Company Quick10K Filing
Ellington Financial
10-K 2019-12-31 Filed 2020-03-13
10-Q 2019-09-30 Filed 2019-11-08
10-Q 2019-06-30 Filed 2019-08-09
10-Q 2019-03-31 Filed 2019-05-10
10-K 2018-12-31 Filed 2019-03-14
10-Q 2018-09-30 Filed 2018-11-09
10-Q 2018-06-30 Filed 2018-08-09
10-Q 2018-03-31 Filed 2018-05-09
10-K 2017-12-31 Filed 2018-03-15
10-Q 2017-09-30 Filed 2017-11-09
10-Q 2017-06-30 Filed 2017-08-08
10-Q 2017-03-31 Filed 2017-05-10
10-K 2016-12-31 Filed 2017-03-16
10-Q 2016-09-30 Filed 2016-11-09
10-Q 2016-06-30 Filed 2016-08-09
10-Q 2016-03-31 Filed 2016-05-09
10-K 2015-12-31 Filed 2016-03-11
10-Q 2015-09-30 Filed 2015-11-06
10-Q 2015-06-30 Filed 2015-08-07
10-Q 2015-03-31 Filed 2015-05-08
10-K 2014-12-31 Filed 2015-03-13
10-Q 2014-09-30 Filed 2014-11-10
10-Q 2014-06-30 Filed 2014-08-08
10-Q 2014-03-31 Filed 2014-05-09
10-K 2013-12-31 Filed 2014-03-14
10-Q 2013-09-30 Filed 2013-11-08
10-Q 2013-06-30 Filed 2013-08-09
10-Q 2013-03-31 Filed 2013-05-08
10-K 2012-12-31 Filed 2013-03-15
10-Q 2012-09-30 Filed 2012-11-08
10-Q 2012-06-30 Filed 2012-08-07
10-Q 2012-03-31 Filed 2012-05-09
10-K 2011-12-31 Filed 2012-03-14
10-Q 2011-09-30 Filed 2011-11-09
10-Q 2011-06-30 Filed 2011-08-10
10-Q 2011-03-31 Filed 2011-05-12
10-K 2010-12-31 Filed 2011-03-16
10-Q 2010-09-30 Filed 2010-11-18
8-K 2020-05-11 Other Events
8-K 2020-05-07 Earnings, Regulation FD, Exhibits
8-K 2020-05-07 Regulation FD, Other Events, Exhibits
8-K 2020-04-07 Regulation FD, Other Events, Exhibits
8-K 2020-03-06 Regulation FD, Other Events, Exhibits
8-K 2020-02-12 Earnings, Regulation FD, Exhibits
8-K 2020-02-07 Regulation FD, Other Events, Exhibits
8-K 2020-01-21 Leave Agreement
8-K 2020-01-21 Enter Agreement, Exhibits
8-K 2020-01-08 Regulation FD, Other Events, Exhibits
8-K 2019-12-06 Regulation FD, Other Events, Exhibits
8-K 2019-11-18 Enter Agreement, Exhibits
8-K 2019-11-07 Regulation FD, Other Events, Exhibits
8-K 2019-11-06 Earnings, Regulation FD, Exhibits
8-K 2019-10-16 Enter Agreement, Shareholder Rights, Amend Bylaw, Exhibits
8-K 2019-10-07 Regulation FD, Other Events, Exhibits
8-K 2019-09-09 Regulation FD, Other Events, Exhibits
8-K 2019-08-07 Regulation FD, Other Events, Exhibits
8-K 2019-08-05 Earnings, Regulation FD, Exhibits
8-K 2019-07-17 Enter Agreement, Exhibits
8-K 2019-07-08 Regulation FD, Other Events, Exhibits
8-K 2019-06-07 Regulation FD, Other Events, Exhibits
8-K 2019-05-15 Shareholder Vote
8-K 2019-05-07 Regulation FD, Other Events, Exhibits
8-K 2019-05-07 Earnings, Regulation FD, Exhibits
8-K 2019-04-05 Regulation FD, Other Events, Exhibits
8-K 2019-04-03 Enter Agreement, Exhibits
8-K 2019-03-29 Regulation FD
8-K 2019-03-11 Other Events, Exhibits
8-K 2019-03-07 Regulation FD, Exhibits
8-K 2019-03-01 Shareholder Rights, Officers, Amend Bylaw, Other Events, Exhibits
8-K 2019-02-28 Regulation FD
8-K 2019-02-20 Earnings, Regulation FD, Exhibits
8-K 2019-02-14 Other Events, Exhibits
8-K 2019-02-13 Regulation FD, Exhibits
8-K 2019-02-13 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-02-07 Regulation FD, Exhibits
8-K 2019-01-31 Regulation FD
8-K 2019-01-22 Regulation FD
8-K 2019-01-08
8-K 2019-01-08 Regulation FD, Exhibits
8-K 2018-12-27 Regulation FD
8-K 2018-12-10 Regulation FD, Exhibits
8-K 2018-12-03 Regulation FD
8-K 2018-11-07 Earnings, Regulation FD, Exhibits
8-K 2018-11-07 Regulation FD, Exhibits
8-K 2018-11-02 Regulation FD
8-K 2018-10-31 Other Events, Exhibits
8-K 2018-10-05 Regulation FD, Exhibits
8-K 2018-09-27 Regulation FD
8-K 2018-09-10 Regulation FD, Exhibits
8-K 2018-08-29 Regulation FD
8-K 2018-08-07 Regulation FD, Exhibits
8-K 2018-08-06 Earnings, Officers, Regulation FD, Exhibits
8-K 2018-08-01 Other Events, Exhibits
8-K 2018-07-27 Regulation FD
8-K 2018-07-09 Regulation FD, Exhibits
8-K 2018-06-29 Enter Agreement, Exhibits
8-K 2018-06-27 Regulation FD
8-K 2018-06-07 Regulation FD, Exhibits
8-K 2018-05-30 Regulation FD
8-K 2018-05-16 Shareholder Vote
8-K 2018-05-07 Earnings, Regulation FD, Exhibits
8-K 2018-05-07 Regulation FD, Exhibits
8-K 2018-05-02 Other Events, Exhibits
8-K 2018-04-23 Regulation FD
8-K 2018-04-06 Regulation FD, Exhibits
8-K 2018-03-30 Officers, Exhibits
8-K 2018-03-27 Regulation FD
8-K 2018-03-07 Regulation FD, Exhibits
8-K 2018-02-27 Regulation FD
8-K 2018-02-13 Earnings, Regulation FD, Exhibits
8-K 2018-02-07 Regulation FD, Exhibits
8-K 2018-02-06 Other Events, Exhibits
8-K 2018-01-30 Regulation FD
8-K 2018-01-08 Regulation FD, Exhibits

