|Bid||3.9800 x 4000|
|Ask||4.0300 x 27000|
|Day's Range||3.7900 - 4.0760|
|52 Week Range||0.3200 - 7.3500|
|Beta (5Y Monthly)||1.72|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 23, 2021|
|Forward Dividend & Yield||0.30 (7.43%)|
|Ex-Dividend Date||Dec 29, 2020|
|1y Target Est||4.20|
Ladies and gentlemen, thank you for standing by, and welcome to the MFA Financial, Inc. fourth-quarter earnings conference call. The information discussed on this conference call today may contain or refer to forward-looking statements regarding MFA Financial, Inc., which reflect management's beliefs, expectations, and assumptions as to MFA's future performance and operations. When used, statements that are not historical in nature, including those containing words such as will, believe, expect, anticipate, estimate, should, could, would or similar expressions are intended to identify forward-looking statements.
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 BenzingaClick here for options trades from BenzingaEarnings Scheduled For February 23, 2021Earnings Outlook For MFA Financial© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
MFA Financial, Inc. (NYSE: MFA) today provided its financial results for the fourth quarter ended December 31, 2020.