MFA Financial with ticker code (MFA) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 17 and 13.25 with a mean TP of 15.05. Given that the stocks previous close was at 12 this is indicating there is a potential upside of 25.4%. The 50 day moving average now sits at 11.89 while the 200 day moving average is 15.51. The company has a market capitalisation of $1,231m. Company Website: https://www.mfafinancial.com
The potential market cap would be $1,543m 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.
