STOCK TITAN

Ellington Financial Inc - EFC STOCK NEWS

Welcome to our dedicated news page for Ellington Financial (Ticker: EFC), a resource for investors and traders seeking the latest updates and insights on Ellington Financial.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ellington Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ellington Financial's position in the market.

Rhea-AI Summary
Ellington Financial Inc. (EFC) reported an estimated book value per share of common stock of $13.83 as of December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.44%
Tags
none
-
Rhea-AI Summary
Ellington Financial Inc. (EFC) has announced the posting of information on the federal income tax treatment of distributions paid in 2023 on the Company's common and preferred stock. The details can be found on the Company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.13%
Tags
none
-
Rhea-AI Summary
Ellington Financial Inc. (EFC) announced the federal income tax treatment of distributions paid in 2023 on Arlington Asset Investment Corp.'s preferred stock and the Form 8937 related to the merger of AAIC into a subsidiary of the Company. AAIC did not make any distributions to its common stock during the 2023 tax year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.13%
Tags
none
Rhea-AI Summary
Ellington Financial Inc. (NYSE: EFC) declares a monthly dividend of $0.15 per share of common stock, payable on February 26, 2024, to stockholders of record as of January 31, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.64%
Tags
dividends
-
Rhea-AI Summary
Ellington Financial Inc. (NYSE: EFC) announced an estimated book value per share of common stock of $14.06 as of November 30, 2023, including the effects of monthly dividends of $0.15 and $0.06 per share, payable on December 26, 2023, and December 13, 2023, respectively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.08%
Tags
none
-
Rhea-AI Summary
Ellington Financial Inc. (NYSE: EFC) announces monthly and quarterly dividends for common and preferred stockholders, including $0.09 per share of common stock payable on January 25, 2024, and various quarterly dividends for preferred stockholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
Tags
dividends
Rhea-AI Summary
Ellington Financial Inc. (NYSE: EFC) has completed a merger with Arlington Asset Investment Corp., increasing scale and strengthening access to capital markets. The combined company will continue to trade on the NYSE under the ticker symbol 'EFC'. Laurence Penn, CEO of Ellington Financial, expects the merger to drive earnings accretion in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.15%
Tags
-
Rhea-AI Summary
Arlington Asset Investment Corp. (NYSE: AAIC) has announced its intention to voluntarily delist and deregister its 6.75% Senior Notes due 2025 and 6.000% Senior Notes due 2026 from the New York Stock Exchange (NYSE) in connection with the anticipated merger transaction with Ellington Financial Inc. (NYSE: EFC). The merger is expected to close on December 14, 2023, subject to the satisfaction of closing conditions. Following the merger, Arlington believes that the costs of compliance and resources required to maintain the listing of the Senior Notes on the NYSE will exceed the benefits, leading to the decision to delist and deregister the Senior Notes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.47%
Tags
none
-
Rhea-AI Summary
Arlington Asset Investment Corp. (NYSE: AAIC) shareholders have approved the merger with Ellington Financial Inc. (NYSE: EFC) with an overwhelming 98.2% of votes cast in favor. The merger is expected to result in the conversion of Arlington Common Stock into Ellington Financial common stock and cash consideration. The deal also involves the conversion of Arlington's preferred stock into newly-designated Ellington Financial preferred stock. The merger is anticipated to close on December 14, 2023, pending the satisfaction of closing conditions outlined in the Merger Agreement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.47%
Tags
Rhea-AI Summary
Ellington Financial Inc. (NYSE: EFC) declared an interim monthly dividend of $0.06 per share of common stock, payable on December 13, 2023, to stockholders of record as of December 8, 2023. The dividend is in connection with the pending merger with Arlington Asset Investment Corp. and is calculated pursuant to the terms of the Merger Agreement. The Merger is expected to close on December 14, 2023, as stated in the proxy statement/prospectus filed with the SEC on November 3, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.15%
Tags
dividends
Ellington Financial Inc

NYSE:EFC

EFC Rankings

EFC Stock Data

951.78M
82.74M
3.83%
54.14%
5.42%
Securities and Commodity Exchanges
Finance and Insurance
Link
United States
Old Greenwich

About EFC

ellington corp is an entertainment company located in p.o. box 218153, columbus, ohio, united states.