News & Videos - ELLINGTON FINANCIAL INC. - Page 2

Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that its Board of Directors has declared the following: (i) a monthly dividend of $0.15 per share of common stock, payable on July 25, 2023 to common stockholders of record as of June 30, 2023; (ii) a quarterly dividend of $0.421875 per share on the Company's 6.750% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series A preferred stockholders"), payable on July 31, 2023 to Series A preferred...

Shareholder Alert: Ademi LLP investigates whether Arlington Asset Investment Corp. has obtained a Fair Price in its transaction with Ellington Financial PR Newswire MILWAUKEE, May 30, 2023 MILWAUKEE , May 30, 2023 /PRNewswire/ -- Ademi LLP is investigating Arlington (NYSE: AAIC) for possible breaches of fiduciary duty and other violations of law in its transaction with Ellington Financial Click here to learn how to join the action https://www.ademilaw.com/case/arlington-asset-investment-corp or...

Ellington Financial Inc. (NYSE: EFC) (“Ellington Financial”), a real estate investment trust investing in a diverse array of financial assets including residential and commercial mortgage loans, and Arlington Asset Investment Corp. (NYSE: AAIC) (“Arlington”) , a real estate investment trust that invests primarily in mortgage-related and other assets, announced today that they have entered into a definitive merger agreement pursuant to which Ellington Financial will acquire Arlington....

ELLINGTON FINANCIAL AND ARLINGTON ASSET INVESTMENT CORP. ANNOUNCE DEFINITIVE MERGER AGREEMENT PR Newswire OLD GREENWICH, Conn., May 30, 2023 − Transaction Provides Increased Scale and Enhanced Access to Capital Markets – − Aligned Platforms and Capital Expected to Drive Earnings Accretion and Sustained Long-Term Growth − OLD GREENWICH, Conn. , May 30, 2023 /PRNewswire/ -- Ellington Financial Inc. (NYSE: EFC) ("Ellington Financial"), a real estate investment trust investing in a diverse...

Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $14.89 as of April 30, 2023. This estimate includes the effect of the previously announced monthly dividend of $0.15 per share of common stock, payable on May 25, 2023 to holders of record on April 28, 2023, with an ex-dividend date of April 27, 2023. Cautionary Statement Regarding Forward-Looking Statements Estimated book value per common share is subject to change upon...

Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that at its annual meeting of stockholders held on Tuesday May 16, 2023, its stockholders voted to adopt an amendment to its Certificate of Incorporation (its “Charter”) to increase the authorized number of shares of its common stock from 100,000,000 to 200,000,000 shares, with a corresponding increase in the total authorized number of shares from 200,000,000 to 300,000,000 shares (the “Share Increase”). The Company has...

Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that its Board of Directors has declared a monthly dividend of $0.15 per share of common stock, payable on June 26, 2023 to stockholders of record as of May 31, 2023. Cautionary Statement Regarding Forward-Looking Statements 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...

Ellington Financial Inc. (NYSE: EFC) (the "Company") today reported financial results for the quarter ended March 31, 2023. Highlights Net income attributable to common stockholders of $38.9 million, or $0.58 per common share. 1 $40.9 million, or $0.61 per common share, from the investment portfolio. $35.5 million, or $0.53 per common share, from the credit strategy. $5.3 million, or $0.08 per common share, from the Agency strategy. $6.5 million, or $0.10 per common share, from Longbridge....

Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that it will release financial results for the quarter ended March 31, 2023 after market close on Monday, May 8, 2023. The Company will host a conference call to discuss its financial results at 11:00 a.m. Eastern Time on Tuesday, May 9, 2023. To participate in the event by telephone, please dial (800) 245-3047 at least 10 minutes prior to the start time and reference the conference code EFCQ123. International callers should...

Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $15.10 as of March 31, 2023. This estimate includes the effect of the previously announced monthly dividend of $0.15 per share of common stock, payable on April 25, 2023 to holders of record on March 31, 2023, with an ex-dividend date of March 30, 2023. Cautionary Statement Regarding Forward-Looking Statements Estimated book value per common share is subject to change upon...

Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that its Board of Directors has declared a monthly dividend of $0.15 per share of common stock, payable on May 25, 2023 to stockholders of record as of April 28, 2023. Cautionary Statement Regarding Forward-Looking Statements 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...

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Ellington Financial Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors PR Newswire NEW YORK, April 3, 2023 NEW YORK , April 3, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Ellington Financial Inc. (NYSE: EFC). If you are a shareholder of Ellington...

Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $15.12 as of February 28, 2023. This estimate includes the effect of the previously announced monthly dividend of $0.15 per share of common stock, payable on March 27, 2023 to holders of record on February 28, 2023, with an ex-dividend date of February 27, 2023. Cautionary Statement Regarding Forward-Looking Statements Estimated book value per common share is subject to...

Ellington Financial Inc. (NYSE: EFC) (the “Company”) announced today that its Board of Directors has authorized the repurchase of up to $50 million of the Company's common stock. This authorization extends the Company’s ability to repurchase common stock beyond the 1.55 million shares previously authorized in 2018. Through today, the Company has repurchased nearly all of the 1.55 million shares previously authorized. The common stock repurchase program does not obligate the Company to...

Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that its Board of Directors has declared the following: (i) a monthly dividend of $0.15 per share of common stock, payable on April 25, 2023 to stockholders of record as of March 31, 2023; (ii) a quarterly dividend of $0.421875 per share on the Company's 6.750% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series A preferred stockholders"), payable on May 1, 2023 to Series A preferred stockholders of...

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. Cautionary Statements Estimated book value per common share is subject to change upon completion of the Company's...

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 $0.24 per common share, from Longbridge....

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...

Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that its Board of Directors has declared a monthly dividend of $0.15 per common share, payable on March 27, 2023 to stockholders of record as of February 28, 2023. Cautionary Statement Regarding Forward-Looking Statements 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...

Ellington Financial Inc. (NYSE: EFC) announced today the closing of a $330 million securitization backed by a pool of non-qualified residential mortgage (“non-QM”) loans. Ellington Financial contributed approximately 53% of the loans included in the securitization, with the remainder contributed by funds managed by Ellington Management Group, L.L.C. The securitization was rated by both Fitch and KBRA, with the senior tranche receiving AAA ratings. About Ellington Financial Inc. Ellington...