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 a strategic partnership with Sheridan Capital, LLC, involving an equity investment in the commercial real estate bridge loan originator. Sheridan Capital's Principal, Aaron Kurlansky, emphasized the partnership’s potential to enhance their unique loan offerings. CEO Laurence Penn highlighted over a decade of successful collaboration with Sheridan, which is known for its efficient financing solutions. In 2021, Sheridan originated over $575 million in senior commercial mortgage loans, showcasing its industry standing.
Ellington Financial Inc. (NYSE: EFC) has declared a monthly dividend of $0.15 per common share. This dividend is payable on February 25, 2022 to stockholders of record as of January 31, 2022. This reflects the company's ongoing commitment to returning value to its shareholders.
Ellington Financial Inc. (NYSE: EFC) announced its estimated book value per share of $18.18 as of November 30, 2021. This estimate factors in a monthly dividend of $0.15, payable on December 27, 2021, to shareholders recorded as of November 30, 2021. The company cautioned that this estimated book value is subject to change and does not guarantee future results. Various risks, including interest rate fluctuations and economic conditions, may affect actual performance.
Ellington Financial Inc. (NYSE: EFC) announced the pricing of an underwritten public offering of 4,400,000 shares of 6.250% Series B Preferred Stock, amounting to gross proceeds of $110 million. An additional 660,000 shares may be available to underwriters for over-allotments. The offering intends to close on December 13, 2021, pending customary conditions, and the proceeds will primarily be used for acquiring targeted assets and general corporate purposes. The Series B Preferred Stock will be listed under the symbol 'EFC PR B' on the New York Stock Exchange.
Ellington Financial Inc. (NYSE: EFC) has initiated an underwritten public offering of Series B Fixed-Rate Reset Cumulative Redeemable Preferred Stock, which it plans to list on the New York Stock Exchange under the symbol 'EFC PR B.' The proceeds will be utilized to acquire targeted assets and for general corporate purposes. Piper Sandler & Co. is the sole bookrunning manager for the offering. This action follows the company's existing shelf registration statement effective since April 9, 2021. The offering will be conducted through a prospectus filed with the SEC.
Ellington Financial Inc. (NYSE: EFC) has declared a monthly dividend of $0.15 per common share, scheduled for payment on January 25, 2022. This dividend will be issued to stockholders of record as of December 30, 2021. Additionally, a quarterly dividend of $0.421875 will be paid on the 6.750% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, also to record holders as of December 30, 2021, with a payment date of January 31, 2022.
Ellington Financial Inc. (NYSE: EFC) reported an estimated book value per share of $18.35 as of October 31, 2021. This includes the impact of a monthly dividend of $0.15 per share, payable on November 26, 2021, to shareholders of record as of October 29, 2021. The company cautioned that this estimated book value may change based on upcoming valuation procedures and market conditions. Forward-looking statements in the release highlight various risks and uncertainties that could affect future results.
Ellington Financial Inc. (EFC) reported a net income of $20.6 million ($0.41 per share) for Q3 2021, with core earnings of $23.0 million ($0.46 per share). The company's book value per share stood at $18.35, and it declared a monthly dividend of $0.15. The total long credit portfolio grew by 24% to $1.688 billion. Significant unrealized losses were observed in its investment in Longbridge Financial, attributed to market conditions. The company successfully raised $100 million in October to support future growth.
Ellington Financial Inc. (NYSE: EFC) has declared a monthly dividend of $0.15 per common share, scheduled for payment on December 27, 2021. This dividend is payable to stockholders of record as of November 30, 2021. The announcement reflects the company's ongoing commitment to providing returns to its shareholders.
Ellington Financial (NYSE: EFC) will announce its financial results for the quarter ending September 30, 2021, on November 8, 2021, before market open. A conference call is scheduled for 11:00 a.m. ET the same day. Participation can be via telephone or through a live webcast on the company's website. A replay will be available shortly after the call, lasting until November 15, 2021. An investor presentation will also be posted online prior to the call, providing further insights into the company’s performance.