Ellington Financial Inc. (EFC.PD) company profile
Close on Oct 30, 2026Market cap $2.82BP/E 13.4Yield 7139.58%
About Ellington Financial
Real Estate, SIC 6500
Ellington Financial Inc. is a real estate investment trust that acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets. The company focuses primarily on residential and commercial mortgage loan investments, as well as opportunistically purchasing loans and securities. It operates through two reportable segments: the Investment Portfolio Segment and the Longbridge Segment. Through its Longbridge subsidiary, it originates, sells, and services reverse mortgage loans, including home equity conversion mortgages and proprietary reverse mortgage products. Its customer base includes residential and commercial mortgage borrowers, consumers, and reverse mortgage clients.
The company's external manager oversees approximately $20.1 billion in assets under management across its business. Subsidiary Longbridge maintains a corporate office located in Paramus, New Jersey, alongside branch offices across multiple states. Other than Longbridge's operations, the firm conducts its business activities without maintaining separate facilities or employing staff directly, relying instead on its external manager's personnel and infrastructure.
Summary of the business section of Ellington Financial's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Ellington Financial Inc.
- Founded
- 2007
- Headquarters
- Greenwich, CT
- Address
- 53 Forest Ave 06870
- Phone
- (203) 698-1200
- Website
- ellingtonfinancial.com
- Employees
- 500, Dec 31, 2025
- Industry
- Real Estate
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, New York, New York
Stock & identifiers
- Ticker
- EFC.PD
- Other tickers
- EFC, EFC.PB, EFC.PC
- Exchange
- NYSE
- IPO date
- Oct 8, 2010
- Shares outstanding
- 129M, Aug 7, 2026
- Public float
- $1.33B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1411342
- CUSIP
- 28852N109
- ISIN
- US28852N1090
- LEI
- 60GS1D1R1YY5G1W7IT74
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Michael W. Vranos | Co-Chief Investment Officer | 1,322,503 |
| Chris Smernoff | Chief Accounting Officer | – |
| John Herlihy | Chief Financial Officer | – |
| Lisa Mumford | Director | 98,954 |
| Stephen J. Dannhauser | Director | – |
| Edward Resendez | Director | 2,500 |
| Ronald I. Simon | Director | 90,181 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $0 | $0 | $457.54K | $167 | $114 |
| FY2024 | $0 | $0 | $436.96K | $120 | $80 |
| FY2023 | $0 | $0 | $419.10K | $110 | $80 |
| FY2022 | $0 | $0 | $347.36K | $93 | $69 |
| FY2021 | $0 | $0 | $360.33K | $114 | $94 |
| FY2020 | $0 | $0 | $311.50K | $90 | $81 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| JR Herlihy Chief Financial Officer | $249.38K | $342.22K | $500.01K | $60.62K | $1.15M | +8% |
| Christopher Smernoff Chief Accounting Officer | $223.00K | $172.77K | $250.01K | $32.16K | $677.94K | -1% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Oct 8, 2010
- Offer price
- $22.50
- Securities offered
- 4,500,000
- Gross proceeds
- $101.25M
- Exchange
- NYSE
- First trading day
- Oct 8, 2010
- First-day close
- $21.75-3.3%
- Lock-up ends (est.)
- Apr 6, 2011
“Per Share Total (1) Public offering price $ 22.50 $ 101,250,000 Underwriting discounts and commissions $ 1.35 $ 2,940,075 Proceeds, before expenses, to Ellington Financial LLC $ 21.15 $ 98,309,925 (1) The underwriters will receive underwriting discounts and commissions of $0.225 per share on the sale of 2,786,600 commo”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of December 31, 2025, Longbridge had approximately 500 employees.”
Corporate history
Events identified from SEC filings