MFA Financial, Inc. is a real estate investment trust primarily engaged in the business of investing, on a leveraged basis, in residential mortgage assets, including residential mortgage-backed securities and residential whole loans.

Company profile
Ticker
MFA, MFA+B, MFA+C
Exchange
Website
CEO
Craig Knutson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
AMERICA FIRST MORTGAGE INVESTMENTS INC, MFA MORTGAGE INVESTMENTS
SEC CIK
Corporate docs
Subsidiaries
Beaumont Securities Holdings, LLC • Diplomat Properties Holding Corp. • Lima One Holdings, LLC • Lima One Capital, LLC • MFA Omaha Borrower, LLC • MFA Securities Holdings LLC • MFA Securitization Holdings LLC • MFResidential Assets I, LLC • MFResidential Assets Holding Corp. • MFA Kittiwake Investments Ltd. ...
IRS number
133974868
MFA stock data
News

Earnings Scheduled For August 4, 2022
4 Aug 22
Keefe, Bruyette & Woods Downgrades MFA Finl to Market Perform, Announces $12.75 Price Target
18 Jul 22
Raymond James Maintains Outperform on MFA Finl, Lowers Price Target to $17
18 Jul 22
JMP Securities Maintains Market Outperform on MFA Finl, Lowers Price Target to $15
14 Jun 22
Here's Why These 14 Companies Did A Stock Split In 2022
7 Jun 22
Analyst ratings and price targets
Current price
Average target
$14.94
Low target
$12.75
High target
$17.00
Keefe, Bruyette & Woods
Downgraded
$12.75
Raymond James
Maintains
$17.00
JMP Securities
Maintains
$15.00
RBC Capital
Maintains
$15.00
Calendar
4 Aug 22
10 Aug 22
31 Dec 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 545.34M | 545.34M | 545.34M | 545.34M | 545.34M | 545.34M |
Cash burn (monthly) | 3.4M | 30.83M | 14.92M | 10.69M | (no burn) | (no burn) |
Cash used (since last report) | 4.63M | 42M | 20.33M | 14.57M | n/a | n/a |
Cash remaining | 540.71M | 503.34M | 525.02M | 530.78M | n/a | n/a |
Runway (months of cash) | 159.1 | 16.3 | 35.2 | 49.7 | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
8 Jun 22 | Polsky Lisa | RSU Common Stock | Grant | Acquire A | No | No | 0 | 10,973 | 0 | 35,116 |
8 Jun 22 | Oelerich Francis J. III | RSU Common Stock | Grant | Acquire A | No | No | 0 | 10,973 | 0 | 40,267 |
8 Jun 22 | Goodman Laurie | RSU Common Stock | Grant | Acquire A | No | No | 0 | 19,386 | 0 | 70,085 |
8 Jun 22 | Richard C. Wald | RSU Common Stock | Grant | Acquire A | No | No | 0 | 10,973 | 0 | 35,116 |
8 Jun 22 | Stamps Sheila A | RSU Common Stock | Grant | Acquire A | No | No | 0 | 10,973 | 0 | 10,973 |
Institutional ownership, Q1 2022
13F holders | Current |
---|---|
Total holders | 172 |
Opened positions | 25 |
Closed positions | 71 |
Increased positions | 47 |
Reduced positions | 70 |
13F shares | Current |
---|---|
Total value | 1.27B |
Total shares | 293.92M |
Total puts | 565.9K |
Total calls | 3.29M |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
Starwood Capital Group Management, L.L.C. | 42.55M | $172.77M |
Starwood Capital Group Global Ii | 42.55M | $197.88M |
Vanguard | 40.16M | $161.85M |
BLK Blackrock | 35.79M | $144.22M |
FMR | 22.87M | $92.16M |
STT State Street | 10.11M | $41.77M |
Apollo Management Holdings GP | 8.33M | $31.84M |
Geode Capital Management | 7.35M | $29.64M |
Arrowstreet Capital, Limited Partnership | 7.05M | $28.43M |
Charles Schwab Investment Management | 4.95M | $19.96M |
Financial report summary
?Competition
Pennymac Mortgage Investment TrustManagement Discussion
- We have elected to present our current quarter results of operations in comparison to the immediately preceding quarter, instead of the corresponding quarter of the prior year, which we believe offers a better basis for comparison due to a higher degree of similarity in our business model and investments. Because this is our first report reflecting this election, we are also presenting our current quarter results of operations in comparison to the corresponding quarter of the prior year. For our future reports, we will present a discussion of our results of operations for the current quarter compared to the immediately preceding prior quarter only.
- For the second quarter of 2022, we had a net loss available to our common stock and participating securities of $108.6 million, or $(1.06) per basic and diluted common share, compared to a net loss available to common stock and participating securities of $91.1 million, or $(0.86) per basic and diluted common share, for the first quarter of 2022. The net loss available to common stock and participating securities in the current period reflects lower net gains of $46.3 million on derivatives used for risk management purposes, a $28.6 million provision for Credit Losses on Other Assets recorded during the current quarter and lower net interest income, partially offset by lower mark-to-market losses on our residential whole loans measured at fair value through earnings of $72.0 million as well as $20.5 million higher unrealized gains on securitized debt measured at fair value through earnings. For the second quarter of 2022, the net loss on our residential whole loans measured at fair value through earnings totaled $216.4 million, compared to a net loss of $288.4 million in the first quarter of 2022. The provision recorded for credit losses on residential whole loans in the second quarter of 2022 primarily reflects adjustments to lower future
- estimates of prepayment speeds given recent and expected future increases in market interest rates, partially offset by the run-off of loans held at carrying value. The reversal of provision recorded in the first quarter of 2022 primarily reflects the run-off of loans held at carrying value and adjustments to certain macroeconomic and loan prepayment speed assumptions used in our credit loss forecasts.
