Ellington Financial Inc.

Ellington Financial Inc.

EFC · NYSE · Real Estate / REIT - Mortgage

11.11USD+0.10 (+0.91%)

Price History

Full chart

Market Stats

Previous Close11.01
Open11.05
Day Range10.84 – 11.13
52-Week Range10.63 – 13.69
Volume1.82M
Market Cap1.62B
P/E (TTM)7.78
Forward P/E9.07
EPS1.59
Dividend Yield12.61%
Beta0.93
50-Day Avg13.29
200-Day Avg13.15

About

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.

Company Details

  • SectorReal Estate
  • IndustryREIT - Mortgage
  • CEOMr. Laurence Eric Penn
  • Employees500
  • Headquarters53 Forest Avenue, Old Greenwich, CT, United States, 06870, USA
  • Websitehttps://www.ellingtonfinancial.com

Leadership

  • Mr. J. R. HerlihyCFO & Treasurer · b. 1981
  • Mr. Christopher Max Smernoff CPAChief Accounting Officer · b. 1977
  • Mr. Laurence Eric PennCEO, President & Director · b. 1962
  • Mr. Mark Ira TecotzkyCo-Chief Investment Officer · b. 1962
  • Mr. Michael William VranosCo-Chief Investment Officer · b. 1961
  • Mr. Daniel Reuven Margolis J.D.General Counsel · b. 1973
  • Mr. Vincent AmbricoController
  • Mr. Alaael-Deen ShillehAssociate General Counsel & Secretary

Financials

Income Statement

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue8.48M124.28M57.58M22.52M103.04M86.94M72.97M53.24M2.35M10.74M76.83M85.16M31.26M121.96M43.15M256.50M282.19M674.54M
Growth (%)-+1366.11%-53.67%-60.88%+357.43%-15.62%-16.07%-27.03%-95.59%+357.73%+615.18%+10.84%-63.30%+290.19%-64.62%+494.48%+10.01%+139.04%
Cost of Revenue10.90M30.90M17.01M12.20M31.87M25.06M25.17M23.61M26.37M41.85M415.00K90.12M77.07M78.40M19.60M4.71M73.21M106.17M
Gross Profit8.48M124.28M57.58M22.52M103.04M86.94M72.97M53.24M2.35M10.74M76.42M85.16M31.26M121.96M43.15M256.50M282.19M568.37M
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%99.46%100.00%100.00%100.00%100.00%100.00%100.00%84.26%
Operating Expense4.71M28.44M13.19M5.55M-1.91M-2.61M3.88M3.04M2.05M-54.36M-26.97M25.67M-5.13M-14.65M68.12M167.29M165.92M153.08M
Operating Income3.77M95.84M44.40M16.97M104.94M89.55M69.09M50.20M299.00K65.10M103.38M59.49M36.39M136.61M-24.97M89.21M116.27M415.29M
Operating Margin44.44%77.12%77.10%75.36%101.85%103.00%94.69%94.28%12.74%605.99%134.56%69.86%116.41%112.01%-57.87%34.78%41.20%61.57%
EBITDA3.77M95.84M44.40M16.97M104.94M89.55M69.09M50.20M299.00K65.10M103.38M59.49M36.39M136.61M5.67M323.48M403.19M459.09M
EBITDA Margin44.44%77.12%77.10%75.36%101.85%103.00%94.69%94.28%12.74%605.99%134.56%69.86%116.41%112.01%13.15%126.11%142.88%68.06%
Net Income-2.42M93.38M40.57M10.33M97.15M78.52M59.17M38.09M-16.01M6.20M46.68M57.93M-9.56M82.45M-70.05M84.08M145.86M146.87M
Net Income Margin-28.58%75.14%70.45%45.85%94.28%90.32%81.08%71.54%-682.02%57.67%60.75%68.03%-30.58%67.61%-162.35%32.78%51.69%21.77%
R&D---000000.340.450.310.360.010.390.080.25--
R&D as % of Total Revenue---0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense6.19M2.46M3.83M6.65M7.80M11.03M9.93M12.11M16.31M8.17M56.71M3.54M3.89M44.03M141.78M262.45M279.61M304.53M
Interest Expense % of Total Revenue73.02%1.98%6.64%29.51%7.57%12.68%13.60%22.75%694.76%76.01%73.81%4.15%12.46%36.10%328.59%102.32%99.09%45.15%

