MFA Financial, Inc. [MFA] Stock Forecast

The massive beatdown in mortgage REITs and BDCs triggered a wave of upgrades. It was quite a while since we had so many bullish outlooks for the sector.

Jerome Powell swings a wrecking ball into the markets. Even assets that would normally benefit from higher rates are down because of economic risk.

U.S. equity markets posted their worst week of the year as benchmark interest rates jumped to three-month highs on data showing a surprising reacceleration in inflation and economic activity in January. Declining for a third straight week - a skid that follows a stretch of four-of-five weekly gains to start the year - the S&P 500 dipped 2.7% while the Nasdaq declined over 3%.

MFA Financial, Inc. (NYSE:MFA ) Q4 2022 Earnings Conference Call February 23, 2023 10:00 AM ET Company Participants Harold Schwartz - Senior Vice President, General Counsel & Secretary Craig Knutson - President & Chief Executive Officer Gudmundur Kristjansson - Co-Chief Investment Officer Bryan Wulfsohn - Co-Chief Investment Officer Stephan Yarad - Chief Financial Officer Conference Call Participants Steve Delaney - JMP Securities Douglas Harter - Credit Suisse Bose George - KBW Eric Hagen - BTIG Operator Ladies and gentlemen, thank you for standing by and welcome to the MFA Financial Announcement Fourth Quarter 2022 Earnings Call. [Operator Instructions] As a reminder, today's conference is being recorded.

REITs are dividend-paying entities that own or finance real estate.

MFA Financial just cut its quarterly cash dividend payout by 20% after rising Fed fund rates weighed down on net interest income. The new yield at nearly 12% still provides double-digit income to shareholders but also looks at risk.

NEW YORK--( BUSINESS WIRE )--MFA Financial, Inc. (NYSE: MFA) plans to host a live audio webcast of its investor conference call on Thursday, February 23, 2023, at 10:00 a.m. (Eastern Time) to discuss its fourth quarter 2022 financial results, which are scheduled to be announced earlier that day.

Prior to November 30, 2022, readers mentioned 43 equities in their recent comments. Some lamented bad-news, so bad-news investments (rogues) mixed with (mostly) favorites. (Thus, these are ReFa/Ro.). Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: PACW, PSEC, ALLY, VZ, MFA, MPW, USOI, T, BRMK, & SBLK, averaged 42.66% net gains from data collected 12/6/22.

MFA Financial, Inc.'s dividend payment of $1.76 represents a dividend yield of 16.43%. MFA Financial reported net interest income of $52.3 million, down 15.37% compared to $61.8 million in the previous year.

MFA Financial, Inc. (NYSE:MFA ) Q3 2022 Earnings Conference Call November 3, 2022 10:00 AM ET Company Participants Hal Schwartz - Senior Vice President, General Counsel and Secretary Craig Knutson - President and CEO Steve Yarad - Chief Financial Officer Bryan Wulfsohn - Co-Chief Investment Officer Gudmundur Kristjansson - Co-Chief Investment Officer Conference Call Participants Mike Smith - KBW Steve DeLaney - JMP Securities Eric Hagen - BTIG Operator Ladies and gentlemen, thank you for standing by. Welcome to the MFA Financial, Inc. Third Quarter 2022 Conference.

MFA Financial, Inc. is a US stock , located in New york of Ny and trading under the symbol MFA

2 stock analysts have 2 predictions with a medium analyst target price of $15.25. The lowest prediction is $12.5 and the highest is $18

With a median analyst target price of $12.5, 1 stock analysts have made 1 forecasts in last 90 days. $12.5 is the lowest and $12.5 is the greatest projection.

MFA Financial, Inc. stock price is $8.77 today.

Yes, MFA Financial, Inc. is a publicly traded company.