|Bid||2.8600 x 1400|
|Ask||2.8700 x 40000|
|Day's Range||2.8450 - 2.8982|
|52 Week Range||0.3200 - 8.0900|
|Beta (5Y Monthly)||1.50|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.20 (6.90%)|
|Ex-Dividend Date||Sep 29, 2020|
|1y Target Est||N/A|
A look at the shareholders of MFA Financial, Inc. (NYSE:MFA) can tell us which group is most powerful. Large companies...
Early spring was a brutal time for mortgage real estate investment trusts. Unlike typical REITs, which invest in property and charge rent, mortgage REITs invest in debt securities secured by real estate. The financial markets seized up early during the pandemic, and mortgage REITs were hit harder than most.
In Q2, MFA Financial (NYSE: MFA) posted sales of $-623.00 thousand. Earnings were up 168.25%, but MFA Financial still reported an overall loss of $64.30 million. In Q1, MFA Financial brought in $61.70 million in sales but lost $23.97 million in earnings.What Is ROCE? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company's ROCE. A higher ROCE is generally representative of successful growth of a company and is a sign of higher earnings per share in the future. A low or negative ROCE suggests the opposite. In Q2, MFA Financial posted an ROCE of -0.03%.Keep in mind, while ROCE is a good measure of a company's recent performance, it is not a highly reliable predictor of a company's earnings or sales in the near future.View more earnings on MFAReturn on Capital Employed is an important measurement of efficiency and a useful tool when comparing companies that operate in the same industry. A relatively high ROCE indicates a company may be generating profits that can be reinvested into more capital, leading to higher returns and growing EPS for shareholders.In MFA Financial's case, the ROCE ratio shows the amount of assets may not be helping the company achieve higher returns. Investors may take this into account before making any long-term financial decisions.Q2 Earnings Insight MFA Financial reported Q2 earnings per share at $0.19/share, which did not meet analyst predictions of $0.23/share.See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * Benzinga's Top Upgrades, Downgrades For August 24, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.