MFA Financial (MFA) Projected to Post Quarterly Earnings on Wednesday

MFA Financial (NYSE:MFA - Get Free Report) is projected to release its earnings data 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. Persons interested in registering for the company's earnings conference call can do so using this link.

MFA Financial Price Performance

MFA stock traded down $0.02 during midday trading on Friday, reaching $10.66. 1,523,643 shares of the company's stock traded hands, compared to its average volume of 811,994. The business has a 50-day moving average price of $10.38 and a two-hundred day moving average price of $11.40. MFA Financial has a fifty-two week low of $9.36 and a fifty-two week high of $13.45. The company has a market capitalization of $1.09 billion, a P/E ratio of 6.70 and a beta of 2.11.

MFA Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st were given a dividend of $0.35 per share. The ex-dividend date was Tuesday, December 31st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 13.14%. MFA Financial's payout ratio is currently 88.05%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on MFA shares. Wedbush restated an "outperform" rating and issued a $15.00 price target on shares of MFA Financial in a research note on Thursday, November 7th. Janney Montgomery Scott started coverage on shares of MFA Financial in a research note on Thursday, January 2nd. They issued a "buy" rating and a $14.00 price target for the company. JMP Securities dropped their price target on shares of MFA Financial from $13.50 to $12.50 and set a "market outperform" rating for the company in a research note on Thursday, January 23rd. Finally, StockNews.com lowered shares of MFA Financial from a "buy" rating to a "hold" rating in a research note on Thursday, November 7th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price 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.