Ellington Financial Inc.
Ellington Financial Inc. is a real estate investment trust (REIT) that employs a credit-focused investment strategy to manage a diversified portfolio of financial assets. The company specializes in sourcing, originating, and investing in residential and commercial mortgage loans, as well as mortgage-backed securities and consumer-related debt. Its core value proposition lies in leveraging proprietary analytical models and extensive industry relationships to generate attractive risk-adjusted total returns through opportunistic asset acquisition and active risk management.
Financials
Based on Q1 2026 filing
Revenue
View metricNet Income
View metricOperating Cash Flow
View metricFree Cash Flow
View metricEPS (Diluted)
View metricBusiness Segments
Investment Portfolio Segment
primaryFocuses on acquiring and managing a diverse array of mortgage-related, consumer-related, and corporate-related financial assets. This segment utilizes opportunistic strategies to invest in both loans and securities across various credit cycles.
Agency RMBS, Non-Agency RMBS, CMBS, Commercial Mortgage Loans, Consumer Loans, ABS, Corporate CLOs, Residential Transition Loans, Mortgage Servicing Rights (MSRs)
Financial Institutions, Institutional Investors, Commercial Property Owners, Residential Borrowers
Longbridge Segment
majorOperates as a specialized originator and servicer of reverse mortgage loans, including government-insured and proprietary products. This segment manages the full lifecycle of reverse mortgages from origination to securitization and servicing.
Home Equity Conversion Mortgages (HECM), Proprietary Jumbo Reverse Mortgages, Ginnie Mae HECM-backed Securities (HMBS)
Senior Homeowners, Secondary Mortgage Market Investors, Government Agencies
Segment Financials
Investment Portfolio Segment — Servicing expense
View metricInvestment Portfolio Segment — Liabilities
View metricInvestment Portfolio Segment — Interest Income
View metricLongbridge Segment — Servicing expense
View metricLongbridge Segment — Interest Income
View metricLongbridge Segment — Noninterest Income
View metricBusiness Overview
Competitive Position
The company maintains a competitive advantage through its external management by Ellington, providing access to sophisticated proprietary analytical models and a deep network of industry relationships for niche loan sourcing.
Geographies
United States, Europe
Customer Segments
Residential Borrowers, Commercial Borrowers, Institutional Investors
Upstream Dependencies
Capital Markets, Warehouse Financing Providers, Loan Originators, Data Providers
Downstream Customers
Secondary Mortgage Market, Ginnie Mae, Institutional Bond Buyers, Individual Stockholders
Competitors & Partners
Competitors
Rithm Capital
RITM
Competitor in mortgage servicing and opportunistic real estate investments
PennyMac Mortgage Investment Trust
PMT
Mortgage REIT competitor
AGNC Investment Corp.
AGNC
Peer mortgage REIT specializing in Agency RMBS
Annaly Capital Management
NLY
Peer mortgage REIT focused on Agency and non-Agency assets
Similar Companies
Ladder Capital
LADR
Blackstone Mortgage Trust
BXMT
Chimera Investment Corp.
CIM
MFA Financial
MFA
Two Harbors Investment Corporation
TWO
Angel Oak Mortgage
AOMR
Claros Mortgage Trust
CMTG
TPG Mortgage Investment Trust
MITT
Granite Point Mortgage Trust
GPMT
New York Mortgage Trust
ADAM
Starwood Property Trust
STWD
KKR Real Estate Finance Trust
KREF
Lument Finance Trust
LFT
Cherry Hill Mortgage Investment
CHMI
ACRES Commercial Realty
ACR
Arbor Realty Trust
ABR
Partners
Ellington Management Group, L.L.C.
Affiliated investment advisor providing personnel and infrastructure support
Ginnie Mae
Government agency for which the company is an approved issuer of HECM-backed securities
U.S. Department of Housing and Urban Development
Regulatory body for approved mortgagees
Subsidiaries
Longbridge Financial LLC
Wholly-owned subsidiary focused on reverse mortgage origination and servicing
Ellington Financial Operating Partnership LLC
The primary entity through which all operations and business activities are conducted
Arlington Asset Investment Corp.
Acquired through merger to increase capital base and investment portfolio
EF Merger Sub Inc.
Subsidiary used to facilitate the Arlington merger
Ellington Financial Inc. FAQ
Common questions about Ellington Financial Inc.
Ellington Financial Inc. is a real estate investment trust (REIT) that employs a credit-focused investment strategy to manage a diversified portfolio of financial assets. The company specializes in sourcing, originating, and investing in residential and commercial mortgage loans, as well as mortgage-backed securities and consumer-related debt. Its core value proposition lies in leveraging proprietary analytical models and extensive industry relationships to generate attractive risk-adjusted total returns through opportunistic asset acquisition and active risk management.
Ellington Financial Inc. (EFC) has a market capitalization of $1.7B and trades on NYSE.
Ellington Financial Inc. generated $528.1M in trailing twelve-month revenue with net income of $182.6M, representing a net margin of 34.6%, with free cash flow of -$419.0M. These figures are based on the Q1 2026 filing.
Ellington Financial Inc.'s key competitors include Rithm Capital Corp., PennyMac Mortgage Investment Trust, AGNC Investment Corp., and others. These companies compete in similar markets and product categories.
Ellington Financial Inc. has approximately 170 employees.