MFA Financial (MFA) is a great stock to buy and hold for long-term investors
MFA Financial (MFA) currently trades at $1.66 and has fallen by 9.56% today. MFA went down $0.17 from the previous closing price of $1.83. The high forecast for MFA Financial is $8.25 and the low is $1.00. The company’s market cap is $745.37 million with a 52 week high of $8.09 and a 52 week low of $0.32. MFA has changed in price by -5.71 per share in the last 12 months. MFA has had an advantage in this environment because of its investment strategy, which focuses on credit-sensitive mortgages and maintains a low-interest rate duration in its portfolio, which mitigates against rate fluctuations. As a REIT, it is required by statute to distribute at least 90% of its taxable income to stockholders. But MFA pays out 96.7% of its income in dividends with a yield of 11.2% of its share price.
MFA Financial has a strong EPS of 0.79. This means the company made $0.79 per share after paying dividends, this can indicate that the stock is a safe investment. EPS is calculated as a company’s profit divided by the outstanding shares of its common stock. The resulting number serves as an indicator of a company’s profitability. It is common for a company to report EPS that is adjusted for extraordinary items and potential share dilution. Based on this information, investorsQ rates this stock 6 out of 10. We give it this rating based on current information written in this article.
About MFA Financial:
MFA Financial, Inc. is a real estate investment trust primarily engaged in the business of investing, on a leveraged basis, in residential mortgage assets, including residential mortgage-backed securities and residential whole loans.