Mfa Financial Stock Price, News & Analysis

MFA Financial, Inc. (NYSE: MFA) reported a strong first quarter of 2021, with a net income of $77.3 million or $0.17 per share. The company paid a cash dividend of $0.075 per share on April 30, 2021. GAAP book value was $4.63 per share, while Economic book value rose to $5.09 per share. Significant contributions included $32.1 million in market value gains from residential whole loans and net CECL reserve releases of $22.8 million. MFA also reduced interest expenses by 27% and executed several securitizations, enhancing liquidity and funding rates.

MFA Financial, Inc. (NYSE: MFA) has announced its agreement to acquire all remaining ownership interests in Lima One Holdings, LLC for approximately $1.3 billion, which includes Lima One’s $1.1 billion servicing portfolio and $200 million in related financial assets. This strategic acquisition aims to enhance MFA's business purpose lending (BPL) investment strategy, leveraging Lima One’s platform and expertise. The transaction is expected to close in Q3 2021, subject to regulatory approvals, positioning MFA for increased capital deployment in the BPL sector.

MFA Financial, Inc. (NYSE: MFA) is set to host a live webcast on May 6, 2021, at 10:00 a.m. ET to discuss its first quarter 2021 financial results. The results will be announced earlier that day. Interested participants can access the webcast via the MFA website under 'Webcasts & Presentations'. Prior to the call, earnings presentation materials will be available, and an audio replay will follow the event. MFA focuses on investing in residential mortgage assets, leveraging whole loans and mortgage-backed securities.

MFA Financial, Inc. (NYSE: MFA) declared a regular cash dividend of $0.075 per share for Q1 2021. The dividend will be distributed on April 30, 2021, to stockholders of record as of March 31, 2021. MFA operates primarily as a real estate investment trust, focusing on leveraged investments in residential mortgage assets, including loans and mortgage-backed securities.

MFA Financial, Inc. reported a fourth-quarter net income of $37.6 million or $0.08 per share for the period ending December 31, 2020. The company declared a cash dividend of $0.075 per share. The GAAP book value was $4.54 per share, while the Economic book value stood at $4.92 per share. Notable items included $25.3 million in expenses related to loan repayment and a $3.1 million charge for redeeming senior notes. The report highlights successful securitization efforts, generating $214.6 million in liquidity and significant stock repurchases.

MFA Financial, Inc. (NYSE: MFA) has declared dividends for its Series B and Series C Preferred Stocks, both payable on March 31, 2021. The dividend for Series B is set at $0.46875 per share, while for Series C, it is $0.40625 per share. Stockholders of record for both series will be determined on March 5, 2021. As a real estate investment trust, MFA focuses on investing in residential mortgage assets, boosting potential income streams for shareholders.

MFA Financial, Inc. (NYSE: MFA) will hold a live audio webcast on February 23, 2021, at 10:00 a.m. ET to discuss its fourth quarter 2020 financial results. The results will be announced earlier that day. Investors can access the webcast via the company’s website at mfafinancial.com, where earnings presentation materials will also be available. MFA is a real estate investment trust that invests in residential mortgage assets, including whole loans and mortgage-backed securities.

MFA Financial, Inc. has announced the redemption of all outstanding 8.00% Senior Notes due 2042, totaling $100 million, effective January 6, 2021. Investors will receive 100% of the principal amount, equating to $25 per $25 note, plus any accrued interest. This action reflects the company's strategy in managing its debt obligations. Questions regarding the redemption can be directed to the Depository Trust & Clearing Corporation.

MFA Financial, Inc. (NYSE: MFA) declared a cash dividend of $0.075 per share for Q4 2020. This dividend will be paid on January 29, 2021, to shareholders of record as of December 30, 2020. The company, a real estate investment trust, primarily invests in residential mortgage assets. This regular dividend payment reflects the company's ongoing commitment to returning value to its shareholders.