Ellington Financial Announces Estimated Book Value Range as of September 30, 2021
Ellington Financial Inc. (NYSE: EFC) reported an estimated book value per share of common stock between $18.31 and $18.37 as of September 30, 2021. This estimate factors in the previously announced monthly dividend of $0.15 per share, payable on October 25, 2021. The range is subject to change and not audited by PricewaterhouseCoopers LLP, with potential material adjustments before final financial statements are released. Forward-looking statements are included, emphasizing the risks around market fluctuations and regulatory changes.
- Estimated book value per share projected between $18.31 and $18.37.
- Monthly dividend of $0.15 per share announced.
- Estimated book value is not audited, implying potential inaccuracies.
- Forward-looking statements highlight numerous risks and uncertainties that could adversely affect actual results.
Cautionary Statements
This estimated range is subject to change and any such change could be material. The Company’s registered independent public accountant,
The estimated range of book value per share of common stock included in this press release has been prepared by the Company and is its responsibility.
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve numerous risks and uncertainties. The Company's actual results may differ from its beliefs, expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements are not historical in nature and can be identified by words such as "believe," "expect," "anticipate," "estimate," "project," "plan," "continue," "intend," "should," "would," "could," "goal," "objective," "will," "may," "seek" or similar expressions or their negative forms, or by references to strategy, plans, or intentions. Examples of forward-looking statements in this press release include statements regarding the Company's book value per common share. The Company's results can fluctuate from month to month and from quarter to quarter depending on a variety of factors, some of which are beyond the Company's control and/or are difficult to predict, including, without limitation, changes in interest rates and the market value of the Company's investments, changes in mortgage default rates and prepayment rates, the Company's ability to borrow to finance its assets, changes in government regulations affecting the Company's business, the Company's ability to maintain its exclusion from registration under the Investment Company Act of 1940, the Company's ability to maintain its qualification as a real estate investment trust, or "REIT," and other changes in market conditions and economic trends, including changes resulting from the economic effects related to the COVID-19 pandemic, and associated responses to the pandemic. Furthermore, forward-looking statements are subject to risks and uncertainties, including, among other things, those described under Item 1A of the Company's Annual Report on Form 10-K, as amended, which can be accessed through the Company's website at www.ellingtonfinancial.com or at the
This release and the information contained herein do not constitute an offer of any securities or solicitation of an offer to purchase securities.
About
View source version on businesswire.com: https://www.businesswire.com/news/home/20211012006145/en/
Investors:
JR Herlihy
(203) 409-3575
info@ellingtonfinancial.com
Source:
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