At the time of writing, MFA Financial Inc [MFA] stock is trading at $11.63, up 1.13%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MFA shares have gain 3.93% over the last week, with a monthly amount glided 7.39%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 29, February 2024, MFA Financial, Inc. Announces New Stock Repurchase and ATM Programs. In a post published today on Yahoo Finance, MFA Financial, Inc. (NYSE: MFA) (the “Company”) announced today that its Board of Directors has authorized a new $200 million stock repurchase program with respect to the Company’s common stock, which will be in effect through the end of 2025. The Company’s prior stock repurchase program, which was adopted in March 2022, had authorized the repurchase of up to $250 million of common stock and expired on December 31, 2023, with approximately $202.5 million remaining available at the date of expiration. The new stock repurchase program supersedes the prior stock repurchase program in its entirety.
From an analyst’s perspective:
MFA Financial Inc [NYSE: MFA] stock has seen the most recent analyst activity on December 13, 2023, when Keefe Bruyette upgraded its rating to a Outperform and also boosted its price target to $12 from $11.25. Previously, UBS started tracking the stock with Neutral rating on December 06, 2023, and set its price target to $12. Credit Suisse upgraded its rating to a Outperform but stick to its price target of $12.50 on January 09, 2023. Keefe Bruyette downgraded its rating to a Mkt Perform but $12.75 remained the price target by the analyst firm on July 18, 2022. Raymond James upgraded its rating to Outperform for this stock on December 08, 2021, but kept the price target unchanged to $5.25. In a note dated November 08, 2021, BTIG Research downgraded an Neutral rating on this stock.
For the past year, the stock price of MFA Financial Inc fluctuated between $8.41 and $11.90. Currently, Wall Street analysts expect the stock to reach $15.25 within the next 12 months. MFA Financial Inc [NYSE: MFA] shares were valued at $11.63 at the most recent close of the market. An investor can expect a potential return of 31.13% based on the average MFA price forecast.
Analyzing the MFA fundamentals
According to MFA Financial Inc [NYSE:MFA], the company’s sales were 669.66M for trailing twelve months, which represents an -14.75% plunge. Gross Profit Margin for this corporation currently stands at 1.42% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.51%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.09 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.63.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.52 points at the first support level, and at 11.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.71, and for the 2nd resistance point, it is at 11.80.
MFA Financial Inc [MFA] reported earnings per share of $0.49 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.38/share, meaning a difference of $0.11 and a surprise factor of 28.90%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.4 per share as compared to estimates of $0.35 per share, a difference of $0.05 representing a surprise of 14.30%.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.77, the price to book ratio is 0.62 and price to earnings (TTM) ratio is 28.32.
