Real Estate - REIT - Mortgage - NYSE - US
$ 11.03
0.273 %
$ 1.13 B
Market Cap
6.81
P/E
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 stock under the base case scenario is HIDDEN Compared to the current market price of 11 USD, MFA Financial, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart MFA
FINANCIALS
656 M
REVENUE
69.2 M
OPERATING INCOME
80.2 M
NET INCOME
109 M
OPERATING CASH FLOW
-1.55 B
INVESTING CASH FLOW
1.43 B
FINANCING CASH FLOW
331 M
REVENUE
308 M
OPERATING INCOME
48.2 M
NET INCOME
-11.3 M
OPERATING CASH FLOW
89.9 M
INVESTING CASH FLOW
-117 M
FINANCING CASH FLOW
Balance Sheet Decomposition
MFA Financial, Inc.
| 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
10.55%
OPERATING MARGIN
12.23%
NET MARGIN
4.22%
ROE
0.74%
ROA
1.01%
ROIC
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 |
Wall Street Analysts Price Targets
MFA Financial, Inc.
Wall Street analysts predict an average 1-year price target for MFA of $14.6 , with forecasts ranging from a low of $12.5 to a high of $18 .
MFA Lowest Price Target
Wall Street Target
12.5 USD
13.33%
MFA Average Price Target
Wall Street Target
14.6 USD
32.22%
MFA Highest Price Target
Wall Street Target
18 USD
63.19%
4. DIVIDEND ANALYSIS
4.82%
DIVIDEND YIELD
0.35 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
MFA Financial, Inc.
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 |
|
2 years ago
May 27, 2022
|
Sell 21 K USD
|
Lin Mei
Sr. VP & Co-Controller |
- 1557
|
13.47 USD |
|
2 years ago
May 27, 2022
|
Sell 33.7 K USD
|
Lin Mei
Sr. VP & Co-Controller |
- 2500
|
13.48 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
Aug 07, 2020
|
Bought 46.9 K USD
|
Wulfsohn Bryan
Sr. VP and Co-CIO |
+ 17500
|
2.68 USD |
|
4 years ago
Aug 07, 2020
|
Bought 53.8 K USD
|
Wulfsohn Bryan
Sr. VP and Co-CIO |
+ 20000
|
2.69 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
Nov 08, 2018
|
Bought 99.4 K USD
|
JOSEPHS ROBIN
Director |
+ 14000
|
7.1 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 |
|
6 years ago
Feb 21, 2018
|
Bought 58.4 K USD
|
Knutson Craig L
CEO and President |
+ 8000
|
7.295 USD |
7. News
MFA Financial, Inc. (MFA) Q3 2024 Earnings Call Transcript
MFA Financial, Inc. (NYSE:MFA ) Q3 2024 Earnings Conference Call November 6, 2024 11:00 AM ET Company Participants Hal Schwartz - Senior Vice President-General Counsel & Secretary Craig Knutson - Chief Executive Officer Mike Roper - Chief Financial Officer Bryan Wulfsohn - President & Chief Investment Officer Conference Call Participants Doug Harter - UBS Eric Hagen - BTIG Bose George - KBW Operator And ladies and gentlemen, thank you for standing by. Welcome to the MFA Third Quarter 2024 Earnings Conference Call.
seekingalpha.com
- 1 week ago
MFA Financial (MFA) Q3 Earnings and Revenues Lag Estimates
MFA Financial (MFA) came out with quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.40 per share a year ago.
zacks.com
- 1 week ago
MFA Financial, Inc. Announces Third Quarter 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--MFA Financial, Inc. (NYSE:MFA) today provided its financial results for the third quarter ended September 30, 2024: MFA generated GAAP net income for the third quarter of $40.0 million, or $0.38 per basic common share and $0.37 per diluted common share. Distributable earnings, a non-GAAP financial measure, were $38.6 million, or $0.37 per basic common share. MFA paid a regular cash dividend of $0.35 per common share on October 31, 2024. GAAP book value at September 30.
businesswire.com
- 1 week ago
MFA Financial Gears Up to Report Q3 Earnings: What's in Store?
