|Bid||2.7200 x 2900|
|Ask||2.7300 x 1400|
|Day's Range||2.6650 - 2.7700|
|52 Week Range||0.3200 - 8.0900|
|Beta (5Y Monthly)||1.53|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov. 04, 2020 - Nov. 09, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar. 30, 2020|
|1y Target Est||4.25|
While asset sales are expected to have boosted MFA Financial's (MFA) liquidity, the decline in interest rates is anticipated to have accelerated prepayment activities on its securities in Q2.
This year has been a wild one for mortgage REITs (mREITs). The COVID-19 crisis created a credit crunch that swept through the entire sector, causing big declines in book value and sizable dividend cuts. MFA Financial (NYSE: MFA) had what amounts to a corporate near-death experience.
Q1 2020 MFA Financial Inc Earnings Call