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Tuesday, June 6, 2023

Investing In MFA Financial Inc. (NYSE: MFA): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for MFA Financial Inc. (MFA) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.12, or -1.10%, to $10.79. The MFA Financial Inc. has recorded 31,579 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed MFA Financial, Inc. Announces Second Quarter Dividends on Series B Preferred Stock and Series C Preferred Stock.

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Stocks Info

The company is listed on the NYSE and operates within the REIT – Mortgage industry segment. At the end of the last regular session, the stock closed at $10.91 and fluctuated between $11.14 as its day high and $10.81 as its day low. The current market capitalization of MFA Financial Inc. is $1.11B. A total of 1.43 million shares were traded on the day, compared to an average of 1.28M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, MFA has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 23 BUYs and 13 SELLs from insiders. Insiders purchased 101,511 shares during that period but sold 10,689,487.

In the most recent transaction, STARWOOD CAPITAL GROUP GLOBAL sold 10,188,539 shares of MFA for 10.07 per share on Jan 09. After the transaction, the 10% Owner now owns 0 company shares. In a previous transaction on Jan 06, STARWOOD CAPITAL GROUP GLOBAL sold 450,000 shares at 10.50 per share. MFA shares that 10% Owner owns now total 10,188,539.

Among the insiders who bought shares, Wulfsohn Bryan acquired of 3,000 shares on Sep 15 at a per-share price of $10.75. This resulted in the SVP & Co-Chief Invest. Ofcr holding 63,350 shares of MFA after the transaction. In another insider transaction, Roper Michael Charles bought 1,000 shares at $10.76 per share on Sep 15. Company shares held by the SVP & Chief Accounting Ofcr now total 15,208.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. MFA’s most recent ex-dividend date was 3/30/2023 when it declared a $0.35 quarterly dividend that was paid in cash on 4/28/2023. Previously, the company paid the dividend on 1/31/2023 with an ex-dividend date of 12/29/2022. The MFA stock dividend was $0.35 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for MFA in the last 3 months, the mean price target is $12.25 with high estimates of $13.00 and low estimates of $11.00. In terms of 52-week highs and lows, MFA has a high of $14.14 and a low of $7.15.

As of this writing, MFA has an earnings estimate of $0.51 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of $0.83 per share and a lower estimate of $0.2. The company reported an EPS of -$0.02 in the last quarter, which was -108.00% lower than expectations of $0.25.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $19.81, while its Total Shareholder’s Equity was $2.54B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MFA is Buy with a score of 3.75.

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