Balance Sheet

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets699.98M1.53B2.33B1.97B2.15B2.98B3.95B2.99B2.41B2.99B3.97B4.34B3.41B5.18B14.09B15.32B16.32B19.35B
Total Liabilities458.90M1.23B1.93B1.60B1.65B2.35B3.16B2.25B1.77B2.37B3.38B3.47B2.49B3.85B12.87B13.78B14.73B17.48B
Total Equity241.08M299.79M403.67M370.92M506.36M626.05M782.15M732.05M637.66M600.10M563.83M829.26M921.57M1.32B1.20B1.52B1.57B1.83B
Cash84.35M125.93M56.18M96.90M59.08M183.49M114.14M183.91M123.27M47.23M44.66M72.48M111.65M92.66M221.87M228.93M192.39M201.89M
Total Debt--777.80M896.20M907.05M1.28B1.67B1.17B1.06B1.48B2.00B3.28B2.67B4.16B12.40B13.33B14.20B16.96B
Net Debt-84.35M-125.93M721.62M799.30M847.97M1.05B1.56B990.28M934.39M1.43B1.95B3.20B2.28B3.54B12.18B13.10B-192.39M16.76B

Cash Flow

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-259.75M-215.45M-347.55M-47.45M-51.40M-244.38M-604.16M654.25M69.69M-462.70M-494.18M79.25M119.51M51.29M42.69M-241.86M-430.53M509.04M
Investing Cash Flow---402.22M-110.32M-249.83M-375.12M-636.88M255.22M-294.53M-768.78M-1.20B-1.66B507.27M-2.03B-1.75B174.91M-728.26M-5.47B
Financing Cash Flow259.45M256.91M280.48M74.40M47.74M368.79M534.81M-584.48M-130.33M386.66M491.60M1.61B-587.43M1.95B1.84B75.63M1.14B5.09B
Capital Expenditure0000000000049.76M30.64M172.84M222.00K37.00K00
Free Cash Flow-259.75M-215.45M-347.55M-47.45M-51.40M-244.38M-604.16M654.25M69.69M-462.70M-494.18M129.01M150.15M224.13M42.69M-241.86M-430.53M509.04M
Dividends Paid939.00K30.83M33.91M42.38M47.41M92.07M86.45M83.46M65.15M57.64M50.74M54.31M65.03M85.70M123.06M149.27M163.54M183.63M
FCF to OCF100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%162.79%125.64%436.96%100.00%100.00%100.00%100.00%
Dividend Paid to FCF-0.36%-14.31%-9.76%-89.31%-92.25%-37.67%-14.31%12.76%93.48%-12.46%-10.27%42.10%43.31%38.24%288.30%-61.72%-37.99%36.07%

