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

MFA Financial, Inc. MFA-PC

Real Estate - REIT - Mortgage - NYSE - US

Watchlist

$ 24.54

-0.244 %

$ 1.13 B

Market Cap

21.16

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-PC stock under the base case scenario is HIDDEN Compared to the current market price of 24.5 USD, MFA Financial, Inc. is HIDDEN

MFA-PC Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart MFA-PC

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%

243 M REVENUE

Growth Rates

1Year 234.71%

3Years 47.04%

5Years 13.51%

7Years 8.99%

10Years 6.76%

182 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	299 M
Accounts Payable	30.8 M
Short-Term Debt	6.07 M
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	-93.5 M
Gross Profit	749 M
Operating Expenses	44.1 M
Operating Income	69.2 M
Other Expenses	-11 M
Net Income	80.2 M

RATIOS

114.26% GROSS MARGIN

Averages

1Year 114.26%

3Years 92.18%

5Years 108.74%

7Years 97.98%

10Years 93.40%

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-PC has no price targets from Wall Street.

4. DIVIDEND ANALYSIS

4.82% DIVIDEND YIELD

0.406 USD DIVIDEND PER SHARE

5. COMPETITION

0 USD

MFA-PB

Overvalued 100.00%

ARMOUR Residential REIT, Inc. invests in residential mortgage-backed securities (MBS) in the United States. The company's securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable-rate home loans, as well as unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments.

-5.09 USD

ARR-PC

Overvalued 122.40%

Annaly Capital Management, Inc., a diversified capital manager, engages in mortgage finance and corporate middle market lending. The company invests in agency mortgage-backed securities, mortgage servicing rights, Agency commercial mortgage-backed securities, non-Agency residential mortgage assets, residential mortgage loans, credit risk transfer securities, corporate debts, and other commercial real estate investments.

3.01 USD

NLY-PI

Overvalued 88.35%

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.

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
2 years ago Sep 14, 2022	Bought 24.6 K USD	Yarad Stephen D. Chief Financial Officer	+ 2275	10.8 USD
2 years ago Sep 15, 2022	Bought 32.2 K USD	Wulfsohn Bryan SVP & Co-Chief Invest. Ofcr	+ 3000	10.75 USD
2 years ago Sep 15, 2022	Bought 10.8 K USD	Roper Michael Charles SVP & Chief Accounting Ofcr	+ 1000	10.76 USD
2 years ago Jan 31, 2022	Bought 4.75 K USD	Roper Michael Charles SVP & Chief Accounting Ofcr	+ 260.5	18.24 USD
2 years ago Sep 14, 2022	Bought 26.7 K USD	Knutson Craig L CEO and President	+ 2471	10.81 USD
2 years ago Sep 14, 2022	Bought 25.1 K USD	JOSEPHS ROBIN Director	+ 2350	10.67 USD
3 years ago May 12, 2021	Sell 302 USD	Knutson Craig L Chief Exec Ofcr & Pres	- 72.805	4.15 USD
4 years ago Mar 12, 2020	Bought 90.2 K USD	FREYDBERG RONALD A Executive Vice President	+ 15000	6.01 USD
4 years ago Dec 04, 2019	Sell 190 K USD	JOSEPHS ROBIN Director	- 24805	7.65 USD
5 years ago Nov 11, 2019	Sell 522 K USD	Wulfsohn Bryan Sr. VP & Co-Chief Invest Off.	- 67700	7.71 USD
5 years ago Nov 12, 2019	Sell 170 K USD	Wulfsohn Bryan Sr. VP & Co-Chief Invest Off.	- 22000	7.72 USD
5 years ago Nov 12, 2019	Sell 220 K USD	Wulfsohn Bryan Sr. VP & Co-Chief Invest Off.	- 28500	7.71 USD
6 years ago Feb 21, 2018	Bought 300 K USD	Sorensen Gregory Director	+ 30000	10 USD
6 years ago Feb 21, 2018	Bought 115 K USD	Sorensen Gregory Director	+ 10000	11.5 USD
6 years ago Feb 21, 2018	Bought 15.9 K USD	Yarad Stephen D. Chief Financial Officer	+ 2176	7.29 USD
7 years ago Nov 06, 2017	Bought 156 K USD	FREYDBERG RONALD A Executive Vice President	+ 20000	7.78 USD

7. News

3 Picks For More Dividends At Big Discounts We've got 3 picks with dividend yields from 7.5% to 13.1%. Each share also has a significant discount to either projected current book value or to call value. seekingalpha.com - 2 years ago

8. Profile Summary

MFA Financial, Inc. MFA-PC

COUNTRY US

INDUSTRY REIT - Mortgage

MARKET CAP $ 1.13 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 Feb. 26, 2020

Employees 377

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

Price Chart MFA-PC

MFA Financial, Inc. MFA-PC

Premium Plan

Unlimited Plan