Pick Up This Bargain 11.9% Yielder Even Cheaper Than Director Simon Did

There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on September 11, Ellington Financial Inc's Director, Ronald I. Simon, invested $75,176.09 into 5,544 shares of EFC, for a cost per share of $13.56. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money. In trading on Friday, bargain hunters could buy shares of Ellington Financial Inc (Symbol: EFC) and achieve a cost basis 4.1% cheaper than Simon, with shares changing hands as low as $13.01 per share. It should be noted that Simon has collected $0.13/share in dividends since the time of their purchase, so they are currently down 3.1% on their purchase from a total return basis. Ellington Financial Inc shares are currently trading up about 0.5% on the day. The chart below shows the one year performance of EFC shares, versus its 200 day moving average:

Looking at the chart above, EFC's low point in its 52 week range is $11.12 per share, with $14.40 as the 52 week high point — that compares with a last trade of $13.40. By comparison, below is a table showing the prices at which EFC insider buying was recorded over the last six months:

The current annualized dividend paid by Ellington Financial Inc is $1.56/share, currently paid in monthly installments, and its most recent dividend ex-date was on 09/30/2025. Below is a long-term dividend history chart for EFC, which can be of good help in judging whether the most recent dividend with approx. 11.9% annualized yield is likely to continue.

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