Ellington Financial

Ellington Financial, Inc. operates as an investment trust. The firm engages in the provision of investment services. It manages mortgage-backed assets, securities, loans and real estate debts. The company was founded on July 9, 2007 and is headquartered in Old Greenwich, CT.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Ellington Financial reports solid Q4 performance amidst market challenges

Ellington Financial (EFC) delivered a solid Q4 performance, driven by strong contributions from Longbridge Financial and the Agency strategy. Despite challenges from spiked short-term interest rates impacting borrowing costs, EFC remains well-positioned with a strong liquidity position and a growing credit portfolio. The company is strategically focusing on market opportunities and acquisitions to drive future growth and profitability.

Ellington Financial (EFC) reports solid Q1 performance amidst strategic portfolio adjustments

Ellington Financial (EFC) delivered a strong performance in Q1 2023, showcasing effective capital management and strategic portfolio adjustments. While facing challenges such as regional banking distress and liquidity risks, the company remains optimistic about future opportunities and potential dividend increases.

Ellington Financial (EFC) reports strong Q2 earnings and strategic acquisitions

Ellington Financial (EFC) delivered solid performance in Q2 2023, driven by its credit strategy segment and pending strategic acquisitions.
The company's focus on diversification, capital allocation flexibility, and entering new sectors like mortgage servicing rights bode well for future growth.
While facing challenges such as delinquencies and portfolio shifts, EFC is actively exploring opportunities in M&A, distressed assets, and longer-duration assets.
Overall, EFC's strategic moves and financial strength position it favorably to navigate challenges and capitalize on emerging opportunities in the market.

Ellington Financial reports solid Q3 earnings amidst market challenges

Ellington Financial's Q3 2023 showcased strong performance in credit portfolios, offsetting challenges in agency strategies. The company's interest rate hedging strength and ample dry powder position it well for future investments. Opportunities in distressed commercial mortgage loans and CMBS are being actively pursued. The merger with Arlington and potential FDIC portfolio bid signal strategic growth moves.

Ellington Financial reports Q4 resilience post-merger, eyes growth opportunities

Ellington Financial's Q4 performance showed resilience with a focus on recovery and growth post-merger, supported by a strong balance sheet and asset sales.
The company's strengths lie in its scale, balance sheet strength, and commitment to long-term value creation through strategic investments and dividend coverage.
Challenges include rebuilding earnings, managing leverage effectively, and navigating market uncertainties, while opportunities exist in growth, regulatory changes, and strategic investments.
Overall, Ellington Financial's strategic focus on growth, value creation, and financial stability positions it well for long-term success and shareholder value enhancement.

Ellington Financial (EFC) reports robust Q2 earnings and strategic growth outlook

Ellington Financial (EFC) demonstrated strong financial performance in Q2 2024, driven by diversified credit portfolios and strategic investments.
The company showcased resilience and adaptability in navigating market challenges while capitalizing on growth opportunities.
Maintaining a balanced approach to portfolio management and leveraging strengths in key areas position Ellington Financial for continued success.
Strategic focus on optimizing earnings, managing debt ratios, and exploring new avenues for growth will be key to sustained performance.

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Ellington Financial, Inc. engages in the provision of investment services. It operates through the Investment Portfolio and Longbridge segments. The Investment Portfolio segment is focused on investing in a diverse array of financial assets, which includes residential and commercial mortgage loans, reverse mortgage loans, residential mortgage-backed securities, commercial mortgage-backed securities, consumer loans & asset-backed securities backed, collateralized loan obligations, non-mortgage and mortgage-related derivatives, debt and equity investments in loan origination companies. The Longbridge segment consists of the origination and servicing of reverse mortgage loans. The company was founded on July 9, 2007 and is headquartered in Old Greenwich, CT.

Arlington Asset Investment

ACRES Commercial Realty Corp.

