MFA Financial Inc (NYSE: MFA) is -17.67% lower on its value in year-to-date trading and has touched a low of $7.85 and a high of $13.45 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MFA stock was last observed hovering at around $9.23 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $9.32, the stock is -2.00% and -2.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.59 million and changing 0.98% at the moment leaves the stock -10.86% off its SMA200. MFA registered -8.54% loss for a year compared to 6-month gain of -2.20%. The firm has a 50-day simple moving average (SMA 50) of $9.5534 and a 200-day simple moving average (SMA200) of $10.49205.
The stock witnessed a -3.22% loss in the last 1 month and extending the period to 3 months gives it a 8.12%, and is -3.62% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.53% over the week and 1.95% over the month.
MFA Financial Inc (MFA) has around 348 employees, a market worth around $956.73M and $762.16M in sales. Current P/E ratio is 9.49 and Fwd P/E is 6.62. Profit margin for the company is 13.62%. Distance from 52-week low is 18.72% and -30.71% from its 52-week high. The company has generated returns on investments over the last 12 months (0.92%).
The EPS is expected to shrink by -18.54% this year
255.0 institutions hold shares in MFA Financial Inc (MFA), with institutional investors hold 63.15% of the company’s shares. The shares outstanding are 102.65M, and float is at 101.76M with Short Float at 3.08%. Institutions hold 62.57% of the Float.
The top institutional shareholder in the company is WELLINGTON MANAGEMENT GROUP LLP with over 10.89 million shares valued at $115.91 million. The investor’s holdings represent 10.5309 of the MFA Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 9.96 million shares valued at $105.96 million to account for 9.6271 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 9.55 million shares representing 9.2313 and valued at over $101.61 million, while VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. holds 3.2731 of the shares totaling 3.39 million with a market value of $36.03 million.
