News & Videos - ELLINGTON FINANCIAL INC. - Page 3

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...

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.” The Company expects to use the net proceeds of the offering to acquire its targeted assets. The Company may also use the net proceeds for...

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. Common Stock: https://ir.ellingtonfinancial.com/dividends-common-stock Series A Preferred Stock: https://ir.ellingtonfinancial.com/dividends-preferred-stock Series B Preferred Stock:...

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

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 February 27, 2023 to stockholders of record as of January 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) announced today the closing of a $365 million securitization backed by a pool of non-qualified residential mortgage (“non-QM”) loans. Ellington Financial contributed approximately 85% of the loans included in the securitization, with the remainder contributed by a fund 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...

Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $14.89 as of November 30, 2022. This estimate includes the effect of the previously announced monthly dividend of $0.15 per share of common stock, payable on December 27, 2022 to holders of record on November 30, 2022, with an ex-dividend date of November 29, 2022. Cautionary Statements Estimated book value per common share is subject to change upon completion of the...

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 common share, payable on January 25, 2023 to stockholders of record as of December 30, 2022; (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, payable on January 30, 2023 to stockholders of record as of December 30, 2022; and (iii) a quarterly...

Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $14.86 as of October 31, 2022. This estimate includes the effect of the previously announced monthly dividend of $0.15 per share of common stock, payable on November 25, 2022 to holders of record on October 31, 2022, with an ex-dividend date of October 28, 2022. 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 September 30, 2022. Highlights Net loss of $(33.3) million, or $(0.55) per common share. Adjusted Distributable Earnings 1 of $26.5 million, or $0.44 per share. Book value per common share as of September 30, 2022 of $15.22, including the effects of dividends of $0.45 per common share for the quarter. Credit strategy gross loss of $(11.3) million for the quarter, or $(0.19) per share....

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 December 27, 2022 to stockholders of record as of November 30, 2022. 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 announced that it will release financial results for the quarter ended September 30, 2022 after market close on Monday, November 7, 2022. The Company will host a conference call to discuss its financial results at 11:00 a.m. Eastern Time on Tuesday, November 8, 2022. To participate in the event by telephone, please dial (800) 225-9448 at least 10 minutes prior to the start time and reference the conference code EFCQ322. International...

Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $15.22 as of September 30, 2022. This estimate includes the effect of the previously announced monthly dividend of $0.15 per share of common stock, payable on October 25, 2022 to holders of record on September 30, 2022, with an ex-dividend date of September 29, 2022. Cautionary Statements Estimated book value per common share is subject to change upon completion of the...

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 November 25, 2022 to stockholders of record as of October 31, 2022. 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 announced its estimated book value per share of common stock of $15.99 as of August 31, 2022. This estimate includes the effect of the previously announced monthly dividend of $0.15 per share of common stock, payable on September 26, 2022 to holders of record on August 31, 2022, with an ex-dividend date of August 30, 2022. 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 announced that its Board of Directors has declared the following: (i) a monthly dividend of $0.15 per common share, payable on October 25, 2022 to stockholders of record as of September 30, 2022; (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, payable on October 31, 2022 to stockholders of record as of September 30, 2022; and (iii) a quarterly...

Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $16.32 as of July 31, 2022. This estimate includes the effect of the previously announced monthly dividend of $0.15 per share of common stock, payable on August 25, 2022 to holders of record on July 29, 2022, with an ex-dividend date of July 28, 2022. Cautionary Statements Estimated book value per common share is subject to change upon completion of the Company's month-end...

Ellington Financial Inc. (NYSE: EFC) (the "Company") today reported financial results for the quarter ended June 30, 2022. Highlights Net loss of $(64.9) million, or $(1.08) per common share. Adjusted Distributable Earnings 1 of $24.9 million, or $0.41 per share. Book value per common share as of June 30, 2022 of $16.22, including the effects of dividends of $0.45 per common share for the quarter. Credit strategy gross loss of $(48.9) million for the quarter, or $(0.80) per share. Agency...

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 September 26, 2022 to stockholders of record as of August 31, 2022. Cautionary Statement Regarding F orward-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") announced today that it has closed a $346 million securitization backed by a pool of non-qualified residential mortgage (“non-QM”) loans. The Company originally acquired the majority of the non-QM loans from LendSure Mortgage Corp. and American Heritage Lending, LLC, two mortgage originators in which the Company holds strategic equity investments. The securitization was rated by both Fitch and KBRA, with the senior tranche receiving AAA...