MFA Financial (MFA) Scheduled to Post Earnings on Monday

MFA Financial (NYSE:MFA) is scheduled to be posting its quarterly earnings results before the market opens on Monday, May 6th. Analysts expect MFA Financial to post earnings of $0.36 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

MFA Financial (NYSE:MFA) last posted its quarterly earnings results on Thursday, February 22nd. The real estate investment trust reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.12. MFA Financial had a return on equity of 9.44% and a net margin of 13.24%. The business had revenue of $169.88 million during the quarter, compared to the consensus estimate of $43.75 million. During the same period last year, the firm earned $0.46 earnings per share. On average, analysts expect MFA Financial to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

MFA Financial Stock Up 0.4 %

NYSE:MFA opened at $10.95 on Friday. The company has a market cap of $1.12 billion, a PE ratio of 27.38 and a beta of 2.10. MFA Financial has a 52 week low of $8.41 and a 52 week high of $11.90. The business’s 50 day moving average is $11.01 and its two-hundred day moving average is $10.81.

MFA Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders 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 12.79%. MFA Financial’s payout ratio is 350.00%.

Wall Street Analysts Forecast Growth

Separately, JMP Securities reissued a “market outperform” rating and issued a $12.50 price target on shares of MFA Financial in a report on Thursday, April 18th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $12.00.

About MFA Financial

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.