1.8400 -0.03 (-1.60%)
Pre-market: 4:35AM EDT
|Bid||0.0000 x 34100|
|Ask||1.8700 x 39400|
|Day's range||1.7500 - 1.9000|
|52-week range||0.3200 - 8.0900|
|Beta (5Y monthly)||1.52|
|PE ratio (TTM)||2.36|
|Earnings date||16 Jun 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||30 Mar 2020|
|1y target est||4.20|
The mortgage real estate investment trust (REIT) space has been hammered since the beginning of the COVID-19 pandemic. MFA Financial (NYSE: MFA) is a mortgage REIT that invests mainly in non-government guaranteed mortgage-backed securities and mortgages. Forbearance means the company has been unable to meet its margin calls and has agreed with its counterparties to hold off liquidating until a specified date.
KlaymanToskes ("KT"), http://www.klaymantoskes.com, announces an investigation on behalf of investors who sustained losses in excess of $100,000 from the recommended purchase of MFA Financial, Inc. (NYSE:MFA) ("MFA") a Real Estate Investment Trust ("REIT"). MFA closed at 7.90 on February 21, 2020, prior to the significant market event that was precipitated by COVID-19. Today, MFA trades at around 1.22, or nearly 85% lower than its market value on February 21, 2020. This investment may have been marketed and sold to investors who were risk averse, such as retirees or other conservative investors, that were seeking income and capital preservation and were not explained the potential risks by their full-service brokerage firm or their financial advisor.
MFA Financial (MFA) delivered earnings and revenue surprises of 5.00% and 15.64%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
MFA Financial's (MFA) Q4 earnings performance likely to reflect increased investments in purchased performing loans and use of additional leverage, including securitization.
MFA Financial (MFA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MFA Financial (MFA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Let's dive into five strong stocks currently trading for under $20 per share we found with our Zacks Stock Screener that investors might want to buy for 2020...
With economic fundamentals now appearing relatively healthier and expectations of repo market stabilizations, the following mREITs seem to be prudent choices.
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Amid current volatile interest-rate and high-prepayment environment, AGNC Invesmtent's (AGNC) prudent hedging strategies and continued portfolio-repositioning efforts look encouraging.