BTIG Upgrades MFA Financial, Inc. to 'Buy' with New Price Target
BTIG analyst Douglas Harter raised MFA Financial's rating to 'buy' with a $10.5 price target, a 11.88% upside from the current price.
Key Points
- BTIG upgraded MFA Financial, Inc. to a 'buy' rating with a $10.5 price target on June 17, 2026.
- BTIG's $10.50 price target implies 11.88% upside from MFA Financial, Inc.'s ($MFA) current $9.38 share price.
- MFA Financial's shares trade at $9.55 on the NYSE with a market cap of approximately $957.6 million.
- Insiders recently bought shares, while analysts have mixed ratings with a consensus target price of $14.8.
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BTIG analyst Douglas Harter has upgraded MFA Financial, Inc. (NYSE: MFA) to a 'buy' rating, setting a new price target of $10.5. This update was made on June 17, 2026, as the company's stock traded around $9.55.
MFA Financial, Inc. Stock Up 6.3%
Shares of MFA Financial, Inc. are currently trading near $9.55 on the NYSE. The company boasts a market cap of approximately $957.6 million and has a P/E ratio of 10.7. Its forward P/E is 6.3, indicating expectations of higher future earnings. The stock's 52-week range spans from $8.78 to $10.57, with a 50-day moving average of $9.72 and a 200-day moving average of $9.65. The company maintains a high current ratio of 33.5 and a quick ratio of 32.8, though it carries a significant debt-to-equity ratio of 625.7.
Recent Earnings
In its most recent quarter, MFA Financial reported revenue of $288.1 million, though this represented a decline of 46.5% compared to the previous year. The company's net margin stood at 46.7%, and it achieved a return on equity of 7.4%. Earnings per share were reported at $0.88. MFA Financial is scheduled to announce its next earnings results on August 5, 2026.
Dividend
MFA Financial offers an attractive dividend with an annual rate of $1.44, yielding 15.35%. The company's dividend payout ratio is relatively high at 163.64%, indicating that it returns a significant portion of its earnings to shareholders.
Insider Buying and Selling at MFA Financial, Inc.
Several insiders at MFA Financial have recently purchased shares. On June 8, 2026, Laurie Goodman, Lisa Polsky, Richard Wald, Robin Josephs, Christopher Small, and Sheila Stamps each acquired 16,448 shares, while Goodman bought an additional 29,057 shares. These transactions were not planned under a Rule 10b5-1 plan.
Analysts Set New Price Targets
On June 17, 2026, BTIG upgraded MFA Financial to a 'buy' rating with a $10.5 price target. RBC Capital maintained its 'hold' rating with a $10.0 target on June 3, 2026, while Keefe, Bruyette & Woods also maintained a 'hold' with the same target on May 6, 2026. Citizens maintained a 'buy' rating with an $11.5 target on May 4, 2026. The consensus among analysts is a 'buy' rating, with an average target price of $14.8 based on five opinions.
About MFA Financial, Inc.
MFA Financial, Inc. is a real estate investment trust (REIT) based in New York, New York. It primarily invests in residential whole loans and mortgage-related assets, operating through segments like Mortgage-Related Assets and Lima One. The company also engages in mortgage origination and servicing through its Lima One segment. Founded in 1997, MFA Financial is led by CEO Craig L. Knutson and employs over 300 people.
Bottom Line
BTIG's upgrade to a 'buy' rating and the new $10.5 price target highlight renewed confidence in MFA Financial, Inc. Investors often track these analyst updates for insights into potential stock performance. It's important to remember that these ratings and targets reflect analysts' views and are based on available data and projections.
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