MFA Financial (MFA) to Release Earnings on Wednesday

MFA Financial (NYSE:MFA) is scheduled to release its earnings data on Wednesday, February 14th. Analysts expect MFA Financial to post earnings of $0.17 per share for the quarter.

Shares of MFA Financial (MFA) opened at $6.94 on Wednesday. The firm has a market cap of $2,750.00, a P/E ratio of 9.48 and a beta of 0.46. MFA Financial has a 52-week low of $6.72 and a 52-week high of $8.90.

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 31st. Investors of record on Thursday, December 28th were given a $0.20 dividend. The ex-dividend date of this dividend was Wednesday, December 27th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 11.53%. MFA Financial’s dividend payout ratio is 109.59%.

A number of brokerages recently weighed in on MFA. B. Riley reiterated a “neutral” rating on shares of MFA Financial in a research report on Friday, November 3rd. Zacks Investment Research downgraded shares of MFA Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, October 25th. BidaskClub downgraded shares of MFA Financial from a “hold” rating to a “sell” rating in a research report on Saturday, October 28th. Royal Bank of Canada restated a “buy” rating and set a $9.00 target price on shares of MFA Financial in a report on Tuesday, November 7th. Finally, JMP Securities downgraded shares of MFA Financial from an “outperform” rating to a “market perform” rating in a report on Friday, October 20th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $9.08.

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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 for MFA Financial (NYSE:MFA)

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