MFA Financial, Inc., through its subsidiaries, operates as a real estate investment trust (REIT) in the United States.
Limited growth and overvalued.
Share Price & News
How has MFA Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: M4Z's share price has been volatile over the past 3 months.
7 Day Return
DE Mortgage REITs
1 Year Return
DE Mortgage REITs
Return vs Industry: M4Z underperformed the German Mortgage REITs industry which returned -42.2% over the past year.
Return vs Market: M4Z underperformed the German Market which returned 0.3% over the past year.
Price Volatility Vs. Market
How volatile is MFA Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is MFA Financial undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: M4Z (€2.2) is trading above our estimate of fair value (€0.03)
Significantly Below Fair Value: M4Z is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: M4Z is unprofitable, so we can't compare its PE Ratio to the Mortgage REITs industry average.
PE vs Market: M4Z is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate M4Z's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: M4Z is good value based on its PB Ratio (0.5x) compared to the XX Mortgage REITs industry average (0.7x).
How is MFA Financial forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: M4Z is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: M4Z is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: M4Z is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: M4Z's revenue (90.1% per year) is forecast to grow faster than the German market (5.9% per year).
High Growth Revenue: M4Z's revenue (90.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if M4Z's Return on Equity is forecast to be high in 3 years time
How has MFA Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: M4Z is currently unprofitable.
Growing Profit Margin: M4Z is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: M4Z is unprofitable, and losses have increased over the past 5 years at a rate of -13.8% per year.
Accelerating Growth: Unable to compare M4Z's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: M4Z is unprofitable, making it difficult to compare its past year earnings growth to the Mortgage REITs industry (-44%).
Return on Equity
High ROE: M4Z has a negative Return on Equity (-25.39%), as it is currently unprofitable.
How is MFA Financial's financial position?
Financial Position Analysis
Short Term Liabilities: M4Z's short term assets ($7.8B) exceed its short term liabilities ($66.6M).
Long Term Liabilities: M4Z's short term assets ($7.8B) do not cover its long term liabilities ($8.6B).
Debt to Equity History and Analysis
Debt Level: M4Z's debt to equity ratio (353.3%) is considered high.
Reducing Debt: M4Z's debt to equity ratio has increased from 314.6% to 353.3% over the past 5 years.
Debt Coverage: M4Z's debt is not well covered by operating cash flow (2.2%).
Interest Coverage: Insufficient data to determine if M4Z's interest payments on its debt are well covered by EBIT.
What is MFA Financial current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate M4Z's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate M4Z's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if M4Z's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if M4Z's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: M4Z is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of M4Z's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Craig Knutson (61yo)
Mr. Craig L. Knutson has been the Chief Executive Officer and President of MFA Financial, Inc. since July 2017 and January 1, 2014 respectively. Mr. Knutson served as Co-Chief Executive Officer of MFA Fina ...
CEO Compensation Analysis
Compensation vs Market: Craig's total compensation ($USD5.35M) is above average for companies of similar size in the German market ($USD1.43M).
Compensation vs Earnings: Craig's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||9.83yrs||US$1.07m||0.029% $298.1k|
|Senior VP & Co-Chief Investment Officer||1.5yrs||US$2.19m||0.072% $723.8k|
|Senior VP & Co-Chief Investment Officer||1.5yrs||US$2.19m||0.033% $337.9k|
|Senior Vice President||no data||US$1.26m||0.077% $783.0k|
|Senior VP & Chief Accounting Officer||8.75yrs||no data||0.033% $334.0k|
|Senior VP & CTO||3.33yrs||no data||no data|
|Executive Vice President||no data||US$1.20m||0.14% $1.4m|
|Senior VP||no data||no data||0.024% $245.1k|
|Senior VP & Director of Tax||no data||no data||0.018% $187.1k|
Experienced Management: M4Z's management team is considered experienced (3.2 years average tenure).
|Independent Director||0.50yr||no data||no data|
|Independent Non-Executive Chairman of the Board||6.5yrs||US$380.00k||0.027% $273.0k|
|Independent Director||10.5yrs||US$300.00k||0.023% $236.5k|
|Independent Director||16.5yrs||US$270.00k||0.021% $211.7k|
|Independent Director||6yrs||US$290.00k||0.0025% $25.5k|
|Director||0.083yr||no data||no data|
|Independent Director||1.17yrs||US$229.29k||0.0043% $44.0k|
Experienced Board: M4Z's board of directors are considered experienced (4.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
MFA Financial, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: MFA Financial, Inc.
- Ticker: M4Z
- Exchange: DB
- Founded: 1997
- Industry: Mortgage REITs
- Sector: Diversified Financials
- Market Cap: US$1.138b
- Listing Market Cap: US$1.012b
- Shares outstanding: 453.24m
- Website: https://www.mfafinancial.com
Number of Employees
- MFA Financial, Inc.
- 350 Park Avenue
- 20th Floor
- New York
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MFA||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Apr 1998|
|M4Z||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Apr 1998|
|MFA.PRB||NYSE (New York Stock Exchange)||PFD SER B||US||USD||Apr 2013|
|MFAB.O||OTCPK (Pink Sheets LLC)||6.50 PFD SER C||US||USD||Feb 2020|
MFA Financial, Inc., through its subsidiaries, operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage assets, including non-agency mortgage-backed securities (MBS), agency MBS, and credit risk transfer securities; residential whole loans, including purchased performing loans, purchased credit impaired, and non-performing loans; and mortgage servicing rights related assets. The company has elected to be taxed as a REIT and would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders. MFA Financial, Inc. was incorporated in 1997 and is headquartered in New York, New York.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/04 21:53|
|End of Day Share Price||2020/07/03 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.