Somewhat Favorable News Coverage Somewhat Unlikely to Impact MFA Financial (MFA) Stock Price
News articles about MFA Financial (NYSE:MFA) have trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. MFA Financial earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave media coverage about the real estate investment trust an impact score of 47.5288739591949 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news headlines that may have effected Accern Sentiment’s scoring:
- MFA Financial, Inc. (NYSE:MFA) – Performance Evaluation – Nasdaq Journal (nasdaqjournal.com)
- Hot Stock Analysis – MFA Financial Inc (NYSE: MFA) – Stocks Pen (stockspen.com)
- MFA Financial Inc (MFA) Valuation Review – ExpertGazette (expertgazette.com)
- How High Can MFA Financial Inc (MFA) Stock Go’ Analysts Hold $9 – ExpertGazette (expertgazette.com)
- Fahey, Chazen, Thomas-Greenfield to receive honorary degrees (news.wisc.edu)
MFA has been the topic of a number of recent analyst reports. Zacks Investment Research cut shares of MFA Financial from a “hold” rating to a “strong sell” rating in a research note on Saturday, January 13th. B. Riley set a $8.00 price target on shares of MFA Financial and gave the stock a “hold” rating in a research note on Friday, February 16th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $8.81.
MFA Financial (NYSE:MFA) last posted its quarterly earnings results on Thursday, February 15th. The real estate investment trust reported $0.24 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.04. MFA Financial had a net margin of 69.87% and a return on equity of 10.04%. The business had revenue of $52.41 million for the quarter, compared to analysts’ expectations of $76.10 million. During the same period in the prior year, the company posted $0.18 EPS. research analysts predict that MFA Financial will post 0.84 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Monday, April 30th. Stockholders of record on Thursday, March 29th will be paid a dividend of $0.20 per share. The ex-dividend date is Wednesday, March 28th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 10.67%. MFA Financial’s dividend payout ratio (DPR) is presently 101.27%.
In other MFA Financial news, CEO Craig L. Knutson acquired 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 21st. The shares were acquired at an average cost of $7.30 per share, for a total transaction of $58,400.00. The purchase 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.
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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