earnings
confidence high
sentiment positive
materiality 0.80
Ellington Financial Q1 net income $95.5M ($0.78/dil.); ADE $0.55/share; book value $13.56
Ellington Financial Inc.
2026-Q1 EPS reported
$0.78
- Net income attributable to common stockholders $95.5M ($0.78/share) vs $14.7M ($0.14) in prior quarter.
- Adjusted distributable earnings $66.5M ($0.55/share) outpaced dividends of $0.39/share.
- Longbridge segment net income $57.5M; originated $515.4M in new loans, up 52% YoY.
- Book value per share $13.56 (+3% net of dividends); annualized economic return 26%.
- Raised common equity and retired highest-cost preferred stock; long-term debt-to-equity 9.0:1.