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Ellington Financial Inc.

$13.85
+$0.09(+0.65%)
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Overall
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Value
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Tech
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Quality
Market Cap
$1.34B
Volume
703.03K
52W Range
$11.12 - $14.40
Target Price
$14.63

Company Overview

Mkt Cap$1.34BPrice$13.85
Volume703.03KChange+0.65%
P/E Ratio9.2Open$13.79
Revenue$305.6MPrev Close$13.76
Net Income$145.9M52W Range$11.12 - $14.40
Div Yield1.56%Target$14.63

No chart data available

About Ellington Financial Inc.

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. As a REIT, it 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.

Sector: Financial Services
Industry: Specialty Finance

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TipRanks Auto-Generated Intelligence Newsdesk8 days ago
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2EFC$13.85+0.7%703.03K
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