The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

EFC

Concerning the House

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.

United States · www.ellingtonfinancial.com

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Operating income$10.24M-15.1%
Net income$60.90M-3.5%
Cash from ops-$925.46M-47.1%
Quotation

$13.68

+0.06 (+0.4%)

52w hi$13.68
52w lo$10.75
Vol608.23K
As ofAug 13
The Verdict

Hold

Our score +0.04

Short+0.09
Medium-0.01
Long+0.02

computed 2026-08-13

By the Numbers

Ellington Financial Inc.

Real Estate · REIT - Mortgage

Market cap$1.80B
Enterprise value$19.56B
Trailing P/E8.55x
Forward P/E7.02x
EV / EBITDA
P / S (ttm)4.21x
Profit margin52.0%
Return on equity12.2%
Revenue growth+28.0%
Earnings growth-3.3%
Debt / equity928.57
Risk Metrics
Beta vs SPX0.55
Corr SPX0.47
Annual vol19.2%
Annual ret+5.1%
Sharpe0.27
Max DD-21.3%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.24
Sector+0.04
Technical+0.10
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$13.65$13.72$13.62$13.68608.23K
Aug 12$13.65$13.73$13.56$13.62983.00K
Aug 11$13.43$13.70$13.38$13.601.32M
Aug 10$13.59$13.63$13.34$13.471.35M
Aug 7$13.45$13.75$13.37$13.602.23M