MFA Financial
About: MFA Financial Inc is a specialty finance company that invests in and finances residential mortgage assets. Its principal business objective is to deliver shareholder value through the generation of distributable income and through asset performance linked to residential mortgage credit fundamentals. The company selectively invests in residential mortgage assets with a focus on credit analysis, projected prepayment rates, interest rate sensitivity and expected return. The company is an internally managed real estate investment trust or REIT.
Employees: 377
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
67% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 42
44.91% more ownership
Funds ownership: 16.52% [Q1] → 61.43% (+44.91%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
4% less capital invested
Capital invested by funds: $699M [Q1] → $668M (-$30.9M) [Q2]
3% less funds holding
Funds holding: 174 [Q1] → 168 (-6) [Q2]
17% less call options, than puts
Call options by funds: $2.98M | Put options by funds: $3.6M
22% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 27
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Raymond James Stephen Laws 57% 1-year accuracy 12 / 21 met price target | 19%upside $14.50 | Outperform Maintained | 19 Sept 2024 |
JMP Securities Trevor Cranston 76% 1-year accuracy 16 / 21 met price target | 11%upside $13.50 | Market Outperform Maintained | 6 Sept 2024 |
Wedbush Jay McCanless 60% 1-year accuracy 33 / 55 met price target | 15%upside $14 | Outperform Maintained | 9 Aug 2024 |
Keefe, Bruyette & Woods Bose George 88% 1-year accuracy 21 / 24 met price target | 7%upside $13 | Outperform Maintained | 9 Aug 2024 |
Financial journalist opinion
Based on 5 articles about MFA published over the past 30 days