For its first fiscal quarter (ending March 31), MFA Financial Inc (NYSE: MFA) has reported a -78% decline in E.P.S. from $0.63 a year ago to $0.14 in the current quarter. This performance was $-0.28 short of the consensus estimate of $0.41. For the latest four quarters through March 31, E.P.S. were $-0.04 compared to $-1.07 a year ago.
Recent Price Action
MFA Financial Inc (NYSE: MFA) stock closed at $10.84 on 5/6/24 after a modest decline of -1.0%. Moreover, trading volume in this decline was above average at 140% of normal. The stock has risen 1.0% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
MFA’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
MFA Financial has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. MFA Financial has a slightly positive Power Rating of 62 and a good Appreciation Score of 79, and the Positive Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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