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Stock impact report

Ellington Financial: This mREIT Offers Above 9% Through Its Preferred Stocks [Seeking Alpha]

Ellington Financial Inc. (EFC) 
Last ellington financial inc. earnings: 2/12 04:44 pm Check Earnings Report
US:NYSE Investor Relations: ir.ellingtonfinancial.com
Company Research Source: Seeking Alpha
EFC's leverage profile, with a recourse debt-to-equity ratio of 1.8:1 and strong coverage metrics, supports the relative safety of its preferred dividends. EFC's preferred stocks offer varied opportunities; EFC.PR.B trades below par with a yield to worst of 6.7% and potential price appreciation at call. EFC's OTC bond yields 7% with a 3.3% spread to Treasuries, reflecting solid credit metrics and risk-adjusted return potential. Richard Drury/DigitalVision via Getty Images In the following lines, we will present a summary of the key financial indicators, capital structure, credit ratings, and characteristics of Ellington Financial ( EFC ) and its preferred stocks. This information provides a solid basis for More on my IG service Trade With Beta At Trade With Beta, we discuss ideas like this as they happen in more detail. All active investors are welcome to join on a free trial and ask any question in our chat room full of sophisticated traders and investors. This art Show less Read more
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