1.5 billion on October 15, 2026, with a P/E ratio of 7.26 and a dividend yield of 13.00 percent. MarketBeat reported a five-analyst consensus target of USD 14.25 on October 9, 2026, alongside a Hold consensus. The next dated income event is the October 30, 2026 record date for a USD 0.13 monthly dividend, with payment scheduled for November 30, 2026.

Comparison with peers

EFC (NYSE, USD): P/E 7.26, market capitalization USD 1.5 billion

MFA (NYSE, USD): plus 2.29 percent, P/E 5.58, market capitalization USD 677.3 million

AGNC (Nasdaq, USD): plus 2.44 percent, P/E 4.50, market capitalization USD 10.5 billion

Trading position in Germany

The euro quotation gives German investors a separate view of the stock from the NYSE close. Its placement near the lower end of the USD 11.28 to USD 14.12 yearly range remains the clearest market frame, while the USD 14.00 Piper Sandler target supplies the most recent analyst comparison.

The further course of trading is shown by the continuously updated real-time quote of Ellington Financial stock.