With 1.89 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.03 million shares. The 52-week range on MFA shows that it touched its highest point at $13.45 and its lowest point at $9.36 during that stretch. It currently has a 1-year price target of $11.88. With its current market cap of 1.06 billion, MFA has annualized dividend of $1.40 while the current yield stands at 13.51%. Beta for the stock currently stands at 2.25.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MFA was down-trending over the past week, with a drop of -1.80%, but this was up by 1.67% over a month. Three-month performance dropped to -6.07% while six-month performance fell -13.52%. The stock lost -4.69% in the past year, while it has gained 1.67% so far this year. A look at the trailing 12-month EPS for MFA yields 0.82 with Next year EPS estimates of 1.58. For the next quarter, that number is 0.38. This implies an EPS growth rate of -0.97% for this year and 1.33% for next year. EPS is expected to decline by -3.75% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -23.71%.
Float and Shares Shorts:
At present, 102.08 million MFA shares are outstanding with a float of 100.97 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MFA since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.59312 being high and $1.56287 being low. For MFA, this leads to a yearly average estimate of $1.57295. Based on analyst estimates, the high estimate for the next quarter is $0.38 and the low estimate is $0.33. The average estimate for the next quarter is thus $0.35.
