MFA Financial Management
Management criteria checks 3/4
MFA Financial's CEO is Craig Knutson, appointed in Aug 2017, has a tenure of 7.33 years. total yearly compensation is $6.64M, comprised of 12% salary and 88% bonuses, including company stock and options. directly owns 0.6% of the company’s shares, worth $6.34M. The average tenure of the management team and the board of directors is 3 years and 6.1 years respectively.
Key information
Craig Knutson
Chief executive officer
US$6.6m
Total compensation
CEO salary percentage | 12.0% |
CEO tenure | 7.3yrs |
CEO ownership | 0.6% |
Management average tenure | 3yrs |
Board average tenure | 6.1yrs |
Recent management updates
Recent updates
MFA Financial: Gaining Strength After Rate Cuts
Oct 14MFA Financial Issues Second Note Due In 2029
Jun 14MFA Financial: High Yield But Risk Of Cut Looms
May 28MFA PFDs Revisited: FOMC Has Changed The Outlook (Rating Upgrade)
Dec 26MFA Financial: Not Yet A Buy, Wait For Bullish Indicators
Nov 22MFA Financial: A High-Yielding Mortgage REIT Started Generating Decent Price Growth
Aug 27MFA Financial Q4 2022 Earnings Preview
Feb 22MFA Financial: Don't Chase Yield After A 20% Dividend Cut
Feb 08Consider MFA Financial Convertible Notes Yielding 12.7%
Jan 10MFA Financial decrease dividend by -20.5% to $0.35/share
Dec 14MFA Financial: Buy This REIT For Solid Dividend Yield
Dec 06MFA Financial Non-GAAP EPS of $0.28 misses by $0.07, Net interest income of $52.29M misses by $0.61M
Nov 03MFA Financial stock climbs 5% aftermarket on preliminary estimates for Q3
Oct 17MFA Financial declares $0.44 dividend
Sep 13MFA Financial: Strong Yield But Negative Total Return
Aug 16MFA Financial: The Reverse Stock Split Makes Investors Wary
May 19MFA Financial: Buy The Dip
Feb 25MFA Financial: Exceptional Dividend With A Diversified Loan Portfolio
Feb 16MFA Financial reports Q1 results
May 06CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | US$170m |
Jun 30 2024 | n/a | n/a | US$65m |
Mar 31 2024 | n/a | n/a | -US$2m |
Dec 31 2023 | US$7m | US$800k | US$47m |
Sep 30 2023 | n/a | n/a | -US$36m |
Jun 30 2023 | n/a | n/a | -US$35m |
Mar 31 2023 | n/a | n/a | -US$109m |
Dec 31 2022 | US$6m | US$800k | -US$265m |
Sep 30 2022 | n/a | n/a | -US$228m |
Jun 30 2022 | n/a | n/a | -US$40m |
Mar 31 2022 | n/a | n/a | US$127m |
Dec 31 2021 | US$7m | US$800k | US$295m |
Sep 30 2021 | n/a | n/a | US$297m |
Jun 30 2021 | n/a | n/a | US$252m |
Mar 31 2021 | n/a | n/a | US$282m |
Dec 31 2020 | US$5m | US$800k | -US$709m |
Sep 30 2020 | n/a | n/a | -US$650m |
Jun 30 2020 | n/a | n/a | -US$638m |
Mar 31 2020 | n/a | n/a | -US$637m |
Dec 31 2019 | US$5m | US$700k | US$362m |
Sep 30 2019 | n/a | n/a | US$322m |
Jun 30 2019 | n/a | n/a | US$314m |
Mar 31 2019 | n/a | n/a | US$291m |
Dec 31 2018 | US$5m | US$700k | US$286m |
Sep 30 2018 | n/a | n/a | US$325m |
Jun 30 2018 | n/a | n/a | US$302m |
Mar 31 2018 | n/a | n/a | US$311m |
Dec 31 2017 | US$4m | US$700k | US$307m |
Compensation vs Market: Craig's total compensation ($USD6.64M) is above average for companies of similar size in the US market ($USD3.24M).
Compensation vs Earnings: Craig's compensation has been consistent with company performance over the past year.
CEO
Craig Knutson (65 yo)
7.3yrs
Tenure
US$6,640,540
Compensation
Mr. Craig L. Knutson has been the Chief Executive Officer of MFA Financial, Inc. since August 16, 2017 and served as its President from January 1, 2014, until September 03, 2024 respectively. Mr. Knutson s...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Director | 7.3yrs | US$6.64m | 0.60% $ 6.3m | |
President & Chief Investment Officer | less than a year | US$3.37m | 0.13% $ 1.4m | |
Senior VP & CFO | 1.3yrs | US$1.31m | 0.031% $ 333.8k | |
Senior VP | no data | US$1.76m | 0.063% $ 669.8k | |
Senior VP & Chief Accounting Officer | less than a year | no data | no data | |
Senior VP & CTO | 7.8yrs | no data | no data | |
Senior VP & Co-Controller | 3yrs | no data | 0.012% $ 123.9k | |
Senior VP & Co-Controller | 3yrs | no data | 0.011% $ 118.2k |
3.0yrs
Average Tenure
43yo
Average Age
Experienced Management: MFA's management team is considered experienced (3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Director | 7.3yrs | US$6.64m | 0.60% $ 6.3m | |
Independent Director | 4.9yrs | US$283.75k | 0.047% $ 503.7k | |
Independent Director | 14.9yrs | US$300.00k | 0.096% $ 1.0m | |
Independent Non-Executive Chair of the Board | 10.4yrs | US$385.00k | 0.095% $ 1.0m | |
Independent Director | 3yrs | US$270.00k | 0.024% $ 252.8k | |
Independent Director | 4.5yrs | US$270.00k | 0.047% $ 503.7k |
6.1yrs
Average Tenure
65.5yo
Average Age
Experienced Board: MFA's board of directors are considered experienced (6.1 years average tenure).
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/22 22:41 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
---|---|---|---|
Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
MFA Financial, Inc. is covered by 25 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
Jessica Levi-Ribner | B. Riley Securities, Inc. |
Eric Hagen | BTIG |
Michael Diana | Cantor Fitzgerald & Co. |