Content analysis
?Positive | ||
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Readability |
H.S. senior Bad
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New words:
adequacy, CME, column, commensurate, commercially, compounded, covered, degree, forma, Georgia, GSE, horizon, impending, important, ISDA, liable, mix, partner, payroll, pro, protocol, slightly, statute, stressful, superseded, transition, warehouse
Removed:
administering, bolster, bore, conformed, correspondingly, customary, discontinuation, establishment, fact, Ginnie, heading, Jersey, Magnetar, matching, page, relocated, terminating
Financial reports
Current reports
8-K
MFA Financial, Inc. Announces Second Quarter 2022 Financial Results
4 Aug 22
8-K
Submission of Matters to a Vote of Security Holders
9 Jun 22
8-K
MFA Financial, Inc. Announces First Quarter 2022 Financial Results
4 May 22
8-K
Amendments to Articles of Incorporation or Bylaws
4 Apr 22
8-K
Announces Dividend of $0.11 per Share
11 Mar 22
8-K
MFA Financial, Inc. Announces Fourth Quarter 2021 Financial Results
23 Feb 22
8-K
Departure of Directors or Certain Officers
3 Jan 22
8-K
MFA Financial, Inc. Elects Sheila A. Stamps to Board of Directors
16 Dec 21
8-K
MFA Financial, Inc. Announces Third Quarter 2021 Financial Results
5 Nov 21
8-K
Asset acquisitions exceed run-off for the first time since COVID onset
5 Aug 21
Registration and prospectus
25-NSE
Exchange delisting
6 Jan 21
424B7
Prospectus with selling stockholder info
13 Aug 20
8-A12B
Registration of securities on exchange
28 Feb 20
424B5
Prospectus supplement for primary offering
26 Feb 20
FWP
Free writing prospectus
25 Feb 20
424B5
Prospectus supplement for primary offering
25 Feb 20
S-3ASR
Automatic shelf registration
15 Oct 19
424B5
Prospectus supplement for primary offering
16 Aug 19
S-3ASR
Automatic shelf registration
15 Aug 19
424B5
Prospectus supplement for primary offering
31 May 19
Proxies
Other
CERT
Certification of approval for exchange listing
2 Mar 20
UPLOAD
Letter from SEC
11 Aug 13
CORRESP
Correspondence with SEC
4 Aug 13
UPLOAD
Letter from SEC
22 Jul 13
CERTNYS
Certification of approval for NYSE listing
15 Apr 13
UPLOAD
Letter from SEC
8 Jul 12
CORRESP
Correspondence with SEC
21 Jun 12
UPLOAD
Letter from SEC
12 Jun 12
CORRESP
Correspondence with SEC
29 May 12
UPLOAD
Letter from SEC
16 May 12
Ownership
11-K
Annual report of employee stock purchases
28 Jun 22
4
MFA FINANCIAL / Richard C. Wald ownership change
9 Jun 22
4
MFA FINANCIAL / Sheila A Stamps ownership change
9 Jun 22
4
MFA FINANCIAL / LISA POLSKY ownership change
9 Jun 22
4
MFA FINANCIAL / Francis J. Oelerich III ownership change
9 Jun 22
4
MFA FINANCIAL / Laurie Goodman ownership change
9 Jun 22
4
MFA FINANCIAL / ROBIN JOSEPHS ownership change
9 Jun 22
4
MFA FINANCIAL / Mei Lin ownership change
1 Jun 22
3
MFA FINANCIAL / BARRY S STERNLICHT ownership change
7 Mar 22
SC 13G/A
MFA FINANCIAL / VANGUARD ownership change
9 Feb 22
Transcripts
2022 Q2
Earnings call transcript
4 Aug 22
2022 Q1
Earnings call transcript
4 May 22
2021 Q4
Earnings call transcript
23 Feb 22
2021 Q3
Earnings call transcript
5 Nov 21
2021 Q2
Earnings call transcript
5 Aug 21
2021 Q1
Earnings call transcript
6 May 21
2020 Q4
Earnings call transcript
23 Feb 21
2020 Q3
Earnings call transcript
5 Nov 20
2020 Q2
Earnings call transcript
6 Aug 20
2020 Q1
Earnings call transcript
16 Jun 20
Reddit threads
Buy single stocks or spread it out?
3 Aug 22
Daily Discussion Thread - August 3rd, 2022
3 Aug 22
Dividends start?
1 Aug 22
MFA financial
23 Jul 22
Daily General Discussion and Advice Thread - July 22, 2022
22 Jul 22
If you had 2 Million how would you invest it to live off the dividends?
8 Jul 22
CyberloQ ($CLOQ) Synopsis - Digital Asset Security
8 Jul 22
Does anyone know of any QUALIFIED dividend that has a yield of 4%+?
7 Jul 22
BOOM!
2 Jul 22
Dividends for future income
30 Jun 22