Market cap
$1.5bn
Earnings yield vs 10-yr compares what the business earns per pound invested against the 5.28% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.
Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.
Our total adjusted long investment portfolio increased by approximately 1% to $4.50 billion as of June 30, 2026. During the quarter, the net interest margin on our investment portfolio declined slightly to 3.36% from 3.37%, as slightly higher asset yields were more than offset by slightly higher funding costs (including actual and accrued periodic payments on interest rate swaps). The primary driver of the unrealized loss on our unsecured debt was credit spread tightening, which reversed much of the credit spread widening experienced in the first quarter, and which was partially offset by the impact of higher interest rates. …Ellington Financial Inc., 10-Q, period ended 2026-06-30, filed 2026-08-10