MFA Financial: Gaining Strength After Rate Cuts
As a long-term investor in MFA Financial, I strongly believe now is an ideal time to buy shares. MFA is well-positioned to increase profits and maintain or even increase its dividend. The next catalysts to price movement are earnings on November 5th, a Fed rate cut, and an ex-dividend date in December.
3 Affordable REITs to Buy with Dividends over 10%
With these REIT stocks trading under $20 a share, they have annual dividend yields over 10% which may certainly peak investors' interest.
MFA Financial (MFA) Upgraded to Strong Buy: What Does It Mean for the Stock?
MFA Financial (MFA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
MFA Financial (MFA) Q2 Earnings and Revenues Surpass Estimates
MFA Financial (MFA) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.40 per share a year ago.
MFA Financial: One Preferred Share Looks Better, Yielding 9%
MFA Financial is a mREIT with a dividend yield of 12.75% and offers preferred shares with attractive yields. Despite challenges, MFA Financial has managed to grow net interest income and maintain profitability in a high interest rate environment. Risks include potential defaults impacting earnings and the common dividend, but the preferred share dividends should remain secured.
MFA Financial Issues Second Note Due In 2029
MFA Financial operates as a real estate investment trust in the US, investing in residential mortgage assets. The company has a strong financial position, with ample cash and stockholder's equity. MFA Financial recently issued a second Note that does not mature until 2029, making it ideal for long-term fixed income investors willing to accept some risks. In this article, I briefly review the issuer and both Notes, MFAN and MFAO. I give both a Hold rating as the spread against a 5-year CD is only 300bps.
MFA Financial: High Yield But Risk Of Cut Looms
MFA Financial offers a high dividend yield of 13% and trades at a historically large discount to book value. The company has made changes to its strategy, including acquiring Lima One and focusing on loan origination. While there are concerns about interest spreads and missing out on buybacks, MFA is making progress and isn't bad to hold it if you've got it.
