Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Ellington Financial's share price for the quarter that ended in Dec. 2023 was $12.71. Ellington Financial's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 83.0 Mil. Therefore, Ellington Financial's market cap for the quarter that ended in Dec. 2023 was $1,054.9 Mil.
Ellington Financial's quarterly market cap
declined
from Jun. 2023 ($926.8 Mil) to Sep. 2023 ($850.9 Mil) but then
increased
from Sep. 2023 ($850.9 Mil) to Dec. 2023 ($1,054.9 Mil).
Ellington Financial's annual market cap
declined
from Dec. 2021 ($982.0 Mil) to Dec. 2022 ($789.4 Mil) but then
increased
from Dec. 2022 ($789.4 Mil) to Dec. 2023 ($1,054.9 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Ellington Financial's Enterprise Value for Today is $14,475.1 Mil.
Ellington Financial Market Cap Historical Data
The historical data trend for Ellington Financial's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Ellington Financial's Market Cap
For the REIT - Mortgage subindustry, Ellington Financial's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ellington Financial's Market Cap Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Ellington Financial's Market Cap distribution charts can be found below:
* The bar in red indicates where Ellington Financial's Market Cap falls into.
Ellington Financial Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Ellington Financial's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ellington Financial (NYSE:EFC) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Ellington Financial Market Cap Related Terms
Thank you for viewing the detailed overview of Ellington Financial's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Ellington Financial (Ellington Financial) Business Description
Ellington Financial Inc is a specialty finance company. Its primary investment objective is to generate attractive, risk-adjusted total returns for its shareholders by making investments. the Company has two reportable segments; The Investment Portfolio Segment is focused on investing in a diverse array of financial assets, including residential and commercial mortgage loans, residential mortgage-backed securities, non-mortgage- and mortgage-related derivatives, debt and equity investments in loan origination companies, and other strategic investments, and The Longbridge Segment is focused on the origination and servicing of reverse mortgage loans. it acquires reverse mortgage loans both through its origination activities and through secondary market purchases.
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