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Ellington Financial Inc. - $EFC STOCK NEWS

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.

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
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
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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
Rhea-AI Summary
Ellington Financial Inc. (EFC) reports an estimated book value per share of common stock at $14.10 as of October 31, 2023. The company also announces a monthly dividend of $0.15 per share, payable on November 27, 2023, to holders of record on October 31, 2023, with an ex-dividend date of October 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.23%
Tags
none
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Rhea-AI Summary
Ellington Financial Inc. (NYSE: EFC) Declares $0.15 Monthly Dividend, Payment on December 26, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.65%
Tags
dividends
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Rhea-AI Summary
Ellington Financial Inc. (NYSE: EFC) reported Q3 2023 financial results with net income of $6.6 million, or $0.10 per common share, and Adjusted Distributable Earnings of $22.5 million, or $0.33 per common share. The company's book value per common share as of September 30, 2023, was $14.33.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.65%
Tags
Rhea-AI Summary
Ellington Financial Inc. will release financial results for Q3 2023 on November 7 and host a conference call on November 8 to discuss the results. The conference call will be webcast live on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.87%
Tags
-
Rhea-AI Summary
Ellington Financial Inc. announces estimated book value per share of common stock of $14.33 as of September 30, 2023, including a monthly dividend of $0.15 per share payable on October 25, 2023. Cautionary statement regarding forward-looking statements is included.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.87%
Tags
none
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Rhea-AI Summary
Ellington Financial and Great Ajax terminate merger agreement
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.31%
Tags
Rhea-AI Summary
Ellington Financial and Great Ajax terminate merger agreement
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.31%
Tags
Ellington Financial Inc.

NYSE:EFC

EFC Rankings

EFC Stock Data

999.42M
82.74M
3.83%
54.14%
5.42%
Securities and Commodity Exchanges
Finance and Insurance
Link
United States of America
Greenwich

About EFC

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