Ellington Financial Financials

EFC Metrics, Comps, Filings

Quarterly | Annual

Business

We were originally formed as a Delaware limited liability company in July 2007 and commenced operations in August 2007. Through December 31, 2018, we believe we were organized and had operated so that we qualified to be treated for U.S. federal income tax purposes as a partnership and not as an association or a publicly traded partnership taxable as a corporation. In February 2019, we elected to be taxed as a corporation for U.S. federal income tax purposes effective as of January 1, 2019, and we will elect and intend to qualify to be treated as a REIT for U.S. federal income tax purposes commencing with our taxable year ending December 31, 2019. Effective March 1, 2019, we converted to a Delaware corporation and changed our name to Ellington Financial Inc. We acquire and manage mortgage-related, consumer-related, corporate-related, and other financial assets. Our primary objective is to generate attractive, risk-adjusted total returns for our stockholders by making investments that we believe compensate us appropriately for the risks associated with them. We seek to attain this objective by utilizing an opportunistic strategy. Our targeted asset classes currently include investments in the U.S. and Europe (as applicable) in the categories listed below. Subject to maintaining our qualification as a REIT, we expect to continue to invest in

these targeted asset classes, although the allocation of our capital among these targeted asset classes will likely vary from our historical allocations in light of our REIT status. Also, some of these asset classes may be held in taxable REIT subsidiaries, or "TRSs." Finally, certain asset classes we have previously included in our list of targeted asset classes, such as corporate debt and equity and derivatives, are no longer included.

