Ellington Financial Inc. (EFC) To Go Ex-Dividend on January 30th

Ellington Financial Inc. (NYSE:EFC) declared a monthly dividend on Thursday, January 8th. Investors of record on Friday, January 30th will be paid a dividend of 0.13 per share by the financial services provider on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 11.4%. The ex-dividend date of this dividend is Friday, January 30th.

Ellington Financial has decreased its dividend payment by an average of 0.0%annually over the last three years. Ellington Financial has a dividend payout ratio of 91.2% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Analysts expect Ellington Financial to earn $1.67 per share next year, which means the company should continue to be able to cover its $1.56 annual dividend with an expected future payout ratio of 93.4%.

Ellington Financial Trading Up 0.6%

Shares of EFC stock opened at $13.73 on Friday. The company has a current ratio of 50.60, a quick ratio of 50.60 and a debt-to-equity ratio of 10.64. Ellington Financial has a 12-month low of $11.12 and a 12-month high of $14.40. The stock has a market capitalization of $1.53 billion, a P/E ratio of 10.24 and a beta of 0.95. The firm’s 50 day moving average is $13.69 and its 200 day moving average is $13.46.

Ellington Financial (NYSE:EFC) last released its quarterly earnings results on Wednesday, November 5th. The financial services provider reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.09. The firm had revenue of $242.08 million for the quarter, compared to analysts’ expectations of $121.99 million. Ellington Financial had a return on equity of 14.55% and a net margin of 89.04%. Research analysts expect that Ellington Financial will post 1.38 earnings per share for the current year.

Ellington Financial Company Profile

Ellington Financial, Inc (NYSE: EFC) is a mortgage real estate investment trust (REIT) that focuses on generating attractive risk-adjusted returns through investments in residential and commercial mortgage-related assets. Established in 2013, the company is externally managed by Ellington Financial Management, L.P., a subsidiary of Ellington Management Group, an alternative asset management firm. EFC’s core strategy centers on actively acquiring and managing agency and non-agency residential mortgage-backed securities (MBS), mortgage servicing rights, residential whole loans, and other structured finance instruments, including asset-backed securities and commercial mortgage-backed securities (CMBS).

The company employs leverage and structured financing tools—such as repurchase agreements and secured credit facilities—to enhance portfolio yield while maintaining focus on risk mitigation.