STOCK TITAN

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.

Ellington Financial Inc. (EFC) is a specialty finance company headquartered in Columbus, Ohio. With a focus on generating attractive, risk-adjusted returns for its shareholders, Ellington Financial Inc. operates through two main segments: the Investment Portfolio Segment and the Longbridge Segment.

The Investment Portfolio Segment is dedicated to investing in a diverse array of financial assets. These include residential and commercial mortgage loans, residential mortgage-backed securities (RMBS), non-mortgage- and mortgage-related derivatives, debt and equity investments in loan origination companies, and other strategic investments. This segment aims to leverage the company's expertise in asset management and financial markets to deliver consistent returns.

The Longbridge Segment focuses on the origination and servicing of reverse mortgage loans. The company acquires these loans both through its origination activities and through secondary market purchases, providing a significant stream of income and growth opportunities. This segment underscores Ellington Financial Inc.’s commitment to addressing the financial needs of an aging population by offering solutions that help senior homeowners convert part of the equity in their homes into cash.

Ellington Financial Inc. continues to build on its strong foundation by seeking out new partnerships and investing in innovative products. The company’s strategic approach and diversified portfolio help to mitigate risks and capitalize on market opportunities.

Recent achievements include enhanced portfolio performance and strategic acquisitions that have bolstered the company's market position. Financially, Ellington Financial Inc. remains robust, with a well-capitalized balance sheet and a disciplined investment strategy that aims to maximize shareholder value.

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
-
Rhea-AI Summary
Ellington Financial and Great Ajax terminate merger agreement
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.23%
Tags
Rhea-AI Summary
Ellington Financial and Great Ajax terminate merger agreement
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.23%
Tags
-
Rhea-AI Summary
Ellington Financial Inc. declares monthly dividend of $0.15 per share of common stock
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
Tags
dividends
-
Rhea-AI Summary
Ellington Financial Inc. announces estimated book value per share of $14.30 as of August 31, 2023, including a monthly dividend of $0.15 per share payable on September 25, 2023. No significant positive or negative business takes affecting stock price.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.48%
Tags
none
Rhea-AI Summary
Ellington Financial Inc. (NYSE: EFC) declares monthly and quarterly dividends for common and preferred stockholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.61%
Tags
dividends
-
Rhea-AI Summary
Ellington Financial Inc. announces estimated book value per share of $14.49 as of July 31, 2023, including a monthly dividend of $0.15 per share payable on August 25, 2023. Forward-looking statements caution investors of possible material changes and risks.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.77%
Tags
none
-
Rhea-AI Summary
Ellington Financial Inc. (NYSE: EFC) Declares $0.15 Monthly Dividend, Sets Payable Date for September 25, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.52%
Tags
dividends
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.52%
Tags

FAQ

What is the current stock price of Ellington Financial (EFC)?

The current stock price of Ellington Financial (EFC) is $12.13 as of December 20, 2024.

What is the market cap of Ellington Financial (EFC)?

The market cap of Ellington Financial (EFC) is approximately 1.1B.

What does Ellington Financial Inc. do?

Ellington Financial Inc. is a specialty finance company that invests in a variety of financial assets and services reverse mortgage loans.

What are the main segments of Ellington Financial Inc.?

The main segments are the Investment Portfolio Segment and the Longbridge Segment.

Where is Ellington Financial Inc. headquartered?

The company is headquartered in Columbus, Ohio, United States.

What is the primary investment objective of Ellington Financial Inc.?

The primary investment objective is to generate attractive, risk-adjusted total returns for its shareholders.

What assets does the Investment Portfolio Segment focus on?

It focuses on residential and commercial mortgage loans, RMBS, non-mortgage- and mortgage-related derivatives, and debt and equity in loan origination companies.

What does the Longbridge Segment specialize in?

The Longbridge Segment specializes in the origination and servicing of reverse mortgage loans.

How does Ellington Financial Inc. acquire reverse mortgage loans?

The company acquires reverse mortgage loans both through its origination activities and through secondary market purchases.

What recent achievements has Ellington Financial Inc. made?

Recent achievements include enhanced portfolio performance and strategic acquisitions that have bolstered the company's market position.

What is Ellington Financial Inc.'s financial condition?

Ellington Financial Inc. maintains a robust financial condition with a well-capitalized balance sheet and a disciplined investment strategy.

What is unique about Ellington Financial Inc.'s approach?

Ellington Financial Inc. employs a strategic approach with a diversified portfolio to mitigate risks and capitalize on market opportunities.

Ellington Financial Inc.

NYSE:EFC

EFC Rankings

EFC Stock Data

1.10B
87.41M
3.59%
56.19%
4.75%
REIT - Mortgage
Real Estate
Link
United States of America
Greenwich