MFA Financial

MFA Financial, Inc. is a real estate investment trust. engages in the business of investment, on a leveraged basis, in residential mortgage assets including agency mortgage-backed securities, Non-Agency mortgage backed securities and residential whole loans. The company was founded by Stewart Zimmerman on July 24, 1997 and is headquartered in New York, NY.

Earnings data Q1 2021

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

MFA Financial reports resilient Q4 performance amidst market uncertainties

MFA Financial demonstrated resilience in managing funding costs and improving portfolio credit performance.
Executed proactive measures to navigate market challenges and emphasized high-quality credit investments.
Opportunities exist in optimizing asset acquisitions, managing NPL resolutions, and enhancing portfolio performance.
Despite challenges, MFA remains focused on growth and strategic financial management.

MFA Financial Overcomes Market Challenges, Sees Growth Opportunities Ahead

MFA Financial navigated through challenging market conditions in Q1 2023 to achieve positive economic returns and portfolio growth. Despite market headwinds, the company's securitization activities and credit performance remained robust, setting the stage for continued success and expansion.

MFA Financial excels in Q2 amidst interest rate challenges

MFA Financial's Q2 2023 performance showcased strength in net interest rate spread, distributable earnings, and portfolio credit quality. Despite challenges from the interest rate environment, the company navigated well and identified opportunities for growth and adaptation in the market.

MFA Financial overcomes market challenges, reports strong Q3 earnings

MFA Financial navigated a challenging quarter marked by market volatility but reported strong core earnings that exceeded expectations. The company's focus on credit performance and asset management remains key to its success.

MFA Financial reports robust Q4 performance amidst market volatility

MFA Financial's Q4 earnings call highlighted a successful quarter with strong financial performance, strategic acquisitions, and effective credit management.
The company faces challenges in addressing market volatility, analyst concerns, and optimizing certain product offerings, requiring careful navigation in the competitive landscape.
Despite challenges, MFA Financial has opportunities to leverage its strengths, drive portfolio growth, and enhance investor relations to sustain its positive momentum.

MFA Financial reports solid Q1 earnings, eyes growth opportunities

MFA Financial's Q1 2024 performance reflects stability and growth in distributable earnings and market presence.
While facing challenges in credit normalization and expense management, the company maintains a strong financial position.
Opportunities lie in portfolio expansion, securitization returns, and strategic capital allocation for future growth.

MFA Financial reports solid Q3 results, focuses on growth strategies

MFA Financial's Q3 performance showed steady growth in earnings and book value, supported by strategic acquisitions and securitization activities. While facing challenges in origination volume at Lima One, the company is actively addressing opportunities to enhance borrower outreach and optimize its portfolio.

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NEW YORK--(BUSINESS WIRE)--MFA Financial, Inc. (NYSE: MFA) (the “Company”) announced today that its Board of Directors has authorized a new $200 million stock repurchase program with respect to the Company's common stock, which will be in effect through the end of 2025. The Company's prior stock repurchase program, which was adopted in March 2022, had authorized the repurchase of up to $250 million of common stock and expired on December 31, 2023, with approximately $202.5 million remaining ava.

MFA Financial, Inc. Announces New Stock Repurchase and ATM Programs

MFA Financial (MFA) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.48 per share a year ago.

MFA Financial (MFA) Q4 Earnings and Revenues Top Estimates

NEW YORK--(BUSINESS WIRE)--MFA Financial, Inc. (NYSE:MFA) today provided its financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Results: MFA generated GAAP net income for the fourth quarter of $81.5 million, or $0.80 per basic and $0.76 per diluted common share. Distributable earnings, a non-GAAP financial measure, were $49.7 million, or $0.49 per common share. GAAP book value at December 31, 2023 was $13.98 per common share. Economic b.

MFA Financial, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--MFA Financial, Inc. (NYSE: MFA) (the “Company”) announced today that its Board of Directors has declared the payment of dividends on the Company's outstanding 7.50% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”) and 6.50% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”). In accordance with the terms of the Series B Preferred Stock, the Board of Directors has declared a preferred sto.

