Wall Street analysts’ outlook for MFA Financial Inc (MFA)

With 0.62 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.76 million shares. During the session, the REIT – Mortgage company that operates in wider Real Estate sector, reached to the highest price of $10.415 whereas the lowest price it dropped to was $10.25. The 52-week range on MFA shows that it touched its highest point at $11.90 and its lowest point at $8.41 during that stretch. It currently has a 1-year price target of $12.17. With its current market cap of 1.05 billion, MFA has annualized dividend of $1.40 while the current yield stands at 13.62%. Beta for the stock currently stands at 2.14.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MFA was down-trending over the past week, with a drop of -5.17%, but this was down by -9.43% over a month. Three-month performance dropped to -9.67% while six-month performance rose 10.54%. The stock gained 3.01% in the past year, while it has lost -8.78% so far this year. A look at the trailing 12-month EPS for MFA yields 0.41 with Next year EPS estimates of 1.50. For the next quarter, that number is 0.35. This implies an EPS growth rate of 208.80% for this year and 5.35% for next year.

Float and Shares Shorts:

At present, 101.92 million MFA shares are outstanding with a float of 100.97 million shares on hand for trading. On 2024-03-28, short shares totaled 2.1 million, which was 205.99999000000003 higher than short shares on 1709164800. In addition to Mr. Craig L. Knutson as the firm’s President, CEO & Director, Mr. Gudmundur Kristjansson serves as its Senior VP & Co-Chief Investment Officer.

Institutional Ownership:

Through their ownership of 0.63484 of MFA’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MFA since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.