MFA Financial, Inc. (NYSE:MFA-PB)

MFA Financial, Inc. MFA-PB

Real Estate - REIT - Mortgage - NYSE - US

Watchlist

$ 22.25

-0.447 %

$ 1.12 B

Market Cap

19.18

P/E

1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one MFA-PB stock under the base case scenario is HIDDEN Compared to the current market price of 22.2 USD, MFA Financial, Inc. is HIDDEN

MFA-PB Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart MFA-PB

FINANCIALS

Annual
Quarterly

656 M REVENUE

Growth Rates

1Year 234.71%

3Years 47.04%

5Years 13.51%

7Years 8.99%

10Years 6.76%

69.2 M OPERATING INCOME

Growth Rates

1Year 127.41%

3Years 28.09%

5Years -33.55%

7Years -4.15%

10Years -17.38%

80.2 M NET INCOME

Growth Rates

1Year 134.62%

3Years 28.42%

5Years -23.29%

7Years -17.67%

10Years -12.44%

109 M OPERATING CASH FLOW

Growth Rates

1Year -70.30%

3Years 41.48%

5Years -5.96%

7Years 3.49%

10Years -9.59%

-1.55 B INVESTING CASH FLOW

Growth Rates

1Year -37.54%

3Years -7.51%

5Years 6.41%

7Years -14.04%

10Years -7.01%

1.43 B FINANCING CASH FLOW

Growth Rates

1Year 68.78%

3Years 31.04%

5Years -2.58%

7Years 19.16%

10Years 10.95%

331 M REVENUE

Growth Rates

1Year 234.71%

3Years 47.04%

5Years 13.51%

7Years 8.99%

10Years 6.76%

308 M OPERATING INCOME

Growth Rates

1Year 127.41%

3Years 28.09%

5Years -33.55%

7Years -4.15%

10Years -17.38%

48.2 M NET INCOME

Growth Rates

1Year 134.62%

3Years 28.42%

5Years -23.29%

7Years -17.67%

10Years -12.44%

-11.3 M OPERATING CASH FLOW

Growth Rates

1Year -70.30%

3Years 41.48%

5Years -5.96%

7Years 3.49%

10Years -9.59%

89.9 M INVESTING CASH FLOW

Growth Rates

1Year -37.54%

3Years -7.51%

5Years 6.41%

7Years -14.04%

10Years -7.01%

-117 M FINANCING CASH FLOW

Growth Rates

1Year 68.78%

3Years 31.04%

5Years -2.58%

7Years 19.16%

10Years 10.95%

Balance Sheet Decomposition MFA Financial, Inc.

10.8 B ASSETS
8.87 B LIABILITIES

Current Assets	441 M
Cash & Short-Term Investments	318 M
Receivables	123 M
Other Current Assets	0
Non-Current Assets	873 M
Long-Term Investments	766 M
PP&E	37.8 M
Other Non-Current Assets	69.1 M

Current Liabilities	292 M
Accounts Payable	30.8 M
Short-Term Debt	0
Other Current Liabilities	262 M
Non-Current Liabilities	5 B
Long-Term Debt	5 B
Other Non-Current Liabilities	0

EFFICIENCY

Earnings Waterfall MFA Financial, Inc.

Revenue	656 M
Cost Of Revenue	34.1 M
Gross Profit	621 M
Operating Expenses	131 M
Operating Income	69.2 M
Other Expenses	-11 M
Net Income	80.2 M

RATIOS

94.79% GROSS MARGIN

Averages

1Year 94.79%

3Years 85.69%

5Years 104.84%

7Years 95.20%

10Years 91.45%

10.55% OPERATING MARGIN

Averages

1Year 10.55%

3Years -6.92%

5Years 37.85%

7Years 51.80%

10Years 42.11%

12.23% NET MARGIN

Averages

1Year 12.23%

3Years -5.51%

5Years 38.69%

7Years 52.38%

10Years 62.92%

4.22% ROE

Averages

1Year 4.22%

3Years 1.57%

5Years -2.20%

7Years 1.10%

10Years 3.83%

0.74% ROA

Averages

1Year 0.74%

3Years 0.54%

5Years -1.08%

7Years -0.00%

10Years 0.74%

1.01% ROIC

Averages

1Year 1.01%

3Years -2.37%

5Years 0.62%

7Years 2.14%

10Years 1.29%

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis MFA Financial, Inc.

Net Income	80.2 M
Depreciation & Amortization	4.2 M
Capital Expenditures	0
Stock-Based Compensation	15.6 M
Change in Working Capital	-18 M
Others	8.75 M
Free Cash Flow	109 M

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets MFA Financial, Inc.

MFA-PB has no price targets from Wall Street.

4. DIVIDEND ANALYSIS

4.82% DIVIDEND YIELD

0.469 USD DIVIDEND PER SHARE

5. COMPETITION

Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and other financial assets in the United States.

-11.6 USD

TWO-PA

Overvalued 147.09%

Invesco Mortgage Capital Inc. operates as a real estate investment trust (REIT) that primarily focuses on investing in, financing, and managing mortgage-backed securities and other mortgage-related assets.

0.0117 USD

IVR-PC

Overvalued 99.95%

Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of residential, commercial mortgage loans, and other real estate related securities.

PennyMac Mortgage Investment Trust, a specialty finance company, primarily invests in mortgage-related assets in the United States. The company's Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, distressed loans, real estate, and non-agency subordinated bonds.

Two Harbors Investment Corp. invests in, finances, and manages mortgage servicing rights (MSRs), agency residential mortgage-backed securities (RMBS), and other financial assets through RoundPoint in the United States.

6. Ownership

Insider Ownership MFA Financial, Inc.

Summary
Transactions

Sold

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

0 USD 0

Bought

0 USD 0

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price
1 year ago Jan 06, 2023	Sell 4.72 M USD	STARWOOD CAPITAL GROUP GLOBAL II, L.P. Director	- 450000	10.4957 USD
1 year ago Jan 09, 2023	Sell 103 M USD	STARWOOD CAPITAL GROUP GLOBAL II, L.P. Director	- 10188539	10.0733 USD
6 years ago Feb 21, 2018	Bought 58.4 K USD	Knutson Craig L CEO and President	+ 8000	7.295 USD

7. News

8. Profile Summary

MFA Financial, Inc. MFA-PB

COUNTRY US

INDUSTRY REIT - Mortgage

MARKET CAP $ 1.12 B

Dividend Yield 4.82%

Description 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.

Contact One Vanderbilt Avenue, New York, NY, 10017 https://www.mfafinancial.com

IPO Date April 10, 2013

Employees 377

Officers Mr. Michael C. Roper Senior Vice President & Chief Financial Officer Ms. Natasha Seemungal Senior Vice President & Co-Controller Mr. Craig L. Knutson Chief Executive Officer & Director Mr. Bryan Doran Senior Vice President & Chief Accounting Officer Mr. John W. Elliott Senior Vice President & Chief Technology Officer Mr. Bryan Wulfsohn CFA President & Co-Chief Investment Officer Ms. Mei Lin Senior Vice President & Co-Controller

Price Chart MFA-PB

MFA Financial, Inc. MFA-PB

Premium Plan

Unlimited Plan