Shares of MFA Financial, Inc. (NYSE:MFA – Get Free Report) have received a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the firm, 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 twelve-month price target among brokers 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 target on shares of MFA Financial in a report on Thursday, April 18th.
Read Our Latest Stock Analysis on MFA
Hedge Funds Weigh In On MFA Financial
MFA Financial Stock Up 0.7 %
Shares of NYSE MFA opened at $10.51 on Thursday. MFA Financial has a 52 week low of $8.41 and a 52 week high of $11.90. The firm’s fifty day moving average is $11.03 and its 200 day moving average is $10.74. The company has a market cap of $1.07 billion, a price-to-earnings ratio of 26.26 and a beta of 2.11.
MFA Financial (NYSE:MFA – Get Free Report) last released its quarterly earnings results 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. The business had revenue of $169.88 million for the quarter, compared to analysts’ expectations of $43.75 million. MFA Financial had a net margin of 13.24% and a return on equity of 9.44%. During the same quarter in the previous year, the business posted $0.46 earnings per share. Equities research analysts anticipate that MFA Financial will post 1.47 earnings per share for the current year.
MFA Financial Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Thursday, March 28th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 13.33%. The ex-dividend date of this dividend is Wednesday, March 27th. MFA Financial’s dividend payout ratio (DPR) is presently 350.00%.
MFA Financial Company Profile
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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