MFA Financial, Inc. Announces First Quarter Dividends on Series B Preferred Stock and Series C Preferred Stock

Ares Commercial Real Estate

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FS KKR Capital Corp

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PennyMac Mortgage Investment

Ready Capital Corp

Rithm Capital Corp

Two Harbors Investment

The Federal Reserve reimagined their goals to better match their chosen interest rate policy. Higher interest rates do not lead to a decrease in government spending. It would be cool if higher rates reduced deficits, but they don't. The free market is pretty good at responding to higher prices. It also responds to lower prices.

How The Federal Reserve Is Redefining Success

New York Mortgage Trust

Orchid Island Capital

Despite huge dividend yields, this sector is getting hammered. Shares could achieve this upside even without trading at Net Asset Value. Another peer already saw a similar recovery.

13% Dividend Yield And 39% Upside

AGNC Investment Corp - FXDFR PRF PERPETUAL USD 25 - Ser D 1/1000th int

AGNC Investment Corp. Deposit Shs Repr 1/1000th Cum Conv Red Pfd Registered Shs Series C

Sixth Street Specialty Lending

These fat dividends benefited from floating in one way or another. Many of them are more than 10%. Some shares start floating in 2024 or early 2025. Those shares aren't showing their floating yield yet, even though they will kick in soon. We also need to look at the change in valuations for some better companies.

How Floating Rate Shares Could Earn Over 10%

ARMOUR Residential REIT

Cherry Hill Mortgage

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AG Mortgage Investment Trust

High yield investors are focused on maintaining income. Many don't understand the scenario that would best support their income. We'll walk through the scenario for one popular kind of high yield investment.

Sweet Fantasy For High Dividend Yield Buyers

NEW YORK--(BUSINESS WIRE)--MFA Financial, Inc. (NYSE: MFA) plans to host a live audio webcast of its investor conference call on Thursday, February 22, 2024, at 11:00 a.m. (Eastern Time) to discuss its fourth quarter 2023 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 present.

MFA Financial, Inc. Plans Live Audio Webcast of Fourth Quarter 2023 Earnings Conference Call

CrowdStrike

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Shift4 Payments

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Invitae

Royal Caribbean Cruises

Carrols Restaurant Group

We have crafted a tree with the most flourishing stocks of 2023 and the ones that are poised to soar in 2024.

Pick These Top-Ranked Stocks to Deck Up Your Christmas Tree

ACRES Commercial Realty Corp.

Ladder Capital

High rates, credit spread volatility, spread widening and yield curve inversion challenge the Zacks REIT and Equity Trust industry. Amid this, LADR, MFA and ACR are poised to navigate industry hiccups.

3 mREIT Stocks to Buy Despite Unsettling Mortgage Market

NEW YORK--(BUSINESS WIRE)--MFA Financial, Inc. (NYSE: MFA) announced today that it has appointed Bryan Doran to the position of Chief Accounting Officer. In his new role, Mr. Doran will work closely with MFA's Chief Financial Officer, Michael Roper, to help oversee financial reporting and other accounting matters at the company. Mr. Doran, 43, has over 20 years of experience in the real estate industry, and joins MFA from Ernst & Young LLP where he was an audit partner in the Real Estate, H.

MFA Financial, Inc. Announces Appointment of Bryan Doran as Chief Accounting Officer

Solar Capital

One of our investments finally rallied into our neutral range. Shares were a strong buy frequently in the last several months. One position resulted in a 26.7% return. We're highlighting an alternative share with a better risk/reward profile. I also closed out one of my preferred share positions, resulting in a 21% return for about six months.

Dropping A 12.6% Dividend Yielder

Gladstone Investment

Triplepoint Venture Growth BDC

Mortgage REITs and BDCs had varying performances in Q3 2023, with agency mortgage REITs performing the worst and BDCs performing the best. Originator/servicer mREITs and RC outperformed their peers in terms of book value changes. Investors should focus on BDCs and preferred shares for long-term positions, as they generally have fewer dividend cuts.

