Core Viewpoint - Ellington Financial Inc. has announced the federal income tax treatment information for distributions deemed paid in 2025 on its common and preferred stock, which is now available on the company's website [1]. Group 1: Tax Treatment Information - The company has posted information regarding the federal income tax treatment of distributions for its common and preferred stock on its website [1]. Group 2: Company Overview - Ellington Financial invests in a diverse array of financial assets, including residential and commercial mortgage loans, mortgage-backed securities, reverse mortgage loans, mortgage servicing rights, consumer loans, asset-backed securities, collateralized loan obligations, and various derivatives [2]. - The company is externally managed and advised by Ellington Financial Management LLC, which is an affiliate of Ellington Management Group, L.L.C. [2].

Core Insights - The article provides a market analysis focusing on several real estate investment trusts (REITs) and financial companies, highlighting their performance and potential investment opportunities [1] Group 1: Company Analysis - SL Green Realty Corp is noted for its strong position in the New York City real estate market, with a focus on office properties [1] - Realty Income Corp is recognized for its monthly dividend payments and a diversified portfolio of commercial properties, appealing to income-focused investors [1] - Ellington Financial LLC is highlighted for its investment strategy in mortgage-related assets, which may offer unique opportunities in the current interest rate environment [1] - Apple Hospitality REIT Inc. is discussed in the context of its hotel properties, with emphasis on recovery trends in the hospitality sector post-pandemic [1] Group 2: Industry Trends - The real estate sector is experiencing shifts due to changing economic conditions, including interest rate fluctuations and evolving consumer preferences [1] - There is a growing interest in REITs as a hedge against inflation, with many investors seeking stable income streams amid market volatility [1] - The hospitality industry is showing signs of recovery, driven by increased travel demand and occupancy rates, which may benefit companies like Apple Hospitality REIT Inc. [1]

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that its Board of Directors has authorized the redemption of all 4,600,000 outstanding shares of its Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") (NYSE: EFC PR A). The anticipated redemption date is February 27, 2026 (the "Redemption Date†). The Series A Preferred Stock will be redeemed at a price equal to the liquidation preference of $25.00 ...

Core Viewpoint - Ellington Financial Inc. has announced a public offering of 8,775,000 shares of common stock, expecting gross proceeds of $118.5 million before fees and expenses, with an option for underwriters to purchase an additional 1,316,250 shares [1][2]. Group 1: Offering Details - The offering is expected to close on January 28, 2026, and is subject to customary closing conditions [1]. - Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC are acting as joint book-running managers for the offering [1]. - The shares will be issued under the existing shelf registration statement effective since December 23, 2025 [2]. Group 2: Use of Proceeds - The net proceeds from the offering will primarily be used to redeem all outstanding shares of the Company's Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, which currently accrues dividends at a floating rate [2]. - Any remaining net proceeds may be utilized for general corporate purposes, including acquiring targeted assets in line with the Company's investment objectives [2]. Group 3: Company Overview - Ellington Financial invests in a diverse range of financial assets, including residential and commercial mortgage loans, mortgage-backed securities, consumer loans, and other strategic investments [4].

Core Viewpoint - Ellington Financial Inc. has initiated an underwritten public offering of 8,775,000 shares of common stock, with an option for underwriters to purchase an additional 1,316,250 shares [1][2]. Group 1: Offering Details - The net proceeds from the offering are expected to be used to redeem all outstanding shares of the Company's Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, which currently has a floating dividend rate based on the 3-month Secured Overnight Financing Rate plus 5.458% [2]. - The offering will be conducted under the Company's existing shelf registration statement on Form S-3, effective since December 23, 2025 [2]. Group 2: Company Overview - Ellington Financial invests in a diverse range of financial assets, including residential and commercial mortgage loans, mortgage-backed securities, consumer loans, and various strategic investments [4].

