Ellington Financial

Ellington Financial, Inc. operates as an investment trust. The firm engages in the provision of investment services. It manages mortgage-backed assets, securities, loans and real estate debts. The company was founded on July 9, 2007 and is headquartered in Old Greenwich, CT.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Ellington Financial reports solid Q4 performance amidst market challenges

Ellington Financial (EFC) delivered a solid Q4 performance, driven by strong contributions from Longbridge Financial and the Agency strategy. Despite challenges from spiked short-term interest rates impacting borrowing costs, EFC remains well-positioned with a strong liquidity position and a growing credit portfolio. The company is strategically focusing on market opportunities and acquisitions to drive future growth and profitability.

Ellington Financial (EFC) reports solid Q1 performance amidst strategic portfolio adjustments

Ellington Financial (EFC) delivered a strong performance in Q1 2023, showcasing effective capital management and strategic portfolio adjustments. While facing challenges such as regional banking distress and liquidity risks, the company remains optimistic about future opportunities and potential dividend increases.

Ellington Financial (EFC) reports strong Q2 earnings and strategic acquisitions

Ellington Financial (EFC) delivered solid performance in Q2 2023, driven by its credit strategy segment and pending strategic acquisitions.
The company's focus on diversification, capital allocation flexibility, and entering new sectors like mortgage servicing rights bode well for future growth.
While facing challenges such as delinquencies and portfolio shifts, EFC is actively exploring opportunities in M&A, distressed assets, and longer-duration assets.
Overall, EFC's strategic moves and financial strength position it favorably to navigate challenges and capitalize on emerging opportunities in the market.

Ellington Financial reports solid Q3 earnings amidst market challenges

Ellington Financial's Q3 2023 showcased strong performance in credit portfolios, offsetting challenges in agency strategies. The company's interest rate hedging strength and ample dry powder position it well for future investments. Opportunities in distressed commercial mortgage loans and CMBS are being actively pursued. The merger with Arlington and potential FDIC portfolio bid signal strategic growth moves.

Ellington Financial reports Q4 resilience post-merger, eyes growth opportunities

Ellington Financial's Q4 performance showed resilience with a focus on recovery and growth post-merger, supported by a strong balance sheet and asset sales.
The company's strengths lie in its scale, balance sheet strength, and commitment to long-term value creation through strategic investments and dividend coverage.
Challenges include rebuilding earnings, managing leverage effectively, and navigating market uncertainties, while opportunities exist in growth, regulatory changes, and strategic investments.
Overall, Ellington Financial's strategic focus on growth, value creation, and financial stability positions it well for long-term success and shareholder value enhancement.

Ellington Financial (EFC) reports robust Q2 earnings and strategic growth outlook

Ellington Financial (EFC) demonstrated strong financial performance in Q2 2024, driven by diversified credit portfolios and strategic investments.
The company showcased resilience and adaptability in navigating market challenges while capitalizing on growth opportunities.
Maintaining a balanced approach to portfolio management and leveraging strengths in key areas position Ellington Financial for continued success.
Strategic focus on optimizing earnings, managing debt ratios, and exploring new avenues for growth will be key to sustained performance.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Ellington Financial, Inc. engages in the provision of investment services. It operates through the Investment Portfolio and Longbridge segments. The Investment Portfolio segment is focused on investing in a diverse array of financial assets, which includes residential and commercial mortgage loans, reverse mortgage loans, residential mortgage-backed securities, commercial mortgage-backed securities, consumer loans & asset-backed securities backed, collateralized loan obligations, non-mortgage and mortgage-related derivatives, debt and equity investments in loan origination companies. The Longbridge segment consists of the origination and servicing of reverse mortgage loans. The company was founded on July 9, 2007 and is headquartered in Old Greenwich, CT.

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Announces Release Date of First Quarter 2022 Earnings, Conference Call, and Investor Presentation

Ellington Financial Announces Release Date of First Quarter 2022 Earnings, Conference Call, and Investor Presentation

ARMOUR Residential REIT

Broadmark Realty Capital Inc.

