MFA FINL INC/SH (MFA) Receives Consensus Rating of “Hold” from Analysts

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Shares of MFA FINL INC/SH (NYSE:MFA) have received a consensus recommendation of “Hold” from the six brokerages that are currently covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $7.92.

Separately, Zacks Investment Research downgraded shares of MFA FINL INC/SH from a “buy” rating to a “hold” rating in a report on Wednesday, January 9th.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Advisor Group Inc. increased its holdings in MFA FINL INC/SH by 3.5% in the 4th quarter. Advisor Group Inc. now owns 71,457 shares of the real estate investment trust’s stock worth $478,000 after buying an additional 2,431 shares during the period. Proffitt & Goodson Inc. purchased a new stake in MFA FINL INC/SH in the 1st quarter worth approximately $125,000. Red Cedar Capital LLC boosted its position in MFA FINL INC/SH by 0.9% in the 4th quarter. Red Cedar Capital LLC now owns 160,015 shares of the real estate investment trust’s stock worth $1,069,000 after purchasing an additional 1,500 shares in the last quarter. United Services Automobile Association boosted its position in MFA FINL INC/SH by 3.1% in the 4th quarter. United Services Automobile Association now owns 434,777 shares of the real estate investment trust’s stock worth $2,904,000 after purchasing an additional 13,140 shares in the last quarter. Finally, FMR LLC boosted its position in MFA FINL INC/SH by 8.5% in the 4th quarter. FMR LLC now owns 41,512,783 shares of the real estate investment trust’s stock worth $277,305,000 after purchasing an additional 3,243,649 shares in the last quarter. Hedge funds and other institutional investors own 81.32% of the company’s stock.

Shares of MFA traded up $0.02 during mid-day trading on Friday, hitting $7.43. 12,150 shares of the company traded hands, compared to its average volume of 2,193,842. MFA FINL INC/SH has a 1-year low of $6.40 and a 1-year high of $8.15. The company has a market cap of $3.35 billion, a P/E ratio of 10.93 and a beta of 0.51.

MFA FINL INC/SH (NYSE:MFA) last posted its quarterly earnings data on Thursday, February 21st. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.04). MFA FINL INC/SH had a net margin of 66.23% and a return on equity of 9.00%. The company had revenue of $61.80 million for the quarter, compared to analyst estimates of $64.10 million. During the same quarter last year, the company earned $0.24 EPS. On average, research analysts expect that MFA FINL INC/SH will post 0.74 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Friday, March 29th were issued a dividend of $0.20 per share. The ex-dividend date was Thursday, March 28th. This represents a $0.80 annualized dividend and a dividend yield of 10.77%. MFA FINL INC/SH’s dividend payout ratio (DPR) is currently 117.65%.

MFA FINL INC/SH 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.

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