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. (NYSE: MFA) generates frequent news for investors interested in residential mortgage finance and real estate investment trusts (REITs). The company regularly issues press releases on quarterly earnings, portfolio activity, securitizations and dividend declarations on its common and preferred stock.
News updates often cover financial results for each quarter, including GAAP net income, distributable earnings, book value metrics and total economic return. MFA also reports on changes in its residential investment portfolio, such as acquisitions of Non-QM loans, business purpose loans and agency mortgage-backed securities, as well as portfolio runoff, asset sales and credit performance indicators like delinquency rates.
Another key news theme is capital markets activity. MFA announces Non-QM loan securitizations, including transaction sizes, collateral characteristics and credit ratings on securitized tranches. The company also discloses developments in its at-the-market equity offering programs for common and preferred stock, along with related corporate actions documented in Form 8-K filings.
Dividend-related news is prominent, with regular announcements of quarterly cash dividends on MFA’s common stock and its Series B and Series C preferred shares, specifying dividend amounts, record dates and payment dates. In addition, MFA issues notices regarding investor events such as live audio webcasts of earnings conference calls and the posting of presentation materials.
Investors and analysts who follow MFA’s news can track how the company manages its residential mortgage loan and securities portfolio, how it uses securitization and hedging, and how its Board of Directors approaches common and preferred dividend policy. Bookmarking this page provides a centralized view of the latest MFA press releases and related market disclosures.
MFA Financial, Inc. (NYSE: MFA) has announced a 1-for-4 reverse stock split effective April 4, 2022. This corporate action will reduce each stockholder's number of shares by a factor of four, while preserving ownership percentages. Trading on a post-split basis is expected to commence on April 5, 2022. The reverse split will not impact the upcoming dividend of $0.11 per share, payable on April 29, 2022, to stockholders recorded before the split. Stockholders will receive cash for any fractional shares instead of issuing them.
MFA Financial, Inc. (NYSE: MFA) declared a cash dividend of $0.11 per share for Q1 2022, payable on April 29, 2022, to stockholders of record by March 22, 2022. Additionally, the Board authorized a new share repurchase program allowing for the buyback of up to $250 million in common stock through the end of 2023, replacing the previous program with $25.6 million remaining. Repurchases will depend on market conditions and may occur via various methods, funded by cash balances and future investment portfolio run-off.
MFA Financial reported a fourth quarter 2021 net income of $35.9 million, or $0.08 per share, with a GAAP book value of $4.78 and an economic book value of $5.15 per share. Net interest income rose 13% to $70.1 million, driven by successful asset acquisitions and record origination volumes at Lima One. The company completed $937 million in securitizations and repurchased 8.5 million shares. However, market volatility led to unrealized losses of approximately $42.6 million in residential whole loans. The total shareholder return for 2021 was 27.6%.
MFA Financial, Inc. has declared dividends for its preferred stock for Q1 2022. A $0.46875 per share dividend will be paid on the 7.50% Series B Cumulative Redeemable Preferred Stock, with payment scheduled for March 31, 2022. The record date for shareholders is March 1, 2022. Additionally, a $0.40625 per share dividend will be issued for the 6.50% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, also payable on March 31, 2022, to shareholders recorded by March 1, 2022.
MFA Financial, Inc. (NYSE: MFA) is set to hold a live audio webcast on February 23, 2022, at 10:00 a.m. ET to discuss its fourth quarter 2021 financial results. The financial results will be announced earlier that day. Investors can access the webcast by visiting MFA's official website. Participants are advised to log in at least 15 minutes before the call to ensure proper setup. Additionally, earnings presentation materials will be available on the website before the call, with an audio replay accessible afterward.
MFA Financial, Inc. (NYSE: MFA) has elected Sheila A. Stamps to its Board of Directors, effective immediately. The appointment increases the board's total to eight members, with seven being independent and four women. She brings a wealth of experience in strategy, business development, and risk management, previously serving on boards including Atlas Air and Pitney Bowes. Stamps also has a strong background in finance, having held significant positions at Bank of America and the New York State Insurance Fund. This change aims to enhance the governance and strategic direction of MFA.
MFA Financial, Inc. (NYSE: MFA) has declared a $0.11 cash dividend for Q4 2021, payable on January 31, 2022, to stockholders of record by December 31, 2021. This dividend reflects MFA's ongoing commitment to returning value to its shareholders. The company specializes in financing residential mortgage assets and operates as a publicly-traded real estate investment trust (REIT), focusing on residential whole loans and mortgage-backed securities.
MFA Financial, Inc. (NYSE: MFA) has announced dividends for its preferred stock for Q4 2021. The Board declared a dividend of $0.46875 per share for the 7.50% Series B Cumulative Redeemable Preferred Stock and $0.40625 per share for the 6.50% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock. Both dividends are payable on December 31, 2021, to stockholders on record as of December 1, 2021. This highlights the company's ongoing commitment to providing returns to its investors.
MFA Financial, Inc. reported a net income of $124.3 million for Q3 2021, translating to $0.28 per basic share. This includes $43.9 million from the acquisition of Lima One Capital. The GAAP book value per share rose to $4.82, while the economic book value reached $5.27. The company recorded a 15% increase in net interest income, totaling $61.8 million, driven by significant loan acquisitions, including $2 billion in loans, the highest in its history. A regular cash dividend of $0.10 per share was paid on October 29, 2021.
MFA Financial, Inc. (NYSE: MFA) will hold a live audio webcast on November 5, 2021, at 10:00 a.m. ET to discuss its third quarter 2021 financial results. The earnings results will be announced earlier that day. Investors can access the webcast via the MFA website. Additionally, earnings presentation materials will be available prior to the call, and an audio replay will be posted afterward. MFA specializes in investing in residential mortgage assets and financing through its subsidiaries.