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. As a REIT, it 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.
Metrics to compare | EFC_pb | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipEFC_pbPeersSector | |
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P/E Ratio | 9.8x | 6.5x | 9.5x | |
PEG Ratio | 0.09 | 0.04 | 0.03 | |
Price/Book | 0.9x | 0.7x | 1.0x | |
Price / LTM Sales | 3.9x | 4.6x | 2.8x | |
Upside (Analyst Target) | - | 33.3% | 13.1% | |
Fair Value Upside | Unlock | 6.7% | 1.7% | Unlock |