Ellington Financial Announces $400M Senior Notes Offering

Ellington Financial ( (EFC) ) just unveiled an update.

On September 29, 2025, Ellington Financial Inc. announced its plan to offer $400 million in senior unsecured notes due 2030 through its subsidiaries. The proceeds from this offering are intended for general corporate purposes, including repaying a portion of borrowings and funding additional asset purchases, aligning with the company’s investment strategies.

The most recent analyst rating on (EFC) stock is a Hold with a $14.50 price target. To see the full list of analyst forecasts on Ellington Financial stock, see the EFC Stock Forecast page.

Spark’s Take on EFC Stock

According to Spark, TipRanks’ AI Analyst, EFC is a Neutral.

Ellington Financial’s overall score reflects a mixed financial performance with significant revenue and cash flow volatility. Positive technical indicators and attractive valuation metrics are offset by concerns highlighted in the earnings call, such as unrealized losses and a nonperforming asset. The company’s strong dividend yield and positive market momentum provide some support to the score.

To see Spark’s full report on EFC stock, click here.

More about Ellington Financial

Ellington Financial invests in a diverse array of financial assets, including residential and commercial mortgage loans and mortgage-backed securities, reverse mortgage loans, mortgage servicing rights and related investments, consumer loans, asset-backed securities, collateralized loan obligations, non-mortgage and mortgage-related derivatives, debt and equity investments in loan origination companies, and other strategic investments. Ellington Financial is externally managed and advised by Ellington Financial Management LLC, an affiliate of Ellington Management Group, L.L.C.

Average Trading Volume: 1,251,278

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.32B

Find detailed analytics on EFC stock on TipRanks’ Stock Analysis page.