MFA Financial (NYSE:MFA - Get Free Report) is set to release its earnings data before the market opens on Wednesday, November 6th. Analysts expect MFA Financial to post earnings of $0.37 per share for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.
MFA Financial Stock Up 0.9 %
Shares of MFA traded up $0.12 during trading hours on Wednesday, hitting $12.60. The company had a trading volume of 883,128 shares, compared to its average volume of 723,274. The firm has a market cap of $1.29 billion, a price-to-earnings ratio of -156.06 and a beta of 2.16. The business has a fifty day moving average of $12.46 and a 200-day moving average of $11.45. MFA Financial has a 12 month low of $8.72 and a 12 month high of $13.45.
MFA Financial Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Friday, September 27th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $1.40 annualized dividend and a dividend yield of 11.12%. MFA Financial's dividend payout ratio (DPR) is presently -1,750.00%.
Wall Street Analyst Weigh In
Several equities analysts recently commented on the stock. Raymond James upped their price target on shares of MFA Financial from $13.00 to $14.50 and gave the company an "outperform" rating in a research note on Thursday, September 19th. Wedbush upped their price target on shares of MFA Financial from $13.00 to $14.00 and gave the company an "outperform" rating in a research note on Friday, August 9th. Keefe, Bruyette & Woods upped their price target on shares of MFA Financial from $12.00 to $13.00 and gave the company an "outperform" rating in a research note on Friday, August 9th. StockNews.com upgraded shares of MFA Financial from a "hold" rating to a "buy" rating in a research note on Friday, August 9th. Finally, JMP Securities increased their price objective on shares of MFA Financial from $12.50 to $13.50 and gave the stock a "market outperform" rating in a research note on Friday, September 6th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $13.40.
View Our Latest Stock Analysis on MFA
MFA Financial Company Profile
(
Get Free Report)
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.
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