MFA Financial with ticker code (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 15.5 and 13 with the average target price sitting at 14.35. Now with the previous closing price of 8.86 this would imply there is a potential upside of 62.0%. The day 50 moving average is 11.3 and the 200 day moving average is 14.31. The market capitalisation for the company is $920m. Find out more information at: https://www.mfafinancial.com
The potential market cap would be $1,490m 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.
