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.

Annaly Capital

Investors are overpaying for these two shares. It's easy to get a better deal on dividends. The problem comes back to prices. There are very similar shares available at materially better prices.

A Better Deal For Dividend Investors

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $15.00 as of January 31, 2023. This estimate includes the effect of the previously announced monthly dividend of $0.15 per share of common stock, payable on February 27, 2023 to holders of record on January 31, 2023, with an ex-dividend date of January 30, 2023.

Ellington Financial Announces Estimated Book Value Per Common Share as of January 31, 2023

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today reported financial results for the quarter ended December 31, 2022. Highlights Net income attributable to common stockholders of $22.7 million, or $0.37 per common share.1 $19.0 million, or $0.31 per common share, from the investment portfolio. $7.2 million, or $0.12 per common share, from the credit strategy. $11.8 million, or $0.19 per common share, from the Agency strategy. $14.5 million, or $0.

Ellington Financial Inc. Reports Fourth Quarter 2022 Results

AGNC Investment

ARMOUR Residential REIT

ETRACS Monthly Pay 1.5X Leveraged Closed End Fund Index ETN

Dynex Capital

Ellington Residential Mortgage REIT

Eagle Point Credit

Franklin International Aggregate Bond ETF

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN

ProShares K-1 Free Crude Oil Strategy ETF

Orchid Island Capital

Oxford Square Capital

PIMCO Access Income Fund

PIMCO Dynamic Income Fund

PIMCO Dynamic Income Opportunities Fund

PennantPark Floating Rate Capital

San Juan Basin Royalty Trust

SL Green Realty

Solar Capital

ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN

Simplify Volatility Premium ETF

Imagine stocks or funds that pay out their dividends once a month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300% or more! These February U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net gains include: 1. Stocks by-yield 101); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by yield >8.69% (80).

102 Monthly Paying Dividend Stocks And 80 Funds For February

Arlington Asset Investment

ACRES Commercial Realty Corp.

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

Ares Capital

Blackstone Mortgage Trust

Cherry Hill Mortgage

Chimera Investment

Capital Southwest

Franklin BSP Realty Trust Inc

FS KKR Capital Corp

Gladstone Investment

Golub Capital BDC

Granite Point Mortgage Trust

Invesco Mortgage Capital

Invesco KBW Premium Yield Equity REIT ETF

Main Street Capital

Slash to 11% or 12% incoming. Shares already dipped some, though many investors don't know about the cut yet.

16% Dividend Yield Slash Incoming

Arbor Realty Trust

British American Tobacco

Genco Shipping & Trading

Kenon Hlds

Orange

Oxford Lane Capital

Petroleo Brasileiro

Sirius XM Holdings Inc

Sociedad Quimica Y Minera De Chile

Trinity Capital

V.F.

ZIM Integrated Shipping Services

Prior to January 31, 2023 readers mentioned 33 equities in recent comments on Arnold articles. Some bad-news investments (rogues) mixed with (mostly) favorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: ABR, EFC, ORAN, SQM, FSK, VFC, GNK, BTI, PBR, & ZIM, averaged 37.85% net gains from data collected 2/14/23.

Readers Revealed 26 Ideal January Dividend Dogs

Big unsustainable yield at a premium valuation. This share isn't for investors, it's for suckers. The valuation is at historically high levels. People who keep holding onto shares are not investing.

Dump This Fat 16% Yield Before The Cut

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that it will release financial results for the quarter ended December 31, 2022 after market close on Thursday, February 23, 2023. The Company will host a conference call to discuss its financial results at 11:00 a.m. Eastern Time on Friday, February 24, 2023. To participate in the event by telephone, please dial (800) 343-4849 at least 10 minutes prior to the start time and reference the conference code EFCQ422. International callers should dial (203) 518-9708 and reference the same code. The conference call also will be webcast live and can be accessed via the "For Our Shareholders" section of the Company's website at www.ellingtonfinancial.com. To listen to the live webcast, please visit www.ellingtonfinancial.com at least 15 minutes prior to the start of the call to register, download, and install necessary audio software.

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

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc.