AGNC Investment

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AGNC Investment Corp. Deposit Shs Repr 1/1000th Cum Conv Red Pfd Registered Shs Series C

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Invesco KBW Premium Yield Equity REIT ETF

Main Street Capital

Big unsustainable yield at a premium valuation. This share isn't for investors, it's for suckers. The valuation is at historically high levels. People who keep holding onto shares are not investing.

Dump This Fat 16% Yield Before The Cut

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that it will release financial results for the quarter ended December 31, 2022 after market close on Thursday, February 23, 2023. The Company will host a conference call to discuss its financial results at 11:00 a.m. Eastern Time on Friday, February 24, 2023. To participate in the event by telephone, please dial (800) 343-4849 at least 10 minutes prior to the start time and reference the conference code EFCQ422. International callers should dial (203) 518-9708 and reference the same code. The conference call also will be webcast live and can be accessed via the "For Our Shareholders" section of the Company's website at www.ellingtonfinancial.com. To listen to the live webcast, please visit www.ellingtonfinancial.com at least 15 minutes prior to the start of the call to register, download, and install necessary audio software.

Ellington Financial Announces Release Date of Fourth Quarter 2022 Earnings, Conference Call, and Investor Presentation

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc.

Ellington Financial Inc. Completes Non-QM Loan Securitization

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U.S. equity markets extended their rebound this week after the Federal Reserve slowed its pace of interest rate hikes while strong employment data alongside cooling wage pressures supported "soft landing" prospects. Gaining for the fourth week in the past five, the S&P 500 advanced 1.6% while the tech-heavy Nasdaq 100 rallied 3.3% - its fourth-straight week of gains. Small caps soared 5%.

Fed Blinks, Finally

OLD GREENWICH, Conn.--( BUSINESS WIRE )--Ellington Financial Inc. (NYSE: EFC) (the "Company") announced today that it has priced an underwritten public offering of 4,000,000 shares of 8.625% Series C Fixed-Rate Reset Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”), with a liquidation preference of $25.00 per share, for gross proceeds of $100 million before deducting underwriting discounts and estimated offering expenses. The Company has granted the underwriters an option for 30 days to purchase up to an additional 600,000 shares of the Series C Preferred Stock solely to cover over-allotments. The Company intends to apply to list the Series C Preferred Stock on the New York Stock Exchange under the symbol “EFC PR C”. The offering is expected to close on or about February 6, 2022, subject to customary closing conditions. Piper Sandler & Co. is acting as the sole book-running manager for the offering.

Ellington Financial Inc. Announces Pricing of Public Offering of 8.625% Series C Fixed-Rate Reset Cumulative Redeemable Preferred Stock

OLD GREENWICH, Conn.--( BUSINESS WIRE )--Ellington Financial Inc. (NYSE: EFC) (the "Company") announced today that it has commenced an underwritten public offering of Series C Fixed-Rate Reset Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”). The Company intends to apply to list the Series C Preferred Stock on the New York Stock Exchange under the symbol “EFC PR C.”

Ellington Financial Inc. Announces Public Offering of Series C Preferred Stock

OLD GREENWICH, Conn.--( BUSINESS WIRE )--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that information regarding the federal income tax treatment of the distributions deemed paid in 2022 on the Company's common and preferred stock has been posted to the Company's website, at the following links.

Ellington Financial Inc. Announces the Income Tax Treatment of its 2022 Distributions

Ellington Financial Series A preferred is trading at 15% yield to call for October 2024. Should the securities not be called, a floating rate equivalent to over 11% yield in today's interest rate environment would be established.

Ellington Financial Preferred: 15% Yield To Call, Future 11%+ Dividend Yield Opportunity

Similar shares at different valuations are the basis for alpha. The research is so hard, it requires adding dividends or looking at a chart.

A Painfully Obvious Dividend Choice

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U.S. equity markets resumed their rebound this past week as investors parsed a busy slate of corporate earnings results and economic data ahead of the Federal Reserve's rate hike decision. Gaining for the third week in the past four, the S&P 500 advanced 2.5% on the week while the tech-heavy Nasdaq rallied nearly 5% - its fourth-straight week of gains.

