News coverage about MFA Financial (NYSE:MFA) has been trending positive this week, Alpha One reports. Alpha One, a division of Accern, identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. MFA Financial earned a media sentiment score of 0.31 on Alpha One’s scale. Alpha One also gave press coverage about the real estate investment trust an impact score of 41 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Alpha One’s analysis:
- Comparable Company Analysis: MFA Financial, Inc. (NYSE:MFA), Cousins Properties Incorporated ((NYSE:CUZ) – AllStockNews (allstocknews.com)
- MFA Financial, Inc. to Participate in JMP Securities Financial Services and … (prnewswire.com)
- MFA Financial, Inc. to Participate in JMP Securities Financial Services and Real Estate Conference (finance.yahoo.com)
- I Tried To Buy This 7.87% Yield And Failed – Seeking Alpha (seekingalpha.com)
- MFA Financial, Inc. (MFA) Raised to “Buy” at BidaskClub (americanbankingnews.com)
MFA Financial (MFA) traded up 0.47% during midday trading on Friday, hitting $8.58. 6,999,207 shares of the stock were exchanged. MFA Financial has a 1-year low of $6.83 and a 1-year high of $8.59. The firm has a market capitalization of $3.20 billion, a P/E ratio of 10.77 and a beta of 0.72. The firm’s 50-day moving average price is $8.26 and its 200 day moving average price is $8.03.
MFA Financial (NYSE:MFA) last released its earnings results on Thursday, May 4th. The real estate investment trust reported $0.20 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.01. MFA Financial had a net margin of 61.22% and a return on equity of 10.36%. The firm had revenue of $66.91 million during the quarter, compared to the consensus estimate of $65.97 million. During the same period in the prior year, the firm earned $0.20 EPS. The company’s revenue was down 4.2% compared to the same quarter last year. Analysts expect that MFA Financial will post $0.74 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 28th. Investors of record on Thursday, June 29th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 9.32%. The ex-dividend date of this dividend is Tuesday, June 27th. MFA Financial’s dividend payout ratio (DPR) is presently 102.57%.
A number of equities research analysts have recently issued reports on MFA shares. Zacks Investment Research upgraded MFA Financial from a “hold” rating to a “strong-buy” rating and set a $9.25 price objective for the company in a report on Tuesday, February 21st. Keefe, Bruyette & Woods restated a “hold” rating and set a $8.00 price objective on shares of MFA Financial in a report on Thursday, April 6th. Royal Bank Of Canada restated a “buy” rating and set a $9.00 price objective on shares of MFA Financial in a report on Friday, May 5th. Finally, Wells Fargo & Company upgraded MFA Financial from an “underperform” rating to a “market perform” rating in a report on Monday, May 8th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company’s stock. MFA Financial has a consensus rating of “Hold” and a consensus target price of $8.11.
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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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