Welcome to our dedicated page for Ellington Financial news (Ticker: EFC), a resource for investors and traders seeking the latest updates and insights on Ellington Financial stock.
Ellington Financial Inc (EFC) provides investors and financial professionals with comprehensive updates on its specialty finance operations. This page aggregates official announcements, strategic developments, and market analyses related to the company’s dual focus: managing a diversified portfolio of mortgage-related assets and leading in reverse mortgage origination through its Longbridge segment.
Access real-time updates on earnings reports, asset acquisitions, risk management strategies, and regulatory developments. Key content includes analysis of residential/commercial mortgage-backed securities activity, reverse mortgage market trends, and strategic investments in financial derivatives. All materials are curated to support informed decision-making without promotional bias.
Bookmark this page for streamlined access to EFC’s latest financial positioning and operational milestones. Regular updates ensure stakeholders maintain current insights into the company’s approach to generating risk-adjusted returns across market cycles.
Ellington Financial has announced the commencement of an underwritten public offering of its Series C Fixed-Rate Reset Cumulative Redeemable Preferred Stock, aimed at acquiring targeted assets. The Company will apply to list the Series C Preferred Stock on the NYSE under the ticker 'EFC PR C.' Proceeds will also support working capital and general corporate purposes. The offering will be made under an existing shelf registration statement effective since January 24, 2023. Piper Sandler & Co. is the sole bookrunning manager for this offering.
Ellington Financial Inc. (NYSE: EFC) announced the posting of federal income tax treatment information for distributions paid in 2022 on its common and preferred stock. Investors can access details via specific links provided for common, Series A, and Series B preferred stock distributions. This communication aims to inform shareholders about their tax obligations related to earnings distributions.
Ellington Financial Inc. (NYSE: EFC) reported an estimated book value per share of
Ellington Financial Inc. (NYSE: EFC) has declared a monthly dividend of $0.15 per common share, payable on February 27, 2023 to stockholders of record as of January 31, 2023. The payment reflects the company's commitment to returning value to shareholders. Investors should note the cautionary statements regarding forward-looking projections and the associated risks. For further details, please refer to the company's filings with the SEC.
Ellington Financial Inc. (NYSE: EFC) has successfully closed a $365 million securitization backed by non-qualified residential mortgage loans. Ellington Financial contributed approximately 85% of the loans in the securitization, with the remainder provided by a managed fund. The securitization received AAA ratings for its senior tranche from Fitch and KBRA, highlighting its strong credit quality. This move enhances Ellington's financial stability by diversifying its asset base and demonstrates confidence in the non-QM loan market.
Ellington Financial Inc. (NYSE: EFC) announced an estimated book value per share of $14.89 as of November 30, 2022. This figure includes the monthly dividend of $0.15 per share, scheduled for payment on December 27, 2022. The estimated book value is subject to change based on the Company’s month-end and quarter-end valuation procedures, and may not accurately predict future financial results. Investors are warned of potential fluctuations due to various risks, including interest rate changes and market conditions.
Ellington Financial (NYSE: EFC) has declared a $0.15 monthly dividend on common shares, payable on January 25, 2023, to stockholders of record as of December 30, 2022. Additionally, a quarterly dividend of $0.421875 per share will be paid on its 6.750% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, and $0.390625 per share on its 6.250% Series B Fixed-Rate Reset Cumulative Redeemable Preferred Stock, both payable on January 30, 2023.
Ellington Financial Inc. (NYSE: EFC) announced an estimated book value per share of
Ellington Financial reported a net loss of $(33.3) million or $(0.55) per share for Q3 2022, with Adjusted Distributable Earnings of $26.5 million, $0.44 per share. The company faced gross losses of $(11.3) million in its credit strategy and $(10.7) million in its agency strategy. Despite market challenges, total long credit portfolio increased by 3% to $2.742 billion. The acquisition of Longbridge Financial for $38.9 million was completed, reflecting a discount to its book value. The dividend yield stands at 13.6%, with cash and cash equivalents at $175.2 million.
Ellington Financial Inc. (NYSE: EFC) has announced a monthly dividend of $0.15 per common share, set for payment on December 27, 2022. Shareholders of record as of November 30, 2022 will qualify for this dividend. The company invests in a variety of financial assets, including mortgage loans and securities, consumer loans, and collateralized loan obligations. This dividend distribution reflects the company's ongoing commitment to return value to its shareholders.
FAQ
What is the current stock price of Ellington Financial (EFC)?
What is the market cap of Ellington Financial (EFC)?
