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Ellington Financial Inc. EFC
Real Estate - REIT - Mortgage - NYSE - US
Watchlist
$ 12.2
0.164 %
$ 1.11 B
Market Cap
9.46
P/E
1. INTRINSIC VALUE

Ellington Financial Inc., through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. The company acquires and manages residential mortgage-backed securities (RMBS) backed by prime jumbo, Alt-A, manufactured housing, and subprime residential mortgage loans; RMBS for which the principal and interest payments are guaranteed by the U.S. government agency or the U.S. government-sponsored entity; residential mortgage loans; commercial mortgage-backed securities; and commercial mortgage loans and other commercial real estate debt. It also provides collateralized loan obligations; mortgage-related and non-mortgage-related derivatives; corporate debt and equity securities; corporate loans; and other strategic investments.[ Read More ]

The intrinsic value of one EFC stock under the base case scenario is HIDDEN Compared to the current market price of 12.2 USD, Ellington Financial Inc. is HIDDEN

EFC Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart EFC

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FINANCIALS
352 M REVENUE
715.70%
Growth Rates
1Year 715.70%
3Years 124.14%
5Years 35.58%
7Years 104.57%
10Years 15.01%
131 M OPERATING INCOME
14.07%
Growth Rates
1Year 14.07%
3Years 53.10%
5Years 4.78%
7Years 138.32%
10Years 3.84%
84.1 M NET INCOME
218.65%
Growth Rates
1Year 218.65%
3Years 43.63%
5Years 11.00%
7Years 32.98%
10Years 0.58%
-242 M OPERATING CASH FLOW
-566.60%
Growth Rates
1Year -566.60%
3Years -44.61%
5Years 13.32%
7Years -23.85%
10Years 0.10%
175 M INVESTING CASH FLOW
109.98%
Growth Rates
1Year 109.98%
3Years -29.88%
5Years 16.50%
7Years 14.59%
10Years 9.45%
75.6 M FINANCING CASH FLOW
-95.89%
Growth Rates
1Year -95.89%
3Years 28.64%
5Years -31.23%
7Years 14.50%
10Years -14.65%
33.6 M REVENUE
-62.47%
Growth Rates
1Year 715.70%
3Years 124.14%
5Years 35.58%
7Years 104.57%
10Years 15.01%
12 M OPERATING INCOME
-89.59%
Growth Rates
1Year 14.07%
3Years 53.10%
5Years 4.78%
7Years 138.32%
10Years 3.84%
59.2 M NET INCOME
76.27%
Growth Rates
1Year 218.65%
3Years 43.63%
5Years 11.00%
7Years 32.98%
10Years 0.58%
38.7 M OPERATING CASH FLOW
221.22%
Growth Rates
1Year -566.60%
3Years -44.61%
5Years 13.32%
7Years -23.85%
10Years 0.10%
-43.3 M INVESTING CASH FLOW
-11.80%
Growth Rates
1Year 109.98%
3Years -29.88%
5Years 16.50%
7Years 14.59%
10Years 9.45%
15.3 M FINANCING CASH FLOW
104.13%
Growth Rates
1Year -95.89%
3Years 28.64%
5Years -31.23%
7Years 14.50%
10Years -14.65%
Balance Sheet Decomposition Ellington Financial Inc.
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Current Assets 229 M
Cash & Short-Term Investments 229 M
Receivables 0
Other Current Assets 0
Non-Current Assets 14.3 B
Long-Term Investments 14.3 B
PP&E 4.39 M
Other Non-Current Assets 29.6 M
Current Liabilities 5.09 B
Accounts Payable 71.9 M
Short-Term Debt 4.61 B
Other Current Liabilities 412 M
Non-Current Liabilities 2.57 M
Long-Term Debt 2.57 M
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall Ellington Financial Inc.
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Revenue 352 M
Cost Of Revenue 100 M
Gross Profit 252 M
Operating Expenses 121 M
Operating Income 131 M
Other Expenses 46.5 M
Net Income 84.1 M
RATIOS
71.54% GROSS MARGIN
71.54%
Averages
1Year 71.54%
3Years 63.80%
5Years 56.55%
7Years 40.43%
10Years -36.37%
37.10% OPERATING MARGIN
37.10%
Averages
1Year 37.10%
3Years 138.13%
5Years 120.13%
7Years 191.60%
10Years 154.29%
23.89% NET MARGIN
23.89%
Averages
1Year 23.89%
3Years 24.89%
5Years 22.43%
7Years 32.94%
10Years -29.88%
5.54% ROE
5.54%
Averages
1Year 5.54%
3Years 3.77%
5Years 3.45%
7Years 3.79%
10Years 3.68%
0.55% ROA
0.55%
Averages
1Year 0.55%
3Years 0.70%
5Years 0.63%
7Years 0.65%
10Years 0.66%
2.12% ROIC
2.12%
Averages
1Year 2.12%
3Years 5.03%
5Years -0.60%
7Years 1.88%
10Years 2.87%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Ellington Financial Inc.
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Net Income 84.1 M
Depreciation & Amortization 0
Capital Expenditures 0
Stock-Based Compensation 0
Change in Working Capital -199 M
Others -326 M
Free Cash Flow -242 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Ellington Financial Inc.
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Wall Street analysts predict an average 1-year price target for EFC of $13.5 , with forecasts ranging from a low of $13 to a high of $14 .
EFC Lowest Price Target Wall Street Target
13 USD 6.56%
EFC Average Price Target Wall Street Target
13.5 USD 10.66%
EFC Highest Price Target Wall Street Target
14 USD 14.75%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.13 USD DIVIDEND PER SHARE
5. COMPETITION

