Ellington Residential estimates book value per share of $8.56 as of February 28

Ellington Residential Mortgage REIT announced its estimated book value per share of $8.56 as of February 28, 2023, which reflects a year-to-date total economic return of approximately 3.8% through February 28, 2023. This corrects the company’s commentary on its earnings call earlier today, where it estimated its book value per share, as opposed to its year-to-date total economic return, as having increased close to 4% through February 28, 2023.