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EFC - A Mortgage REIT Rally Begins
June, 21 2022 10:30 PM
Ellington Financial LLC representing Limitied Liability Company Interests no par valu
The sector climbed significantly on Tuesday, but one stood above the rest. Management internalization may have been a factor, but commentary about current book value per share was probably a big boost. Management’s estimate as of June 15th came in very close to our estimate for the same time. We still expect most mortgage REITs to report negative changes in book value per share for Q2 2022. Plenty of opportunities still exist in the sector. For further details see:
A Mortgage REIT Rally Begins
Stock Information
Company Name:
Ellington Financial LLC representing Limitied Liability Company Interests no par valu
Stock Symbol:
EFC
Market:
NYSE
Website:
ellingtonfinancial.com
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