MFA - NYSE

MFA Financial, Inc.

MFA Financial, Inc.

MFAยทNYSE

$9.15

-3.4%
Real EstateREIT - Mortgage

MFA Financial, Inc., together with 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, 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. The company has elected to be taxed as a REIT and would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders. MFA Financial, Inc. was incorporated in 1997 and is headquartered in New York, New York.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$934.16M
EPS1.7100
P/E Ratio5.35
Earnings Date07/30/2026
MFA Financial, Inc.

MFA Financial, Inc. Fair Value Envelope

MFA ยท NYSE

Our analysis suggests that MFA has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $9.15, this represents a potential HIDDEN relative to our calculated worth for MFA Financial, Inc..

HIDDEN
Intrinsic Value
Current Price: $9.15

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$66.3M
+ Cash & Equivalents$213.2M
Firm Value$279.5M
- Debt$11.0B
Equity Value-$10.7B
/ Shares Outstanding102,200,937B
DCF Value-$105
OVERVALUED BY 1246%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$38.1M
$19.1M
$9.5M
$4.8M
$2.4M
$1.2M
$595.7K
$297.8K
$148.9K
$74.5K
Maintenance CapEx
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
Owner Earnings
$38.1M
$19.1M
$9.5M
$4.8M
$2.4M
$1.2M
$595.7K
$297.8K
$148.9K
$74.5K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$35.3M
$16.3M
$7.6M
$3.5M
$1.6M
$750.7K
$347.6K
$160.9K
$74.5K
$34.5K
Terminal Value represents 0.9% of Enterprise Value

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Snapshot

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2

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3

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4

Earnings Call

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5

Dividends

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6

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