NYSE:EFCMortgage REITs
Ellington Financial (EFC): Assessing Valuation After $400M Debt Raise and Dividend Reaffirmation
Ellington Financial (NYSE:EFC) just wrapped up a $400 million fixed-income offering. This move strengthens its balance sheet and gives the company fresh flexibility to seize investment opportunities or refinance debt in a shifting market environment.
See our latest analysis for Ellington Financial.
With recent headlines focused on Ellington Financial's major debt raise and another steady monthly dividend, investor confidence seems to be strengthening. The latest share price closed at $13.43,...