
Ellington Financial Inc. (NYSE:EFC) (&#34;we&#34;) today announced an estimated book value per share of common stock of $13.47 as of February 28, 2026. This estimate includes the effect of the previously announced

<p xmlns="http://www.w3.org/1999/xhtml">
Ellington Financial Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/EFC">EFC</a>) (&#34;we&#34;) today announced an estimated book value per share of common stock of $13.47 as of February 28, 2026. This estimate includes the effect of the previously announced monthly dividend of $0.13 per share of common stock, to be paid on March 31, 2026 to holders of record on February 27, 2026, with the same ex-dividend date.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">Cautionary Statement Regarding Forward-Looking Statements</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">Estimated book value per common share is subject to change upon completion of our month-end and quarter-end valuation procedures relating to our investment positions, and any such change could be material. There can be no assurance that our estimated book value per common share as of February 28, 2026 is indicative of what our results are likely to be for the three-month period ending March 31, 2026 or in future periods, and we undertake no obligation to update or revise our estimated book value per common share prior to issuance of financial statements for such periods.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">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 involve numerous risks and uncertainties. Our actual results may differ from our beliefs, expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements are not historical in nature and can be identified by words such as &#34;believe,&#34; &#34;expect,&#34; &#34;anticipate,&#34; &#34;estimate,&#34; &#34;project,&#34; &#34;plan,&#34; &#34;continue,&#34; &#34;intend,&#34; &#34;should,&#34; &#34;would,&#34; &#34;could,&#34; &#34;goal,&#34; &#34;objective,&#34; &#34;will,&#34; &#34;may,&#34; &#34;seek&#34; or similar expressions or their negative forms, or by references to strategy, plans, or intentions. 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. These beliefs, assumptions, and expectations are subject to risks and uncertainties and can change as a result of many possible events or factors, not all of which are known 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. The following factors are examples of those that could cause actual results to vary from our forward-looking statements: changes in interest rates and the market value of our investments, market volatility, changes in mortgage default rates and prepayment rates, our ability to borrow to finance our assets, changes in government regulations affecting our business, our ability to maintain our exclusion from registration under the Investment Company Act of 1940, our ability to maintain our qualification as a real estate investment trust, or &#34;REIT,&#34; and other changes in market conditions and economic trends, such as changes to fiscal or monetary policy, heightened inflation, slower growth or recession, and currency fluctuations. Furthermore, forward-looking statements are subject to risks and uncertainties, including, among other things, those described under Item 1A of our Annual Report on Form 10-K, which can be accessed through our website at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ellingtonfinancial.com&amp;esheet=54462584&amp;newsitemid=20260324818421&amp;lan=en-US&amp;anchor=www.ellingtonfinancial.com&amp;index=1&amp;md5=6bf51a326073d4c06a5587fb32e5ca6c" shape="rect">www.ellingtonfinancial.com</a> or at the SEC&#39;s website (<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54462584&amp;newsitemid=20260324818421&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=2&amp;md5=bf83811b8c6e0fff9a3bae5f42db04b0" shape="rect">www.sec.gov</a>). Other risks, uncertainties, and factors that could cause actual results to differ materially from those projected or implied may be described from time to time in reports we file with the SEC, including reports on Forms 10-Q, 10-K and 8-K. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">This release and the information contained herein do not constitute an offer of any securities or solicitation of an offer to purchase securities.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Ellington Financial</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Ellington Financial invests in a diverse array of financial assets, including residential and commercial mortgage loans and mortgage-backed securities, reverse mortgage loans, mortgage servicing rights and related investments, consumer loans, asset-backed securities, collateralized loan obligations, non-mortgage and mortgage-related derivatives, debt and equity investments in loan origination companies, and other strategic investments. Ellington Financial is externally managed and advised by Ellington Financial Management LLC, an affiliate of Ellington Management Group, L.L.C.

