MFA Financial with ticker code (MFA) have now 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 5.5 and 4.5 with a mean TP of 4.96. Given that the stocks previous close was at 4.47 this now indicates there is a potential upside of 11.0%. There is a 50 day moving average of 4.53 while the 200 day moving average is 4.55. The market capitalisation for the company is $1,971m. Visit the company website at: https://www.mfafinancial.com
The potential market cap would be $2,187m based on the market concensus.
MFA Financial, through its subsidiaries, operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage assets, including non-agency mortgage-backed securities (MBS), agency MBS, and credit risk transfer securities; residential whole loans, including purchased performing loans, purchased credit deteriorated, and non-performing loans; and mortgage servicing rights related assets. The company has elected to be taxed as a REIT and would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders. MFA Financial was incorporated in 1997 and is headquartered in New York, New York.