EFC

Ellington Financial Announces Estimated Book Value Per Common Share as of January 31, 2024

Retrieved on: 
Thursday, March 7, 2024

Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $13.73 as of January 31, 2024.

Key Points: 
  • Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $13.73 as of January 31, 2024.
  • Estimated book value per common share is subject to change upon completion of the Company's month-end and quarter-end valuation procedures relating to its investment positions, and any such change could be material.
  • There can be no assurance that the Company's estimated book value per common share as of January 31, 2024 is indicative of what the Company's results are likely to be for the three-month period ending March 31, 2024 or in future periods, and the Company undertakes no obligation to update or revise its estimated book value per common share prior to issuance of financial statements for such periods.
  • This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Ellington Financial Declares Common and Preferred Dividends

Retrieved on: 
Thursday, March 7, 2024

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Key Points: 
  • This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
  • Examples of forward-looking statements in this press release include statements regarding the Company's payment of dividends.
  • If a change occurs, our business, financial condition, liquidity, results of operations and strategies may vary materially from those expressed or implied in our forward-looking statements.
  • This release and the information contained herein do not constitute an offer of any securities or solicitation of an offer to purchase securities.

Ellington Financial Announces Release Date of Fourth Quarter 2023 Earnings, Conference Call, and Investor Presentation

Retrieved on: 
Thursday, February 15, 2024

Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that it will release financial results for the quarter ended December 31, 2023 after market close on Monday, February 26, 2024.

Key Points: 
  • Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that it will release financial results for the quarter ended December 31, 2023 after market close on Monday, February 26, 2024.
  • The Company will host a conference call to discuss its financial results at 11:00 a.m. Eastern Time on Tuesday, February 27, 2024.
  • To participate in the event by telephone, please dial (800) 225-9448 at least 10 minutes prior to the start time and reference the conference code EFCQ423.
  • In connection with the release of financial results, the Company will post an investor presentation to accompany the conference call on its website at www.ellingtonfinancial.com under "For Our Shareholders—Presentations" after market close on Monday, February 26, 2024.

EFC Research Brief Shows Effectiveness of Student Support Services

Retrieved on: 
Wednesday, February 14, 2024

WASHINGTON, Feb. 14, 2024 /PRNewswire/ -- Education Finance Council (EFC), the national trade association representing nonprofit and state-based higher education finance organizations, announces the release of a new research brief titled, " The Efficacy of Wraparound Support Services on Improving Postsecondary Student Outcomes ."

Key Points: 
  • WASHINGTON, Feb. 14, 2024 /PRNewswire/ -- Education Finance Council (EFC), the national trade association representing nonprofit and state-based higher education finance organizations, announces the release of a new research brief titled, " The Efficacy of Wraparound Support Services on Improving Postsecondary Student Outcomes ."
  • The data included in EFC's research brief demonstrates how wraparound services are frequently the determinant in a student's ability to persist in or complete their educational program," said EFC President Gail daMota.
  • EFC's latest research brief details several factors inhibiting students—particularly first-generation and minority individuals—from enrolling in and finishing postsecondary education.
  • The brief provides examples of wraparound support services and models that have helped students achieve academic, financial, and personal success.

Ellington Financial Declares Monthly Common Dividend

Retrieved on: 
Wednesday, February 7, 2024

Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that its Board of Directors has declared a monthly dividend of $0.15 per share of common stock, payable on March 25, 2024 to stockholders of record as of February 29, 2024.

Key Points: 
  • Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that its Board of Directors has declared a monthly dividend of $0.15 per share of common stock, payable on March 25, 2024 to stockholders of record as of February 29, 2024.
  • This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
  • Forward-looking statements are based on our beliefs, assumptions and expectations of our future operations, business strategies, performance, financial condition, liquidity and prospects, taking into account information currently available to us.
  • If a change occurs, our business, financial condition, liquidity, results of operations and strategies may vary materially from those expressed or implied in our forward-looking statements.