Ellington Residential Mortgage REIT, a real estate investment trust, specializes in acquiring, investing in, and managing residential mortgage-and real estate-related assets.

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2.56 USD
EARN
Overvalued 60.33%

Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company's RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS.

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7.3 USD
ORC
Overvalued 6.48%

ARMOUR Residential REIT, Inc. invests in residential mortgage-backed securities (MBS) in the United States. The company's securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable-rate home loans, as well as unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments.

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-5.09 USD
ARR
Overvalued 127.08%

Dynex Capital, Inc., a mortgage real estate investment trust, invests in mortgage-backed securities (MBS) on a leveraged basis in the United States.

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26.1 USD
DX
Undervalued 110.02%

Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate (CRE) loans and related investments in the United States.

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0.0105 USD
ACRE
Overvalued 99.85%

Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manages residential mortgage assets in the United States.

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-0.00443 USD
CHMI
Overvalued 100.16%

Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and other financial assets in the United States.

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-11.6 USD
TWO
Overvalued 199.77%

AGNC Investment Corp. operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by the United States government-sponsored enterprise or by the United States government agency.

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0.748 USD
AGNC
Overvalued 92.19%

Invesco Mortgage Capital Inc. operates as a real estate investment trust (REIT) that primarily focuses on investing in, financing, and managing mortgage-backed securities and other mortgage-related assets.

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0.0117 USD
IVR
Overvalued 99.86%

Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of residential, commercial mortgage loans, and other real estate related securities.

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12.2 USD
CIM
Overvalued 16.76%

Ready Capital Corporation operates as a real estate finance company in the United States. The company acquires, originates, manages, services, and finances small to medium balance commercial (SBC) loans, small business administration (SBA) loans, residential mortgage loans, and mortgage backed securities collateralized primarily by SBC loans, or other real estate-related investments.

