MFA Financial with ticker code (MFA) now have 5 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 19 and 15 calculating the average target price we see 16.85. With the stocks previous close at 11.41 this now indicates there is a potential upside of 47.7%. There is a 50 day moving average of 12.9 and the 200 day MA is 16.37. The company has a market capitalisation of $1,144m. You can visit the company’s website by visiting: https://www.mfafinancial.com
The potential market cap would be $1,690m 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.
