Press coverage about MFA Financial (NYSE:MFA) has trended somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MFA Financial earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave news coverage about the real estate investment trust an impact score of 46.7426034461697 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- Quotidian Technical Highlights on Selected REIT Stocks — Annaly Capital Management, Ladder Capital, National Retail Properties, and MFA Financial (forimmediaterelease.net)
- Q1 2018 Earnings Forecast for MFA Financial, Inc. (MFA) Issued By B. Riley (americanbankingnews.com)
- Head-To-Head Survey: Invesco Mortgage Capital (IVR) vs. MFA Financial (MFA) (americanbankingnews.com)
- Form 425 NorthStar Real Estate Filed by: Colony NorthStar Credit Real Estate, Inc. (streetinsider.com)
- Here’s What to Focus on – MFA Financial, Inc. (NYSE: MFA) – Alpha Beta Stock (alphabetastock.com)
Several equities research analysts have issued reports on the stock. Zacks Investment Research lowered shares of MFA Financial from a “hold” rating to a “strong sell” rating in a research report on Saturday. B. Riley reissued a “neutral” rating on shares of MFA Financial in a research note on Friday, November 3rd. Royal Bank of Canada reissued a “buy” rating and set a $9.00 price target on shares of MFA Financial in a research note on Tuesday, November 7th. BidaskClub downgraded shares of MFA Financial from a “hold” rating to a “sell” rating in a research note on Saturday, October 28th. Finally, JMP Securities downgraded shares of MFA Financial from an “outperform” rating to a “market perform” rating in a research note on Friday, October 20th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $9.08.
MFA Financial (NYSE:MFA) last announced its quarterly earnings results on Thursday, November 2nd. The real estate investment trust reported $0.15 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.18 by ($0.03). The firm had revenue of $55.86 million during the quarter, compared to the consensus estimate of $71.13 million. MFA Financial had a return on equity of 9.33% and a net margin of 59.03%. The business’s revenue for the quarter was down 13.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.21 EPS. equities analysts forecast that MFA Financial will post 0.77 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Thursday, December 28th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 10.26%. The ex-dividend date is Wednesday, December 27th. MFA Financial’s payout ratio is 109.59%.
In other MFA Financial news, insider Ronald A. Freydberg bought 20,000 shares of the firm’s stock in a transaction on Monday, November 6th. The stock was acquired at an average price of $7.78 per share, with a total value of $155,600.00. Following the transaction, the insider now owns 579,714 shares in the company, valued at $4,510,174.92. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.92% of the stock is currently owned by insiders.
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.
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