Ellington Financial Inc., through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. It operates in two segments, Investment Portfolio and Longbridge. The company acquires and manages residential mortgage-backed securities (RMBS) backed by prime jumbo, Alt-A, non-QM, manufactured housing, subprime residential, and single-family-rental mortgage loans; RMBS for which the principal and interest payments are guaranteed by the U.S. government agency or the U.S. government-sponsored entity; residential and commercial mortgage loans; residential mortgage-backed securities; commercial mortgage-backed securities; consumer loans and asset-backed securities backed by consumer loans; investments referencing mortgage servicing rights on traditional forward mortgage loans; collateralized loan obligations; non-mortgage- and mortgage-related derivatives; debt and equity investments in loan origination companies; and other strategic investments. It also offers reverse mortgage loans, including associated financial assets, financing, hedging, and allocated expenses. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes that intends to distribute at least 90% of its taxable income as dividends to shareholders. Ellington Financial Inc. was incorporated in 2007 and is headquartered in Old Greenwich, Connecticut.
Frequently asked questions
What sector does EFC-PC (EFC-PC) operate in?
EFC-PC belongs to the Materials sector and operates in the REIT - Mortgage industry.
What is EFC-PC (EFC-PC) current stock price?
As of the latest data, EFC-PC stock price is $25.37, with a previous close of $25.31. EFC-PC gained $0.06 in the last trading session, representing a 0.24% increase.
What is EFC-PC (EFC-PC) current market capitalization?
EFC-PC market cap is approximately 3.19 billion.
What is EFC-PC (EFC-PC) EBITDA?
EFC-PC EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 40.97 million.
Does EFC-PC (EFC-PC) pay dividends?
Yes. EFC-PC pays quarterly dividends with an annualized yield of 8.5% and an estimated annual payout of $2.16 per share.
When is the next ex-dividend date for EFC-PC (EFC-PC)?
The next ex-dividend date is scheduled for September 30, 2026.
What is EFC-PC (EFC-PC) beta (volatility) score?
EFC-PC has a beta of 0.934, meaning its volatility is roughly in line with the market.