Syreeta sells MFA 7.03: I see an mREIT that was willing to take on substantial credit risk to enhance the yield of their portfolio.

The weighted average maturity was 51 months. Instead, we are working from Net Income which makes me feel less comfortable as an analyst. So far, that theory is playing out for many mREITs. I've been warning investors that when share prices for mREITs finally match book values it will likely involve lower book values rather than simply seeing the market correct share prices to match prior book values. I find this portfolio very interesting and it makes MFA Financial an mREIT worthy of thorough research.


Lurlene:
The portfolio is heavy on non-Agency MBS which allows them to use a lower level of leverage.

Krista:
The mREIT is using interest rate swaps to hedge the portfolio which is generally indicative of a portfolio that is appropriate for Core EPS.

Justine:
The ex-dividend date of this dividend was Thursday, June 25th.

Digna:
Investors of record on Monday, June 29th were given a dividend of $0.20 per share.

Marty:
MFA has been the subject of a number of recent research reports.

Andra:
MFA is a real estate investment trust primarily engaged in the business of investing, on a leveraged basis, in residential mortgage assets, including residential mortgage-backed securities and residential whole loans.

Samantha:
Six research analysts have rated the stock with a hold rating and two have issued a buy rating to the company.

Chau:
The ex-dividend date was Thursday, June 25th.

Jannie:
Investors of record on Monday, June 29th were given a $0.20 dividend.

Huong:
MFA Financial ( NYSE:MFA ) traded up 0.80% during trading on Friday, hitting $7.53. The stock had a trading volume of 2,499,195 shares.

Mfa Financial Inc (NYSE:MFA)
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