As of Friday close, MFA Financial Inc.’s (NYSE:MFA) stock was up $0.07, moving up 0.69 percent to $10.27. The average number of shares traded per day over the past five days has been 624,480 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.36 fall in that time frame. In the last twenty days, the average volume was 878,860, while in the previous 50 days, it was 930,960.
Since last month, MFA stock retreated -10.54%. Shares of the company fell to $10.03 on 08/18/23, the lowest level in the past month. A 52-week high of $12.38 was reached on 02/02/23 after having rallying from a 52-week low of $7.15. Since the beginning of this year, MFA’s stock price has risen by 4.26% or $0.42, and marked a new high 14 times. However, the stock has declined by -17.04% since its 52-week high.
MFA stock investors should be aware that MFA Financial Inc. (MFA) stock had its last reported insider trading activity 222 days ago on Jan 09. STARWOOD CAPITAL GROUP GLOBAL, the 10% Owner of the company, disposed of 10,188,539 shares for $10.07 on Jan 09. It resulted in a $102,632,210 divestment by the insider. STARWOOD CAPITAL GROUP GLOBAL sold 450,000 shares at an average price of $10.50 on Jan 06. The insider now owns 10,188,539 shares following the transaction. On Sep 15, SVP & Co-Chief Invest. Ofcr Wulfsohn Bryan bought 3,000 shares at $10.75 apiece. The transaction was valued at $32,250.
Valuation Metrics
The stock’s beta is 1.99. Besides these, the trailing price-to-sales (P/S) ratio of 2.20, the price-to-book (PB) ratio of 0.54, and the price-to-cash flow ratio of 4.88 may also be considered.
The latest dividend of $0.35 per share was paid out, remained unchanged from last year’s $0.35. On Wednesday December 14 2022, a $0.09 dividend decrease was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 3.89, and the total debt-to-equity ratio was 3.89. On the profitability front, the trailing twelve-month gross margin is 26.60% percent. In the year ended June 29, operating margins totaled -0.30%. Based on annual data, MFA earned $317.79 million in gross profit and brought in $482.42 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -2.60%. Return on equity (ROE) for the past 12 months was -1.70%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected MFA Financial Inc. to report $0.34 quarterly earnings, the actual figure was $0.4 per share, beating the consensus estimate by 17.60%. During the quarter, the company generated $96.68 million in EBITDA. The value of shareholders’ equity is $101.92 million.
Technical Picture
This quick technical analysis looks at MFA Financial Inc.’s (MFA) price momentum. With a historical volatility rate of 11.37%, the RSI 9-day stood at 27.90% on 18 August.
With respect to its five-day moving average, the current MFA Financial Inc. price is down by -3.39% percent or -$0.36. At present, MFA shares trade -11.01% below its 20-day simple moving average and +5.99% percent above its 100-day simple moving average. However, the stock is currently trading approximately -8.55% below its SMA50 and +3.11% above its SMA200.
Stochastic coefficient K was 7.87% and Stochastic coefficient D was 5.87%, while ATR was 0.25. Given the Stochastic reading of 19.15% for the 14-day period, the RSI (14) reading has been calculated as 33.47%. As of today, the MACD Oscillator reading stands at -0.27, while the 14-day reading stands at -0.40.
Analyst Ratings
Credit Suisse upgraded its rating on MFA Financial Inc. (NYSE: MFA) to an Outperform in a note to investors on January 09, 2023. The analysts firm previously had a Neutral rating on the stock.MFA Financial Inc. (MFA) has been rated Overweight by analysts. According to 0 brokerage firms, MFA is a sell, and 3 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate MFA Financial Inc. stock as buy, with 2 recommending it as overweight.
With a median target price of $12.50, the current consensus forecast for the stock is $11.00 – $14.00. Based on these forecasts, analysts predict MFA Financial Inc. (MFA) will achieve an average price target of $12.55.
