MFA Financial, Inc. (NYSE:MFA – Get Rating) SVP Bryan Wulfsohn acquired 3,000 shares of the stock in a transaction dated Thursday, September 15th. The stock was acquired at an average cost of $10.75 per share, with a total value of $32,250.00. Following the transaction, the senior vice president now directly owns 63,350 shares in the company, valued at $681,012.50. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
MFA Financial Trading Up 3.5 %
NYSE MFA opened at $11.00 on Friday. The stock has a 50-day simple moving average of $11.49 and a two-hundred day simple moving average of $13.13. MFA Financial, Inc. has a fifty-two week low of $9.72 and a fifty-two week high of $19.20.
MFA Financial Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 31st. Shareholders of record on Friday, September 30th will be paid a dividend of $0.44 per share. The ex-dividend date is Thursday, September 29th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 16.00%. MFA Financial’s payout ratio is currently -338.46%.
Hedge Funds Weigh In On MFA Financial
Wall Street Analyst Weigh In
MFA has been the subject of a number of recent analyst reports. StockNews.com cut MFA Financial from a “hold” rating to a “sell” rating in a research report on Monday, August 8th. Raymond James reduced their target price on MFA Financial from $17.00 to $15.50 and set an “outperform” rating for the company in a research note on Monday, August 15th. Keefe, Bruyette & Woods lowered MFA Financial from an “outperform” rating to a “market perform” rating and set a $12.75 target price for the company. in a research note on Monday, July 18th. TheStreet lowered MFA Financial from a “c-” rating to a “d+” rating in a research note on Friday, July 1st. Finally, JMP Securities reduced their target price on MFA Financial from $18.00 to $15.00 and set a “market outperform” rating for the company in a research note on Tuesday, June 14th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $14.25.
MFA Financial Company Profile
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.
- Get a free copy of the StockNews.com research report on MFA Financial (MFA)
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