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Ellington Financial Estimates Book Value Per Share at $13.62
Ellington Financial announced an estimated book value per share of common stock of $13.62 as of August 31. This estimate includes the effect of the previously announced monthly dividend of 13c per share of common stock, to be paid on September 30 to holders of record on August 31, with the same ex-dividend date.
Ellington Financial Plans to Offer $100M in 7.375% Senior Unsecured Notes
Ellington Financial announced that it plans to offer $100M in aggregate principal amount of 7.375% senior unsecured notes due 2030 through certain of its subsidiaries. The New Notes will be offered as additional notes under the indenture, dated as of October 6, 2025, pursuant to which the Issuers previously issued $400 million in aggregate principal amount of 7.375% senior unsecured notes due 2030. The New Notes will be treated as a single class with the Existing Notes for all purposes under the Indenture, and will have identical terms as the Existing Notes. The New Notes will be senior unsecured obligations of the Issuers and will be fully and unconditionally guaranteed by the Company. The Company expects to use the net proceeds from the offering for general corporate purposes, including repaying a portion of the borrowings under the Company's outstanding repurchase agreements and funding purchases of additional assets in accordance with its investment objectives and strategies.
Ellington Financial Reports Estimated Book Value Per Share of $13.63
Ellington Financial announced an estimated book value per share of common stock of $13.63 as of July 31. This estimate includes the effect of the previously announced monthly dividend of 13c per share of common stock, to be paid on August 31 to holders of record on July 31, with the same ex-dividend date.
Ellington Financial Reports 20% Economic Return in Q2
"Ellington Financial delivered another standout quarter, with continued book value growth and adjusted distributable earnings well in excess of our dividends, reflecting the strength and increasing momentum of our platform," said Laurence Penn, Chief Executive Officer and President. "Our second quarter results reflected positive trends that have steadily built over recent quarters. Credit performance remained strong across our loan portfolios, while our stable, flexible funding profile and expanding securitization platform further enhanced our balance sheet. Longbridge once again delivered exceptional performance, demonstrating the advantages of our vertically integrated reverse mortgage platform. Meanwhile, our other loan origination partners delivered solid results, and a growing pipeline of high-yielding, high-quality loans across our sourcing channels continued to provide attractive portfolio investments. Together, these factors drove strong performance throughout the first half of 2026, during which we generated an annualized economic return of 20%, increased book value per share by $0.45, and generated ADE of $1.15, comfortably covering dividends of $0.78. Looking ahead, we believe that our competitive advantages position us to sustain our momentum while generating attractive risk-adjusted returns for our shareholders, consistent with the prudent risk management that has long defined Ellington Financial."
Ellington Financial Reports Estimated Book Value Per Share of $13.61
Ellington Financial announced an estimated book value per share of common stock of $13.61 as of June 30, 2026. This estimate includes the effect of the previously announced monthly dividend of 13c per share of common stock, to be paid on July 31, 2026 to holders of record on June 30, 2026, with the same ex-dividend date.
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