Nov 12
EFC · Ellington Financial Inc.
$11.11
+0.10 (+0.91%)
At close · Nov 13
Return incl. dividend (before tax)
Market Cap
$1.44B
Shares
129.79M
Volume · Nov 13
1.82M
Avg daily vol (3M)
1.59M
You came from your AI assistant. Add Equibles to it and ask about this data directly, free.
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$11.11
Open$11.05
Day$10.84–11.13
52W close$11.01–14.01
Avg vol 30d1.9M
Short int10.4M · 8.0% of shares · 5.8d
Short vol58%
Last earningsNov 5, 2026
DataJan 2020–Nov 2026
Filing10-Q · Nov 6
Up next
Feb 25, 2027
Est · unconfirmed
· in 15 wks
Latest documents
2026
Nov 6
Quarterly report
10-Q
FY2026 Q3, ended Sep 30
Federal Reserve raises target range to 3.75%–4.00%
The Federal Reserve raised its target range to 3.75%–4.00% at its September meeting, its first interest rate hike since 2023. Ellington Financial Inc. has two reportable segments focused on financial assets and reverse mortgage loans.
Net income $40.38M
▲ 36.9%
Diluted EPS $0.31
▲ 6.9%
Nov 5
Current report
8-K
Board declares $0.13 monthly common stock dividend
Ellington Financial Inc. declared a monthly dividend of $0.13 per common share, payable December 31, 2026 to stockholders of record November 30, 2026.
Nov 5
Earnings call
Strong earnings and resilient book value despite rate volatility
Ellington Financial reported Q3 gap net income of $0.31 per share, adjusted distributable earnings of $0.45 per share and a 9.4% annualized economic return, ending with book value per share of $13.53. Fourth-quarter ADE outlook is approximately $0.45 per share.
Nov 4
Current report
8-K
Financial results, Regulation FD disclosure
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$490.36M
Trailing 12 months
Net income (TTM)
$189.09M
Trailing 12 months
Revenue growth YoY
+42.3%
Year over year
Operating margin
—
Trailing 12 months
P / E (TTM)
6.9
Trailing earnings · reciprocal yield 14.6%
FCF yield
—
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
14.0%
Trailing 12 months
Shares change YoY
+20.9%
Year over year · more shares
Price change (1Y)
-18.5%
Trailing year
Short interest
8.0%
Latest settlement · 5.8 days to cover
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q3 FY26 earnings call · Nov 5, 2026
Q3 FY26
TL;DR. EFC delivered a 9.4% annualized economic return, ADE above its dividend, a wider investment-portfolio net interest margin, improving credit metrics and portfolio growth. Longbridge earnings declined on narrower margins, while higher rates, a reverse-tranche markdown and higher funding costs presented risks.
Bullish
- + EFC generated a 9.4% annualized economic return, with ADE of $0.45 per share exceeding its $0.39 dividend.
- + Investment-portfolio net interest margin increased to 3.55% from 3.36%.
- + Credit performance strengthened, with delinquencies declining, realized losses remaining low and the 90-day-plus rate improving.
- + The adjusted long investment portfolio grew 4.5% sequentially to $4.70 billion.
- + Strong institutional demand enabled EFC to upsize its unsecured-note offering by 50% and price it approximately 70 basis points tighter than its prior-year issuance.
- + Longbridge origination volume rose 36% year over year.
Bearish
- − Longbridge ADE fell to $0.07 per share from $0.23 in the second quarter because of narrower origination margins and reduced proprietary reverse securitization gains.
- − Longbridge recorded a net unrealized loss on retained proprietary reverse securitization tranches due to revised home-price projections.
- − Higher interest rates were an explicit headwind to commercial and residential real-estate values, and CMBS was a modest headwind this quarter.
- − The weighted average borrowing rate on recourse borrowings increased to 5.78% from 5.5%.
- − Higher interest rates generated losses on fixed receiver interest-rate swaps that exceeded net gains on unsecured notes.
- − Book value per share ended the quarter down 0.6% after $0.39 per share of dividends.
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Strong Sell
Momentum
Very Weak
Sentiment
Bullish
Fundamentals
Fair
Quant / Vol
Low
Market backdrop
VIX 19.3 · elevated
Equity put/call 0.63
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−13%
below
Price vs 50-day avg
−7%
below
RSI (14)
39
neutral
MACD trend
Negative
52-week position
3%
near low
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
−5%
trailing
6-month return
−18%
trailing
YTD return
−18%
this year
Relative strength
−19%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $12 › 200d $13 — 200d above 50d
Institutional flow
Accumulating
215 of 251 funds reported for Sep 30 · net +1.7M sh shares · +21 new
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
8.01% of shares out · ▼ -6.5% MoM · 5.8 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
251 holders — near 3-yr high, broad support
Squeeze score
57
elevated · 0–100
Fundamentals
EPS growth
−13%
Y/Y
Buyback
$41.4M
remaining
Quant / Vol
risk profile
Volatility
19%
annualized · 1-yr
Max drawdown
−21%
past year
ATR
2.6%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the Earnings Call filed Aug 7, 2026
For now
$0.13 monthly dividend
$0.13
for now
Dividend
$0
Previous outlook
earlier release
· from the Earnings Call filed May 6, 2026
Still-open targets the latest release did not restate under the same label.
