MFA FINL INC/SH (NYSE:MFA) is set to issue its quarterly earnings data before the market opens on Wednesday, August 7th. Analysts expect the company to announce earnings of $0.19 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.
MFA FINL INC/SH (NYSE:MFA) last released its quarterly earnings data on Tuesday, May 7th. The real estate investment trust reported $0.17 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.01). MFA FINL INC/SH had a net margin of 62.34% and a return on equity of 8.83%. The business had revenue of $61.93 million for the quarter, compared to the consensus estimate of $60.20 million. During the same quarter last year, the business earned $0.20 EPS. MFA FINL INC/SH’s revenue for the quarter was up 16.4% compared to the same quarter last year. On average, analysts expect MFA FINL INC/SH to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
MFA stock opened at $6.94 on Tuesday. MFA FINL INC/SH has a 52 week low of $6.40 and a 52 week high of $7.82. The company’s fifty day simple moving average is $7.21. The company has a market capitalization of $3.18 billion, a price-to-earnings ratio of 10.21 and a beta of 0.54.
MFA has been the subject of several research reports. Keefe, Bruyette & Woods upgraded shares of MFA FINL INC/SH from a “market perform” rating to an “outperform” rating and set a $8.00 price objective for the company in a research report on Thursday, May 16th. Zacks Investment Research upgraded shares of MFA FINL INC/SH from a “sell” rating to a “hold” rating in a research report on Friday. Finally, JMP Securities lowered shares of MFA FINL INC/SH from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 7th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $7.83.
About MFA FINL INC/SH
MFA Financial, Inc, through its subsidiaries, operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage assets, including non-agency mortgage-backed securities (MBS), agency MBS, residential whole loans, credit risk transfer securities, and mortgage servicing rights related assets.
Further Reading: What is a growth and income fund?
Receive News & Ratings for MFA FINL INC/SH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MFA FINL INC/SH and related companies with MarketBeat.com's FREE daily email newsletter.