Headlines about MFA Financial (NYSE:MFA) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. MFA Financial earned a daily sentiment score of 0.24 on Accern’s scale. Accern also gave news coverage about the real estate investment trust an impact score of 46.4385598701682 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news articles that may have effected Accern’s rankings:
- Yorktown Management & Research Co Inc Buys A Lot More MFA … – Modern Readers (modernreaders.com)
- Statement by MFA Financial, Inc.’s Board of Directors Regarding the Passing of William S. Gorin – PR Newswire (press release) (prnewswire.com)
- MFA Financial, Inc. (MFA) Given Consensus Recommendation of “Hold” by Analysts (americanbankingnews.com)
- MFA Financial Inc (MFA)’s Technicals Placed in the Limelight – Evergreen Caller (evergreencaller.com)
Shares of MFA Financial (NYSE:MFA) opened at 8.81 on Friday. MFA Financial has a 52 week low of $7.03 and a 52 week high of $8.85. The firm’s 50-day moving average is $8.56 and its 200-day moving average is $8.25. The stock has a market capitalization of $3.49 billion, a price-to-earnings ratio of 11.11 and a beta of 0.72.
MFA Financial (NYSE:MFA) last released its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.02. The business had revenue of $61.14 million for the quarter, compared to analyst estimates of $68.91 million. MFA Financial had a return on equity of 10.12% and a net margin of 61.94%. The company’s revenue was down 8.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.20 EPS. On average, equities research analysts anticipate that MFA Financial will post $0.77 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, July 28th. Stockholders of record on Thursday, June 29th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 9.08%. The ex-dividend date was Tuesday, June 27th. MFA Financial’s dividend payout ratio is currently 102.56%.
A number of research analysts have commented on MFA shares. Zacks Investment Research raised shares of MFA Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, April 26th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $9.00 target price on shares of MFA Financial in a research report on Friday, May 5th. Wells Fargo & Company raised shares of MFA Financial from an “underperform” rating to a “market perform” rating in a research report on Monday, May 8th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $8.00 price target on shares of MFA Financial in a research note on Wednesday, June 7th. Finally, BidaskClub upgraded shares of MFA Financial from a “hold” rating to a “buy” rating in a research note on Tuesday, June 13th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $8.29.
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About MFA Financial
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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