MFA Financial, Inc. (NYSE:MFA) – Equities researchers at B. Riley issued their FY2019 earnings per share (EPS) estimates for shares of MFA Financial in a research note issued to investors on Thursday. B. Riley analyst J. Levi-Ribner forecasts that the real estate investment trust will post earnings of $0.75 per share for the year. B. Riley currently has a “Neutral” rating on the stock.

MFA Financial (NYSE:MFA) last posted its earnings results on Thursday, November 2nd. The real estate investment trust reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.03). MFA Financial had a net margin of 59.03% and a return on equity of 9.33%. The company had revenue of $55.86 million during the quarter, compared to analyst estimates of $71.13 million. During the same quarter last year, the business posted $0.21 EPS. MFA Financial’s quarterly revenue was down 13.5% compared to the same quarter last year.

Other equities research analysts have also issued research reports about the company. Zacks Investment Research lowered MFA Financial from a “buy” rating to a “hold” rating in a research note on Wednesday, October 25th. BidaskClub lowered MFA Financial from a “hold” rating to a “sell” rating in a research note on Saturday, October 28th. Royal Bank of Canada reiterated a “buy” rating and issued a $9.00 target price on shares of MFA Financial in a research note on Tuesday, November 7th. Finally, JMP Securities lowered MFA Financial from an “outperform” rating to a “market perform” rating in a research note on Friday, October 20th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. MFA Financial has a consensus rating of “Hold” and a consensus price target of $9.08.

MFA Financial (MFA) traded up $0.02 during mid-day trading on Monday, hitting $7.80. The stock had a trading volume of 1,266,100 shares, compared to its average volume of 1,772,644. MFA Financial has a fifty-two week low of $7.58 and a fifty-two week high of $8.90. The firm has a market capitalization of $3,096.16, a price-to-earnings ratio of 10.68 and a beta of 0.66.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. grew its stake in MFA Financial by 7.1% during the 2nd quarter. Vanguard Group Inc. now owns 31,981,258 shares of the real estate investment trust’s stock valued at $268,322,000 after purchasing an additional 2,106,310 shares in the last quarter. BlackRock Inc. grew its stake in MFA Financial by 10.0% during the 2nd quarter. BlackRock Inc. now owns 25,784,592 shares of the real estate investment trust’s stock valued at $216,333,000 after purchasing an additional 2,350,575 shares in the last quarter. FMR LLC grew its stake in MFA Financial by 5.0% during the 2nd quarter. FMR LLC now owns 22,402,989 shares of the real estate investment trust’s stock valued at $187,962,000 after purchasing an additional 1,065,338 shares in the last quarter. Janus Henderson Group PLC grew its stake in MFA Financial by 2.7% during the 3rd quarter. Janus Henderson Group PLC now owns 5,851,326 shares of the real estate investment trust’s stock valued at $51,258,000 after purchasing an additional 153,963 shares in the last quarter. Finally, State Street Corp grew its stake in MFA Financial by 0.5% during the 2nd quarter. State Street Corp now owns 5,756,834 shares of the real estate investment trust’s stock valued at $48,305,000 after purchasing an additional 26,708 shares in the last quarter. Hedge funds and other institutional investors own 80.61% of the company’s stock.

In other MFA Financial news, insider Ronald A. Freydberg acquired 20,000 shares of the stock in a transaction on Monday, November 6th. The stock was purchased at an average price of $7.78 per share, for a total transaction of $155,600.00. Following the purchase, the insider now directly owns 579,714 shares in the company, valued at $4,510,174.92. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.92% of the stock is owned by company insiders.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Thursday, December 28th will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Wednesday, December 27th. This represents a $0.80 dividend on an annualized basis and a yield of 10.26%. MFA Financial’s dividend payout ratio (DPR) is presently 109.59%.

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MFA Financial Company Profile

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.

Earnings History and Estimates for MFA Financial (NYSE:MFA)

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