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16.2 USD
RC
Undervalued 130.45%
6. Ownership
Insider Ownership Ellington Financial Inc.
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Sold
0-3 MONTHS
355 K USD 1
3-6 MONTHS
273 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
277 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 month ago
Oct 14, 2024
Sell 175 K USD
Vranos Michael W
Co-Chief Investment Officer
- 14000
 12.479 USD
1 month ago
Oct 15, 2024
Sell 181 K USD
Vranos Michael W
Co-Chief Investment Officer
- 14361
 12.579 USD
4 months ago
Jul 02, 2024
Sell 71.5 K USD
Vranos Michael W
Co-Chief Investment Officer
- 5900
 12.12 USD
5 months ago
Jun 14, 2024
Sell 101 K USD
Vranos Michael W
Co-Chief Investment Officer
- 8300
 12.1099 USD
5 months ago
Jun 17, 2024
Sell 101 K USD
Vranos Michael W
Co-Chief Investment Officer
- 8300
 12.1534 USD
11 months ago
Dec 14, 2023
Sell 277 K USD
Mumford Lisa
Director
- 21180
 13.06 USD
6 years ago
Nov 14, 2018
Bought 462 K USD
Penn Laurence
CEO and President
+ 28631
 16.15 USD
6 years ago
Nov 12, 2018
Bought 486 K USD
Penn Laurence
CEO and President
+ 30000
 16.2 USD
6 years ago
May 23, 2018
Bought 29.8 K USD
SIMON RONALD I
Director
+ 1839
 16.2 USD
6 years ago
May 14, 2018
Bought 63.2 K USD
Penn Laurence
CEO and President
+ 3959
 15.96 USD
6 years ago
May 14, 2018
Bought 253 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 15835
 15.96 USD
6 years ago
May 11, 2018
Bought 1.01 M USD
Vranos Michael W
Co-Chief Investment Officer
+ 63960
 15.8 USD
6 years ago
May 11, 2018
Bought 316 K USD
Penn Laurence
CEO and President
+ 19990
 15.79 USD
6 years ago
May 10, 2018
Bought 61.2 K USD
Penn Laurence
CEO and President
+ 3900
 15.68 USD
11 years ago
Nov 14, 2013
Bought 11.6 M USD
Vranos Michael W
Co-Chief Investment Officer
+ 500000
 23.275 USD
11 years ago
Aug 30, 2013
Bought 0 USD
Vranos Michael W
Co-Chief Investment Officer
+ 90757
 0 USD
11 years ago
Aug 30, 2013
Sell 0 USD
Vranos Michael W
Co-Chief Investment Officer
- 90757
 0 USD
11 years ago
Aug 30, 2013
Sell 0 USD
Penn Laurence
CEO and President
- 38759
 0 USD
11 years ago
Dec 18, 2012
Sell 4.66 M USD
Vranos Michael W
Co-Chief Investment Officer
- 212000
 22 USD
12 years ago
Dec 30, 2011
Bought 9.34 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 544
 17.16 USD
12 years ago
Dec 30, 2011
Bought 3.11 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 181
 17.16 USD
12 years ago
Dec 30, 2011
Bought 10.9 K USD
Penn Laurence
CEO and President
+ 635
 17.16 USD
12 years ago
Dec 29, 2011
Bought 3.11 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 181
 17.16 USD
12 years ago
Dec 29, 2011
Bought 10.9 K USD
Penn Laurence
CEO and President
+ 634
 17.16 USD
12 years ago
Dec 29, 2011
Bought 9.32 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 543
 17.16 USD
12 years ago
Dec 28, 2011
Bought 9.8 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 570
 17.2 USD
12 years ago
Dec 27, 2011
Bought 7.95 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 463
 17.17 USD
12 years ago
Dec 28, 2011
Bought 11.4 K USD
Penn Laurence
CEO and President
+ 665
 17.2 USD
12 years ago
Dec 27, 2011
Bought 9.27 K USD
Penn Laurence
CEO and President
+ 540
 17.17 USD
12 years ago
Dec 28, 2011
Bought 3.27 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 190
 17.2 USD
12 years ago
Dec 27, 2011
Bought 2.64 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 154
 17.17 USD
12 years ago
Dec 22, 2011
Bought 22.1 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 1290
 17.1 USD
12 years ago
Dec 21, 2011
Bought 25.8 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 1500
 17.17 USD
12 years ago
Dec 22, 2011
Bought 25.7 K USD
Penn Laurence
CEO and President
+ 1505
 17.1 USD
12 years ago
Dec 21, 2011
Bought 30 K USD
Penn Laurence
CEO and President
+ 1750
 17.17 USD
12 years ago
Dec 22, 2011
Bought 7.35 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 430
 17.1 USD
12 years ago
Dec 21, 2011
Bought 8.58 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 500
 17.17 USD
12 years ago
Dec 20, 2011
Bought 18.1 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 1050
 17.23 USD
12 years ago
Dec 19, 2011
Bought 20.5 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 1200
 17.09 USD
12 years ago
Dec 20, 2011
Bought 21.1 K USD
Penn Laurence
CEO and President
+ 1225
 17.23 USD
12 years ago
Dec 19, 2011
Bought 23.9 K USD
Penn Laurence
CEO and President
+ 1400
 17.09 USD
12 years ago
Dec 20, 2011
Bought 6.03 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 350
 17.23 USD
12 years ago
Dec 19, 2011
