MFA Financial, Inc. (NYSE:MFA) Receives $12.00 Average PT from Analysts

Shares of MFA Financial, Inc. (NYSE:MFAGet Free Report) have earned an average rating of “Moderate Buy” from the six ratings firms that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $12.00.

Separately, JMP Securities reiterated a “market outperform” rating and issued a $12.50 price objective on shares of MFA Financial in a report on Thursday, April 18th.

View Our Latest Research Report on MFA

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of MFA Financial by 82.7% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 2,658 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 1,203 shares during the last quarter. Capital Square LLC raised its position in shares of MFA Financial by 3.4% during the fourth quarter. Capital Square LLC now owns 39,198 shares of the real estate investment trust’s stock valued at $442,000 after buying an additional 1,294 shares during the last quarter. ProShare Advisors LLC lifted its stake in shares of MFA Financial by 8.5% in the first quarter. ProShare Advisors LLC now owns 18,392 shares of the real estate investment trust’s stock valued at $210,000 after buying an additional 1,447 shares during the period. Commonwealth Equity Services LLC grew its position in MFA Financial by 8.7% during the third quarter. Commonwealth Equity Services LLC now owns 18,227 shares of the real estate investment trust’s stock worth $175,000 after buying an additional 1,456 shares in the last quarter. Finally, Quent Capital LLC grew its position in MFA Financial by 17.7% during the first quarter. Quent Capital LLC now owns 10,031 shares of the real estate investment trust’s stock worth $114,000 after buying an additional 1,509 shares in the last quarter. 65.28% of the stock is currently owned by institutional investors and hedge funds.

MFA Financial Price Performance

MFA opened at $11.02 on Monday. The company has a market capitalization of $1.12 billion, a PE ratio of -137.75 and a beta of 2.10. MFA Financial has a fifty-two week low of $8.41 and a fifty-two week high of $11.90. The business has a 50-day moving average of $10.96 and a 200-day moving average of $10.98.

MFA Financial (NYSE:MFAGet Free Report) last issued its quarterly earnings data on Thursday, February 22nd. The real estate investment trust reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.12. MFA Financial had a net margin of 4.70% and a return on equity of 9.66%. The firm had revenue of $169.88 million for the quarter, compared to analyst estimates of $43.75 million. During the same quarter last year, the firm earned $0.46 earnings per share. On average, equities research analysts expect that MFA Financial will post 1.47 earnings per share for the current fiscal year.

MFA Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Thursday, March 28th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.40 annualized dividend and a yield of 12.70%. MFA Financial’s payout ratio is -1,750.00%.

About MFA Financial

(Get Free Report

MFA Financial, Inc, together with its subsidiaries, operates as a real estate investment trust in the United States. It invests in residential mortgage securities, 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.

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Analyst Recommendations for MFA Financial (NYSE:MFA)

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