MFA Financial (MFA) could be worth $8 in the next year
What’s up with MFA Financial?
MFA Financial (MFA) opened at $1.61, which means the stock is up 1.24% from yesterday’s closing price of 1.61. Today, the company has a high of $1.65 and a low of $1.60. The company has a market cap of $738.58 million with a 52-week high of $8.09 and a 52-week low of $0.32.
What about the future for MFA Financial?
The high forecast for MFA Financial, is 8.00 while the low is 1.50. Stock forecasts are based on human experience: Human traders based on their experience in terms of stock price patterns, volume changes, and market news/rumors regarding a particular stock. MFA Financial, has a strong forecast. A strong forecast is a result of strong earning reports as investors are willing to pay a higher share price today because of growth expectations in the future. Based on this information MFA seems to be a safe buy.
About MFA Financial
MFA Financial, Inc. operates as a real estate investment trust, which 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.