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MFA

11.14USD-0.05(-0.45%)Market Closed

MFA Financial Inc

Market Summary

USD11.14-0.05Market Closed
-0.45%

MFA Stock Price

RSI Chart

Valuation

Market Cap

1.0B

Price/Earnings

-153.63

Price/Sales

2.47

Price/Cashflow

4.37

Price/Sales

Profitability

Return on Equity

-0.31%

Return on Assets

-0.07%

Fundamentals

Revenue

Revenue (TTM)

412.4M

Revenue Y/Y

29.33%

Revenue Q/Q

2.79%

Earnings

Earnings (TTM)

-6.6M

Earnings Y/Y

-250.44%

Earnings Q/Q

-21.06%

Price Action

52 Week Range

7.1516.82
(Low)(High)

Last 7 days

0.3%

Last 30 days

14.6%

Last 90 days

10.1%

Trailing 12 Months

-28.2%

Financial Health

Investor Care

Dividend Yield

16.77%

Dividend/Share (TTM)

1.68

Buy Backs (1Y)

7.63%

Diluted EPS (TTM)

-0.48

Peers (Alternatives to MFA Financial)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
152.0B
20.0B
4.76% 4.07%
24.13
7.98
11.04% 25.60%
116.7B
44.1B
8.80% 0.14%
7.21
2.64
-11.77% -19.89%
112.4B
41.6B
9.23% 1.28%
14.67
2.7
29.77% -1.52%
100.1B
18.6B
11.61% -20.97%
17.14
5.16
-0.55% -4.20%
MID-CAP
7.5B
2.1B
19.92% -23.69%
1.96
3.51
-4.46% 14.21%
6.4B
1.3B
4.42% -12.65%
8.51
5.31
11.01% 77.63%
4.3B
1.1B
2.00% -13.50%
10.35
3.79
48.48% 10.89%
4.3B
1.4B
22.67% -27.47%
-4.75
3.38
-7.83% -296.46%
3.6B
5.0B
14.03% 22.72%
3.34
0.72
66.93% 65.79%
2.4B
235.1M
23.94% -42.26%
27.66
10.68
12.85% 38.97%
SMALL-CAP
1.3B
835.4M
12.44% -4.06%
-8.84
1.51
87.26% -148.85%
1.0B
247.8M
11.54% -12.57%
-17.78
4.46
23.41% -194.70%
1.0B
412.4M
14.61% -28.22%
-153.63
2.47
51.09% -102.33%
785.2M
116.8M
-27.32% -51.27%
10.08
6.53
-4.08% -28.93%
387.7M
179.3M
18.84% -46.05%
-1.12
2.24
10.55% -617.70%

Financials for MFA Financial

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue6.4%412388362298273
Net Income-104.1%-6.64160329331285
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets-4.5%9,4809,9259,1408,4887,208
    Cash Equivalents-6.2%386411305526906
  Goodwill0%61616261-
Liabilities-3.2%7,3337,5766,5975,8874,682
Shareholder's Equity-8.6%2,1462,3492,5432,6012,527
  Retained Earnings-10.8%-1,570.82-1,417.11-1,279.48-1,267.50-1,347.47
  Additional Paid-In Capital-1.2%3,6793,7233,7723,8073,805
Shares Outstanding-3.1%102105108110110
Float-2,000----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations1.7%23423012013178
  Share Based Compensation14.8%121199
Cashflow From Investing4.6%-2,954.16-3,095.96-2,167.03-708.201,018
Cashflow From Financing-10.8%2,3512,6361,630270-854.52
  Dividend Payments7.8%18316915613590
  Buy Backs20.5%140116869696

Risks

What is the probability of a big loss on MFA?

34.2%


Probability that MFA Financial stock will be more than 20% underwater in next one year

30%


Probability that MFA Financial stock will be more than 30% underwater in next one year.

29.6%


Probability that MFA Financial stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does MFA drawdown profile look like?

