MFA Financial Inc

MFA Financial Inc

MFA-PB · NYSE · Real Estate / REIT - Mortgage

16.77USD+0.12 (+0.72%)

Price History

Full chart

Market Stats

Previous Close16.65
Open16.80
Day Range16.66 – 16.87
52-Week Range18.02 – 20.47
Volume13.94K
Market Cap2.69B
P/E (TTM)0.00
Forward P/E0.00
EPS1.16
Dividend Yield10.28%
Beta1.49
50-Day Avg20.04
200-Day Avg20.28

About

MFA Financial, Inc., together with its subsidiaries, operates as a real estate investment trust in the United States. It operates through two segments: Mortgage-Related Assets and Lima One. The Mortgage-Related Assets segment primarily invests in and manages a diversified portfolio of residential whole loans, including nonqualified mortgage loans, business purpose loans such as single-family rental loans, single-family and multifamily transitional loans, legacy re-performing and non-performing loans, and agency-eligible investor loans. This segment also invests in residential mortgage-backed securities, including agency MBS, non-agency MBS, and credit risk transfer securities. The Lima One segment includes a stand-alone mortgage origination and servicing business; and originates and services business purpose loans for real estate investors, and related mortgage banking activities. The company offers residential whole loans, including purchased credit deteriorated and non-performing loans; and mortgage servicing rights-related assets. The company's investment activities through a combination of securitization transactions, term loan warehouse financing and repurchase agreement financing. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. MFA Financial, Inc. was incorporated in 1997 and is based in New York, New York.

Company Details

  • SectorReal Estate
  • IndustryREIT - Mortgage
  • CEOMr. Craig L. Knutson
  • Employees307
  • HeadquartersOne Vanderbilt Avenue, New York, NY, United States, 10017, USA
  • Websitehttps://www.mfafinancial.com

Leadership

  • Mr. Craig L. KnutsonCEO & Director · b. 1959
  • Mr. Bryan Wulfsohn CFAPresident & Chief Investment Officer · b. 1984
  • Mr. Michael C. RoperSenior VP & CFO · b. 1988
  • Mr. Harold E. Schwartz J.D.Senior VP, General Counsel & Secretary · b. 1965
  • Ms. Lori R. SamuelsSenior VP & Chief Loan Operations Officer · b. 1981
  • Mr. Bryan DoranSenior VP & Chief Accounting Officer · b. 1981
  • Mr. John W. ElliottSenior VP & CTO
  • Ms. Mei LinSenior VP & Co-Controller · b. 1980
  • Ms. Natasha SeemungalSenior VP & Co-Controller · b. 1986