Ellington Financial Announces Estimated Book Value Per Common Share as of December 31, 2023

Retrieved on: 
Wednesday, February 7, 2024

Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $13.83 as of December 31, 2023.

Key Points: 
  • Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $13.83 as of December 31, 2023.
  • Estimated book value per common share is subject to change upon completion of the Company's month-end and quarter-end valuation procedures relating to its investment positions, and any such change could be material.
  • There can be no assurance that the Company's estimated book value per common share as of December 31, 2023 is indicative of what the Company's results are likely to be for the three-month period or year ending December 31, 2023 or in future periods, and the Company undertakes no obligation to update or revise its estimated book value per common share prior to issuance of financial statements for such periods.
  • This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Ellington Financial Inc. Announces the Income Tax Treatment of its 2023 Distributions

Retrieved on: 
Thursday, February 1, 2024

Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that information regarding the federal income tax treatment of the distributions deemed paid in 2023 on the Company's common and preferred stock has been posted to the Company’s website, at the following links.

Key Points: 

Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that information regarding the federal income tax treatment of the distributions deemed paid in 2023 on the Company's common and preferred stock has been posted to the Company’s website, at the following links.

Income Tax Treatment of 2023 Distributions of Arlington Asset Investment Corp. Announced

Retrieved on: 
Thursday, February 1, 2024

Ellington Financial Inc. (NYSE: EFC) (the "Company"), as successor to Arlington Asset Investment Corp. (“AAIC”)1, today announced that information regarding the federal income tax treatment of the distributions deemed paid in 2023 on AAIC’s preferred stock, and the Form 8937 relating to the merger of AAIC into a subsidiary of the Company, have been posted to the Company’s website at the following links.

Key Points: 
  • Ellington Financial Inc. (NYSE: EFC) (the "Company"), as successor to Arlington Asset Investment Corp. (“AAIC”)1, today announced that information regarding the federal income tax treatment of the distributions deemed paid in 2023 on AAIC’s preferred stock, and the Form 8937 relating to the merger of AAIC into a subsidiary of the Company, have been posted to the Company’s website at the following links.
  • Common Stock: During the 2023 tax year, AAIC did not make any distributions to its common stock.

Government of Canada becomes a founding member of the Efficient Fertilizer Consortium

Retrieved on: 
Wednesday, January 31, 2024

OTTAWA, ON, Jan. 31, 2024 /CNW/ - Today, the Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food, announced that the Government of Canada will become a founding member of the Efficient Fertilizer Consortium (EFC).

Key Points: 
  • OTTAWA, ON, Jan. 31, 2024 /CNW/ - Today, the Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food, announced that the Government of Canada will become a founding member of the Efficient Fertilizer Consortium (EFC).
  • This partnership represents a commitment of approximately $1.3 million CAD over four years from the Government of Canada.
  • As a founding member of the Consortium, Canada will influence the strategic direction and research of the EFC.
  • -  The Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food
    "FFAR is thrilled to welcome the Government of Canada as a member of the Efficient Fertilizer Consortium.

Meadow Partners with National College Cost Transparency Initiative to Help Students Make Informed Financial Decisions

Retrieved on: 
Tuesday, January 9, 2024

NEW YORK, Jan. 9, 2024 /PRNewswire-PRWeb/ -- Meadow today announced a partnership to provide colleges and universities across the country with access to a net price calculator that reflects all the applicable standards of the College Cost Transparency Initiative, a national movement developed by leaders in higher education representing college presidents, financial aid offices, and admissions and school counselors.

Key Points: 
  • Cost is one the biggest factors for students and families when deciding where to go to college.
  • The initiative is managed by the National Association of Student Financial Aid Administrators (NASFAA).
  • "In a few months, millions of students will begin finalizing decisions about enrolling in college for next fall.
  • We built our NPC to be student friendly and accurate, helping universities to provide students with the financial transparency they deserve."