MFA Financial, Inc. (NYSE:MFA) is reporting third quarter financial results on Thursday 5th November 2020, before market open.
According to analysts surveyed by Thomson Reuters, MFA is expected to report 3Q20 income of $ 0.06 per share from revenue of $ 37.77 million.
For the full year, analysts anticipate top line of $ 139.33 million, while looking forward to loss of $ 1.71 per share bottom line.
Stock Performance
Shares of MFA Financial, Inc. traded low $ -0.05 or -1.69 percent on Wednesday, reaching $ 2.91 with volume of 3.56 million shares. MFA Financial, Inc. has traded high as $ 2.99 and has cracked $ 2.88 on the downward trend
The closing price of $ 2.91, representing a 825.00 % increase from the 52 week low of $ 0.32 and a 63.41 % decrease over the 52 week high of $ 8.09.
The company has a market capital of $ 1.32 billion and is part of the Real Estate sector and REIT – Diversified industry.
Recent Stock Dividend Announcement
On August 6, 2020, the board of directors authorized quarterly dividend of $ 0.05 per share to holders of record as of the close of business on September 30, 2020, with payment date of October 30, 2020 and ex-dividend date on September 29, 2020.
Conference Call
MFA Financial, Inc. will be hosting a conference call at 10:00 AM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.mfafinancial.com
MFA Financial, Inc., through 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, residential whole loans, credit risk transfer securities, and mortgage servicing rights related assets. Its MBS are secured by hybrid, adjustable-rate, 15-year fixed-rate, and 30-year and longer-term fixed-rate mortgages, as well as mortgages that have interest rates that reset annually or more frequently.
