MFA Financial (MFA) : The highest level MFA Financial (MFA) is projected to reach is $8 for the short term and the lowest estimate is at $7. The consolidated price target from 3 rating analysts who initiate coverage on the stock is $7.33 and the possibility the share price can swing is $0.29.
MFA Financial (MFA) has an average broker rating of 3.4, which is interpreted as a Hold, as rated by 5 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy. 2 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
Also, Equity analysts at the Brokerage firm Deutsche Bank maintains its rating on MFA Financial (NYSE:MFA). The rating major has initiated the coverage with hold rating on the shares. The Analysts at Deutsche Bank raises the price target from $7.25 per share to $7.5 per share. The rating by the firm was issued on August 9, 2016.
MFA Financial (NYSE:MFA): The stock opened at $7.72 on Thursday but the bulls could not build on the opening and the stock topped out at $7.72 for the day. The stock traded down to $7.63 during the day, due to lack of any buying support eventually closed down at $7.70 with a loss of -0.26% for the day. The stock had closed at $7.72 on the previous day. The total traded volume was 1,422,116 shares.
MFA Financial, Inc. is a real estate investment trust (REIT). The Company is engaged in the real estate finance business.The Company, through subsidiaries, invests in residential mortgage assets, including Agency mortgage backed securities (MBS), Non-Agency MBS and residential whole loans. The Companys business objective is to deliver shareholder value through the generation of distributable income and through asset performance linked to residential mortgage credit fundamentals. The Companys Agency MBS portfolio consists of Hybrids, 15-year fixed-rate mortgages and adjustable-rate mortgages (ARMs). The Hybrid loans have initial a fixed-rate periods at origination of three, five, seven or 10 years. The Non-Agency MBS portfolio primarily consists of Legacy Non-Agency MBS and MBS collateralized by re-performing and non-performing loans (RPL/NPL MBS).