Bought 6.84 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 400
 17.09 USD
12 years ago
Dec 08, 2011
Bought 2.73 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 160
 17.04 USD
12 years ago
Dec 08, 2011
Bought 9.54 K USD
Penn Laurence
CEO and President
+ 560
 17.04 USD
12 years ago
Dec 08, 2011
Bought 8.18 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 480
 17.04 USD
12 years ago
Dec 06, 2011
Bought 6.66 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 390
 17.08 USD
12 years ago
Dec 05, 2011
Bought 13.1 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 774
 16.96 USD
12 years ago
Dec 06, 2011
Bought 7.77 K USD
Penn Laurence
CEO and President
+ 455
 17.08 USD
12 years ago
Dec 05, 2011
Bought 15.3 K USD
Penn Laurence
CEO and President
+ 902
 16.96 USD
12 years ago
Dec 06, 2011
Bought 2.22 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 130
 17.08 USD
12 years ago
Dec 05, 2011
Bought 4.38 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 258
 16.96 USD
12 years ago
Dec 01, 2011
Bought 1.71 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 100
 17.14 USD
12 years ago
Nov 30, 2011
Bought 1.71 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 100
 17.14 USD
12 years ago
Dec 01, 2011
Bought 6 K USD
Penn Laurence
CEO and President
+ 350
 17.14 USD
12 years ago
Nov 30, 2011
Bought 6 K USD
Penn Laurence
CEO and President
+ 350
 17.14 USD
12 years ago
Dec 01, 2011
Bought 5.14 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 300
 17.14 USD
12 years ago
Nov 30, 2011
Bought 5.14 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 300
 17.14 USD
12 years ago
Nov 29, 2011
Bought 10.1 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 600
 16.84 USD
12 years ago
Nov 28, 2011
Bought 5.66 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 330
 17.15 USD
12 years ago
Nov 29, 2011
Bought 11.8 K USD
Penn Laurence
CEO and President
+ 700
 16.84 USD
12 years ago
Nov 28, 2011
Bought 6.6 K USD
Penn Laurence
CEO and President
+ 385
 17.15 USD
12 years ago
Nov 29, 2011
Bought 3.37 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 200
 16.84 USD
12 years ago
Nov 28, 2011
Bought 1.89 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 110
 17.15 USD
12 years ago
Nov 23, 2011
Bought 2.56 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 150
 17.07 USD
12 years ago
Nov 23, 2011
Bought 8.96 K USD
Penn Laurence
CEO and President
+ 525
 17.07 USD
12 years ago
Nov 23, 2011
Bought 7.68 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 450
 17.07 USD
13 years ago
Oct 25, 2011
Bought 2.13 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 120
 17.71 USD
13 years ago
Oct 25, 2011
Bought 6.38 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 360
 17.71 USD
13 years ago
Oct 25, 2011
Bought 7.44 K USD
Penn Laurence
CEO and President
+ 420
 17.71 USD
13 years ago
Oct 20, 2011
Bought 1.94 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 110
 17.68 USD
13 years ago
Oct 20, 2011
Bought 6.81 K USD
Penn Laurence
CEO and President
+ 385
 17.68 USD
13 years ago
Oct 20, 2011
Bought 5.83 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 330
 17.68 USD
13 years ago
Oct 18, 2011
Bought 4.45 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 250
 17.79 USD
13 years ago
Oct 18, 2011
Bought 15.6 K USD
Penn Laurence
CEO and President
+ 875
 17.79 USD
13 years ago
Oct 18, 2011
Bought 13.3 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 750
 17.79 USD
13 years ago
Oct 17, 2011
Bought 9.96 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 570
 17.47 USD
13 years ago
Oct 14, 2011
Bought 6.82 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 390
 17.5 USD
13 years ago
Oct 17, 2011
Bought 3.32 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 190
 17.47 USD
13 years ago
Oct 14, 2011
Bought 2.28 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 130
 17.5 USD
13 years ago
Oct 18, 2011
Bought 11.6 K USD
Penn Laurence
CEO and President
+ 665
 17.47 USD
13 years ago
Oct 14, 2011
Bought 7.96 K USD
Penn Laurence
CEO and President
+ 455
 17.5 USD
13 years ago
Oct 13, 2011
Bought 10.4 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 600
 17.38 USD
13 years ago
Oct 12, 2011
Bought 9.05 K USD
Vranos Michael W
Co-Chief Investment Officer
+ 510
 17.74 USD
13 years ago
Oct 13, 2011
Bought 3.48 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 200
 17.38 USD
13 years ago
Oct 12, 2011
Bought 3.02 K USD
Tecotzky Mark
Co-Chief Investment Officer
+ 170
 17.74 USD
13 years ago
Oct 13, 2011
Bought 12.2 K USD
Penn Laurence
CEO and President
+ 700
 17.38 USD
13 years ago
Oct 12, 2011
Bought 10.5 K USD
Penn Laurence
CEO and President
