MetaCap

Ellington Financial Inc. Company Profile

NYSE: EFCReal EstateREIT - MortgageUSD

11.59-0.08 (-0.69%)

At close: Oct 7, 4:00 PM ET · Delayed 15 min

Ellington Financial at a glance

Ellington Financial Inc. (NYSE: EFC) is a REIT - Mortgage company in the Real Estate sector headquartered in Old Greenwich, CT. Ellington Financial is led by Mr. Laurence Eric Penn and employs about 500 people. The company's shares have traded publicly since 2010.

At a market capitalization of $1.50 billion, it is considered a small-cap company. Its SEC Central Index Key (CIK) is 0001411342, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does Ellington Financial do?

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.

Business description based on the company's public filings.

Company information

Legal name
Ellington Financial Inc.
Ticker
NYSE: EFC
Industry
REIT - Mortgage
CEO
Mr. Laurence Eric Penn
Employees
500
Headquarters
53 Forest Avenue, Old Greenwich, CT, United States
Phone
203 409 3575
IPO year
2010
SEC CIK
0001411342

Companies similar to Ellington Financial

EFC peer companies
CompanyPrice% ChgMarket capCompare
LADRLadder Capital Corp Class A8.67-0.12%$1.10Bvs EFC
ORCOrchid Island Capital Inc.5.00-1.38%$987.04Mvs EFC
ARIApollo Commercial Real Estate Finance Inc6.23-0.32%$800.83Mvs EFC
CIMChimera Investment Corporation8.96-2.61%$749.47Mvs EFC
MFAMFA Financial Inc.7.15-1.79%$722.78Mvs EFC
ADAMAdamas Trust Inc.7.49-2.98%$673.20Mvs EFC
ABRArbor Realty Trust3.25-6.88%$658.87Mvs EFC
IVRINVESCO MORTGAGE CAPITAL INC5.62-1.75%$612.58Mvs EFC

Related