The stock of MFA Financial Inc. (NYSE:MFA) decreased by -$0.05 on Friday to finish at $10.63, down -0.47 percent. The last five days have seen an average of 610,620 shares of common stock traded. 14 times new highs were reached in the current year, with a gain of $0.78. The average number of shares traded over the last 20 days was 890,110, while the average volume over the last 50 days totaled 979,144.
MFA stock dropped -7.81% since last month. On 08/03/23, the company’s shares reached a one-month low of $10.47. The stock touched a high of $12.38 on 02/02/23, after rallying from a low of $7.15 in 52 weeks. The price of MFA stock has risen by 7.92% or $0.78 this year, reaching a new high 14 times. Still, the stock price is down -14.14% from the 52-week high.
Insider Transactions
MFA stock investors should be aware that MFA Financial Inc. (MFA) stock had its last reported insider trading activity 217 days ago on Jan 09. On Jan 09, 10% Owner STARWOOD CAPITAL GROUP GLOBAL sold 10,188,539 shares at $10.07 each. This transaction resulted in the insider making $102,632,210. On Jan 06, STARWOOD CAPITAL GROUP GLOBAL sold 450,000 shares at a price of US$10.50. After the transaction, the insider now owns 10,188,539 shares. SVP & Co-Chief Invest. Ofcr Wulfsohn Bryan had earlier bought 3,000 shares on Sep 15 for $10.75 a share. The transaction was completed for $32,250.
Valuation Metrics
Beta for the stock is 1.99. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 2.27, the price-to-book (PB) ratio of 0.56, and the price-to-cash flow ratio of 5.05.
Company paid $0.35 per share in dividends, remained unchanged from $0.35 last year. A $0.09 dividend decrease was reported on Wednesday December 14 2022.
Financial Health
The company’s long-term debt to equity ratio for the quarter ending June 29 is 3.89, and the total debt to equity ratio is 3.89. As far as profitability goes, gross margin for the trailing twelve months is 26.60% percent. MFA Financial Inc.’s operating margin stood at -0.30% for the same period. Based on annual data, it had gross profit of $317.79 million and revenue of $482.42 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. MFA’s return on assets (ROA) during the last 12 months has been -0.40%. There was a -2.60% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -1.70%.
Earnings Surprise
According to MFA Financial Inc.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. It was predicted that MFA Financial Inc.’s quarterly earnings would be $0.4, but it ended up being $0.34, beating the consensus by 17.60%. EBITDA was $96.68 million for the quarter. At the end of MFA Financial Inc.’s most recent quarter ended June 29, its total debt was $7.61 billion. Equity owned by shareholders amounts to $101.92 million.
Technical Picture
Here’s a quick look at MFA Financial Inc.’s (MFA) price momentum from a technical perspective. As of 11 August, the RSI 9-day stood at 33.63%, suggesting the stock is Neutral, with a 39.13% historical volatility rate.
The stochastic %K and %D were 18.42% and 24.00% respectively, while the average true range (ATR) was 0.27. Based on the 14-day stochastic reading of 11.64%, the RSI (14) reading is 38.60%. On the 9-day MACD Oscillator, the stock is at -0.13, and the 14-day reading is at -0.36.
Analyst Ratings
In its most recent analyst report, Credit Suisse raised its rating on MFA Financial Inc. (NYSE: MFA) to an Outperform. Prior to this, analysts firm rated the stock as a Neutral. Analysts have assigned MFA Financial Inc. (MFA) an Overweight rating. MFA is a stock that is recommended for selling by 0 brokerage firms, while 3 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 2 others recommend it as a buy.
What is MFA’s price target for the next 12 months?
The current consensus forecast for the stock is between $11.00 and $14.00, with a median target price of $12.50. In analyzing these forecasts, the average price target given by analysts for MFA Financial Inc. (MFA) is $12.55.