+ 594
 17.74 USD
14 years ago
Oct 08, 2010
Bought 10.1 K USD
Margolis Daniel R.
Secretary
+ 450
 22.5 USD
14 years ago
Oct 08, 2010
Sell 12.8 M USD
FBR Capital Markets PT Inc
10 percent owner
- 587025
 21.7911 USD
7. News
Ellington Financial Inc. Completes Non-QM Securitization OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that it has closed a $290 million securitization backed by a pool of non-qualified residential mortgage (“non-QM”) loans. Ellington Financial contributed approximately 65% of the loans included in the securitization, with the remainder contributed by funds managed by Ellington Management Group, L.L.C. The debt tranches issued in the securitization were rated by Fitch and KBRA, with the se. businesswire.com - 2 days ago
Ellington Financial, Inc. (EFC) Q3 2024 Earnings Call Transcript Ellington Financial, Inc. (NYSE:EFC ) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Alaael-Deen Shilleh - Associate General Counsel and Secretary Larry Penn - Chief Executive Officer Mark Tecotzky - Co-Chief Investment Officer JR Herlihy - Chief Financial Officer Conference Call Participants Trevor Cranston - Citizens JMP Francesco Labetti - KBW Matthew Erdner - Jones Trading Eric Hagen - BTIG Matthew Howlett - B. Riley Operator Good morning, ladies and gentlemen, and thank you for standing by. seekingalpha.com - 1 week ago
Ellington Financial Declares Monthly Common Dividend OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that its Board of Directors has declared a monthly dividend of $0.13 per share of common stock, payable on December 26, 2024 to stockholders of record as of November 29, 2024. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 19. businesswire.com - 1 week ago
Ellington Financial Inc. Reports Third Quarter 2024 Results OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we," "us," or "our") today reported financial results for the quarter ended September 30, 2024. Highlights Net income attributable to common stockholders of $16.2 million, or $0.19 per common share.1 $44.0 million, or $0.51 per common share, from the investment portfolio. $39.2 million, or $0.45 per common share, from the credit strategy. $4.8 million, or $0.06 per common share, from the Agency strategy. $(2.5) millio. businesswire.com - 1 week ago
Ellington Financial Announces Redemption of its Series E Preferred Stock OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that its Board of Directors has authorized the redemption of all 957,133 outstanding shares of its Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the "Series E Preferred Stock") (NYSE: EFC PRE). The anticipated redemption date is December 13, 2024 (the “Redemption Date”). The Series E Preferred Stock redemption price is estimated to be $25.540558 per share of Serie. businesswire.com - 1 week ago
10.09% Preferred Share From Ellington Financial EFC-A recently changed to a floating rate. Despite the 10% yield, investors should be aware of the risks. Since they haven't called EFC-E, there's a decent chance that they won't call them. seekingalpha.com - 2 weeks ago
These 15 Stocks Are Among the Top Dividend Payers in the Wilshire 5000 Created in 1974, the Wilshire 5000 Index was intended to be a market-weighted index of the combined NYSE, NASDAQ, and American Stock Exchange (since merged with NASDAQ in 1998). 247wallst.com - 2 weeks ago
Ellington Financial Announces Estimated Book Value Per Common Share as of September 30, 2024 OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $13.66 as of September 30, 2024. This estimate includes the effect of the previously announced monthly dividend of $0.13 per share of common stock, payable on October 25, 2024 to holders of record on September 30, 2024, with the same ex-dividend date. Cautionary Statement Regarding Forward-Looking Statements Estimated book value per co. businesswire.com - 2 weeks ago
You Could Retire Rich on These 6 High-Yield Dividends One of the best ways to retire rich is by investing in dividend stocks. To do so, you need to aggressively invest in high-yielding stocks and reinvest the dividends continuously until you consider retirement. 247wallst.com - 3 weeks ago
3 Shares Yielding Over 9% We've got three shares where big yields are offset by one flaw or another. I recently closed out my position in one of these shares for a gain of more than 40%. Great choice about 17 months ago. Not as great today. I'll include an alternative from my portfolio that still offers an attractive yield for investors. seekingalpha.com - 1 month ago
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8. Profile Summary

