MFA Financial Inc (MFA) Shares Soar Above 1-Year High

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The stock of MFA Financial Inc (NYSE: MFA) has increased by 1.40 when compared to last closing price of 10.69. Despite this, the company has experienced a -1.81% fall in its stock price over the last five trading sessions. Business Wire reported 2024-04-10 that NEW YORK–(BUSINESS WIRE)–MFA Financial, Inc. (NYSE: MFA) plans to host a live audio webcast of its investor conference call on Monday, May 6, 2024, at 11:00 a.m. (Eastern Time) to discuss its first quarter 2024 financial results, which are scheduled to be announced earlier that day. The live audio webcast will be accessible to the general public over the internet at http://www.mfafinancial.com by clicking on the “Webcasts & Presentations” link on MFA’s home page. Earnings presentation mat.

Is It Worth Investing in MFA Financial Inc (NYSE: MFA) Right Now?

MFA Financial Inc (NYSE: MFA) has a higher price-to-earnings ratio of 26.40x compared to its average ratio. MFA has 36-month beta value of 2.14. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 0 as “sell.”

The public float for MFA is 100.97M, and currently, short sellers hold a 2.08% ratio of that float. The average trading volume of MFA on April 12, 2024 was 777.92K shares.

MFA’s Market Performance

The stock of MFA Financial Inc (MFA) has seen a -1.81% decrease in the past week, with a -4.91% drop in the past month, and a -5.90% fall in the past quarter. The volatility ratio for the week is 2.12%, and the volatility levels for the past 30 days are at 2.07% for MFA. The simple moving average for the past 20 days is -3.80% for MFA’s stock, with a 0.99% simple moving average for the past 200 days.

Analysts’ Opinion of MFA

Many brokerage firms have already submitted their reports for MFA stocks, with Keefe Bruyette repeating the rating for MFA by listing it as a “Outperform.” The predicted price for MFA in the upcoming period, according to Keefe Bruyette is $12 based on the research report published on December 13, 2023 of the previous year 2023.

UBS, on the other hand, stated in their research note that they expect to see MFA reach a price target of $12. The rating they have provided for MFA stocks is “Neutral” according to the report published on December 06th, 2023.

Wedbush gave a rating of “Outperform” to MFA, setting the target price at $12 in the report published on September 05th of the previous year.

MFA Trading at -2.42% from the 50-Day Moving Average

After a stumble in the market that brought MFA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.91% of loss for the given period.

Volatility was left at 2.07%, however, over the last 30 days, the volatility rate increased by 2.12%, as shares sank -5.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.08% lower at present.

During the last 5 trading sessions, MFA fell by -1.81%, which changed the moving average for the period of 200-days by -2.95% in comparison to the 20-day moving average, which settled at $11.24. In addition, MFA Financial Inc saw -3.82% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for MFA

Current profitability levels for the company are sitting at:

  • 0.22 for the present operating margin
  • 1.42 for the gross margin

The net margin for MFA Financial Inc stands at 0.51. The total capital return value is set at 0.01. Equity return is now at value 4.12, with 0.81 for asset returns.

Based on MFA Financial Inc (MFA), the company’s capital structure generated 0.72 points at debt to capital in total, while cash flow to debt ratio is standing at 0.02. The debt to equity ratio resting at 2.63. The interest coverage ratio of the stock is 0.23.

Currently, EBITDA for the company is 80.16 million with net debt to EBITDA at 61.83. When we switch over and look at the enterprise to sales, we see a ratio of 17.38. The receivables turnover for the company is 2.71for trailing twelve months and the total asset turnover is 0.03.

Conclusion

To put it simply, MFA Financial Inc (MFA) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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