Ellington Financial

Aging And Homeownership Trends Will Expand Nonbank Lending

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

15 Sep 24

Updated

01 May 25

n/a

AnalystConsensusTarget's Fair Value

n/a

11.8%

0.1%

11.8%

0.1%

You can edit this narrative until May 12 6:02 AM. Then, changes will post as Updates.

Author's Valuation

US$14.535.6% undervalued

AnalystConsensusTarget Fair Value

Narrative

Updates8

Shared on 01 May 25

Fair value Increased 4.84%

Shared on 23 Apr 25

Fair value Decreased 0.14%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Decreased 0.86%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

AnalystConsensusTarget has decreased discount rate from 10.0% to 8.7%.

Shared on 02 Apr 25

Fair value Decreased 0.85%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 11 Mar 25

Fair value Decreased 1.16%

AnalystConsensusTarget has decreased revenue growth from 19.9% to 15.1%, increased future PE multiple from 11.8x to 13.8x and increased discount rate from 8.5% to 10.0%.

AnalystConsensusTarget Fair Value

US$14.53

5.6% undervalued

Future estimation in

% p.a.

Decrease

Increase

Current revenue growth rate

18.01%

Mortgage REITs revenue growth rate

N/A

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

Decrease

Increase

Current discount rate

9.18%

Calculation

US$200.81m

Earnings '28

11.57x

PE Ratio '28

US$2.32b

Market Cap '28

US$2.32b

Market Cap '28

122.37m

No. shares '28

US$18.99

Share Price '28

US$18.99 Share Price '28

Discounted to 2025 @ 9.14% p.a.

US$14.61

Fair Value '25