MFA FINL INC/SH (NYSE:MFA) was upgraded by stock analysts at ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Monday, ValuEngine reports.

A number of other equities research analysts have also recently commented on MFA. JMP Securities cut MFA FINL INC/SH from an “outperform” rating to a “market perform” rating in a research note on Monday, April 13th. Credit Suisse Group lifted their price target on shares of MFA FINL INC/SH from $2.00 to $3.00 and gave the company a “neutral” rating in a research report on Wednesday, June 17th. Royal Bank of Canada lowered shares of MFA FINL INC/SH from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, March 25th. Wedbush lowered shares of MFA FINL INC/SH from an “outperform” rating to a “neutral” rating in a research note on Wednesday, March 25th. Finally, TheStreet downgraded shares of MFA FINL INC/SH from a “c-” rating to a “d” rating in a research report on Thursday, June 18th. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. MFA FINL INC/SH currently has an average rating of “Hold” and an average price target of $7.35.

Shares of MFA opened at $2.49 on Monday. The firm has a market cap of $1.04 billion, a PE ratio of -1.77 and a beta of 1.49. MFA FINL INC/SH has a 52-week low of $0.32 and a 52-week high of $8.09. The business’s 50 day moving average price is $2.16 and its two-hundred day moving average price is $4.73.

MFA FINL INC/SH (NYSE:MFA) last posted its quarterly earnings results on Tuesday, June 16th. The real estate investment trust reported ($2.02) earnings per share for the quarter, missing the consensus estimate of $0.14 by ($2.16). The company had revenue of $61.70 million during the quarter. MFA FINL INC/SH had a negative net margin of 105.71% and a positive return on equity of 7.60%. As a group, equities research analysts expect that MFA FINL INC/SH will post 0.76 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MFA. Johanson Financial Advisors Inc. bought a new stake in shares of MFA FINL INC/SH in the 1st quarter worth $28,000. Voloridge Investment Management LLC purchased a new position in MFA FINL INC/SH during the first quarter worth about $28,000. Tower Research Capital LLC TRC boosted its holdings in MFA FINL INC/SH by 852.4% during the first quarter. Tower Research Capital LLC TRC now owns 22,590 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 20,218 shares during the last quarter. MML Investors Services LLC bought a new stake in MFA FINL INC/SH in the 1st quarter worth about $37,000. Finally, Transcend Wealth Collective LLC purchased a new stake in MFA FINL INC/SH in the 1st quarter valued at about $39,000. 59.62% of the stock is owned by institutional investors and hedge funds.

MFA FINL INC/SH Company Profile

MFA Financial, Inc, through its subsidiaries, operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage assets, including non-agency mortgage-backed securities (MBS), agency MBS, residential whole loans, credit risk transfer securities, and mortgage servicing rights related assets.

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