A number of research firms have changed their ratings and price targets for MFA Financial (NYSE: MFA):

  • 10/4/2017 – MFA Financial was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $9.75 price target on the stock. According to Zacks, “MFA Mortgage Investments, Inc. operates as a real estate investment trust primarily engaged in the business of investing in mortgage-backed securities. The company also has indirect investment in Lealand Place, a multifamily apartment property located in Lawrenceville, Georgia. In addition, it provides investment advisory services to a third-party institution with respect to their MBS portfolio investments. “
  • 9/27/2017 – MFA Financial was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 9/22/2017 – MFA Financial was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “MFA Mortgage Investments, Inc. operates as a real estate investment trust primarily engaged in the business of investing in mortgage-backed securities. The company also has indirect investment in Lealand Place, a multifamily apartment property located in Lawrenceville, Georgia. In addition, it provides investment advisory services to a third-party institution with respect to their MBS portfolio investments. “
  • 9/16/2017 – MFA Financial was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 9/12/2017 – MFA Financial was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “MFA Mortgage Investments, Inc. operates as a real estate investment trust primarily engaged in the business of investing in mortgage-backed securities. The company also has indirect investment in Lealand Place, a multifamily apartment property located in Lawrenceville, Georgia. In addition, it provides investment advisory services to a third-party institution with respect to their MBS portfolio investments. “
  • 9/8/2017 – MFA Financial was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 9/5/2017 – MFA Financial was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “MFA Mortgage Investments, Inc. operates as a real estate investment trust primarily engaged in the business of investing in mortgage-backed securities. The company also has indirect investment in Lealand Place, a multifamily apartment property located in Lawrenceville, Georgia. In addition, it provides investment advisory services to a third-party institution with respect to their MBS portfolio investments. “
  • 8/30/2017 – MFA Financial was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 8/23/2017 – MFA Financial was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “MFA Mortgage Investments, Inc. operates as a real estate investment trust primarily engaged in the business of investing in mortgage-backed securities. The company also has indirect investment in Lealand Place, a multifamily apartment property located in Lawrenceville, Georgia. In addition, it provides investment advisory services to a third-party institution with respect to their MBS portfolio investments. “

Shares of MFA Financial, Inc. (NYSE:MFA) traded up 0.34% during mid-day trading on Thursday, hitting $8.82. 1,222,945 shares of the stock were exchanged. MFA Financial, Inc. has a 12 month low of $7.03 and a 12 month high of $8.90. The stock’s 50 day moving average is $8.77 and its 200-day moving average is $8.46. The stock has a market cap of $3.50 billion, a PE ratio of 11.12 and a beta of 0.71.

MFA Financial (NYSE:MFA) last issued its quarterly earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.20 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.02. MFA Financial had a net margin of 61.94% and a return on equity of 10.12%. The company had revenue of $61.14 million for the quarter, compared to the consensus estimate of $68.91 million. During the same quarter in the prior year, the company earned $0.20 EPS. MFA Financial’s quarterly revenue was down 8.5% on a year-over-year basis. On average, analysts anticipate that MFA Financial, Inc. will post $0.77 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 31st. Investors of record on Thursday, September 28th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Wednesday, September 27th. This represents a $0.80 annualized dividend and a yield of 9.07%. MFA Financial’s dividend payout ratio (DPR) is presently 102.56%.

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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