</p><p xmlns="http://www.w3.org/1999/xhtml">
For additional information, visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ellingtonfinancial.com&amp;esheet=54462584&amp;newsitemid=20260324818421&amp;lan=en-US&amp;anchor=www.ellingtonfinancial.com&amp;index=3&amp;md5=556e74f530c0a8ef784e6f9c70d74e21" shape="rect">www.ellingtonfinancial.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260324818421r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260324818421/en/" rel="nofollow">https://www.businesswire.com/news/home/20260324818421/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Investors:
<br xmlns="http://www.w3.org/1999/xhtml"></br>Ellington Financial
<br xmlns="http://www.w3.org/1999/xhtml"></br>Investor Relations
<br xmlns="http://www.w3.org/1999/xhtml"></br>(203) 409-3575
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:info@ellingtonfinancial.com" shape="rect">info@ellingtonfinancial.com 
</a><br xmlns="http://www.w3.org/1999/xhtml"></br>
<br xmlns="http://www.w3.org/1999/xhtml"></br>or
<br xmlns="http://www.w3.org/1999/xhtml"></br>
<br xmlns="http://www.w3.org/1999/xhtml"></br>Media:
<br xmlns="http://www.w3.org/1999/xhtml"></br>Amanda Shpiner/Grace Cartwright
<br xmlns="http://www.w3.org/1999/xhtml"></br>Gasthalter &amp; Co.
<br xmlns="http://www.w3.org/1999/xhtml"></br>for Ellington Financial
<br xmlns="http://www.w3.org/1999/xhtml"></br>(212) 257-4170
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:ellington@gasthalter.com" shape="rect">ellington@gasthalter.com</a>

</p>

Ellington Financial Announces Estimated Book Value Per Common Share as of February 28, 2026

Ellington Financial Provides Update on Book Value and Upcoming Dividend

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Ellington Financial Inc. (NYSE:EFC) (&amp;#34;we&amp;#34;) today announced an estimated book value per share of common stock of $13.47 as of February 28, 2026. This estimate includes the effect of the previously announced</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Ellington Financial has announced an estimated book value of $13.47 per share as of February 2026, along with a monthly dividend of $0.13 expected to be paid on March 31. Changes in market conditions and interest rates could significantly impact this valuation, warranting caution among investors.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>EFC estimates its book value per share at $13.47 as of February 2026.</li><li>The monthly dividend of $0.13 per share will be paid on March 31, 2026.</li><li>Future book value may change based on month-end valuation procedures.</li><li>EFC&#039;s financial health may be influenced by interest rates and market conditions.</li><li>Forward-looking statements are subject to various economic uncertainties.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Ellington Financial Inc. (EFC)</strong>: EFC is focused on financial assets like mortgage loans and securities.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news pertains to &#039;Corporate Developments,&#039; specifically regarding quarterly book value assessments and dividend announcements crucial for investor evaluations. The clarity on EFC&#039;s financial benchmarks is essential for understanding future stock performance.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Estimated book value could fluctuate due to economic conditions affecting EFC.</li><li>The dividend announcement may attract income-focused investors amid market volatility.</li><li>Future financial performance is highly contingent on macroeconomic factors like interest rates.</li><li>Investors might react to any variations in valuation leading up to the dividend payout.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Estimated book value per share: $13.47 as of February 28, 2026.</li><li>Monthly dividend: $0.13 per share, payable on March 31, 2026.</li><li>Holders of record: February 27, 2026, with the same ex-dividend date.</li><li>Risks include interest rates and mortgage market fluctuations.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Consider EFC as a hold; potential increased volatility around upcoming dividends.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
Ellington Financial Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/EFC">EFC</a>) (&#34;we&#34;) today announced an estimated book value per share of common stock of $13.47 as of February 28, 2026. This estimate includes the effect of the previously announced monthly dividend of $0.13 per share of common stock, to be paid on March 31, 2026 to holders of record on February 27, 2026, with the same ex-dividend date.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">Cautionary Statement Regarding Forward-Looking Statements</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">Estimated book value per common share is subject to change upon completion of our month-end and quarter-end valuation procedures relating to our investment positions, and any such change could be material. There can be no assurance that our estimated book value per common share as of February 28, 2026 is indicative of what our results are likely to be for the three-month period ending March 31, 2026 or in future periods, and we undertake no obligation to update or revise our estimated book value per common share prior to issuance of financial statements for such periods.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">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 involve numerous risks and uncertainties. Our actual results may differ from our beliefs, expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements are not historical in nature and can be identified by words such as &#34;believe,&#34; &#34;expect,&#34; &#34;anticipate,&#34; &#34;estimate,&#34; &#34;project,&#34; &#34;plan,&#34; &#34;continue,&#34; &#34;intend,&#34; &#34;should,&#34; &#34;would,&#34; &#34;could,&#34; &#34;goal,&#34; &#34;objective,&#34; &#34;will,&#34; &#34;may,&#34; &#34;seek&#34; or similar expressions or their negative forms, or by references to strategy, plans, or intentions. 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. These beliefs, assumptions, and expectations are subject to risks and uncertainties and can change as a result of many possible events or factors, not all of which are known 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. The following factors are examples of those that could cause actual results to vary from our forward-looking statements: changes in interest rates and the market value of our investments, market volatility, changes in mortgage default rates and prepayment rates, our ability to borrow to finance our assets, changes in government regulations affecting our business, our ability to maintain our exclusion from registration under the Investment Company Act of 1940, our ability to maintain our qualification as a real estate investment trust, or &#34;REIT,&#34; and other changes in market conditions and economic trends, such as changes to fiscal or monetary policy, heightened inflation, slower growth or recession, and currency fluctuations. Furthermore, forward-looking statements are subject to risks and uncertainties, including, among other things, those described under Item 1A of our Annual Report on Form 10-K, which can be accessed through our website at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ellingtonfinancial.com&amp;esheet=54462584&amp;newsitemid=20260324818421&amp;lan=en-US&amp;anchor=www.ellingtonfinancial.com&amp;index=1&amp;md5=6bf51a326073d4c06a5587fb32e5ca6c" shape="rect">www.ellingtonfinancial.com</a> or at the SEC&#39;s website (<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54462584&amp;newsitemid=20260324818421&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=2&amp;md5=bf83811b8c6e0fff9a3bae5f42db04b0" shape="rect">www.sec.gov</a>). Other risks, uncertainties, and factors that could cause actual results to differ materially from those projected or implied may be described from time to time in reports we file with the SEC, including reports on Forms 10-Q, 10-K and 8-K. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">This release and the information contained herein do not constitute an offer of any securities or solicitation of an offer to purchase securities.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Ellington Financial</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Ellington Financial invests in a diverse array of financial assets, including residential and commercial mortgage loans and mortgage-backed securities, reverse mortgage loans, mortgage servicing rights and related investments, consumer loans, asset-backed securities, collateralized loan obligations, non-mortgage and mortgage-related derivatives, debt and equity investments in loan origination companies, and other strategic investments. Ellington Financial is externally managed and advised by Ellington Financial Management LLC, an affiliate of Ellington Management Group, L.L.C.