Ellington Financial Inc. EFC

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COUNTRY US
INDUSTRY REIT - Mortgage
MARKET CAP $ 1.11 B
Dividend Yield 0.00%
Description Ellington Financial Inc., through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. The company acquires and manages residential mortgage-backed securities (RMBS) backed by prime jumbo, Alt-A, manufactured housing, and subprime residential mortgage loans; RMBS for which the principal and interest payments are guaranteed by the U.S. government agency or the U.S. government-sponsored entity; residential mortgage loans; commercial mortgage-backed securities; and commercial mortgage loans and other commercial real estate debt. It also provides collateralized loan obligations; mortgage-related and non-mortgage-related derivatives; corporate debt and equity securities; corporate loans; and other strategic investments. In addition, the company offers consumer loans and asset-backed securities backed by consumer and commercial assets. Ellington Financial LLC was incorporated in 2007 and is based in Old Greenwich, Connecticut.
Contact 53 Forest Avenue, Old Greenwich, CT, 06870 https://www.ellingtonfinancial.com
IPO Date Oct. 8, 2010
Employees 400
Officers Mr. Laurence Eric Penn Chief Executive Officer, President & Director Mr. J. R. Herlihy Chief Financial Officer & Treasurer Mr. Vincent Ambrico Controller Mr. Michael William Vranos Co-Chief Investment Officer Mr. Alaael-Deen Shilleh Associate General Counsel & Secretary Mr. Mark Ira Tecotzky Co-Chief Investment Officer