earnings
confidence high
sentiment positive
materiality 0.75
Ellington Financial Q1 net income $0.35/shr, adj distributable earnings $0.39/shr
Ellington Financial Inc.
2025-Q1 EPS reported
$0.35
- Net income attributable to common stockholders $31.6M ($0.35/shr) vs $22.4M ($0.25/shr) in Q4 2024.
- Adjusted distributable earnings $35.5M ($0.39/shr); book value per share $13.44.
- Monthly dividend of $0.13/shr declared May 7, 2025 (unchanged); dividend yield 12.2%.
- Credit strategy generated $0.58/shr net income; Agency $0.05; Longbridge ($0.01).
- Recourse debt-to-equity ratio improved to 1.7:1 from 1.8:1; five securitizations priced in Q1.