EFC stock is currently trading at $12.60, slightly below its estimated book value of $13.52 as of December 31, 2024, indicating potential undervaluation. Bulls highlight its 12.83% forward dividend yield, supported by stable monthly dividends of $0.13, making it attractive for income-focused investors. Additionally, JMP Securities recently reiterated a "Buy" rating with a $14 price target, suggesting a 12% upside.