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 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
Ellington Financial Inc. (NYSE: EFC) has declared a monthly dividend of $0.15 per common share. The dividend, payable on August 25, 2022, is intended for stockholders of record as of July 29, 2022. This announcement indicates the company's ongoing commitment to providing returns to its investors amidst fluctuating market conditions.
Investors should note the potential impacts of economic factors and market conditions on the company's operations and future performance.
Ellington Financial (NYSE: EFC) reported an estimated book value per share of
Ellington Financial Inc. (NYSE: EFC) has declared a $0.15 monthly dividend for common shares, payable on July 25, 2022, for stockholders on record by June 30, 2022. Additionally, the company will pay a quarterly dividend of $0.421875 for Series A Preferred Stock and $0.390625 for Series B Preferred Stock, both payable on August 1, 2022, also to shareholders on record as of June 30, 2022. These actions reflect the company’s ongoing commitment to providing returns to its investors.
Ellington Financial Inc. (NYSE: EFC) reported an estimated book value per share of
Ellington Financial reported a net loss of $(9.9) million, or $(0.17) per share, for Q1 2022. Core Earnings were positive at $23.2 million, translating to $0.40 per share. The company's book value per share was $17.74, with a 10.7% dividend yield based on a closing stock price of $16.86. The credit strategy generated $16.5 million in gross income, but the agency strategy incurred a gross loss of $(20.1) million. Total long credit portfolio grew by 11% to $2.301 billion, while debt-to-equity ratio stands at 3.2:1 as of March 31, 2022. Significant strategic financings were completed, providing ample liquidity for future investments.
Ellington Financial has declared a monthly dividend of $0.15 per common share, payable on June 27, 2022, to shareholders on record as of May 31, 2022. This announcement reflects the company’s ongoing commitment to returning value to its shareholders through regular dividend payments, despite market uncertainties.
Ellington Financial Inc. (NYSE: EFC) has successfully completed a $426 million securitization backed by non-qualified residential mortgage loans. The majority of these loans were acquired from LendSure Mortgage Corp. and American Heritage Lending, LLC, in which Ellington holds equity stakes. The securitization received AAA ratings from Fitch and KBRA. Ellington retained certain tranches for regulatory compliance and maintains the right to call the securitization after the optional redemption date.