Ellington Financial Inc. (NYSE: EFC) — Company Overview, News & Financial Data
Ellington Financial invests in mortgage-related assets to generate attractive risk-adjusted total returns for shareholders.
Ellington Financial Inc.
Ellington Financial (NYSE:EFC) is focused on generating attractive, risk-adjusted total returns for its shareholders by investing in diverse financial assets. The company operates mainly in the residential real estate market through investments in mortgage-related assets, including residential mortgage-backed securities and loans. Its strategic approach combines the expertise in credit analysis with innovative market research and data analysis to optimize portfolio performance. Ellington Financial actively manages its acquisitions and financing to capitalize on market inefficiencies, aiming to deliver strong returns in various market environments. Its objectives include maintaining a diversified asset portfolio, maximizing shareholder value, and ensuring robust risk management practices to navigate economic changes.
Snapshot
Operations
Products and/or services of Ellington Financial Inc.
- Residential mortgage-related investments focus on acquiring and managing a diverse portfolio of residential mortgage-backed securities and loans, aiming to generate stable and attractive returns.
- Commercial mortgage-backed securities involve investing in securities backed by income-producing commercial real estate loans, offering diversification and potential high-yield returns to investors.
- Credit strategy operations encompass investing in a variety of credit securities and assets, including consumer loans and corporate credit, to optimize risk-adjusted returns.
- Equity investing in real estate offers exposure to income-generating properties, aligning investment opportunities with market demand for long-term capital appreciation and cash flow.
- Loan origination partnerships collaborate with loan originators to purchase or finance originations, enhancing market presence and ensuring access to quality assets for portfolio growth.
- Alternative investments provide diversified investment opportunities across various asset classes, aiming to enhance return potential and manage risks effectively through strategic asset allocation.
Ellington Financial Inc. executive team
- J. R. HerlihyCFO & Treasurer
- Christopher Max SmernoffChief Accounting Officer
- Laurence Eric PennCEO, President & Director
- Mark Ira TecotzkyCo-Chief Investment Officer
- Michael William VranosCo-Chief Investment Officer
- Daniel Reuven MargolisGeneral Counsel
- Vincent AmbricoController
- Alaael-Deen ShillehAssociate General Counsel & Secretary
Latest news about Ellington Financial Inc.
Dividend history
Dividends per share paid by Ellington Financial Inc., by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2026(to date) | — | — | — | $1.3000 |
| FY2025 | — | — | — | $1.5600 |
| FY2024 | — | — | — | $1.6000 |
| FY2023 | — | — | — | $1.8000 |
| FY2022 | — | — | — | $1.8000 |
Key financials
Reported results for Ellington Financial Inc., in USD.
- Market cap
- 1.5B
- Revenue (TTM)
- 431.4M
- P/E ratio
- 7.0
- EPS (diluted, TTM)
- 1.6
- Dividend yield
- 13.5%
- Profit margin
- 51.5%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 674.5M | 415.3M | 146.9M | |
| 282.2M | 116.3M | 145.9M | |
| 256.5M | 89.2M | 84.1M | |
| 43.1M | -25M | -70M |