Gladstone Commercial

These REITs provide rewards, but are not without risk.

These 4 Inflation-Fighting Stocks Pay Dividends Monthly

Arlington Asset Investment

ACRES Commercial Realty Corp.

AGNC Investment

AGNC Investment Corp - FXDFR PRF PERPETUAL USD 25 - Ser D 1/1000th int

AGNC Investment Corp. Deposit Shs Repr 1/1000th Cum Conv Red Pfd Registered Shs Series C

Apollo Investment

Ares Capital

Blackstone Mortgage Trust

Cherry Hill Mortgage

Chimera Investment

Dynex Capital

Ellington Residential Mortgage REIT

Franklin BSP Realty Trust Inc

FS KKR Capital Corp

Gladstone Investment

Gladstone Investment Corp 6 1/4% Cum Term Pfd Shs Series D

Golub Capital BDC

Granite Point Mortgage Trust

Invesco Mortgage Capital

Invesco KBW Premium Yield Equity REIT ETF

Main Street Capital

Our sector has been wild lately. The volatility means more developments we need to cover. I've got some catching up to do. If you like shares with high dividend yields and inefficient markets, you're going to enjoy these opportunities. These yields are pretty good today, but dividend rates could increase materially in a few years.

3 Picks For 7.2% To 9.3% Dividend Yields

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that certain of its subsidiaries (the “Issuers”) have closed a private offering of $210 million in aggregate principal amount of 5.875% senior unsecured notes due April 2027 (the “Notes”). The Notes will be fully and unconditionally guaranteed by the Company. The Notes and the guarantee have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or any st

Ellington Financial Inc. Closes Offering of $210 Million of Senior Unsecured Notes

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Announces Estimated Book Value Per Common Share as of February 28, 2022

Ellington Financial Announces Estimated Book Value Per Common Share as of February 28, 2022

Ellington Financial Inc. (EFC) CEO Laurence Penn on Q4 2021 Results - Earnings Call Transcript

Ellington Financial's (EFC) purchase of controlling interest in Longbridge will enable it to tap the latter's industry-leading position in the reverse mortgage space.

Ellington (EFC) Taps Reverse Mortgage Space, To Buy Longbridge

OLD GREENWICH, Conn. & MAHWAH, N.J.--(BUSINESS WIRE)--Ellington Financial to Acquire Longbridge Financial; Ellington to Gain Controlling Interest in Industry-Leading Reverse Mortgage Lender

Ellington Financial to Acquire Longbridge Financial

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. Reports Fourth Quarter 2021 Result

Ellington Financial Inc. Reports Fourth Quarter 2021 Results

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Announces Estimated Book Value Per Common Share as of January 31, 2022

Ellington Financial Announces Estimated Book Value Per Common Share as of January 31, 2022

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Announces Release Date of Fourth Quarter 2021 Earnings, Conference Call, and Investor Presentation

Ellington Financial Announces Release Date of Fourth Quarter 2021 Earnings, Conference Call, and Investor Presentation

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. Announces the Income Tax Treatment of its 2021 Distributions

Ellington Financial Inc. Announces the Income Tax Treatment of its 2021 Distributions

The company pays a monthly dividend and has a forward dividend yield of 10.15%. EFC is slightly undervalued trading at 0.93x its book value.

Ellington Financial: 10.15% Yield Combined With Attractive Valuation

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. Completes $417 Million Non-QM Loan Securitization

Ellington Financial Inc. Completes $417 Million Non-QM Loan Securitization

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Announces Estimated Book Value Per Common Share as of December 31, 2021

Ellington Financial Announces Estimated Book Value Per Common Share as of December 31, 2021

HOLLYWOOD, Fla. & OLD GREENWICH, Conn.--(BUSINESS WIRE)--SHERIDAN CAPITAL AND ELLINGTON FINANCIAL ANNOUNCE STRATEGIC PARTNERSHIP

