MFA Financial, Inc. MFA R2K
MFA Financial, Inc., together with its subsidiaries, operates as a real estate investment trust in the United States. It operates through two segments: Mortgage-Related Assets and Lima One. The Mortgage-Related Assets segment primarily invests in and manages a diversified portfolio of residential whole loans, including nonqualified mortgage loans, business purpose loans such as single-family rental loans, single-family and multifamily transitional loans, legacy re-performing and non-performing loans, and agency-eligible investor loans. This segment also invests in residential mortgage-backed securities, including agency MBS, non-agency MBS, and credit risk transfer securities. The Lima One segment includes a stand-alone mortgage origination and servicing business; and originates and services business purpose loans for real estate investors, and related mortgage banking activities. The company offers residential whole loans, including purchased credit deteriorated and non-performing loans; and mortgage servicing rights-related assets. The company's investment activities through a combination of securitization transactions, term loan warehouse financing and repurchase agreement financing. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. MFA Financial, Inc. was incorporated in 1997 and is based in New York, New York.
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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Excellent profit margin of 46.7%.
- Compounding revenue at 151.0% over 5 years.
- Profit CAGR of 58.8% over 5 years.
- Attractive dividend yield of 15.00%.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Real Estate).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | MFA MFA Financial, Inc. R2K | 9.60 | 10.91 | $980.10M | 15.00% | - | 7.44% | 151.01% | 58.78% |
| 2 | WELL Welltower Inc. SPX | 205.33 | 99.19 | $144.95B | 1.44% | 0.26% | 3.67% | 22.69% | 87.90% |
| 3 | PLD Prologis, Inc. SPX | 143.47 | 36.14 | $133.76B | 2.98% | 4.94% | 6.84% | 13.74% | -0.36% |
| 4 | EQIX Equinix, Inc. SPX | 1,068.04 | 74.07 | $105.33B | 1.84% | 5.61% | 10.06% | 8.27% | 24.18% |
| 5 | AMT American Tower Corporation SPX | 186.96 | 30.11 | $87.10B | 3.73% | 7.82% | 29.95% | 3.34% | 12.73% |
| 6 | SPG Simon Property Group, Inc. SPX | 204.91 | 14.25 | $77.86B | 4.29% | 17.44% | 113.59% | 6.35% | 29.32% |
| 7 | DLR Digital Realty Trust, Inc. SPX | 190.00 | 50.53 | $67.96B | 2.57% | 3.99% | 5.69% | 9.22% | 51.32% |
| 8 | O Realty Income Corporation SPX | 61.28 | 50.23 | $57.14B | 5.30% | 3.27% | 2.83% | 19.80% | 6.78% |
| 9 | PSA Public Storage SPX | 303.69 | 31.34 | $53.31B | 3.95% | 10.69% | 20.18% | 4.88% | -25.69% |
Quarterly Results
Figures in USD.
| Metric | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 74.80M | 64.94M | 77.53M | 81.32M | 33.39M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 122.97M | 127.07M | 129.00M | 134.94M | 132.74M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 40.30M | 33.42M | 48.00M | 54.32M | -984.00K |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -872.00K | 238.00K | -101.00K | 0 | 0 |
| Net Income | 79.51M | 73.47M | 78.07M | 78.95M | 83.01M | 72.64M | 78.06M | 79.94M | 63.80M | 100.59M | 83.39M | 70.39M | 87.13M | 60.88M | 88.86M | 93.04M | 95.60M | 100.62M | -909.00M | 96.58M | 87.21M | 45.82M | 85.52M | 66.71M | 132.51M | -82.91M | -100.37M | -55.02M | 72.78M | -25.93M | -56.44M | 23.21M | 41.95M | - | - | 41.18M | 33.18M | 48.10M | 54.32M | -984.00K |
| Diluted EPS | - | - | - | - | - | - | - | - | - | - | - | 0.17 | 0.19 | - | 0.19 | 0.20 | 0.20 | - | -2.02 | 0.19 | 0.17 | 0.08 | 0.67 | 0.53 | 1.08 | -0.86 | -1.06 | -0.62 | 0.62 | -0.34 | -0.64 | 0.14 | 0.32 | - | - | 0.31 | 0.21 | 0.35 | 0.42 | -0.11 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -84.58M | 205.46M | 252.85M | 298.59M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 258.84M | 429.12M | 521.23M | 513.98M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -232.43M | 80.44M | 119.69M | 176.05M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -851.00K | 278.00K | 443.00K | -735.00K |
