OLD GREENWICH, Conn. – (BUSINESS WIRE) – Ellington Financial Inc. (NYSE: EFC) (the “Company”) today announced its estimated book value per common share of $ 18.21 as of April 30, 2021. This estimate includes the effect of the previously announced monthly dividend of $ 0.14 per common share payable on May 25, 2021 to holders of record on April 30, 2021, with an ex-dividend date of April 29, 2021.
The estimated book value per common share may change and such changes may be material after the Company’s end of month and end of quarter valuation procedures have been completed with respect to its investment positions. There can be no assurance that the estimated book value per common share of the Company as of April 30, 2021 is based on the Company’s projected results for the three month or six month period up to the 30th periods, and the Company makes no commitment to its estimated book value per common share prior to publication update or revise the financial statements for such periods.
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. Actual results of the company could differ from its beliefs, expectations, estimates and projections and therefore you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements are not historical in nature and may include words such as “believe”, “expect”, “anticipate”, “estimate”, “project”, “plan”, “continue”, “intend”, “should”, “would” “could”, “aim”, “objective”, “will”, “may”, “seek” or similar expressions or their negative forms, or by reference to strategy, plans or intentions. Examples of forward-looking statements in this press release include statements regarding the carrying amount per common share of the company. The company’s results may fluctuate from month to month and quarter to quarter depending on a variety of factors, some of which are beyond the control of the company and / or difficult to predict, including but not limited to changes in interest rates and the market value of investments of the Company, changes in mortgage default and prepayment rates, the Company’s ability to borrow to fund its assets, changes in government regulations that affect the Company’s business, the Company’s ability to prevent its from registration under the Investment Company Act from 1940, the company’s ability to maintain its qualifications as a Real Estate Investment Trust or “REIT”; and other changes in market conditions and economic trends, including changes due to the economic impact in the Relation to the COVID-19 pandemic and the related responses to the pandemic. In addition, forward-looking statements are subject to risks and uncertainties, including but not limited to those described in Item 1A of the Company’s Annual Report on Form 10-K, filed March 16, 2021, which is available on the Company’s website at www.ellingtonfinancial.com or on the SEC website (www.sec.gov). Other risks, uncertainties, and factors that could cause actual results to differ materially from those projected may be described from time to time in reports the company files with the SEC, including reports on Forms 10-Q, 10 -K and 8-K. The company assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or for any other reason.
This announcement and the information contained herein do not constitute an offer of securities or a solicitation of an offer to buy any securities.
About Ellington Financial
Ellington Financial invests in a variety of financial assets including residential and commercial mortgage loans, residential and commercial mortgage-backed securities, consumer and consumer credit-backed securities, secured loan liabilities, non-mortgage and mortgage-related derivatives, equity interests in lending companies, and other strategic investments. Ellington Financial is externally managed and advised by Ellington Financial Management LLC, a subsidiary of Ellington Management Group, LLC