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Ellington Financial Inc. (EFC-PD) Stock Fundamental Analysis & AI Rating 2026

EFC-PD NYSE Real Estate DE CIK: 0001411342
Updated This Month • Analysis: Mar 24, 2026 • SEC Data: 2025-12-31
Combined AI Rating
SELL
73% Confidence
AGREEMENT
SELL
78% Conf
HOLD
68% Conf

📊 EFC-PD Key Takeaways

Revenue: $190.0M
Net Margin: 62.5%
Free Cash Flow: $-925.5M
Current Ratio: N/A
Debt/Equity: 0.00x
EPS: $1.19
AI Rating: SELL with 78% confidence
Ellington Financial Inc. (EFC-PD) receives a SELL rating with 73% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $190.0M, net profit margin of 62.5%, and return on equity (ROE) of 6.5%, Ellington Financial Inc. demonstrates mixed fundamentals in the Real Estate sector. Below is our complete EFC-PD stock analysis for 2026.

Is Ellington Financial Inc. (EFC-PD) a Good Investment?

Claude

Ellington Financial exhibits severe operational distress with negative operating income (-20.1% margin), massive negative operating cash flow (-$925.5M), and deteriorating profitability (-21.2% YoY net income decline) despite revenue growth. The company's highly leveraged capital structure (90.3% liabilities-to-assets) with $17.5B in liabilities against only $1.8B equity raises solvency concerns, while negative interest coverage indicates inability to service debt from operations.

ChatGPT

Ellington Financial shows solid top-line growth and remains strongly profitable at the net income level, supported by a large asset base and positive earnings generation. However, the negative operating income, weak returns on equity and assets, and very large negative operating cash flow point to uneven earnings quality and elevated balance-sheet complexity. The fundamentals support stability, but not enough to justify a more aggressive rating without clearer improvement in core profitability and cash generation.

Why Buy Ellington Financial Inc. Stock? EFC-PD Key Strengths

Claude
  • + Revenue growth of 29.7% YoY demonstrates top-line expansion
  • + Substantial asset base of $19.4B provides operational scale
  • + Positive net income of $118.7M indicates some profitability at bottom line
  • + Zero long-term debt on balance sheet reduces refinancing risk
ChatGPT
  • + Revenue grew 29.7% year over year, indicating strong business momentum
  • + Net income remained positive at $118.74M with a high 62.5% net margin
  • + Equity base of $1.83B and no reported long-term debt provide some capital structure flexibility

EFC-PD Stock Risks: Ellington Financial Inc. Investment Risks

Claude
  • ! Severe negative operating cash flow of -$925.5M indicates operations are burning cash at unsustainable rate
  • ! Operating margin of -20.1% shows core business is deeply unprofitable before financing costs
  • ! Highly leveraged balance sheet with $17.5B liabilities versus $1.8B equity (9.7x leverage) creates significant financial risk
  • ! Negative interest coverage of -0.1x means operating income cannot cover interest obligations
  • ! Deteriorating profitability with net income down 21.2% YoY despite revenue growth signals operational challenges
  • ! Minimal cash reserves of $201.9M relative to $17.5B liability obligations
ChatGPT
  • ! Operating income was negative at -$38.20M, showing weak core operating profitability
  • ! Operating cash flow was deeply negative at -$925.46M, raising concerns about earnings quality and funding dependence
  • ! Returns are modest for the balance-sheet size, with ROE of 6.5% and ROA of 0.6%

Key Metrics to Watch

Claude
  • * Operating cash flow trend and path to positive FCF
  • * Operating margin improvement and return to profitability
  • * Total liabilities reduction and debt management strategy
  • * Interest coverage ratio and ability to service debt obligations
  • * Quarterly revenue and net income sustainability
ChatGPT
  • * Operating income and operating margin trend
  • * Operating cash flow versus net income

Ellington Financial Inc. (EFC-PD) Financial Metrics & Key Ratios

Revenue
$190.0M
Net Income
$118.7M
EPS (Diluted)
$1.19
Free Cash Flow
$-925.5M
Total Assets
$19.4B
Cash Position
$201.9M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

