U.S. markets open in 7 hours 15 minutes
  • S&P Futures

    4,115.75
    -8.75 (-0.21%)
     
  • Dow Futures

    32,694.00
    -43.00 (-0.13%)
     
  • Nasdaq Futures

    12,985.50
    -46.00 (-0.35%)
     
  • Russell 2000 Futures

    1,909.60
    -5.00 (-0.26%)
     
  • Crude Oil

    89.73
    -0.77 (-0.85%)
     
  • Gold

    1,805.00
    -7.30 (-0.40%)
     
  • Silver

    20.37
    -0.11 (-0.55%)
     
  • EUR/USD

    1.0216
    -0.0002 (-0.02%)
     
  • 10-Yr Bond

    2.7970
    0.0000 (0.00%)
     
  • Vix

    21.77
    +0.48 (+2.25%)
     
  • GBP/USD

    1.2074
    -0.0003 (-0.02%)
     
  • USD/JPY

    135.0250
    -0.0910 (-0.07%)
     
  • BTC-USD

    22,894.78
    -922.93 (-3.87%)
     
  • CMC Crypto 200

    531.96
    -25.40 (-4.56%)
     
  • FTSE 100

    7,488.15
    +5.78 (+0.08%)
     
  • Nikkei 225

    27,813.01
    -186.95 (-0.67%)
     

MFA Finl: Q4 Earnings Insights

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

 

Shares of MFA Finl (NYSE:MFA) fell 0.2% after the company reported Q4 results.

Quarterly Results

Earnings per share decreased 61.90% over the past year to $0.08, which beat the estimate of $0.07.

Revenue of $19,432,000 decreased by 72.50% year over year, which missed the estimate of $34,800,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

MFA Finl hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Feb 23, 2021

View more earnings on MFA

Time: 10:00 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/mfa2/mediaframe/42904/indexr.html

Price Action

52-week high: $8.04

52-week low: $0.32

Price action over last quarter: Up 37.50%

Company Overview

MFA Financial Inc is a holding company for its subsidiaries in the real estate finance business that invest in a portfolio of residential mortgage assets on a leveraged basis. This portfolio is primarily comprised of government-sponsored agency mortgage-backed securities, or MBS, non-agency MBS, residential mortgage loans, and credit risk transfers, or CRT, that divert risk from residential mortgages securitized by government-sponsored enterprises. Together, MBS and CRT securities, represent the largest portion of MFA Financial's portfolio. The company generates nearly all of its revenue from interest payments derived from its financial holdings. The largest counterparties to MFA Financial's assets in terms of country of domicile are the U.S. and Switzerland.

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.