</p><p xmlns="http://www.w3.org/1999/xhtml">
For additional information, visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ellingtonfinancial.com&amp;esheet=54462584&amp;newsitemid=20260324818421&amp;lan=en-US&amp;anchor=www.ellingtonfinancial.com&amp;index=3&amp;md5=556e74f530c0a8ef784e6f9c70d74e21" shape="rect">www.ellingtonfinancial.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260324818421r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260324818421/en/" rel="nofollow">https://www.businesswire.com/news/home/20260324818421/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Investors:
<br xmlns="http://www.w3.org/1999/xhtml"></br>Ellington Financial
<br xmlns="http://www.w3.org/1999/xhtml"></br>Investor Relations
<br xmlns="http://www.w3.org/1999/xhtml"></br>(203) 409-3575
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:info@ellingtonfinancial.com" shape="rect">info@ellingtonfinancial.com 
</a><br xmlns="http://www.w3.org/1999/xhtml"></br>
<br xmlns="http://www.w3.org/1999/xhtml"></br>or
<br xmlns="http://www.w3.org/1999/xhtml"></br>
<br xmlns="http://www.w3.org/1999/xhtml"></br>Media:
<br xmlns="http://www.w3.org/1999/xhtml"></br>Amanda Shpiner/Grace Cartwright
<br xmlns="http://www.w3.org/1999/xhtml"></br>Gasthalter &amp; Co.
<br xmlns="http://www.w3.org/1999/xhtml"></br>for Ellington Financial
<br xmlns="http://www.w3.org/1999/xhtml"></br>(212) 257-4170
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:ellington@gasthalter.com" shape="rect">ellington@gasthalter.com</a>

</p>

Ellington Financial has announced an estimated book value of $13.47 per share as of February 2026, along with a monthly dividend of $0.13 expected to be paid on March 31. Changes in market conditions and interest rates could significantly impact this valuation, warranting caution among investors.

Ellington Financial Announces Estimated Book Value Per Common Share as of February 28, 2026

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News