MFA Financial (MFA) Earns Daily Media Impact Score of 0.18
Headlines about MFA Financial (NYSE:MFA) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MFA Financial earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave news articles about the real estate investment trust an impact score of 45.9954256802266 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Shares of MFA Financial (NYSE MFA) traded down $0.07 during trading on Tuesday, reaching $7.96. 2,286,261 shares of the company’s stock were exchanged, compared to its average volume of 2,153,667. The company has a market cap of $3,199.36, a price-to-earnings ratio of 11.04 and a beta of 0.66. MFA Financial has a 1-year low of $7.53 and a 1-year high of $8.90.
MFA Financial (NYSE:MFA) last announced its quarterly earnings results on Thursday, November 2nd. The real estate investment trust reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.03). The firm had revenue of $55.86 million during the quarter, compared to the consensus estimate of $71.13 million. MFA Financial had a return on equity of 9.33% and a net margin of 59.03%. MFA Financial’s revenue was down 13.5% on a year-over-year basis. During the same period last year, the business earned $0.21 EPS. analysts anticipate that MFA Financial will post 0.77 earnings per share for the current year.
A number of equities analysts recently commented on MFA shares. B. Riley reiterated a “neutral” rating on shares of MFA Financial in a research report on Friday, November 3rd. BidaskClub cut shares of MFA Financial from a “buy” rating to a “hold” rating in a research report on Saturday, October 7th. Zacks Investment Research lowered shares of MFA Financial from a “buy” rating to a “hold” rating in a report on Wednesday, October 25th. Royal Bank of Canada reissued a “buy” rating and issued a $9.00 price target on shares of MFA Financial in a report on Tuesday, November 7th. Finally, JMP Securities lowered shares of MFA Financial from an “outperform” rating to a “market perform” rating in a report on Friday, October 20th. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. MFA Financial currently has a consensus rating of “Hold” and a consensus price target of $9.08.
In other news, insider Ronald A. Freydberg purchased 20,000 shares of the business’s stock in a transaction on Monday, November 6th. The shares were acquired at an average price of $7.78 per share, with a total value of $155,600.00. Following the acquisition, the insider now directly owns 579,714 shares in the company, valued at $4,510,174.92. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.92% of the stock is owned by company insiders.
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About MFA Financial
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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