MFA's third-quarter 2024 results are likely to reflect the benefits of loan demand. Declines in earnings assets are expected to have offset growth.
zacks.com
- 1 week ago
3 Shares Yielding Over 9%
We've got three shares where big yields are offset by one flaw or another. I recently closed out my position in one of these shares for a gain of more than 40%. Great choice about 17 months ago. Not as great today. I'll include an alternative from my portfolio that still offers an attractive yield for investors.
seekingalpha.com
- 1 month ago
MFA Financial, Inc. Plans Live Audio Webcast of Third Quarter 2024 Earnings Conference Call
NEW YORK--(BUSINESS WIRE)--MFA Financial, Inc. (NYSE: MFA) plans to host a live audio webcast of its investor conference call on Wednesday, November 6, 2024, at 11:00 a.m. (Eastern Time) to discuss its third quarter 2024 financial results, which are scheduled to be announced earlier that day. The live audio webcast will be accessible to the general public over the internet at http://www.mfafinancial.com by clicking on the “Webcasts & Presentations” link on MFA's home page. Earnings presenta.
businesswire.com
- 1 month ago
MFA Financial: Gaining Strength After Rate Cuts
As a long-term investor in MFA Financial, I strongly believe now is an ideal time to buy shares. MFA is well-positioned to increase profits and maintain or even increase its dividend. The next catalysts to price movement are earnings on November 5th, a Fed rate cut, and an ex-dividend date in December.
seekingalpha.com
- 1 month ago
3 Affordable REITs to Buy with Dividends over 10%
With these REIT stocks trading under $20 a share, they have annual dividend yields over 10% which may certainly peak investors' interest.
zacks.com
- 1 month ago
The High Yield Desert
I frequently discuss high-yield sectors like mortgage REITs, BDCs, and preferred shares, emphasizing the importance of knowing when not to buy. Preferred shares have rallied above targets, reducing buying opportunities, while common shares offer higher risks. Some offer upside, but others mostly offer downside. I'll kick off the weekend by highlighting one with a high valuation, as investors pay top dollar for earnings that are about to melt away.
seekingalpha.com
- 1 month ago
MFA Financial, Inc. Announces Dividend of $0.35 per Share
NEW YORK--(BUSINESS WIRE)--MFA Financial, Inc. (NYSE: MFA) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.35 per share of common stock. The dividend will be paid on October 31, 2024, to common stockholders of record on September 27, 2024. MFA Financial, Inc. is a leading specialty finance company that invests in residential mortgage loans, residential mortgage-backed securities and other real estate assets. Through its wholly-owned subsidiary Li.
businesswire.com
- 2 months ago
MFA Financial (MFA) Upgraded to Strong Buy: What Does It Mean for the Stock?
MFA Financial (MFA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
zacks.com
- 2 months ago
MFA Financial, Inc. Names Bryan Wulfsohn President
NEW YORK--(BUSINESS WIRE)--MFA Financial, Inc. (NYSE: MFA, the “Company”), today announced that Bryan Wulfsohn, MFA's Co-Chief Investment Officer, will assume the additional role of President of the Company effective September 3, 2024. Mr. Wulfsohn is a 14-year veteran of MFA with extensive experience managing the selection, oversight and funding of the Company's investment portfolio. He will assume the role of President from Craig L. Knutson, the Company's Chief Executive Officer, who will rem.
businesswire.com
- 2 months ago
8. Profile Summary
MFA Financial, Inc. MFA
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
April 13, 1998
Employees
377
Officers
Mr. Bryan Wulfsohn CFA
President & Co-Chief Investment Officer
Mr. Bryan Doran
Senior Vice President & Chief Accounting Officer
Mr. Michael C. Roper
Senior Vice President & Chief Financial Officer
Mr. John W. Elliott
Senior Vice President & Chief Technology Officer
Ms. Mei Lin
Senior Vice President & Co-Controller
Ms. Natasha Seemungal
Senior Vice President & Co-Controller
Mr. Craig L. Knutson
Chief Executive Officer & Director