MFA Financial found using ticker (MFA) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 13.5 and 10 calculating the average target price we see 11.7. Given that the stocks previous close was at 10.21 this is indicating there is a potential upside of 14.6%. The 50 day moving average now sits at 9.52 while the 200 day moving average is 12.91. The market capitalisation for the company is $1,031m. Company Website: https://www.mfafinancial.com
The potential market cap would be $1,182m based on the market concensus.
MFA Financial, together with 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.