Core Insights - Element Solutions Inc. (ESI) has completed the acquisition of EFC Gases & Advanced Materials, enhancing its offerings in specialty and rare gases and advanced materials [2] - EFC will operate as a standalone business unit within the newly renamed "Specialties Segment," which is expected to drive growth in semiconductor manufacturing, electrical transmission infrastructure, and space applications [2][6] - The new segment is focused on niche, high-value markets with an emphasis on value-added technical service, supporting long-term revenue streams and pricing resilience [3] Financial Expectations - ESI anticipates mid-single-digit growth from the new segment, with adjusted EBITDA margins exceeding 20% and a durable cash flow profile [4][6] - The acquisition aligns with ESI's strategy to enhance overall business quality and profitability [4] Market Performance - ESI's shares have increased by 2.8% over the past year, outperforming the industry average growth of 0.9% [4]

Mortgage Market Overview - Mortgage rates ended 2025 at 6.15%, down from 6.91% a year prior, providing relief for homebuyers [1][10] - The year 2025 experienced high rates near 7% in the first half, which limited homebuying activity, but rates stabilized around 6.2% from mid-September due to Federal Reserve's monetary policy easing [2][10] Impact on Home Sales and mREITs - Lower mortgage rates and slower home price growth have increased pending home sales, indicating a potential rebound in the mortgage market for 2026 [3][10] - The improving housing conditions are expected to enhance financing conditions, boost transaction activity, and stabilize demand, which may lead to stronger fundamentals for mREITs [4][10] mREIT Stocks to Watch Ellington Financial (EFC) - EFC invests in a diverse range of financial assets, including residential and commercial mortgage loans, and has a strong securitization platform [5][6] - The company employs dynamic hedging strategies and maintains a balanced portfolio, with a dividend yield of 11.3% and a history of raising dividends [7] - Zacks Consensus Estimates indicate a 25.3% year-over-year earnings growth for 2025 [8] Annaly Capital Management (NLY) - NLY focuses on prudent asset selection and capital allocation, investing in Agency mortgage-backed securities and non-agency assets [12][13] - The company has a dividend yield of 12.2% and has raised its dividend once in the past five years, with a projected earnings growth of 7.4% for 2025 [14] NexPoint Real Estate Finance (NREF) - NREF specializes in originating and investing in first mortgage loans and commercial mortgage-backed securities, with a focus on multi-family and single-family rentals [17][19] - The company has a dividend yield of 14.2% and has raised its dividend three times over the past five years, with earnings growth estimates of 1.7% for 2025 [20]

Core Viewpoint - Element Solutions Inc has successfully completed the acquisition of EFC Gases & Advanced Materials, which will now function as a standalone business unit within the newly renamed "Specialties Segment" [1] Group 1: Acquisition Details - The acquisition of EFC Gases & Advanced Materials was previously announced and is now finalized [1] - EFC will be reported within the Company's newly renamed "Specialties Segment," which was formerly known as the "Industrial & Specialty Segment" [1] Group 2: Leadership Commentary - CEO Benjamin Gliklich expressed positive sentiments regarding the acquisition, indicating a strategic move for the company [1]

Company Overview - Ellington Financial Inc. announced an estimated book value per share of common stock of $13.17 as of November 30, 2025, which includes the effect of a previously announced monthly dividend of $0.13 per share to be paid on December 31, 2025 [1] Investment Strategy - The company invests in a diverse array of financial assets, including residential and commercial mortgage loans, mortgage-backed securities, reverse mortgage loans, mortgage servicing rights, consumer loans, asset-backed securities, collateralized loan obligations, and both mortgage-related and non-mortgage-related derivatives [5]

Company Overview - Ellington Financial, Inc. (EFC) is a real estate investment trust (REIT) that focuses on acquiring and managing various financial assets, including mortgage-related, consumer-related, and corporate-related assets [1] Asset Composition - Approximately 89% of Ellington Financial's assets are mortgage-related, indicating a strong focus on this sector within its investment strategy [1]