Y-axis is the maximum loss one would have experienced if MFA Financial was unfortunately bought at previous high price.

Returns

Cumulative Returns on MFA

2.2%


10-Year Cumulative Returns

-1.4%


7-Year Cumulative Returns

-8.9%


5-Year Cumulative Returns

-19.1%


3-Year Cumulative Returns

What are the long-term rolling returns for MFA?

FIve years rolling returns for MFA Financial.

Which funds bought or sold MFA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-4.6
-418,000
933,000
-%
2022-11-17
M&T Bank Corp
REDUCED
-5.14
138,000
140,000
-%
2022-11-17
CENTRAL TRUST Co
UNCHANGED
-
-3,000
10,000
-%
2022-11-17
M Holdings Securities, Inc.
REDUCED
-2.18
-54,000
131,000
0.01%
2022-11-16
Advisors Capital Management, LLC
REDUCED
-99.48
-5,187,000
27,000
-%
2022-11-15
Balyasny Asset Management LLC
ADDED
108.09
5,297,000
15,765,000
0.05%
2022-11-15
STATE STREET CORP
REDUCED
-0.07
-7,258,000
20,057,000
-%
2022-11-15
Almanack Investment Partners, LLC.
NEW
-
4,000
4,000
-%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
EMC Capital Management
UNCHANGED
-
-28,000
74,000
0.07%

1–10 of 46

Latest Funds Activity

Are funds buying MFA calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own MFA

MFA Financial News

MarketBeat

Archer-Daniels-Midland Company (NYSE:ADM) Short Interest Update.7 hours ago

MFA Fair Value

Recent SEC filings of MFA Financial

View All Filings
Date Filed Form Type Document
Nov 03, 2022
10-Q
Quarterly Report
Nov 03, 2022
8-K
Current Report
Oct 17, 2022
8-K
Current Report
Sep 27, 2022
8-K
Current Report
Sep 27, 2022
S-3ASR
S-3ASR
Sep 27, 2022
S-3ASR
S-3ASR
Sep 16, 2022
4
Insider Trading
Sep 16, 2022
4
Insider Trading
Sep 16, 2022
4
Insider Trading
Sep 16, 2022
4
Insider Trading

Latest Insider Trading transactions for MFA

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-09-15
Roper Michael Charles
BOUGHT
10,760
10.76
1,000
SVP & Chief Accounting Ofcr
2022-09-15
Wulfsohn Bryan
BOUGHT
32,250
10.75
3,000
SVP & Co-Chief Invest. Ofcr
2022-09-14
JOSEPHS ROBIN
BOUGHT
25,074.5
10.67
2,350
-
2022-09-14
Knutson Craig L
BOUGHT
26,711.5
10.81
2,471
CEO and President
2022-09-14
Yarad Stephen D.
BOUGHT
24,570
10.8
2,275
Chief Financial Officer
2022-05-27
Lin Mei
SOLD
-54,672.8
13.4762
-4,057
Sr. VP & Co-Controller
2022-01-31
Roper Michael Charles
BOUGHT
4,751.52
18.24
260.5
SVP & Chief Accounting Ofcr
2022-01-18
Meyers Terence B
ACQUIRED
-
-
16,896
Senior Vice President
2022-01-18
Yarad Stephen D.
ACQUIRED
-
-
20,275
Chief Financial Officer
2022-01-18
Knutson Craig L
ACQUIRED
-
-
138,813
CEO and President

1–10 of 50

Craig L. Knutson
300
MFA Financial, Inc., together with 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, and credit risk transfer securities; residential whole loans, including purchased performing loans, purchased credit deteriorated, and non-performing loans; and mortgage servicing rights related assets. The company has elected to be taxed as a REIT and would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders. MFA Financial, Inc. was incorporated in 1997 and is headquartered in New York, New York.

