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MFA

MFA Financial, Inc.

MFA

NYSE·Real Estate·REIT - Mortgage·Mkt cap $886.2M

$8.82

+1.61%

P/E

7.29

Mkt Cap

$886.2M

52-Wk Range

$8.63–$10.57

52-Week Range

$8.63 - $10.57

P/E

7.29

Fwd P/E

8.42

Beta

1.50

Div Yield

16.59%

Avg Vol

1.5M

Shares Out

102.1M

Mkt Cap

$886.2M

Price action

Price chart

Down 13.1% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • REIT tax structure enabling tax-efficient income distribution to shareholders
  • Specialized expertise in residential mortgage asset valuation and management
  • Diversified portfolio across agency and non-agency mortgage investments
  • Access to institutional capital markets and mortgage asset sourcing networks
  • Experience managing credit risk across performing and non-performing loan segments

Bear Case

2 risks

  • Average volatility.
  • Growth premium of 1.1x vs Mortgage REITs peers. Reasonable for this growth rate.

Growth

Revenue decline expected

Residential mortgage market expansion and refinancing opportunities

Value

Growth premium of 1.1x vs Mortgage REITs peers. Reasonable for this growth rate.

Momentum

Weak

-8.3% over 3m

Quality

Excellent

High-growth business (109% revenue growth, 82% gross margin). Profitable with strong growth momentum.

Dividend

High yield

16.59% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 5, 2026

Q3 26 RECAP

AUG 5, 2026

Reported EPS of $0.34 vs $0.25 consensus (+38.5% surprise). Revenue of $58.6M vs $65.8M expected (-11.0%).

EPS beat +38.5%
Revenue miss

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+38.5%

Revenue trend · last 8Q

-63%

+18%

+128%

+3%

+111%

+207%

-100%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$82.4M

$41.7M

$74.8M

$170.4M

$85.0M

$88.1M

$229.4M

$0

Margins · last 8Q

Gross

Operating

Profit

Wall Street consensus

3 analysts · 67% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

2

67%

Hold

1

33%

Sell

0%

Median Price Target

Latest: BTIG · Jun 17, 2026

vs Industry

How MFA stacks vs REIT - Mortgage

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.