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. (NYSE: EFC) is a specialty finance company that regularly releases news on its investment activities, portfolio performance, capital markets transactions, and shareholder distributions. Company press releases and related Form 8-K filings provide updates on its diverse investments in residential and commercial mortgage loans and mortgage-backed securities, reverse mortgage loans, mortgage servicing rights and related investments, consumer loans, asset-backed securities, collateralized loan obligations, and other mortgage-related and non-mortgage-related derivatives and strategic investments.
News for Ellington Financial often highlights dividend declarations on its common and preferred stock, including monthly common dividends and quarterly preferred dividends approved by its Board of Directors. The company also publishes estimated book value per common share as of specific month-ends, and reports quarterly financial results for its Investment Portfolio and Longbridge segments, detailing contributions from credit and Agency strategies and from the Longbridge reverse mortgage business.
Investors following EFC news can also see announcements about senior unsecured notes offerings, including the issuance and closing of notes due 2030, as well as updates on equity distribution agreements that support an at-the-market common stock offering program. Additional releases cover the timing of quarterly earnings releases, conference calls, and investor presentations, with details on how to access those events.
This news page aggregates Ellington Financial’s publicly released information so readers can review company communications on dividends, estimated book value, earnings, financing transactions, and other material events as disclosed in press releases and SEC filings.
Ellington Financial Inc. (NYSE: EFC) has announced an estimated book value per share of $15.22 as of September 30, 2022. This includes a monthly dividend of $0.15 per share, payable on October 25, 2022, to holders of record as of September 30, 2022. The company cautions that this estimated book value may change due to month-end and quarter-end valuation processes and does not guarantee future results. Forward-looking statements are made, indicating potential risks, such as changes in interest rates, mortgage default rates, and economic conditions.
Ellington Financial Inc. (NYSE: EFC) has announced a monthly dividend of $0.15 per common share, set to be paid on November 25, 2022. Shareholders of record as of October 31, 2022 are eligible for this dividend. The company invests in various financial assets, including mortgage loans and securities, with management provided by Ellington Financial Management LLC. This announcement reflects the company's ongoing commitment to returning value to its shareholders.
Ellington Financial Inc. (NYSE: EFC) reported an estimated book value per share of $15.99 as of August 31, 2022. This value includes the upcoming monthly dividend of $0.15 per share, which will be distributed on September 26, 2022. The ex-dividend date is August 30, 2022. It is important to note that the estimated book value may change due to valuation procedures and does not predict future results. The company warns that actual results could vary significantly due to various risks, including market conditions and interest rate changes.
Ellington Financial Inc. (NYSE: EFC) has declared a monthly dividend of $0.15 per common share, payable on October 25, 2022, to stockholders of record as of September 30, 2022. Additionally, a quarterly dividend of $0.421875 per share on the Company’s 6.750% Series A Preferred Stock and $0.390625 for the 6.250% Series B Preferred Stock will be paid on October 31, 2022. Both are also to record holders from September 30, 2022.
Ellington Financial Inc. (NYSE: EFC) reported an estimated book value per share of $16.32 as of July 31, 2022. This figure factors in a monthly dividend of $0.15, payable on August 25, 2022, to stockholders on record as of July 29, 2022. The company cautions that the estimated book value is subject to significant changes and may not reflect future results, influenced by various unpredictable factors including market conditions and interest rates.
Ellington Financial reported a net loss of $(64.9) million, or $(1.08) per share, for Q2 2022. Adjusted Distributable Earnings were $24.9 million ($0.41 per share). The company faced significant challenges, including a gross loss of $(48.9) million from credit strategies and $(12.3) million from agency strategies. Book value per share was $16.22, with a dividend yield of 11.3%. Despite these losses, the credit portfolio grew by 29% since year-end 2021, and strategic investments in loan originators represented 9% of total equity. The debt-to-equity ratio stood at 3.8:1.
Ellington Financial Inc. (NYSE: EFC) has announced a monthly dividend of $0.15 per common share, to be paid on September 26, 2022. Stockholders recorded by August 31, 2022 will receive this payment. The company invests in various financial assets, including mortgage-backed securities and consumer loans. However, shareholders should be aware of the inherent risks in forward-looking statements regarding future performance, which are subject to uncertainties in market conditions.
Ellington Financial Inc. (NYSE: EFC) has successfully closed a $346 million securitization backed by non-qualified residential mortgage loans. The Company acquired these loans from LendSure Mortgage Corp. and American Heritage Lending, LLC, in which it holds strategic equity investments. The securitization received AAA ratings for the senior tranche from Fitch and KBRA. Ellington retained certain tranches to comply with credit risk retention rules and has the option to call the securitization post-optional redemption date.
Ellington Financial Inc. (NYSE: EFC) will release its financial results for Q2 2022 on August 4, 2022, post-market. A conference call is scheduled for August 5, 2022, at 11:00 a.m. ET to discuss the results. Callers can dial (800) 225-9448 or (203) 518-9708 for international participants to join. A replay will be available starting August 5 at 2:00 p.m. ET through August 12. Financial presentations will also be posted on their website.
Ellington Financial Inc. (NYSE: EFC) announced an estimated book value per share of $16.22 as of June 30, 2022. This figure includes the impact of a monthly dividend of $0.15 per share, scheduled for payment on July 25, 2022, to stockholders on record as of June 30, 2022. The company cautions that this estimated book value is subject to significant changes following month-end and quarter-end valuations, and actual results may vary due to various factors, including market conditions and regulatory changes.