MFA Financial, Inc. Announces First Quarter 2024 Financial Results [Yahoo! Finance]
MFA Financial, Inc. (MFA)
Last mfa financial, inc. earnings: 2/20 08:30 am
Check Earnings Report
US:NYSE Investor Relations:
mfafinancial.com
Company Research
Source: Yahoo! Finance
MFA generated GAAP net income for the first quarter of $15.0 million, or $0.14 per basic and diluted common share. Distributable earnings, a non-GAAP financial measure, were $36.1 million, or $0.35 per common share. MFA paid a regular cash dividend of $0.35 per common share on April 30, 2024. GAAP book value at March 31, 2024 was $13.80 per common share. Economic book value, a non-GAAP financial measure, was $14.32 per common share. Total economic return was 0.7% for the first quarter. Net interest spread averaged 2.06% and net interest margin was 2.88%. MFA closed the quarter with unrestricted cash of $306.3 million. Commenting on the quarter, Craig Knutson, MFA's CEO and President, stated: "Although our book value was modestly impacted by higher interest rates, we are pleased to report strong distributable earnings for the opening months of 2024. We acquired or originated $652 million of residential mortgage loans during the quarter with an average coupon of approximate
Show less
Read more
Impact Snapshot
Event Time:
MFA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MFA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MFA alerts
High impacting MFA Financial, Inc. news events
Weekly update
A roundup of the hottest topics
MFA
News
- MFA Financial, Inc. (NYSE:MFA) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- MFA Financial, Inc. Announces First Quarter 2024 Financial ResultsBusiness Wire
- MFA Financial, Inc. (NYSE: MFA) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $12.50 price target on the stock.MarketBeat
- MFA Financial, Inc. Announces Pricing of Public Offering of Senior NotesBusiness Wire
- MFA Financial, Inc. Plans Live Audio Webcast of First Quarter 2024 Earnings Conference CallBusiness Wire
MFA
Earnings
- 5/6/24 - Miss
MFA
Sec Filings
- 5/6/24 - Form 10-Q
- 5/6/24 - Form 8-K
- 4/22/24 - Form ARS
- MFA's page on the SEC website