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 (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.
Ellington Financial (NYSE: EFC) has reported its estimated book value per common share at $13.52 as of December 31, 2024. This estimate incorporates the previously announced monthly dividend of $0.13 per share of common stock, which was paid on January 27, 2025, to shareholders of record as of December 31, 2024.
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 paid on February 25, 2025, to stockholders who are on record as of January 31, 2025.
Ellington Financial (NYSE: EFC) has reported its estimated book value per common share at $13.47 as of November 30, 2024. This figure incorporates the impact of the company's previously announced monthly dividend of $0.13 per share, which was paid on December 26, 2024, to shareholders of record as of November 29, 2024.
Ellington Financial Inc. (NYSE: EFC) has successfully completed a $243 million securitization backed by proprietary reverse mortgage loans. The loans were originated by Longbridge Financial, , a wholly-owned subsidiary of EFC, which will continue to service the underlying mortgage loans. The securitization's debt tranches received ratings from Morningstar DBRS, with the senior tranches achieving AAA(sf) ratings. EFC has maintained ownership of certain tranches to comply with credit risk retention regulations.
Ellington Financial (NYSE: EFC) has successfully completed a $199 million securitization backed by closed-end second lien residential mortgage loans. The company contributed approximately 51% of the loans, while funds managed by Ellington Management Group provided the remaining portion. The securitization's debt tranches received ratings from Fitch and KBRA, with the senior-most tranches achieving AAAsf and AAA (sf) ratings respectively.
FAQ
What is the current stock price of Ellington Financial (EFC)?
What is the market cap of Ellington Financial (EFC)?
