MFA Financial (MFA) Earning Somewhat Favorable News Coverage, Study Finds
Media coverage about MFA Financial (NYSE:MFA) has trended somewhat positive on Tuesday, according to Accern. The research firm ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MFA Financial earned a news sentiment score of 0.23 on Accern’s scale. Accern also assigned news articles about the real estate investment trust an impact score of 46.6204098370988 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news articles that may have effected Accern’s scoring:
- Capital Z Partners Management Lowered Its Newstar Financial (NEWS) Position; Mfa Financial (MFA) Shorts Lowered … – Thorold News (whatsonthorold.com)
- Should Investors Take a Bite out of MFA Financial, Inc. (MFA)? – Economic News (economicsandmoney.com)
- Head to Head Review: Annaly Capital Management (NLY) and MFA Financial (MFA) (americanbankingnews.com)
- Mfa Financial Shares Up 31.4% Since SmarTrend’s Buy Recommendation (MFA) (mysmartrend.com)
- Granite Point Mortgage Trust (GPMT) & MFA Financial (MFA) Head to Head Comparison (americanbankingnews.com)
MFA Financial (MFA) opened at 8.74 on Tuesday. The company has a market capitalization of $3.46 billion, a P/E ratio of 11.02 and a beta of 0.72. The company has a 50-day moving average of $8.66 and a 200 day moving average of $8.31. MFA Financial has a 12-month low of $7.03 and a 12-month high of $8.90.
MFA Financial (NYSE:MFA) last issued its quarterly earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.20 EPS for the quarter, topping the consensus estimate of $0.18 by $0.02. The company had revenue of $61.14 million during the quarter, compared to analyst estimates of $68.91 million. MFA Financial had a net margin of 61.94% and a return on equity of 10.12%. The firm’s revenue was down 8.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.20 EPS. Equities research analysts forecast that MFA Financial will post $0.77 earnings per share for the current fiscal year.
A number of research firms have recently weighed in on MFA. Zacks Investment Research raised shares of MFA Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. Keefe, Bruyette & Woods reissued a “hold” rating and set a $8.50 target price on shares of MFA Financial in a research report on Friday, August 4th. Royal Bank Of Canada reissued a “buy” rating and set a $9.00 target price on shares of MFA Financial in a research report on Friday, August 4th. BidaskClub raised shares of MFA Financial from a “buy” rating to a “strong-buy” rating in a research report on Monday, June 19th. Finally, Wells Fargo & Company raised shares of MFA Financial from an “underperform” rating to a “market perform” rating in a research report on Monday, May 15th. Five research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. MFA Financial presently has an average rating of “Buy” and an average price target of $8.29.
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MFA Financial Company Profile
MFA Financial, Inc is engaged in the real estate finance business. The Company’s subsidiaries invest in residential mortgage assets, including Non-Agency mortgage-backed securities (MBS), Agency MBS, residential whole loans and credit risk transfer (CRT) securities. The Company’s Non-Agency MBS portfolio primarily consists of Legacy Non-Agency MBS and 3 Year Step-up securities.
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