Media stories about MFA Financial (NYSE:MFA) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. MFA Financial earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned news headlines about the real estate investment trust an impact score of 46.2433579500719 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of MFA Financial (MFA) opened at $7.97 on Thursday. The company has a market cap of $3,160.00, a price-to-earnings ratio of 10.86 and a beta of 0.68. MFA Financial has a one year low of $7.32 and a one year high of $8.90.
MFA Financial (NYSE:MFA) last posted its earnings results on Thursday, November 2nd. The real estate investment trust reported $0.15 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.03). MFA Financial had a return on equity of 9.33% and a net margin of 59.03%. The firm had revenue of $55.86 million during the quarter, compared to the consensus estimate of $71.13 million. During the same quarter in the previous year, the company earned $0.21 EPS. The business’s revenue was down 13.5% compared to the same quarter last year. equities analysts forecast that MFA Financial will post 0.77 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, October 31st. Stockholders of record on Thursday, September 28th were paid a $0.20 dividend. The ex-dividend date was Wednesday, September 27th. This represents a $0.80 annualized dividend and a dividend yield of 10.04%. MFA Financial’s payout ratio is 109.59%.
MFA has been the subject of a number of recent research reports. Zacks Investment Research lowered shares of MFA Financial from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Royal Bank Of Canada restated a “buy” rating and set a $9.00 price target on shares of MFA Financial in a research note on Friday, August 4th. Keefe, Bruyette & Woods restated a “hold” rating and set a $8.50 price target on shares of MFA Financial in a research note on Friday, August 4th. Finally, BidaskClub lowered shares of MFA Financial from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 30th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $9.08.
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In other news, insider Ronald A. Freydberg bought 20,000 shares of MFA Financial stock in a transaction dated Monday, November 6th. The stock was purchased at an average price of $7.78 per share, for a total transaction of $155,600.00. Following the purchase, the insider now directly owns 579,714 shares in the company, valued at approximately $4,510,174.92. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.92% of the company’s stock.
MFA Financial Company Profile
MFA Financial, Inc is engaged in the real estate finance business. The Company’s subsidiaries invest in residential mortgage assets, including Non-Agency mortgage-backed securities (MBS), Agency MBS, residential whole loans and credit risk transfer (CRT) securities. The Company’s Non-Agency MBS portfolio primarily consists of Legacy Non-Agency MBS and 3 Year Step-up securities.
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