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Ellington Financial ( (EFC) ) just unveiled an announcement.
On December 23, 2025, Ellington Financial Inc. and its external manager amended their existing equity distribution agreements tied to the company’s at-the-market common stock offering program and simultaneously entered into new, substantively identical equity distribution agreements with Citadel Securities Institutional LLC and Moelis & Company LLC, adding them as additional sales agents alongside Citizens JMP, B. Riley Securities, BTIG and Armstrong Securities. The amendments increased the maximum aggregate offering capacity under the program, with up to $500 million of common shares remaining available to be sold from time to time via at-the-market transactions on the New York Stock Exchange and other markets through these agents, who may earn up to 2.0% of gross proceeds, a move that enhances Ellington Financial’s flexibility to raise equity capital and deepens its syndicate of distribution partners without obligating the company to issue any specific amount of stock.
The most recent analyst rating on (EFC) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on Ellington Financial stock, see the EFC Stock Forecast page.
Spark’s Take on EFC Stock
According to Spark, TipRanks’ AI Analyst, EFC is a Outperform.
Ellington Financial’s overall stock score is driven by strong earnings call performance and attractive valuation. However, financial performance concerns, particularly revenue volatility and cash flow instability, weigh on the score. Technical indicators support a moderately positive outlook.
To see Spark’s full report on EFC stock, click here.
More about Ellington Financial
Ellington Financial Inc. is a publicly traded financial company that raises capital through common stock offerings and operates in the securities and capital markets, utilizing at-the-market equity distribution programs managed by Ellington Financial Management LLC and a network of investment banks and broker-dealers as sales agents.
Average Trading Volume: 1,359,956
Technical Sentiment Signal: Buy
Current Market Cap: $1.54B
Find detailed analytics on EFC stock on TipRanks’ Stock Analysis page.