Company Update THIRD QUARTER 2024 FINANCIAL, INC. Q3 2022 Financial Snapshot Forward-looking statements When used in this presentation or other written or oral communications, statements that are not historical in nature, including those containing words such as "will," "believe," "expect," "anticipate," "estimate," "plan," "continue," "intend," "should," "could," "would," "may," the negative of these words or similar expressions, are intended to identify "forward-looking statements" within the meaning of S ...

Core Viewpoint - MFA Financial reported quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.41 per share, and showing a decrease from $0.40 per share a year ago, indicating an earnings surprise of -12.20% [1][2] Financial Performance - The company posted revenues of $50.63 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 6.25%, compared to $46.14 million in the same quarter last year [2] - Over the last four quarters, MFA Financial has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance - MFA Financial shares have increased approximately 9.3% since the beginning of the year, while the S&P 500 has gained 21.2% [3] - The current consensus EPS estimate for the upcoming quarter is $0.40 on revenues of $55.4 million, and for the current fiscal year, it is $1.60 on revenues of $211 million [7] Industry Outlook - The REIT and Equity Trust industry, to which MFA Financial belongs, is currently ranked in the bottom 45% of over 250 Zacks industries, which may impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that industry outlook can materially affect stock performance [5][8]

MFA Financial, Inc. (MFA) is slated to report third-quarter 2024 results on Nov. 6. The company is likely to have registered year-over-year growth in revenues and earnings.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, this real estate investment trust, which is primarily engaged in the business of investing in mortgage-backed securities, posted distributable earnings of 44 cents, beating the Zacks Consensus Estimate by 15.8%. Revenues were $53.49 mill ...

Editor's note: Seeking Alpha is proud to welcome David Johnson as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. David A. Johnson is founder and principal of Endurance Capital Management, a New Jersey Limited Liability Company. As an investor entrepreneur, David invests in stocks, bonds, options, ETFs, REITs, real estate, closed end funds and alternati ...

Quite a few REITs (Real Estate Invesment Trusts) have made their way onto the Zacks Rank #1 (Strong Buy) list with several standing out in terms of affordability. Trading under $20 a share, these REIT stocks have annual dividend yields over 10% which may certainly peak investors' interest. MFA Financial At $12, MFA Financials' (MFA) stock currently has a 10.96% annual dividend yield. More intriguing is that MFA trades at just 7.8X forward earnings with the company's focus being on mortgage-backed securities ...

MFA Financial (MFA) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-13991 MFA FINANCIAL, INC. (Exact nam ...

MFA Financial, Inc. (NYSE:MFA) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Hal Schwartz – Senior Vice President-General Counsel and Secretary Craig Knutson – Chief Executive Officer and President Mike Roper – Chief Financial Officer Gudmundur Kristjansson – Co-Chief Investment Officer Bryan Wulfsohn – Co-Chief Investment Officer Conference Call Participants Stephen Laws – Raymond James Bose George – KBW Jake Katsikas – BTIG Doug Harter – UBS Steve Delaney – Citizens JMP ...

Company Update SECOND QUARTER 2024 F FINANCIAL, INC. Q3 2022 Financial Snapshot Forward-looking statements When used in this presentation or other written or oral communications, statements that are not historical in nature, including those containing words such as "will," "believe," "expect," "anticipate," "estimate," "plan," "continue," "intend," "should," "could," "would," "may," the negative of these words or similar expressions, are intended to identify "forward-looking statements" within the meaning o ...

MFA Financial (MFA) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.40 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 15.79%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.40 per share when it actually produced earnings of $0.35, delivering a surprise of -12.50%. Over the last four q ...