Shares of MFA Financial, Inc. (NYSE:MFA – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $12.08.
A number of analysts have recently issued reports on the stock. Keefe, Bruyette & Woods upgraded shares of MFA Financial from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $11.25 to $12.00 in a report on Wednesday, December 13th. Raymond James reduced their target price on shares of MFA Financial from $13.00 to $12.50 and set an “outperform” rating for the company in a report on Tuesday, November 21st. Finally, UBS Group assumed coverage on MFA Financial in a research note on Wednesday, December 6th. They issued a “neutral” rating and a $12.00 price target for the company.
Read Our Latest Analysis on MFA
Institutional Trading of MFA Financial
MFA Financial Stock Performance
MFA opened at $11.23 on Thursday. The company has a fifty day moving average price of $11.20 and a two-hundred day moving average price of $10.55. The firm has a market capitalization of $1.15 billion, a PE ratio of 28.08 and a beta of 2.11. MFA Financial has a 52 week low of $8.41 and a 52 week high of $11.90.
MFA Financial (NYSE:MFA – Get Free Report) last issued its quarterly earnings data on Thursday, February 22nd. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.12. The firm had revenue of $169.88 million during the quarter, compared to analysts’ expectations of $43.75 million. MFA Financial had a net margin of 13.24% and a return on equity of 9.44%. During the same quarter in the previous year, the company earned $0.46 earnings per share. Equities analysts forecast that MFA Financial will post 1.41 EPS for the current year.
MFA Financial Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Investors of record on Friday, December 29th were paid a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 12.47%. The ex-dividend date was Thursday, December 28th. MFA Financial’s dividend payout ratio (DPR) is presently 350.00%.
MFA Financial Company Profile
MFA Financial, Inc, together with its subsidiaries, operates as a real estate investment trust in the United States. The company invests in residential mortgage assets, including non-agency mortgage-backed securities, agency MBS, and credit risk transfer securities; residential whole loans, including purchased performing loans, purchased credit deteriorated, and non-performing loans; and mortgage servicing rights related assets.
Further Reading
- Five stocks we like better than MFA Financial
- Where Do I Find 52-Week Highs and Lows?
- MarketBeat Week in Review – 2/26 – 3/1
- Airline Stocks – Top Airline Stocks to Buy Now
- How to Buy Bitcoin Stock: 3 Easy Ways to Do It
- How to Use the MarketBeat Stock Split Calculator
- Snowflake Stock Plunges, Don’t be Fooled, Bargain Alert
Receive News & Ratings for MFA Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MFA Financial and related companies with MarketBeat.com's FREE daily email newsletter.