Financials

Income Statement

Currency: USD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue4.60M10.30M10.32M24.13M62.00M66.34M91.57M41.07M16.42M43.40M64.68M277.72M296.09M358.16M349.11M340.68M358.79M355.98M358.76M373.06M347.88M433.33M-555.87M488.32M-67.62M234.05M279.61M875.24M
Growth (%)-+123.91%+0.23%+133.75%+156.93%+7.00%+38.03%-55.15%-60.02%+164.29%+49.04%+329.36%+6.61%+20.97%-2.53%-2.41%+5.32%-0.79%+0.78%+3.98%-6.75%+24.57%-228.28%+187.85%-113.85%+446.11%+19.47%+213.02%
Cost of Revenue----------------48.67M62.81M74.36M94.17M113.25M141.57M555.87M44.07M42.89M34.14M35.31M33.45M
Gross Profit4.60M10.30M10.32M24.13M62.00M66.34M91.57M41.07M16.42M43.40M64.68M277.72M296.09M358.16M349.11M340.68M310.12M293.16M284.41M278.89M234.63M433.33M-1.11B418.19M-110.52M199.91M244.30M841.79M
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%86.43%82.35%79.27%74.76%67.45%100.00%200.00%85.64%163.43%85.41%87.37%96.18%
Operating Expense-2.90M-15.80M-27.65M-14.73M-57.59M-49.20M-75.39M-149.47M11.19M13.45M18.89M-219.88M-118.80M-107.66M-129.40M-126.04M281.93M205.34M191.37M204.73M-299.36M55.22M-432.34M-8.23M113.52M130.75M-393.49M151.76M
Operating Income7.50M26.10M37.97M38.86M119.58M115.54M166.96M190.54M5.24M29.95M45.80M497.60M414.89M465.82M478.51M466.72M28.19M87.83M93.04M74.16M533.99M378.12M-679.39M426.42M-224.03M69.16M637.79M690.03M
Operating Margin163.04%253.40%367.80%161.03%192.88%174.17%182.34%463.94%31.89%69.02%70.80%179.17%140.12%130.06%137.07%137.00%7.86%24.67%25.93%19.88%153.50%87.26%122.22%87.32%331.31%29.55%228.10%78.84%
EBITDA7.80M27.50M39.86M44.41M147.68M161.43M129.00M249.47M222.31M379.22M487.11M286.63M309.58M329.22M306.48M306.70M474.50M314.79M532.32M74.16M94.78M3.32M-679.39M455.86M36.46M504.09M644.13M690.03M
EBITDA Margin169.57%266.99%386.13%184.05%238.20%243.33%140.88%607.43%1353.84%873.81%753.08%103.21%104.56%91.92%87.79%90.03%132.25%88.43%148.37%19.88%27.24%0.77%122.22%93.35%-53.92%215.38%230.37%78.84%
Net Income2.90M7.60M7.87M3.78M56.09M57.85M78.07M6.71M8.76M30.21M45.80M268.19M269.76M316.41M306.84M302.71M313.50M313.23M312.67M322.39M301.80M378.12M-679.39M328.87M-231.58M80.16M119.25M176.78M
Net Income Margin63.04%73.79%76.20%15.68%90.48%87.20%85.26%16.33%53.33%69.61%70.80%96.57%91.11%88.34%87.89%88.85%87.38%87.99%87.15%86.42%86.76%87.26%122.22%67.35%342.47%34.25%42.65%20.20%
R&D-----------------00.590.580.480.53.2400.00K800.00K800.00K800.00K-
R&D as % of Total Revenue-----------------0.00%0.00%0.00%0.00%0.00%-0.00%0.08%-1.18%0.34%0.29%-
Interest Expense4.60M18.50M30.10M35.07M63.49M57.69M88.89M183.83M181.92M321.31M342.69M229.41M145.13M149.41M171.67M164.01M159.81M176.95M193.35M197.14M232.19M332.36M268.76M120.39M258.84M429.12M521.23M513.98M
Interest Expense % of Total Revenue100.00%179.61%291.60%145.34%102.41%86.97%97.07%447.61%1107.86%740.35%529.80%82.60%49.01%41.72%49.17%48.14%44.54%49.71%53.89%52.84%66.74%76.70%-48.35%24.65%-382.78%183.35%186.42%58.72%

Balance Sheet

Currency: USD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets264.70M524.40M522.49M2.07B3.60B4.56B6.91B5.85B6.44B8.61B10.64B9.63B8.69B11.75B13.52B12.47B12.35B13.17B12.48B10.95B12.42B13.57B6.93B9.14B9.11B10.77B11.41B13.05B
Total Liabilities193.70M456.80M452.58M1.87B3.23B4.08B6.18B5.19B5.77B7.68B9.38B7.46B6.44B9.25B10.21B9.33B9.15B10.20B9.45B7.69B9.00B10.18B4.41B6.60B7.12B8.87B9.57B11.22B
Total Equity70.90M67.60M69.91M203.62M371.20M484.96M728.83M661.10M678.56M927.26M1.26B2.17B2.25B2.50B3.31B3.14B3.20B2.97B3.03B3.26B3.42B3.38B2.52B2.54B1.99B1.90B1.84B1.83B
Cash6.00M23.60M8.90M58.53M64.09M139.71M68.34M64.30M47.20M234.41M361.17M653.46M345.24M394.02M401.29M565.37M182.44M165.01M260.11M449.76M51.97M70.63M814.35M304.70M334.18M318.00M338.93M213.21M
Total Debt190.00M452.00M449.00M1.85B16.34M16.16M22.69M22.55M9.61M9.46M9.31M7.21B220.93M1.18B746.82M466.20M210.57M9.39B8.69B6.64B8.25B10.03B1.84B3.15B6.86B5.00B9.20B10.99B
Net Debt184.00M428.40M440.10M1.79B-47.75M-123.55M-45.66M-41.75M-37.59M-224.95M-351.86M6.55B-124.31M787.90M345.52M-99.17M28.14M-42.95M-163.38M10.96M729.27M9.96B1.03B2.84B6.52B4.69B8.86B10.78B