Sheridan Capital and Ellington Financial Announce Strategic Partnership

Advanced Micro Devices

Enterprise Products Partners

Grindrod Shipping Holdings Ltd

Leggett & Platt

Lumen Technologies

M&T Bank

MV Oil Trust Units

Newtek Business Services

People's United Financial

Qiwi

Ship Finance

Sirius XM Holdings Inc

AT&T

AT&T 5.35 % Notes 2017-01.11.66 Global

Xilinx

ZIM Integrated Shipping Services

December 3, 2021 - January 3 2022 readers mentioned 40 equities in their comments. Some lamented bad-news, so bad-news investments (rogues) mixed with (mostly) favorites. (Thus, these are the ReFa/Ro.). Ten analyst-target-estimated TOP-NET-GAIN reader faves & rogues, QIWI, GRIN, CHMI, LUMN, SFL, EPD, T, ZIM, EARN, & LEG averaged 41.99% net gains from data collected 1/3/22.

My Readers Identified 26 Ready-To-Buy Dividend Dogs For January

Babcock & Wilcox Enterprises

DTE Energy

DTE Energy Company 6 % Debentures 2016-15.12.76 Series F

Esports Entertainment Group

Green Brick Partners

OFS Credit Company Inc

OFS Credit Company Inc - 6.875% PRF REDEEM 31/03/2024 USD 25 - Ser A

B. Riley Financial

Sachem Capital

Skylight Health Group

SuRo Capital

As December 2021 comes to a close, we look back at the new preferred stocks and ETDs introduced during the month, offering annual yields ranging from 4.375% to 10%.

New Preferred Stock IPOs, December 2021

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Announces Estimated Book Value Per Common Share as of November 30, 2021

Ellington Financial Announces Estimated Book Value Per Common Share as of November 30, 2021

Aberdeen Income Credit Strategies Fund

InfraCap MLP

Bluerock Residential Growth REIT

Cross Timbers Royalty

Generation Income Properties

Credit Suisse X-Links Gold Shares Covered Call ETN

LTC Properties

Oxford Lane Capital

Oxford Square Capital

PIMCO Dynamic Income Fund

PennantPark Floating Rate Capital

Global X NASDAQ 100 Covered Call ETF

Credit Suisse X-Links Monthly Pay 2xLeveraged Mortgage REIT ETN

Global X Russell 2000 Covered Call ETF

Stellus Capital Investment

San Juan Basin Royalty Trust

ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN

Sunrise Realty Trust Inc

Credit Suisse X-Links Crude Oil Shares Covered Call ETN

Imagine a stock or fund that paid out its dividends once a month! Instead of quarterly, semi-annually or (ugh) annually, your anticipatory angst waiting for money is reduced by 300%, or more! These December U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (102); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >6.99% (80).

102 Monthly Pay Dividend Stocks And 80 Funds: December's Gift Bag

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. Announces Pricing of Public Offering of 6.250% Series B Fixed-Rate Reset Cumulative Redeemable Preferred Stock

Ellington Financial Inc. Announces Pricing of Public Offering of 6.250% Series B Fixed-Rate Reset Cumulative Redeemable Preferred Stock

MFA Financial

AG Mortgage Investment Trust

VanEck Mortgage REIT Income ETF

Readers on Seeking Alpha are becoming more familiar with mortgage REITs.

6 Quick Lessons About Big Dividend Yields

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. Announces Public Offering of Series B Preferred Stock

Ellington Financial Inc. Announces Public Offering of Series B Preferred Stock

Why My Fat Dividend Income Is Better Than Yours

Federal Home Loan Mortgage Corporation

Velocity Financial

Walker & Dunlop

Portfolio diversity and digitalization will aid players in the Zacks Mortgage & Related Services industry, including WD, EFC and VEL, amid headwinds like rising mortgage rates and home price appreciation.

3 Mortgage & Related Services Stocks to Watch as Mortgage Rates Rise

News for Ellington Financial Stock (EFC)