ADE per share
· quarterly guidance
$0.45
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−13%
Bearish
Price vs 50-day avg
−7%
Bearish
RSI (14)
39
Neutral
MACD trend
Negative
Bearish
52-week position
3%
Bearish
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross)
No cross
50d $12 › 200d $13 — 200d above 50d
Institutional flow
Accumulating
215 of 251 funds reported for Sep 30 · net +1.7M sh shares · +21 new
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
8.01% of shares out · ▼ -6.5% MoM · 5.8 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
251 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $11
Now $11 · 3%
Range high $14
vs 200-day avg -13%
vs 50-day avg -7%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted Distributable Earnings non-GAAP | $75.5M | Q2 2026 | — |
| Adjusted Distributable Earnings Attributable to Common Stockholders non-GAAP | 75.55M | Three-Month Period Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Total Adjusted Distributable Earnings 81.21M
-4.21M Dividends on preferred stock
-1.46M Adjusted Distributable Earnings attributable to non-controlling interests
= Adjusted Distributable Earnings Attributable to Common Stockholders 75.55M
|
|||
| Book value per common share | $13.61 | June 30, 2026 | — |
| Debt-to-equity ratio | 9.2 | June 30, 2026 | — |
| Longbridge originated loans | $589.7M | Q2 2026 | — |
| Longbridge's HMBS market share | 29% | Q2 2026 | — |
| Net interest margin | 3.36% | Q2 2026 | — |
| Net Longbridge portfolio | $649.3M | June 30, 2026 | — |
| Non-recourse borrowings Debt-to-Equity Ratio | 7.3 | as of June 30, 2026 | — |
| Overall Debt-to-Equity Ratio, excluding borrowings collateralized by U.S. Treasury securities an | 9.2 | as of June 30, 2026 | — |
| Recourse borrowings Debt-to-Equity Ratio | 2 | as of June 30, 2026 | — |
| Recourse debt-to-equity ratio | 1.9 | June 30, 2026 | — |
| Recourse Debt-to-Equity Ratio, excluding borrowings collateralized by U.S. Treasury securities a | 1.9 | as of June 30, 2026 | — |
| Total Adjusted Distributable Earnings non-GAAP | 81.21M | Three-Month Period Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net income (loss) before income tax expense (benefit) 58.09M
+24.33M Realized (gains) losses, net
+11M Unrealized (gains) losses, net
-1.97M Unrealized (gains) losses on reverse MSRs, net of hedging (gains) losses
+920K Incentive fee to affiliate
-207K Negative (positive) component of interest income represented by Catch-up Amortization Adjustment
-15.23M Adjustment related to consolidated proprietary reverse mortgage loan securitizations
+2.64M Non-capitalized transaction costs and other expense adjustments
+0K Litigation settlement income
-10.98M (Earnings) losses from investments in unconsolidated entities
+12.62M Adjusted distributable earnings from investments in unconsolidated entities
= Total Adjusted Distributable Earnings 81.21M
|
|||
| Total adjusted long portfolio | 4.5B | June 30, 2026 | — |
| Total Borrowings Debt-to-Equity Ratio | 9.2 | as of June 30, 2026 | — |
| Total HECM loans New Loan Origination Volume | 273.5M | Three-Month Period Ended June 30, 2026 | — |
| Total HECM loans Units | 1,982 | Three-Month Period Ended June 30, 2026 | — |
| Total New Loan Origination Volume | 589.65M | Three-Month Period Ended June 30, 2026 | — |
| Total proprietary reverse mortgage loans New Loan Origination Volume | 316.16M | Three-Month Period Ended June 30, 2026 | — |
| Total proprietary reverse mortgage loans Units | 673 | Three-Month Period Ended June 30, 2026 | — |
| Total unencumbered assets | 1.86B | June 30, 2026 | — |
| Total Units | 2,655 | Three-Month Period Ended June 30, 2026 | — |
| Weighted average remaining term of repo borrowings | 9.3 | June 30, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
REIT - Mortgage — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
EFC
this stock
Ellington Financial Inc.
|
$1.44B | -18.2% | — | — | 8.0% |
|
NLY
Annaly Capital Management Inc
|
$13.91B | -21.1% | — | 12.4 | 3.4% |
|
AGNC
AGNC Investment Corp.
|
$10.48B | -23.2% | — | — | 11.8% |
|
RITM
Rithm Capital Corp.
|
$5.01B | -17.7% | -6.7% | 14.2 | 5.8% |
|
STWD
Starwood Property Trust, Inc.
|
$4.13B | -37.0% | -5.3% | — | 5.5% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| EFC | -1.3% | -4.6% | -18.3% | -2.6% | -18.2% |
| SPY | +2.6% | -1.2% | +0.5% | -0.2% | +10.6% |
| vs SPY | -3.9% | -3.5% | -18.8% | -2.5% | -28.8% |
Capital returns
Latest dividend
$0.13
/ share · ex Oct 30, 2026
Declared · upcoming
$0.13
/ share · ex Nov 30, 2026
Paid (TTM)
$1.56
/ share · 12 payouts
Dividend yield (TTM, derived)
14.04%
Buyback program
· as of Nov 6, 2026
Authorized
$45.10M
Spent (derived)
$3.70M
Remaining
$41.40M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
1411342
CUSIP
28852N109
13F (30d)
196 filings
181 filers
Visit website
Investor relations