Ellington Financial Inc Stock Price, News & Analysis

Ellington Financial (NYSE: EFC) has scheduled its first quarter 2025 earnings release and conference call. The company will release Q1 2025 financial results after market close on Wednesday, May 7, 2025, followed by a conference call on Thursday, May 8, 2025 at 11:00 a.m. Eastern Time.

Investors can participate via phone by dialing (800) 245-3047 (US) or (203) 518-9765 (International) with conference code EFCQ125. The event will also be webcast live through the company's website. A dial-in replay will be available from May 8, 2:00 p.m. ET through May 15, 11:59 p.m. ET. An investor presentation will be posted on the company's website after market close on May 7.

Ellington Financial (NYSE: EFC) has announced its Board of Directors' declaration of a monthly dividend of $0.13 per common stock share. The dividend will be payable on May 27, 2025, to stockholders of record as of April 30, 2025.

Ellington Financial (NYSE: EFC) has reported its estimated book value per common share at $13.39 as of February 28, 2025. This estimate accounts for the previously announced monthly dividend of $0.13 per share of common stock, which was paid on March 25, 2025 to shareholders of record on February 28, 2025.

Ellington Financial (NYSE: EFC) has announced multiple dividend declarations approved by its Board of Directors. The company will distribute a monthly common stock dividend of $0.13 per share, payable on April 25, 2025, to stockholders of record as of March 31, 2025.

Additionally, EFC declared quarterly dividends for its preferred stock series:

• Series A Floating Rate: $0.609031 per share
• Series B Fixed-Rate Reset: $0.390625 per share
• Series C Fixed-Rate Reset: $0.5390625 per share
• Series D Cumulative Perpetual: $0.4375 per share

All preferred stock dividends will be paid in late March/April 2025 to stockholders of record on their respective dates.

Ellington Financial (NYSE: EFC) has reported its estimated book value per share of common stock at $13.41 as of January 31, 2025. This estimate incorporates the previously announced monthly dividend of $0.13 per share, which was paid on February 25, 2025 to shareholders of record as of January 31, 2025.

The company notes that this estimated book value is subject to change upon completion of month-end and quarter-end valuation procedures for investment positions, and any such changes could be material. The company explicitly states that these estimates may not be indicative of results for the quarter ending March 31, 2025 or future periods.

Ellington Financial (NYSE: EFC) reported strong Q4 2024 financial results with net income of $22.4 million ($0.25 per share). The company achieved Adjusted Distributable Earnings of $40.6 million ($0.45 per share), exceeding the quarterly dividend of $0.39 per share.

Key performance metrics include:

• Book value per share: $13.52
• Dividend yield: 11.7%
• Recourse debt-to-equity ratio: 1.8:1
• Cash and unencumbered assets: $812.2 million

The investment portfolio grew significantly, with closed-end second/HELOC mortgage, proprietary reverse mortgage, and commercial mortgage loan portfolios increasing by 39%. The company completed four securitization transactions and improved loan financing terms. Longbridge segment contributed $26.8 million to net income, while the credit strategy generated $29.3 million, offset by a $4.0 million loss in the Agency strategy.

Ellington Financial (NYSE: EFC) has scheduled its Q4 2024 earnings release for February 27, 2025, after market close. The company will host a conference call to discuss the results on February 28, 2025, at 11:00 a.m. Eastern Time.

Investors can participate via phone by dialing (800) 445-7795 (US) or (785) 424-1699 (International) with conference code EFCQ424. A live webcast will be available through the company's website at www.ellingtonfinancial.com.

An investor presentation will be posted on the company's website under the 'For Investors—Presentations' section after market close on February 27. A replay of the conference call will be available from February 28 at 2:00 p.m. until March 7 at 11:59 p.m. Eastern Time.

Ellington Financial (NYSE: EFC) has announced its Board of Directors' declaration of a monthly dividend of $0.13 per common stock share. The dividend will be payable on March 25, 2025, to stockholders of record as of February 28, 2025.

The announcement includes standard forward-looking statements and risk factors, highlighting potential uncertainties that could affect future performance, including changes in interest rates, market volatility, mortgage default rates, regulatory environment, and economic conditions. The company notes its status as a REIT and emphasizes that actual results may differ from projected outcomes.

Ellington Financial (NYSE: EFC) has announced the availability of federal income tax treatment information for distributions deemed paid in 2024 on its common and preferred stock. The information has been posted on the company's website and can be accessed through specific links for each stock class, including Common Stock and Series A through E Preferred Stock.