Every material Form 8-K Ellington Financial filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Ellington Financial reported third-quarter 2024 net income attributable to common stockholders of $16.2 million, or $0.19 per share, down from $52.3 million, or $0.62 per share, in the second quarter. Adjusted Distributable Earnings of $34.5 million, or $0.40 per share, covered its dividends, while the company's leverage rose as its credit loan portfolio grew 19%.
Net income attributable to common stockholders was $16.2 million, or $0.19 per share, versus $52.3 million, or $0.62 per share, in the quarter ended June 30, 2024.
Adjusted Distributable Earnings were $34.5 million, or $0.40 per share.
Book value per common share was $13.66 as of September 30, 2024, after dividends of $0.39 per share for the quarter.
Recourse debt-to-equity ratio rose to 1.8:1 from 1.6:1, and the company plans to redeem its Series E Preferred Stock on December 13, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Ellington Financial filing is on SEC EDGAR ↗. 8-K briefs of other companies →