Earnings

Report DateNov 16, 2010Feb 15, 2011May 9, 2011Aug 8, 2011Nov 7, 2011Feb 13, 2012May 7, 2012Aug 6, 2012Nov 7, 2012Feb 13, 2013May 6, 2013Aug 5, 2013Nov 5, 2013Feb 12, 2014May 7, 2014Aug 6, 2014Nov 5, 2014Feb 11, 2015May 6, 2015Aug 6, 2015Nov 5, 2015Feb 16, 2016May 5, 2016Aug 4, 2016Nov 3, 2016Feb 13, 2017May 4, 2017Aug 3, 2017Nov 6, 2017Feb 13, 2018May 7, 2018Aug 6, 2018Nov 7, 2018Feb 20, 2019May 7, 2019Aug 5, 2019Nov 6, 2019Feb 12, 2020May 7, 2020Aug 6, 2020Nov 5, 2020Feb 18, 2021May 5, 2021Aug 5, 2021Nov 8, 2021Feb 23, 2022May 5, 2022Aug 4, 2022Nov 7, 2022Feb 23, 2023May 8, 2023Aug 7, 2023Nov 7, 2023Feb 26, 2024May 7, 2024Aug 6, 2024Nov 6, 2024Feb 24, 2025May 7, 2025Aug 7, 2025Nov 5, 2025Feb 12, 2026May 5, 2026Aug 6, 2026Nov 4, 2026
EPS Estimate-0.710.760.470.740.710.680.720.800.600.730.720.550.630.670.640.640.380.580.440.470.300.470.360.310.220.400.340.290.280.700.340.330.370.390.420.450.40-0.150.270.480.520.450.460.480.470.440.440.420.450.430.450.430.400.360.350.370.380.390.400.440.450.450.460.47
EPS Actual1.300.810.66-0.08-0.070.101.900.641.591.190.480.510.550.480.540.490.450.560.510.520.510.390.350.250.190.270.340.250.230.190.320.320.350.300.450.460.470.440.460.390.410.370.430.510.460.440.400.410.440.420.450.380.330.270.280.330.400.450.390.470.530.470.780.60-
Surprise-14.08%-13.16%-117.02%-109.46%-85.92%179.41%-11.11%98.75%98.33%-34.25%-29.17%0.00%-23.81%-19.40%-23.44%-29.69%47.37%-12.07%18.18%8.51%30.00%-25.53%-30.56%-38.71%22.73%-15.00%-26.47%-20.69%-32.14%-54.29%-5.88%6.06%-18.92%15.38%9.52%4.44%10.00%406.67%44.44%-14.58%-28.85%-4.44%10.87%-4.17%-6.38%-9.09%-6.82%4.76%-6.67%4.65%-15.56%-23.26%-32.50%-22.22%-5.71%8.11%17.65%0.00%17.50%20.45%5.40%73.33%30.43%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap1.62B
Enterprise Value19.42B
Trailing P/E7.78
Forward P/E9.07
PEG Ratio0.86
Price / Sales3.77
Price / Book0.92
EPS1.59
Book Value13.68
Revenue (TTM)431.35M
Gross Profit (TTM)431.35M
Profit Margin51.50%
Operating Margin55.87%
Return on Equity12.25%
Return on Assets1.19%
Shares Outstanding128.89M
Shares Float125.96M
Beta0.93
Dividend Yield12.61%
Dividend Rate1.56
Payout Ratio21.85%

Analyst Ratings

Buy
Based on 8 analystsTarget 14.86
  • Strong Buy
    2
  • Buy
    4
  • Hold
    2

Ownership Breakdown

Institutions
53.00%
Insiders
2.58%
Retail / Other
44.42%

Top Institutional Holders

  • BlackRock Inc
    19.70M15.29%
  • Vanguard Capital Management, LLC
    5.05M3.92%
  • State Street Corp
    4.61M3.57%
  • Geode Capital Management, LLC
    2.93M2.27%
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
    2.18M1.69%
  • Vanguard Portfolio Management, LLC
    1.99M1.55%
  • Amvescap Plc.
    1.58M1.23%
  • Delphi Financial Group Inc
    1.41M1.09%
  • Van Eck Associates Corporation
    1.36M1.06%
  • Northern Trust Corp
    1.36M1.06%
  • EMG Holdings, L.P.
    1.12M0.87%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    7.64M5.93%
  • Vanguard MStar Total Stk Mkt Idx Invest
    3.79M2.94%
  • iShares Russell 2000 ETF
    3.16M2.45%
  • iShares Mortgage Real Estate Capped ETF
    1.55M1.20%
  • Fidelity Small Cap Index
    1.35M1.04%
  • VanEck Mortgage REIT Income ETF
    1.25M0.97%
  • iShares S&P Small-Cap 600 Growth ETF
    1.19M0.92%
  • State Street SPDR Port S&P 600 Sm CpETF
    1.18M0.91%
  • iShares Russell 2000 Value ETF
    1.16M0.90%

Dividends

202610×
0.13Oct 30, 20260.13Sep 30, 20260.13Aug 31, 20260.13Jul 31, 20260.13Jun 30, 20260.13May 29, 20260.13Apr 30, 20260.13Mar 31, 20260.13Feb 27, 20260.13Jan 30, 2026
202512×
0.13Dec 31, 20250.13Nov 28, 20250.13Oct 31, 20250.13Sep 30, 20250.13Aug 29, 20250.13Jul 31, 20250.13Jun 30, 20250.13May 30, 20250.13Apr 30, 20250.13Mar 31, 20250.13Feb 28, 20250.13Jan 31, 2025
20242×
0.13Dec 31, 20240.13Nov 29, 2024