EFC-PD Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -20.1%
Net Margin 62.5%
ROE 6.5%
ROA 0.6%
FCF Margin -487.2%

EFC-PD vs Real Estate Sector: How Ellington Financial Inc. Compares

How Ellington Financial Inc. compares to Real Estate sector averages

Net Margin
EFC-PD 62.5%
vs
Sector Avg 20.0%
EFC-PD Sector
ROE
EFC-PD 6.5%
vs
Sector Avg 8.0%
EFC-PD Sector
Current Ratio
EFC-PD 0.0x
vs
Sector Avg 1.5x
EFC-PD Sector
Debt/Equity
EFC-PD 0.0x
vs
Sector Avg 1.5x
EFC-PD Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Ellington Financial Inc. Stock Overvalued? EFC-PD Valuation Analysis 2026

Based on fundamental analysis, Ellington Financial Inc. appears fundamentally strong relative to the Real Estate sector in 2026.

Return on Equity
6.5%
Sector avg: 8%
Net Profit Margin
62.5%
Sector avg: 20%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 1.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Ellington Financial Inc. Balance Sheet: EFC-PD Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.00x
Debt/Assets
90.3%
Interest Coverage
-0.13x
Long-term Debt
$0.0

EFC-PD Revenue & Earnings Growth: 5-Year Financial Trend

EFC-PD 5-year financial data:
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Ellington Financial Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $0.89 reflects profitable operations.

EFC-PD Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-487.2%
Free cash flow / Revenue

Ellington Financial Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$925.5M
Cash generated from operations
Dividends Paid
$183.6M
Returned to shareholders

EFC-PD SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Ellington Financial Inc. (CIK: 0001411342)

📋 Recent SEC Filings

Date Form Document Action
Apr 9, 2026 DEF 14A efc-20260408.htm View →
Apr 7, 2026 8-K efc-20260407.htm View →
Mar 25, 2026 8-K efc-20260324.htm View →
Mar 9, 2026 8-K efc-20260309.htm View →
Mar 5, 2026 8-K efc-20260305.htm View →

Frequently Asked Questions about EFC-PD

What is the AI rating for EFC-PD?

Ellington Financial Inc. (EFC-PD) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 73% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are EFC-PD's key strengths?

Claude: Revenue growth of 29.7% YoY demonstrates top-line expansion. Substantial asset base of $19.4B provides operational scale. ChatGPT: Revenue grew 29.7% year over year, indicating strong business momentum. Net income remained positive at $118.74M with a high 62.5% net margin.

What are the risks of investing in EFC-PD?

Claude: Severe negative operating cash flow of -$925.5M indicates operations are burning cash at unsustainable rate. Operating margin of -20.1% shows core business is deeply unprofitable before financing costs. ChatGPT: Operating income was negative at -$38.20M, showing weak core operating profitability. Operating cash flow was deeply negative at -$925.46M, raising concerns about earnings quality and funding dependence.

What is EFC-PD's revenue and growth?

Ellington Financial Inc. reported revenue of $190.0M.

Does EFC-PD pay dividends?

Ellington Financial Inc. pays dividends, with $183.6M distributed to shareholders in the trailing twelve months.

Where can I find EFC-PD SEC filings?

Official SEC filings for Ellington Financial Inc. (CIK: 0001411342) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is EFC-PD's EPS?

Ellington Financial Inc. has a diluted EPS of $1.19.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is EFC-PD a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Ellington Financial Inc. has a SELL rating with 73% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is EFC-PD stock overvalued or undervalued?

Valuation metrics for EFC-PD: ROE of 6.5% (sector avg: 8%), net margin of 62.5% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.

Should I buy EFC-PD stock in 2026?

Our dual AI analysis gives Ellington Financial Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is EFC-PD's free cash flow?

Ellington Financial Inc.'s operating cash flow is $-925.5M, with capital expenditures of N/A. FCF margin is -487.2%.

How does EFC-PD compare to other Real Estate stocks?

Vs Real Estate sector averages: Net margin 62.5% (avg: 20%), ROE 6.5% (avg: 8%), current ratio N/A (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 24, 2026 | Data as of: 2025-12-31 | Powered by Claude AI