Longbridge profit drop weighs on Ellington’s Q3 earnings
Published . Updated .
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Ellington Financial's Q3 net income fell to $40.4M, or $0.31 per share, as Longbridge earnings dropped despite $676.3M in originations.
Directly affected
- EFC Ellington Financial-9.0% 30d
Named in this report.
Indirectly affected
- XLRE Real Estate Select Sector SPDR+2.7% 30d
Real Estate Select Sector SPDR holds the real estate sector that Ellington Financial belongs to, so it often moves with news about it.
- CBRE CBRE Group+8.9% 17d
CBRE Group is a peer of Ellington Financial in real estate; rivals often move on the same news.
- MRP Millrose Properties+10.7% 7d
Millrose Properties is a peer of Ellington Financial in real estate; rivals often move on the same news.
- CURB Curbline Properties+5.0% 30d
Curbline Properties is a peer of Ellington Financial in real estate; rivals often move on the same news.
- CWK Cushman & Wakefield+21.5% 30d
Cushman & Wakefield is a peer of Ellington Financial in real estate; rivals often move on the same news.
- UE Urban Edge Properties-2.0% 12d
Urban Edge Properties is a peer of Ellington Financial in real estate; rivals often move on the same news.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| EFC | -0.08% | -2.53% | base | -3.96% | after close | after close | after close |
| XLRE | -4.53% | -3.24% | base | -1.66% | after close | after close | after close |
| CBRE | -8.91% | -3.12% | base | -3.22% | after close | after close | after close |
| MRP | -3.01% | -0.45% | base | -1.89% | after close | after close | after close |
| CURB | -4.71% | -4.01% | base | -2.12% | after close | after close | after close |
| CWK | -12.13% | -4.09% | base | -4.29% | after close | after close | after close |
| UE | -6.85% | -2.18% | base | -1.75% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Longbridge profit drop weighs on Ellington’s Q3 earnings HousingWire
Source: HousingWire
This story
| Company | When | Move | Status |
|---|---|---|---|
| CBRE | that day | -3.22% | still updating |
| CBRE | three days earlier | -3.12% | final price |
| CBRE | five days earlier | -8.91% | final price |
| CURB | that day | -2.12% | still updating |
| CURB | three days earlier | -4.01% | final price |
| CURB | five days earlier | -4.71% | final price |
| CWK | that day | -4.29% | still updating |
| CWK | three days earlier | -4.09% | final price |
| CWK | five days earlier | -12.13% | final price |
| EFC | that day | -3.96% | still updating |
| EFC | three days earlier | -2.53% | final price |
| EFC | five days earlier | -0.08% | final price |
| MRP | that day | -1.89% | still updating |
| MRP | three days earlier | -0.45% | final price |
| MRP | five days earlier | -3.01% | final price |
| UE | that day | -1.75% | still updating |
| UE | three days earlier | -2.18% | final price |
| UE | five days earlier | -6.85% | final price |
| XLRE | that day | -1.66% | still updating |
| XLRE | three days earlier | -3.24% | final price |
| XLRE | five days earlier | -4.53% | final price |
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How solid “Longbridge profit drop weighs on Ellington’s Q3 earnings” looks
12 out of 100Price not final
“Longbridge profit drop weighs on Ellington’s Q3 earnings” scores 12 out of 100. The score uses 1 sources. The price is not final yet.