Positive News Coverage Somewhat Unlikely to Impact MFA Financial (NYSE:MFA) Share Price

Headlines about MFA Financial (NYSE:MFA) have been trending positive recently, according to Accern. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. 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 media sentiment score of 0.26 on Accern’s scale. Accern also gave news headlines about the real estate investment trust an impact score of 46.8457132791938 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the media headlines that may have effected Accern Sentiment’s rankings:

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MFA Financial stock opened at $7.47 on Friday. MFA Financial has a 1 year low of $6.72 and a 1 year high of $8.90. The company has a market capitalization of $2,976.22, a PE ratio of 9.46 and a beta of 0.33.

MFA Financial (NYSE:MFA) last announced its earnings results on Thursday, February 15th. The real estate investment trust reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.04. MFA Financial had a net margin of 69.87% and a return on equity of 10.04%. The firm had revenue of $52.41 million for the quarter, compared to the consensus estimate of $76.10 million. During the same period in the prior year, the firm earned $0.18 EPS. sell-side analysts anticipate that MFA Financial will post 0.84 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, April 30th. Stockholders of record on Thursday, March 29th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 10.71%. The ex-dividend date is Wednesday, March 28th. MFA Financial’s payout ratio is 101.27%.

Several research analysts recently issued reports on the stock. Zacks Investment Research cut shares of MFA Financial from a “hold” rating to a “strong sell” rating in a report on Saturday, January 13th. B. Riley set a $8.00 target price on shares of MFA Financial and gave the company a “hold” rating in a research report on Friday, February 16th. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $8.81.

In other MFA Financial news, CEO Craig L. Knutson purchased 8,000 shares of MFA Financial stock in a transaction that occurred on Wednesday, February 21st. The stock was purchased at an average price of $7.30 per share, for a total transaction of $58,400.00. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.68% of the company’s stock.

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MFA Financial Company Profile

MFA Financial, Inc, through its subsidiaries, operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage assets, including non-agency mortgage-backed securities (MBS), agency MBS, residential whole loans, credit risk transfer securities, and mortgage servicing rights related assets.

Insider Buying and Selling by Quarter for MFA Financial (NYSE:MFA)

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