MFA Financial (MFA) Projected to Post Earnings on Wednesday

MFA Financial (NYSE:MFA) is expected to be posting its quarterly earnings results before the market opens on Wednesday, February 19th. Analysts expect MFA Financial to post earnings of $0.40 per share and revenue of $56.57 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

MFA Financial Stock Performance

Shares of MFA opened at $10.78 on Wednesday. The company’s fifty day moving average is $10.40 and its 200 day moving average is $11.41. MFA Financial has a fifty-two week low of $9.36 and a fifty-two week high of $13.45. The stock has a market capitalization of $1.10 billion, a PE ratio of 6.78 and a beta of 2.11.

MFA Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st were issued a $0.35 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 12.99%. MFA Financial’s dividend payout ratio (DPR) is presently 88.05%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on MFA shares. Janney Montgomery Scott started coverage on MFA Financial in a research note on Thursday, January 2nd. They set a “buy” rating and a $14.00 price objective on the stock. StockNews.com downgraded MFA Financial from a “buy” rating to a “hold” rating in a research report on Thursday, November 7th. Wedbush reissued an “outperform” rating and set a $15.00 target price on shares of MFA Financial in a research report on Thursday, November 7th. Finally, JMP Securities cut their price objective on shares of MFA Financial from $13.50 to $12.50 and set a “market outperform” rating on the stock in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $13.80.

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.