MFA Income Statement

2022-09-30
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Interest Income:    
Residential whole loans$ 114,415$ 79,602$ 316,235$ 213,156
Securities, at fair value5,61210,62916,18142,433
Other interest-earning assets2,2165245,071632
Cash and cash equivalent investments1,6291262,055239
Interest Income123,87290,881339,542256,460
Interest Expense:    
Asset-backed and other collateralized financing arrangements67,63625,135159,80672,827
Other interest expense3,9433,93011,81111,863
Interest Expense71,57929,065171,61784,690
Net Interest Income52,29361,816167,925171,770
(Provision)/Reversal of Provision for Credit Losses on Residential Whole Loans(588)9,7091,10641,326
Provision for Credit Losses on Other Assets00(28,579)0
Net Interest Income after (Provision)/Reversal of Provision for Credit Losses51,70571,525140,452213,096
Other (Loss)/Income, net:    
Net mark-to-market and other net (loss)/gain on residential whole loans measured at fair value(291,875)21,815(796,664)59,325
Gain on investment in Lima One common equity038,933038,933
Net gains on derivatives used for risk management purposes111,8162,085253,7211,028
Net mark-to-market on Securitized debt measured at fair value98,858857247,5488,254
Net gain on real estate owned3,8606,82919,77713,725
Lima One - origination, servicing and other fee income12,3729,63837,5399,638
Other, net77814,289(10,076)19,510
Other (Loss)/Income, net(64,191)94,446(248,155)150,413
Operating and Other Expense:    
Compensation and benefits21,06316,21059,67933,533
Other general and administrative expense8,8128,65928,01623,338
Loan servicing, financing and other related costs11,3575,29134,99318,591
Amortization of intangible assets1,3003,3007,9003,300
Operating and Other Expense42,53233,460130,58878,762
Net (Loss)/Income(55,018)132,511(238,291)284,747
Less Preferred Stock Dividend Requirement8,2188,21824,65624,656
Net (Loss)/Income Available to Common Stock and Participating Securities$ (63,236)$ 124,293$ (262,947)$ 260,091
Basic (Loss)/Earnings per Common Share (in dollars per share)$ (0.62)$ 1.12$ (2.54)$ 2.33
Diluted (Loss)/Earnings per Common Share (in dollars per share)$ (0.62)$ 1.08$ (2.54)$ 2.28

MFA Balance Sheet

2022-09-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets:  
Residential whole loans, net ($6,164,293 and $5,305,349 held at fair value, respectively)[1],[2]$ 8,194,049$ 7,913,000
Securities, at fair value[2]227,407256,685
Cash and cash equivalents434,086304,696
Restricted cash167,31099,751
Other assets[2]496,994565,556
Total Assets9,519,8469,139,688
Liabilities:  
Financing agreements ($4,397,470 and $3,266,773 held at fair value, respectively)7,289,4406,378,782
Other liabilities196,475218,058
Total Liabilities7,485,9156,596,840
Commitments and contingencies (See Note 9)
Stockholders’ Equity:  
Common stock, $0.01 par value; 874,300 and 874,300 shares authorized; 101,797 and 108,138 shares issued and outstanding, respectively1,0181,082
Additional paid-in capital, in excess of par3,681,7843,775,482
Accumulated deficit(1,680,129)(1,279,484)
Accumulated other comprehensive income31,06845,578
Total Stockholders’ Equity2,033,9312,542,848
Total Liabilities and Stockholders’ Equity9,519,8469,139,688
Series B Preferred Stock  
Stockholders’ Equity:  
Preferred stock8080
Series C Preferred Stock  
Stockholders’ Equity:  
Preferred stock$ 110$ 110
[1]Includes approximately $4.4 billion and $3.0 billion of Residential whole loans transferred to consolidated variable interest entities (“VIEs”) at September 30, 2022 and December 31, 2021, respectively. Such assets can be used only to settle the obligations of each respective VIE.
[2]See Note 6 for information regarding the Company’s pledged assets.