Equity Details
Price & Market Data
Price: $13.46
Daily Change: $0.00 / 0.00%
Daily Range: $13.32 - $13.55
Market Cap: $1,690,306,048
Daily Volume: 1,204,161
Performance Metrics
1 Week: 2.82%
1 Month: 6.48%
3 Months: 4.90%
6 Months: 0.97%
1 Year: 3.77%
YTD: -0.74%
About Ellington Financial Inc. (EFC)
Access a quick overview of Ellington Financial Inc. (EFC). Trading at 13.46, the stock recorded a daily change of $0.00 / 0.00%. Its market cap is 1,690,306,048. Discover its performance over 3 months (4.90%) and 6 months (0.97%).
Company Details
Employees: 170
Sector: Finance
Industry: Real estate investment trusts
Country: United States
Details
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.