Ellington Financial Inc. Completes Non-QM Loan Securitization

Ares Commercial Real Estate

Alexandria Real Estate Equities

JPMorgan BetaBuilders MSCI US REIT ETF

Brandywine Realty

Blackstone Group

Boston Properties

Camden Property

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

Equity LifeStyle Properties

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

Global Net Lease

Hannon Armstrong Sustainable Infrastructure Capital

Hersha Hospitality Trust Class A

iShares Cohen & Steers REIT ETF

Summit Hotel Properties

iShares U.S. Real Estate ETF

Nuveen Real Estate Income Fund

U.S. equity markets extended their rebound this week after the Federal Reserve slowed its pace of interest rate hikes while strong employment data alongside cooling wage pressures supported "soft landing" prospects. Gaining for the fourth week in the past five, the S&P 500 advanced 1.6% while the tech-heavy Nasdaq 100 rallied 3.3% - its fourth-straight week of gains. Small caps soared 5%.

Fed Blinks, Finally

OLD GREENWICH, Conn.--( BUSINESS WIRE )--Ellington Financial Inc. (NYSE: EFC) (the "Company") announced today that it has priced an underwritten public offering of 4,000,000 shares of 8.625% Series C Fixed-Rate Reset Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”), with a liquidation preference of $25.00 per share, for gross proceeds of $100 million before deducting underwriting discounts and estimated offering expenses. The Company has granted the underwriters an option for 30 days to purchase up to an additional 600,000 shares of the Series C Preferred Stock solely to cover over-allotments. The Company intends to apply to list the Series C Preferred Stock on the New York Stock Exchange under the symbol “EFC PR C”. The offering is expected to close on or about February 6, 2022, subject to customary closing conditions. Piper Sandler & Co. is acting as the sole book-running manager for the offering.

Ellington Financial Inc. Announces Pricing of Public Offering of 8.625% Series C Fixed-Rate Reset Cumulative Redeemable Preferred Stock

OLD GREENWICH, Conn.--( BUSINESS WIRE )--Ellington Financial Inc. (NYSE: EFC) (the "Company") announced today that it has commenced an underwritten public offering of Series C Fixed-Rate Reset Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”). The Company intends to apply to list the Series C Preferred Stock on the New York Stock Exchange under the symbol “EFC PR C.”

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

OLD GREENWICH, Conn.--( BUSINESS WIRE )--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that information regarding the federal income tax treatment of the distributions deemed paid in 2022 on the Company's common and preferred stock has been posted to the Company's website, at the following links.

Ellington Financial Inc. Announces the Income Tax Treatment of its 2022 Distributions

Ellington Financial Series A preferred is trading at 15% yield to call for October 2024. Should the securities not be called, a floating rate equivalent to over 11% yield in today's interest rate environment would be established.

Ellington Financial Preferred: 15% Yield To Call, Future 11%+ Dividend Yield Opportunity

Similar shares at different valuations are the basis for alpha. The research is so hard, it requires adding dividends or looking at a chart.

A Painfully Obvious Dividend Choice

American Tower

Crown Castle International

D.R. Horton

Kilroy Realty

Mid-America Apartment Communities

U.S. equity markets resumed their rebound this past week as investors parsed a busy slate of corporate earnings results and economic data ahead of the Federal Reserve's rate hike decision. Gaining for the third week in the past four, the S&P 500 advanced 2.5% on the week while the tech-heavy Nasdaq rallied nearly 5% - its fourth-straight week of gains.

A Softish Landing

OLD GREENWICH, Conn.--( BUSINESS WIRE )--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $15.05 as of December 31, 2022. This estimate includes the effect of the previously announced monthly dividend of $0.15 per share of common stock, payable on January 25, 2023 to holders of record on December 30, 2022, with an ex-dividend date of December 29, 2022.

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

Bluerock Residential Growth REIT

Horizon Technology Finance

Horizon Technology Finance Corp Notes 2017-15.09.22

RiverNorth Opportunities Fund, Inc.

Stellus Capital Investment

Imagine stocks or funds that pay-out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These January U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (101); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >8.69% (80).

101 Monthly Paying Dividend Stocks And 80 Funds For January

The Financials sector appears cheap to the broad market while REITs have caught some investor bullishness lately. Ellington Financial features a very high yield, and the stock has some potentially bullish chart aspects brewing.

Ellington Financial: Fairly Valued, Shares Nearing A Breakout, Patience Required

We're contrasting two sets of investments where one is demonstrably better than the other. Market prices are not efficient. Sometimes investors leave a nice chunk of change on the table.

Dueling Dividends

Dividend yields: 7.8% to 15%. Dramatic discounts to net asset value. Price to NAV range: .36 to .86.

High-Yield Shares On Sale Today

EPR Properties

Modiv

Imagine stocks or funds that pay out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your 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 (100); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >9.12% (80).

100 Monthly Paying Dividend Stocks And 80 Funds For December

News for Ellington Financial Stock (EFC)