Cash Flow

Currency: USD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow400.00K10.30M4.92M21.67M83.37M112.15M128.30M136.19M15.88M68.68M186.43M269.96M245.94M334.41M310.39M298.09M255.81M282.17M85.51M176.07M147.88M215.78M38.40M120.29M366.08M108.74M200.12M76.25M
Investing Cash Flow-189.20M-250.50M--1.45B-1.55B-967.12M-2.48B938.90M-623.97M-1.95B-1.97B1.77B915.38M-2.38B-650.43M1.60B451.00M550.08M1.03B1.82B-2.16B-1.13B6.38B-2.17B-1.13B-1.55B-424.60M-1.79B
Financing Cash Flow184.60M254.10M-7.14M1.47B1.48B930.59M2.28B-1.08B590.99M2.07B1.91B-1.75B-1.47B2.10B347.31M-1.73B-1.09B-849.69M-1.02B-1.80B1.63B964.92M-5.74B1.63B850.21M1.43B337.58M1.49B
Capital Expenditure000000000231.00K012.00K438.00K2.34M443.00K373.00K786.00K1.56M708.00K872.00K1.13M1.88M4.86M12.05M300.00K000
Free Cash Flow400.00K10.30M4.92M21.67M83.37M112.15M128.30M136.19M15.88M68.45M186.43M269.98M245.50M332.07M309.94M297.71M255.03M280.61M84.80M175.20M146.75M213.90M33.53M108.25M365.78M108.74M200.12M76.25M
Dividends Paid5.60M7.30M5.32M10.74M47.57M60.22M77.39M55.81M24.24M37.73M139.00M229.66M268.39M337.42M349.39M608.58M309.67M312.38M312.89M323.59M344.76M376.56M143.30M189.01M216.91M175.98M176.75M40.32M
FCF to OCF100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%99.66%100.00%100.00%99.82%99.30%99.86%99.87%99.69%99.45%99.17%99.50%99.23%99.13%87.34%89.98%99.92%100.00%100.00%100.00%
Dividend Paid to FCF1400.00%70.87%108.07%49.54%57.06%53.70%60.32%40.98%152.61%55.12%74.56%85.07%109.32%101.61%112.73%204.42%121.43%111.32%368.96%184.70%234.93%176.05%427.34%174.62%59.30%161.84%88.32%52.88%

