MFA Stock Summary and Trading Ideas (Mfa Finl | NYSE:MFA)

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.

Mfa Finl trades on the NYSE stock market under the symbol MFA.

As of November 18, 2024, MFA stock price was flat at $11.03 with 81,463 million shares trading.

MFA has a beta of 0.70, meaning it tends to be less sensitive to market movements. MFA has a correlation of 0.15 to the broad based SPY ETF.

MFA has a market cap of $1.13 billion. This is considered a Small Cap stock.

Last quarter Mfa Finl reported $51 million in Revenue and $.37 earnings per share. This fell short of revenue expectation by $-10 million and missed earnings estimates by -$.04.

In the last 3 years, MFA traded as high as $19.06 and as low as $7.15.

The top ETF exchange traded funds that MFA belongs to (by Net Assets): VTI, IWM, VB, VBR, VXF.

MFA has underperformed the market in the last year with a price return of +19.6% while the SPY ETF gained +32.2%. MFA has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -3.6% and -9.4%, respectively, while the SPY returned +6.6% and +2.9%, respectively.

MFA support price is $10.86 and resistance is $11.20 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MFA shares will trade within this expected range on the day.