| Net Income | - | 268.19M | 269.76M | 316.41M | 306.84M | 302.71M | 313.50M | 313.23M | 312.67M | 322.39M | 301.80M | 378.12M | -679.39M | - | -231.58M | 80.16M | 119.25M | 176.78M |
| Diluted EPS | 0.21 | 1.06 | 0.93 | - | - | - | - | - | - | 0.79 | 0.68 | 0.79 | -6.28 | - | -2.57 | 0.46 | 0.82 | 1.30 |
Compounded Sales Growth
| 5 Years: | 151.01% |
| 1 Year: | -46.50% |
Compounded Profit Growth
| 5 Years: | 58.78% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | +20.25% |
| 6 Months: | +8.70% |
| 3 Months: | -1.36% |
| 1 Month: | -5.60% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 9.63B | 8.69B | 11.75B | 13.52B | 12.47B | 12.35B | 13.16B | 12.48B | 10.95B | 12.42B | 13.57B | 6.93B | - | 9.11B | 10.77B | 11.41B | 13.05B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash & Equivalents | 234.41M | 361.17M | 653.46M | 345.24M | 394.02M | 401.29M | 565.37M | 182.44M | 165.01M | 260.11M | 449.76M | 51.97M | 70.63M | 814.35M | - | 334.18M | 318.00M | 338.93M | 213.21M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 367.82M | 123.01M | 126.04M | 119.99M |
| Total Liabilities | - | - | 7.46B | 6.44B | 9.25B | 10.21B | 9.33B | 9.15B | 10.20B | 9.45B | 7.69B | 9.00B | 10.18B | 4.41B | - | 7.12B | 8.87B | 9.57B | 11.22B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.59B | 4.96B | 5.98B | 6.55B |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.63B | 5.00B | 6.02B | 6.60B |
| Total Equity | - | - | 2.17B | 2.25B | 2.50B | 3.31B | 3.14B | 3.20B | 2.97B | 3.03B | 3.26B | 3.42B | 3.38B | 2.52B | - | 1.99B | 1.90B | 1.84B | 1.83B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 101.80M | 101.92M | 102.08M | 101.66M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 186.60M | 269.96M | 245.94M | - | 310.39M | 298.09M | 255.81M | 278.12M | 179.39M | 176.51M | 147.88M | 215.78M | 38.40M | - | 355.35M | 108.74M | 200.12M | 76.25M |
| Investing Cash Flow | -1.97B | 1.77B | 915.38M | - | -650.43M | 1.60B | 451.00M | 554.13M | 934.61M | 1.82B | -2.16B | -1.13B | 6.38B | - | -1.12B | -1.55B | -424.60M | -1.79B |
| Financing Cash Flow | 1.91B | -1.75B | -1.47B | - | 347.31M | -1.73B | -1.09B | -849.69M | -1.03B | -1.85B | 1.63B | 964.92M | -5.74B | - | 850.21M | 1.43B | 337.58M | 1.49B |
| Capital Expenditure | - | - | - | - | - | - | - | - | - | -872.00K | -1.13M | -1.88M | -4.86M | -12.05M | -300.00K | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | 175.64M | 146.75M | 213.90M | 33.53M | - | 355.35M | 108.74M | 200.12M | 76.25M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 89.63M | -5.87M | 113.10M | -214.64M |
| Share Buybacks | - | - | - | 0 | 9.71M | 16.28M | 0 | 0 | - | - | 0 | 0 | 50.84M | 85.59M | 102.31M | 0 | 1.49M | 15.31M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 273.8% | 39.0% | 47.2% | 59.2% |
| ROE % | - | 12.4% | 12.0% | 12.7% | 9.3% | 9.6% | 9.8% | 10.6% | 10.3% | 9.9% | 8.8% | 11.2% | -26.9% | - | -11.6% | 4.2% | 6.5% | 9.7% |
| ROCE % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 9.04% | 9.19M | $88.21M |
| 2 | Vanguard Portfolio Management LLC | 4.55% | 4.63M | $44.41M |
| 3 | Vanguard Capital Management LLC | 4.47% | 4.54M | $43.57M |
| 4 | Geode Capital Management, LLC | 2.53% | 2.57M | $24.71M |
| 5 | State Street Corporation | 2.39% | 2.43M | $23.34M |
| 6 | Mirae Asset Global ETFs Holdings Ltd. | 2.08% | 2.11M | $20.30M |
| 7 | Invesco Ltd. | 1.62% | 1.65M | $15.83M |
| 8 | Charles Schwab Investment Management, Inc. | 1.54% | 1.57M | $15.03M |
| 9 | Wolverine Asset Management, LLC | 1.51% | 1.53M | $14.72M |
| 10 | Van Eck Associates Corporation | 1.16% | 1.18M | $11.31M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
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