Earnings

Report DateJan 29, 2002May 2, 2002Jul 25, 2002Nov 21, 2002Feb 10, 2003Apr 23, 2003Jul 29, 2003Oct 29, 2003Feb 5, 2004Apr 27, 2004Jul 26, 2004Nov 2, 2004Feb 11, 2005Apr 28, 2005Jul 28, 2005Nov 3, 2005Mar 10, 2006May 3, 2006Aug 2, 2006Nov 1, 2006Feb 16, 2007May 2, 2007Aug 2, 2007Nov 1, 2007Feb 14, 2008Apr 30, 2008Jul 30, 2008Nov 3, 2008Feb 13, 2009Apr 30, 2009Jul 27, 2009Nov 4, 2009Feb 11, 2010Apr 29, 2010Aug 3, 2010Nov 4, 2010Feb 14, 2011May 3, 2011Aug 3, 2011Nov 7, 2011Feb 16, 2012May 4, 2012Aug 6, 2012Nov 6, 2012May 1, 2013Aug 1, 2013Nov 4, 2013Feb 13, 2014May 1, 2014Aug 4, 2014Nov 4, 2014Feb 12, 2015May 5, 2015Aug 4, 2015Nov 4, 2015Feb 18, 2016May 4, 2016Aug 3, 2016Nov 3, 2016Feb 16, 2017May 4, 2017Aug 2, 2017Nov 2, 2017Feb 15, 2018May 8, 2018Aug 2, 2018Nov 6, 2018Feb 21, 2019May 7, 2019Aug 7, 2019Nov 6, 2019Feb 20, 2020Jun 16, 2020
EPS Estimate0.300.340.360.370.340.300.290.200.250.280.250.230.220.200.150.05-0.280.06-0.030.040.070.080.10-0.040.17-0.050.230.230.210.230.260.260.270.250.190.220.230.230.250.250.240.220.220.210.210.210.200.180.190.190.190.170.190.200.200.190.180.190.190.190.180.180.180.180.170.190.180.180.190.190.190.200.14
EPS Actual0.310.380.370.370.320.330.300.210.250.320.220.220.220.200.120.05-0.400.16-0.270.060.070.100.10-0.150.16-0.610.200.240.210.230.300.250.270.290.160.270.210.270.220.230.190.220.200.200.200.190.180.180.180.170.160.150.210.200.200.190.200.200.210.180.200.200.150.240.200.170.190.130.190.200.200.21-2.02
Surprise3.33%11.76%2.78%0.00%-5.88%10.00%3.45%5.00%0.00%14.29%-12.00%-4.35%0.00%0.00%-20.00%0.00%-42.86%166.67%-800.00%50.00%0.00%25.00%0.00%-275.00%-5.88%-1120.00%-13.04%4.35%0.00%0.00%15.38%-3.85%0.00%16.00%-15.79%22.73%-8.70%17.39%-12.00%-8.00%-20.83%0.00%-9.09%-4.76%-4.76%-9.52%-10.00%0.00%-5.26%-10.53%-15.79%-11.76%10.53%0.00%0.00%0.00%11.11%5.26%10.53%-5.26%11.11%11.11%-16.67%33.33%17.65%-10.53%5.56%-27.78%0.00%5.26%5.26%5.00%-1542.86%
Timing--------------------------------------------------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap2.69B
Enterprise Value13.36B
Trailing P/E0.00
Forward P/E0.00
Price / Sales8.26
Price / Book0.00
EPS1.16
Book Value17.57
Revenue (TTM)302.83M
Gross Profit (TTM)265.24M
Profit Margin48.95%
Operating Margin53.97%
Return on Equity8.24%
Return on Assets1.17%
Shares Outstanding449.55M
Shares Float98.61M
Beta1.49
Dividend Yield10.28%
Dividend Rate1.88
Payout Ratio0.00%

Ownership Breakdown

Institutions
21.12%
Insiders
0.00%
Retail / Other
78.88%

Top Institutional Holders

  • IFG Advisory, LLC
    00.00%

Dividends

20263×
0.47Sep 4, 20260.47Jun 4, 20260.47Mar 4, 2026
20254×
0.47Dec 4, 20250.47Sep 4, 20250.47Jun 4, 20250.47Mar 4, 2025
20244×
0.47Dec 3, 20240.47Aug 30, 20240.47Jun 5, 20240.47Mar 4, 2024
20234×
0.47Dec 1, 20230.47Sep 1, 20230.47Jun 2, 20230.47Mar 3, 2023
20224×
0.47Dec 2, 20220.47Sep 2, 20220.47May 31, 20220.47Feb 28, 2022
20214×
0.47Nov 30, 20210.47Sep 7, 20210.47Jun 4, 20210.47Mar 4, 2021
20201×
0.47Dec 3, 2020