Welcome to our dedicated page for MFA Financial news (Ticker: MFA), a resource for investors and traders seeking the latest updates and insights on MFA Financial stock.
MFA Financial, Inc. reports news on its internally managed real estate investment trust operations, including investments in residential mortgage loans, residential mortgage-backed securities and other real estate assets. Company updates commonly address portfolio growth, Non-QM loan activity, single-family rental and transitional loans, securitizations, credit performance and leverage.
Recurring announcements also cover results from Lima One Capital, MFA's wholly owned business-purpose lending subsidiary for real estate investors, along with common and preferred stock dividends, dividend tax information, share repurchase activity and scheduled earnings calls.
MFA Financial (NYSE:MFA) reported its Q4 and full-year 2024 financial results. The company posted a Q4 GAAP net loss of $(2.3) million, or $(0.02) per share, while distributable earnings were $40.8 million ($0.39 per share). For full-year 2024, GAAP net income increased to $86.4 million ($0.83 per share) from $47.3 million in 2023.
Key highlights include: total economic return of 5.2% for 2024; asset yield improvement to 6.64% from 6.16% in 2023; interest income growth to $724.0 million from $605.6 million; and loan acquisition activity of $2.6 billion. The company completed eight securitizations totaling $2.4 billion UPB of loans and maintained quarterly dividends of $0.35 per share throughout 2024.
Q4 portfolio activity included $470.1 million in Non-QM loan acquisitions and $462.9 million in Agency MBS additions. The company's Agency MBS portfolio reached $1.4 billion, while maintaining a Debt/Net Equity Ratio of 5.0x and recourse leverage of 1.7x.
MFA Financial (NYSE: MFA) has declared quarterly dividends for its preferred stock series. The company will pay $0.46875 per share for Series B Preferred Stock (7.50%) and $0.40625 per share for Series C Preferred Stock (6.50%) for the quarter ending March 31, 2025. Both dividends will be paid on March 31, 2025, to stockholders of record as of March 4, 2025.
MFA Financial is a specialty finance company focusing on residential mortgage loans, residential mortgage-backed securities, and real estate assets. Through its subsidiary Lima One Capital, it also services business purpose loans for real estate investors. The company has distributed over $4.8 billion in dividends since its 1998 IPO.
MFA Financial (NYSE: MFA) has announced it will host a live audio webcast of its investor conference call on February 19, 2025, at 11:00 a.m. (Eastern Time) to discuss its fourth quarter 2024 financial results. The webcast will be accessible via the company's website at mfafinancial.com.
MFA Financial is a specialty finance company focusing on residential mortgage loans, residential mortgage-backed securities, and real estate assets. Through its subsidiary Lima One Capital, it originates and services business purpose loans for real estate investors. The company has distributed over $4.8 billion in dividends since its 1998 IPO and operates as an internally managed, publicly traded real estate investment trust.
MFA Financial (NYSE: MFA) announced the unexpected passing of Board member Francis J. Oelerich III, who served as Chair of the Audit Committee and member of the Compensation Committee. CEO Craig Knutson and Board Chair Laurie Goodman expressed their condolences, highlighting Oelerich's five-plus years of valuable service to the company.
Oelerich had an extensive career in investment banking, most recently serving as Managing Director at XMS Capital Partners. His previous roles included Managing Director positions at Deutsche Bank Securities and Morgan Stanley & Co. He held an M.B.A. from Harvard University as a George F. Baker Scholar and Loeb, Rhoades Fellow, and a B.B.A. from Notre Dame.
MFA Financial (NYSE: MFA) has declared a regular quarterly cash dividend of $0.35 per share of common stock, payable on January 31, 2025, to stockholders of record on December 31, 2024. The company, a specialty finance firm focusing on residential mortgage loans and securities, has distributed over $4.8 billion in dividends since its 1998 IPO. Through its subsidiary Lima One Capital, MFA originates and services business purpose loans for real estate investors.
MFA Financial (NYSE: MFA) has announced quarterly dividend payments for its preferred stock series. The company declared a $0.46875 per share dividend for Series B Preferred Stock (7.50%) and $0.40625 per share for Series C Preferred Stock (6.50%). Both dividends are payable on December 31, 2024, to stockholders of record as of December 3, 2024. MFA Financial is a specialty finance company focusing on residential mortgage investments and has distributed over $4.8 billion in dividends since its 1998 IPO.
MFA Financial announced that President and Chief Investment Officer Bryan Wulfsohn will present at the Southwest IDEAS Investor Conference in Dallas on November 20, 2024, at 3:00 p.m. EST. The presentation will be accessible via live audio webcast through the conference website and MFA's homepage.
MFA Financial is a specialty finance company focusing on residential mortgage loans, mortgage-backed securities, and real estate assets. Through its subsidiary Lima One Capital, it provides business purpose loans for real estate investors. Since its 1998 IPO, MFA has distributed over $4.8 billion in dividends to stockholders.
MFA Financial reported Q3 2024 financial results with GAAP net income of $40.0 million, or $0.38 per basic share. The company generated distributable earnings of $38.6 million ($0.37 per share) and paid a $0.35 dividend. GAAP book value was $13.77 per share, while economic book value reached $14.46. During Q3, MFA purchased $565.2 million of residential mortgage loans with 9.4% average coupon and added $294 million of Agency MBS. The company completed two loan securitizations and maintained a net interest spread of 2.18%. Total economic return was 3.3% for the quarter, with unrestricted cash of $305.6 million.
MFA Financial, Inc. (NYSE: MFA) has announced plans to host a live audio webcast of its investor conference call on Wednesday, November 6, 2024, at 11:00 a.m. (Eastern Time). The call will discuss the company's third quarter 2024 financial results, which will be announced earlier that day. The webcast will be accessible to the public at http://www.mfafinancial.com via the 'Webcasts & Presentations' link.
Earnings presentation materials will be posted on the MFA website prior to the call, and an audio replay will be available afterward. MFA Financial is a specialty finance company investing in residential mortgage loans, residential mortgage-backed securities, and other real estate assets. Through its subsidiary, Lima One Capital, MFA also originates and services business purpose loans for real estate investors. The company has distributed over $4.7 billion in dividends to stockholders since its 1998 IPO.
MFA Financial, Inc. (NYSE: MFA), a leading specialty finance company, has announced a regular quarterly cash dividend of $0.35 per share of common stock. The dividend is set to be paid on October 31, 2024, to stockholders of record as of September 27, 2024. MFA invests in residential mortgage loans, residential mortgage-backed securities, and other real estate assets. The company also originates and services business purpose loans for real estate investors through its subsidiary, Lima One Capital.
Since its initial public offering in 1998, MFA has distributed over $4.8 billion in dividends to stockholders. As an internally-managed, publicly-traded real estate investment trust, MFA continues to demonstrate its commitment to shareholder value through consistent dividend payments.