If you are wondering whether Ellington Financial at around US$13.53 is offering good value today, you are not alone. This article is designed to walk you through that question step by step.
The stock has had a mixed short term run, with returns of a 1.6% decline over 7 days, a 1.4% decline over 30 days and a 1.1% decline year to date. The longer term picture shows 24.4% over 1 year, 51.1% over 3 years and 62.1% over 5 years.
Recent attention on Ellington Financial has centered around its position within the diversified financials space and how its portfolio construction and funding profile compare with peers. This context helps frame why some investors are reassessing both the potential rewards and the risks that come with the stock at…
