MFA Financial Inc (NYSE: MFA) is -8.24% 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 $9.92 in the last trading session, with the day’s loss setting it -0.57%.
Currently trading at $9.35, the stock is -3.19% and -4.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.3 million and changing -5.75% at the moment leaves the stock -14.64% off its SMA200. MFA registered -15.15% loss for a year compared to 6-month loss of -15.23%. The firm has a 50-day simple moving average (SMA 50) of $9.7996 and a 200-day simple moving average (SMA200) of $10.953.
The stock witnessed a 0.65% gain in the last 1 month and extending the period to 3 months gives it a -9.75%, and is -2.30% 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 2.65% over the week and 2.49% over the month.
MFA Financial Inc (MFA) has around 348 employees, a market worth around $959.81M and $762.16M in sales. Current P/E ratio is 9.52 and Fwd P/E is 6.75. Profit margin for the company is 13.62%. Distance from 52-week low is 19.11% and -30.48% 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 -18.30% this year
261.0 institutions hold shares in MFA Financial Inc (MFA), with institutional investors hold 63.63% of the company’s shares. The shares outstanding are 102.65M, and float is at 101.77M with Short Float at 2.19%. Institutions hold 63.05% 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.