-residential mortgage-backed securities, or "RMBS," backed by loans for which the principal and interest payments are not guaranteed by a U.S. government agency or a U.S. government-sponsored entity, collectively referred to as "non-Agency RMBS" if issued in the United States;


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Armada Hoffler Properties (AHH) 984 12% 20.9 2% 1,761 1,124 176 21 29 90 1,880
Realogy Holdings (RLGY) 785 0% 16.1 -2% 7,717 5,534 5,832 0 -120 266 4,290
Forestar Group (FOR) 741 8% 16.3 2% 1,456 647 428 36 36 52 856
Gladstone Commercial (GOOD) 727 0% 18.3 1% 978 634 112 0 12 72 1,309
Retail Value (RVI) 710 0% 3.0 5% 1,686 730 251 0 89 179 540
Bluegreen Vacations (BXG) 689 74% 4.3 4% 1,361 890 744 553 53 106 457
Ellington Financial (EFC) 623 5.6 1% 3,627 2,958 0 0 44 120 675
Front Yard Residential (RESI) 616 0% 45.7 -5% 2,077 1,715 209 0 -114 12 535
EXP World (EXPI) 529 0% -56.7 -11% 98 53 706 0 -10 -9 489
FRP Holdings (FRPH) 486 0% 23.1 3% 536 146 18 0 14 22 504
Boston Omaha (BOMN) 483 57% 80.2 -1% 426 86 30 17 -6 6 491
Tejon Ranch (TRC) 455 0% 101.3 0% 534 99 29 0 1 5 513
BBX Capital (BBX) 437 1% 0.2 2% 1,817 1,163 959 12 39 126 19
Nam Tai Property (NTP) 340 0% 318 90 0 0 0 0 340
Rafael Holdings (RFL) 333 0% -88.0 -4% 140 1 4 0 -5 -4 322
Consolidated Tomoka Land (CTO) 297 77% 9.8 5% 583 384 77 60 30 58 569
American Realty Investors (ARL) 246 0% 2.5 17% 832 534 61 0 138 158 403
Pico Holdings (PICO) 210 0% 28.5 4% 178 2 19 0 7 7 198
Griffin Industrial Realty (GRIF) 192 93% 21.7 2% 264 167 26 25 5 15 328
Maui Land & Pineapple (MLP) 190 0% -147.5 -3% 48 16 9 0 -1 -1 189

Balance Sheet ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-12-312014-12-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash45426352486959652021831141241391841421401801231041351114726225445564333
Accounts Receivable
Inventory
PP&E
Assets1,9772,4081,9682,0671,9401,8652,1522,3172,7282,9753,9453,4753,3242,9922,9032,7532,6522,4132,9312,7972,7272,9933,1963,6723,7153,9712,8713,1283,627
Accounts Payable
Long-Term Debt868686858686858585
Liabilities1,5922,0321,5971,6701,5441,3661,6461,7962,0912,3493,1572,6982,5662,2532,2082,0741,9871,7682,2772,1602,0972,3722,5863,0593,0983,3762,2782,5342,958
Stockholders' Equity385377371396395499506516633620782771752732689674656638636626616600594600594564562562635
Income Statement ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-12-312014-12-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue
Cost of Revenue000000000000000000
Gross Profit
R&D
SG&A
Tax00
Net Income-1-123244302541121531342-235121657821227-1151317
Cash Flow ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-12-312014-12-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating-7917-3147170-237-27-29126265-1910874-94-108-7-9-339-125-99-197212213
Cash Investing-65-240-409
Cash Financing75420-50-14922732428-11-220-23-110-35388938-142751039522955205386