BDCs Vs. MREITs: High-Yield Rumble

REITs experienced significant gains, outperforming other sectors. Investors are hesitant to own REITs during rising interest rates but don't want to miss out when rates fall. There's no time between rates falling and REITs rising. Lower interest rates can lead to higher profits and dividend growth for equity REITs, making them more attractive to income-seeking investors.

REITs To The Moon

MFA Financial, Inc. (NYSE:MFA ) Q3 2023 Earnings Conference Call November 7, 2022 11:00 AM ET Company Participants Harold Schwartz - SVP, General Counsel & Secretary Craig Knutson - President, CEO & Director Gudmundur Kristjansson - SVP & Co-CIO Michael Roper - SVP, CFO & CAO Bryan Wulfsohn - SVP & Co-CIO Conference Call Participants Bose George - KBW Steven Delaney - JMP Securities Stephen Laws - Raymond James & Associates Eric Hagen - BTIG Operator Ladies and gentlemen, thank you for standing by. Welcome to the MFA Third Quarter 2023 Earnings Conference Call.

MFA Financial, Inc. (MFA) Q3 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--MFA Financial, Inc. (NYSE:MFA) today provided its financial results for the third quarter ended September 30, 2023. Third Quarter 2023 financial results update: MFA generated a GAAP net loss for the third quarter of $64.7 million, or $0.64 per basic and diluted common share. Distributable earnings, a non-GAAP financial measure, were $41.1 million, or $0.40 per common share. MFA paid a regular cash dividend for the quarter of $0.35 per share on October 31, 2023. GAAP b.

MFA Financial, Inc. Announces Third Quarter 2023 Financial Results

Griffon

Office Properties Income Trust

MFA, GFF and OPI made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 24, 2023.

Best Income Stocks to Buy October 24th

NEW YORK--(BUSINESS WIRE)--MFA Financial, Inc. (NYSE: MFA) plans to host a live audio webcast of its investor conference call on Tuesday, November 7, 2023, at 11:00 a.m. (Eastern Time) to discuss its third quarter 2023 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 presentati.

MFA Financial, Inc. Plans Live Audio Webcast of Third Quarter 2023 Earnings Conference Call

Williams-Sonoma

MFA, GFF and WSM made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 11, 2023.

Best Income Stocks to Buy October 11th

Volatility in Treasuries is causing issues for analysts as it affects share prices and fundamentals. The market forecast for inflation has not changed significantly in the last six months, indicating belief that inflation is under control. Mortgage REITs are experiencing declines in book values, particularly agency mortgage REITs, due to interest rate risk.

Mortgage REIT Chaos

Arlington Asset Investment

MidCap Financial Investment Corp

PennantPark Floating Rate Capital

Prospect Capital

TCP Capital

Rising interest rates pose challenges for many REITs by impacting debt rollovers and investor alternatives. Higher rates will add around $2 billion to the national debt over the next decade. Even more if they create a recession. Apartment construction is declining, affecting rental unit supply and potentially leading to increased rental rates. Pretty obvious when you think about it.

Big Dividend Yields Going Higher, Dumb Debt, And Snark

NEW YORK--(BUSINESS WIRE)--MFA Financial, Inc. (NYSE: MFA) announced today that its Board of Directors has appointed Michael C. Roper as Chief Financial Officer effective at the close of business on September 15, 2023. Mr. Roper succeeds Stephen D. Yarad, who is resigning as MFA's Chief Financial Officer to become chief financial officer of another company. Mr. Roper, 36, who has held various accounting and financial reporting-related positions since joining MFA in 2014, has been Senior Vice Pr.

MFA Financial, Inc. Announces Appointment of Michael C. Roper as Chief Financial Officer

MFA Financial has a history of generating high yields, despite a recent dividend cut. The company's stock price has fallen significantly since a reverse stock split 70 weeks ago. Rising interest rates pose a risk to MFA Financial's profitability, but a steady interest rate could increase its net interest income and yield.

MFA Financial: A High-Yielding Mortgage REIT Started Generating Decent Price Growth

MFA Financial (MFA) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to loss of $1.06 per share a year ago.

MFA Financial (MFA) Q2 Earnings and Revenues Top Estimates

News for MFA Financial Stock (MFA)