Ellington Financial Inc. (EFC.PRC)
NYSE: EFC.PRC · Real-Time Price · USD · Preferred Stock
24.85
+0.17 (0.67%)
At close: Apr 23, 2025

Company Description

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.

Ellington Financial Inc.
Country United States
Founded 2007
Employees 400
CEO Laurence Penn

Contact Details

Address:
53 Forest Avenue
Old Greenwich, Connecticut 06870
United States
Phone 203 409 3575
Website ellingtonfinancial.com

Stock Details

Ticker Symbol EFC.PRC
Exchange NYSE
Stock Type Preferred Stock
Fiscal Year January - December
Reporting Currency USD

Key Executives

Name Position
Laurence Penn Chief Executive Officer
J. Herlihy Chief Financial Officer
J. Herlihy Head of Investor Relations