A Softish Landing

OLD GREENWICH, Conn.--( BUSINESS WIRE )--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $15.05 as of December 31, 2022. This estimate includes the effect of the previously announced monthly dividend of $0.15 per share of common stock, payable on January 25, 2023 to holders of record on December 30, 2022, with an ex-dividend date of December 29, 2022.

Ellington Financial Announces Estimated Book Value Per Common Share as of December 31, 2022

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101 Monthly Paying Dividend Stocks And 80 Funds For January

The Financials sector appears cheap to the broad market while REITs have caught some investor bullishness lately. Ellington Financial features a very high yield, and the stock has some potentially bullish chart aspects brewing.

Ellington Financial: Fairly Valued, Shares Nearing A Breakout, Patience Required

We're contrasting two sets of investments where one is demonstrably better than the other. Market prices are not efficient. Sometimes investors leave a nice chunk of change on the table.

Dueling Dividends

Dividend yields: 7.8% to 15%. Dramatic discounts to net asset value. Price to NAV range: .36 to .86.

High-Yield Shares On Sale Today

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Imagine stocks or funds that pay out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These December U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (100); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >9.12% (80).

100 Monthly Paying Dividend Stocks And 80 Funds For December

OLD GREENWICH, Conn.--( BUSINESS WIRE )--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $14.89 as of November 30, 2022. This estimate includes the effect of the previously announced monthly dividend of $0.15 per share of common stock, payable on December 27, 2022 to holders of record on November 30, 2022, with an ex-dividend date of November 29, 2022.

Ellington Financial Announces Estimated Book Value Per Common Share as of November 30, 2022

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Imagine stocks or funds that pay out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These November U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net gains include: 1. Stocks by yield (99); 2. Stocks by price upside (30); 3. Closed-End Investments, Exchange-Traded Funds & Notes (CEICs/ETFs/ETNs) by yield >9.39% (80).

99 Monthly Paying Dividend Stocks And 80 Funds For November

OLD GREENWICH, Conn.--( BUSINESS WIRE )--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $14.86 as of October 31, 2022. This estimate includes the effect of the previously announced monthly dividend of $0.15 per share of common stock, payable on November 25, 2022 to holders of record on October 31, 2022, with an ex-dividend date of October 28, 2022.

Ellington Financial Announces Estimated Book Value Per Common Share as of October 31, 2022

Ellington Financial Inc. (NYSE:EFC ) Q3 2022 Earnings Conference Call November 8, 2022 11:00 AM ET Company Participants Jason Frank - Deputy General Counsel and Secretary Larry Penn - Chief Executive Officer Mark Tecotzky - Co-Chief Investment Officer J.R. Herlihy - Chief Financial Officer Conference Call Participants Bose George - KBW Doug Harter - Credit Suisse Trevor Cranston - JMP Securities Eric Hagen - BTIG Crispin Love - Piper Sandler Operator Please standby.

Ellington Financial Inc. (EFC) Q3 2022 Earnings Call Transcript

The challenging market conditions of the first half of 2022 intensified in August and September. The portfolio has income from several sources, including CLOs, CMBS, and non-Agency RMBS strategies.

Ellington Financial: On The Mend

Ellington Financial Inc. Reports Third Quarter 2022 Results

Ellington Financial's diversified portfolio consists of Agency RMBS, CMBS, CLO, and MSRs. It has enough liquidity in order to grow and protect itself against a liquidity crisis. For the past 10 years, EFC generated an average annual yield of mostly between 10 and 15 percent. This yield is most likely to be sustained.

Ellington Financial: High Yielding Diversified mREIT Trading At A Deep Discount To Its BV

Ellington Financial Announces Release Date of Third Quarter 2022 Earnings, Conference Call, and Investor Presentation

Ellington Financial Announces Estimated Book Value Per Common Share as of September 30, 2022

News for Ellington Financial Stock (EFC)