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Investing.com - RBC Capital has reiterated its Sector Perform rating and $10.00 price target on MFA Financial Inc. (NYSE:MFA) following the company’s second-quarter results. According to InvestingPro data, MFA currently offers a substantial 14.12% dividend yield and has maintained dividend payments for 28 consecutive years, trading at a P/E ratio of 11.58.
The firm revised its estimates after reviewing MFA’s quarterly performance, noting that the company’s distributable earnings per share may continue to experience volatility in the near term.
RBC Capital specifically pointed to potential "noise" in future distributable earnings from credit loss realizations as some challenged transitional loans reach resolution stages.
The analyst firm expects these credit events to have a neutral impact on MFA’s book value per share, as fair value changes have already been marked-to-market on a quarterly basis.
RBC Capital maintained its Sector Perform rating on MFA Financial, stating that the risk/reward profile appears balanced at current levels, which supports keeping the price target unchanged at $10.
In other recent news, MFA Financial reported its second-quarter earnings for 2025, which fell short of analyst expectations. The company announced an earnings per share (EPS) of $0.24, missing the forecasted $0.29, representing a 17.24% negative surprise. Revenue also came in slightly below expectations at $61.28 million, compared to the anticipated $61.53 million. In addition to the earnings report, MFA Financial declared a regular quarterly cash dividend of $0.36 per share of common stock. The dividend is scheduled to be paid on October 31, 2025, to stockholders of record as of September 30, 2025. These recent developments highlight the company’s financial performance and shareholder returns.
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