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Ellington Financial LLC is a financial services company operating in the structured investments and mortgage credit subsector, with its shares traded on the New York Stock Exchange. Its founding is associated with executives and portfolio managers affiliated with Ellington Management Group, notably professionals with extensive experience in fixed income markets, structured credit, and asset management.
The company was formed in a private setting, without direct government involvement. Its initial rationale was tied to the creation of an investment platform focused on the acquisition, active management, and financing of mortgage-related assets and other fixed income instruments, supported by the intensive use of quantitative models and risk analytics.
Core activities consist of managing a diversified portfolio of financial assets, including residential and commercial mortgage-backed securities, mortgage loans, corporate credit assets, asset-backed securities, and derivative instruments used for hedging and risk management purposes.
The operating market is predominantly national, with activities concentrated in the United States. Investments are exposed to multiple regions across the country through the underlying assets, encompassing residential and commercial real estate markets in various states.
Key market factors include interest rate dynamics, Federal Reserve monetary policy, conditions in the U.S. housing market, credit spreads, fixed income market liquidity, competition with other real estate investment trusts and credit managers, and regulatory requirements applicable to the financial sector.
Operational scale is defined by a portfolio comprising billions of dollars in assets under management, financed through capital structures that combine equity and debt instruments. Operations involve both institutional and individual investors via the public equity markets, without direct engagement in traditional retail financial services.
The operating structure is based on an external management model, under which asset analysis, selection, risk management, and strategic decisions are carried out by Ellington Management Group. Corporate administration, internal controls, compliance, and financial reporting adhere to U.S. regulatory standards.
The primary trading ticker is EFC, listed on the New York Stock Exchange, representing Ellington Financial LLC’s common shares in the U.S. equity market.
History and foundation
The company was founded in 2007 in the United States, with the establishment of Ellington Financial LLC in the state of Connecticut, during a period marked by significant shifts in credit markets and increasing sophistication of structured financial instruments.In its early years of operation, key challenges included heightened financial market volatility, particularly during the global housing and financial crisis, as well as the need to structure a resilient portfolio amid elevated uncertainty. Early achievements included the consolidation of the active management model and the development of a diversified asset base.
Expansion and growth were driven by a broader investment mandate, the inclusion of additional credit segments, greater diversification of funding sources, and strategic adjustments in capital allocation in response to macroeconomic and market conditions.
Historical milestones include the completion of the initial public offering (IPO) in 2010, with the listing of its shares on the New York Stock Exchange, as well as subsequent internal restructurings aimed at adapting to market cycles, regulatory changes, and emerging opportunities within the structured credit sector.
Between 2020 and 2024, notable developments included the management of volatility related to the pandemic, pronounced interest rate fluctuations, portfolio adjustments in response to restrictive monetary policy, the maintenance of hedging strategies, variations in share price performance, and operational adaptations to global macroeconomic and financial conditions.
Additional Information
The Company Ellington Financial LLC (United States), is listed on Nasdaq with a market value of $ 1.40 Billion, having an equity of $ 1.80 Billion.
The Company is listedthe in the sector of Others and categorized in industry of Others.
In the last 12 months the Company had a revenue of $ 301.21 Millions, which generated a profit in the amount of $ 155.33 Millions.
As for its main indicators, the Company has a P/E ratio of 9.01, a P/BV ratio of 0.78 and in the last 12 months the dividend yield of EFC was at 11.37%.
The Company is traded internationally through the ticker EFC.
