Ellington Financial Inc. (EFC)
Ellington Financial Inc. operates in the REIT - Mortgage industry of the Real Estate sector, headquartered in Old Greenwich, CT, US. The stock last traded at $12.36, down 0.12% on the session, giving a market capitalisation of $1.55B. On trailing twelve-month figures it carries a trailing P/E of 7.54, a net margin of 33.0%. Its beta of 0.93 implies it has historically moved less than the broad market.
Ellington Financial Inc., operating through its subsidiary, Ellington Financial Operating Partnership LLC, is an investment company primarily focused on acquiring and actively managing a broad range of financial assets within the United States. Its extensive portfolio encompasses various mortgage-related instruments, including residential mortgage-backed securities (RMBS) — both those guaranteed by U.S. government agencies and those backed by non-agency residential loans like prime jumbo, Alt-A, manufactured housing, and subprime mortgages — as well as direct residential and commercial mortgage loans and other commercial real estate debt. The company also invests in consumer loans and asset-backed securities underpinned by consumer and commercial assets. Beyond real estate and consumer finance, Ellington Financial holds corporate debt and equity securities, corporate loans, and collateralized loan obligations. Additionally, it engages with mortgage-related and non-mortgage-related derivatives and pursues other strategic investment opportunities. Founded in 2007, the company's headquarters are located in Old Greenwich, Connecticut.
Ellington Financial Inc. is most often compared with the following Real Estate names: