Is MFA stock worth buying?
MFA has been selling assets and using the proceeds to pay off repurchase agreements, but has only sold about 8% of the portfolio. MFA's forbearance agreement with its bankers ends on June 1. Buying MFA now is like buying a stock on the edge of bankruptcy. The stock may or may not be worth something.
Can MFA financial's dividend be sustained?
The dividend payout ratio of MFA Financial is 67.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, MFA Financial will have a dividend payout ratio of 84.62% in the coming year. This indicates that MFA Financial may not be able to sustain their current dividend.
What is going on with MFA?
The company does have some agency (i.e. government-guaranteed) exposure, but it is only about 11% of its assets. MFA has been beaten up even worse than the typical mREIT and is down 81% year to date. The company has gone into forbearance with its repo counterparties and suspended its dividend.
What happened to MMfA?
MFA has been beaten up even worse than the typical mREIT and is down 81% year to date. The company has gone into forbearance with its repo counterparties and suspended its dividend. Forbearance means the company has been unable to meet its margin calls and has agreed with its counterparties to hold off liquidating until a specified date.
Is MFA stock a good buy?
(NYSE: MFA) MFA FINANCIAL's forecast annual earnings growth rate of -49.12% is not forecast to beat the US REIT - Mortgage industry's average forecast earnings growth rate of -8.21%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 35.89%.
Will MFA stock go up?
Stock Price Forecast The 5 analysts offering 12-month price forecasts for MFA Financial Inc have a median target of 18.00, with a high estimate of 19.00 and a low estimate of 15.00. The median estimate represents a +29.22% increase from the last price of 13.93.
Is MFA stock safe?
MFA is probably a safe long-term investment now, but investors might find the much higher dividend yields of the agency REITs like AGNC and Annaly more appealing.
Did MFA do a reverse split?
(NYSE:MFA) did a reverse stock split in April that has affected its stock price, and investors are not happy with this decision. The company also reported a declining book value and economic book value in its first-quarter results, which were before the split.
Is MFA a buy or sell?
MFA Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
How often does MFA Financial pay dividends?
Dividend Summary There are typically 4 dividends per year (excluding specials). Our premium tools have predicted MFA Financial Inc with 45% accuracy. Sign up for MFA Financial Inc and we'll email you the dividend information when they declare.
Is MFA a good dividend stock?
Dividend Yield and Dividend History Highlights MFA reports a compound annual dividend growth rate of -0.26% over the past 5.5 years. MFA's compound annual growth rate of its cash flow over the past 5.5 years is -0.29% -- which is higher than about 3.34% stocks we're looking at.
What type of REIT is MFA?
MFA Financial is a self-advised REIT primarily engaged in the business of investing, on a leveraged basis, in residential mortgage-backed securities.
Is MFA Financial?
MFA Financial, Inc. is a real estate investment trust primarily engaged in the business of investing, on a leveraged basis, in residential mortgage assets, including residential mortgage-backed securities and residential whole loans.
Is a reverse split good?
Per-share price bumping is the primary reason why companies opt for reverse stock splits, and the associated ratios may range from 1-for-2 to as high as 1-for-100. Reverse stock splits do not impact a corporation's value, although they are usually a result of its stock having shed substantial value.
What is a reverse split on stocks?
A reverse stock split occurs when a publicly traded company divides the number of outstanding shares by a certain amount. This serves to decrease the number of outstanding shares and increase the price per share of those outstanding shares.
Will IVR reverse split?
(IVR) has announced a 1-for-10 reverse stock split. As a result of the reverse stock split, each IVR Common Share will be converted into the right to receive 0.10 (New) Invesco Mortgage Capital Inc. Common Shares. The reverse stock split will become effective before the market open on June 6, 2022.
Should I buy or sell MFA Financial stock right now?
3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MFA Financial in the last year. There are currently 1 hold rating...
What is MFA Financial's stock price forecast for 2022?
3 Wall Street analysts have issued 12-month target prices for MFA Financial's shares. Their forecasts range from $18.00 to $21.00. On average, they...
How has MFA Financial's stock price performed in 2022?
MFA Financial's stock was trading at $18.24 on January 1st, 2022. Since then, MFA shares have decreased by 27.4% and is now trading at $13.25. Vie...
Are investors shorting MFA Financial?
MFA Financial saw a increase in short interest in April. As of April 30th, there was short interest totaling 3,470,000 shares, an increase of 21.3%...
When is MFA Financial's next earnings date?
MFA Financial is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for MFA Fi...
How were MFA Financial's earnings last quarter?
MFA Financial, Inc. (NYSE:MFA) posted its earnings results on Wednesday, May, 4th. The real estate investment trust reported ($0.86) earnings per s...
How often does MFA Financial pay dividends? What is the dividend yield for MFA Financial?
MFA Financial announced a quarterly dividend on Friday, March 11th. Investors of record on Tuesday, March 22nd will be paid a dividend of $0.11 per...
Is MFA Financial a good dividend stock?
MFA Financial(NYSE:MFA) pays an annual dividend of $1.76 per share and currently has a dividend yield of 12.92%. MFA has a dividend yield higher th...
When did MFA Financial's stock split? How did MFA Financial's stock split work?
Shares of MFA Financial reverse split on Tuesday, April 5th 2022. The 1-4 reverse split was announced on Tuesday, April 5th 2022. The number of sha...
MFA Financial (MFA) Q4 2021 Earnings Call Transcript
MFA Financial (MFA) Q4 Earnings Miss Estimates
Ladies and gentlemen, thank you for standing by, and welcome to the MFA Financial, Inc. fourth quarter 2021 earnings call.
MFA Financial, Inc. Announces Fourth Quarter 2021 Financial Results
MFA Financial (MFA) delivered earnings and revenue surprises of -27.27% and 27.54%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
MFA Stock Overview
MFA Financial, Inc. (NYSE:MFA) today provided its financial results for the fourth quarter ended December 31, 2021.
Valuation
MFA Financial, Inc., through its subsidiaries, operates as a real estate investment trust (REIT) in the United States.
Future Growth
Is MFA Financial undervalued compared to its fair value and its price relative to the market?
Dividend
How is MFA Financial forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Management
What is MFA Financial current dividend yield, its reliability and sustainability?
Ownership
How experienced are the management team and are they aligned to shareholders interests?
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Margin calls have put the mortgage real estate investment trust into forbearance
I’ve been thinking about a post I read here recently. Basically, someone said they started buying stocks six months ago and have been in the red since until finally breaking even this week. As a beginner, it’s so difficult, because you’re excited and you understand the market returns 7-10% per year vs. nothing as cash.
What is a repurchase agreement?
Began my career as a trader for NYC hedge fund Elliott Management. Worked for Bear, Stearns in London as a trader, then became an analyst at several hedge funds. Currently CFO for a mortgage bank. Also author a daily blog on real estate called The Daily Tearsheet www.thedailytearsheet.com
Margin calls and forbearance
Pretty much every mortgage REIT has been hit by margin calls. The REITs that mainly invest in government-guaranteed mortgage-backed securities have been able to find a way to meet the margin calls, largely by selling investments. The ones like MFA have not been able to sell investments due to a lack of liquidity in the markets.
Not a suitable investment for the long-term investor
Unfortunately for the mortgage REIT sector, the value of the collateral (i.e. the $100 million worth of securities) began to depreciate. When it looks like the value of the collateral is in danger of falling below the value of the loan, the bank will ask for more collateral (usually cash).
