About
About Ellington Financial Inc.
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.
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5 years, 4 months ago
Ellington Financial Inc is currently in a long term uptrend where the price is trading 12.1% above its 200 day moving average.
From a valuation standpoint, the stock is 150.4% more expensive than other stocks from the Financial Services sector with a price to sales ratio of 22.7.
Ellington Financial Inc's total revenue rose by 323.5% to $54M since the same quarter in the previous year.
Its net income has increased by 620.1% to $65M since the same quarter in the previous year.
Finally, its free cash flow grew by 696.4% to $37M since the same quarter in the previous year.
Based on the above factors, Ellington Financial Inc gets an overall score of 4/5.