MFA
MFA Financial, Inc.
There isn't enough reported data to score MFA yet.
MFA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
MFA's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for real estate companies like MFA.
MFA PE Valuation
MFA has no meaningful PE right now: it lost money over the past year.
MFA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect MFA's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
MFA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.27 | -2.6% |
| Q3 2022 | -$2.18 | -184% |
| Q2 2022 | -$0.48 | -122% |
| Q1 2022 | $1.10 | -55% |
MFA's earnings per share have fallen from their peak: $1.30 over the past year, against $3.20 in late 2019.
MFA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $61.4M | +8.1% |
| Q2 2026 | $58.6M | -4.4% |
| Q1 2026 | $59.2M | +2.9% |
| Q4 2025 | $55.5M | +9.2% |
| Q3 2025 | $56.8M | +12% |
| Q2 2025 | $61.3M | +15% |
| Q1 2025 | $57.5M | +20% |
| Q4 2024 | $50.8M | +9.3% |
MFA's revenue is recovering but still below its 2019 peak: $61M last quarter, up 8.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 56% | +25 points |
| Q2 2026 | 29% | -6.7 points |
| Q1 2026 | 25% | -2.9 points |
| Q4 2025 | 38% | +16 points |
| Q3 2025 | 31% | +16 points |
| Q2 2025 | 36% | +15 points |
| Q1 2025 | 28% | +25 points |
| Q4 2024 | 22% | +7.9 points |
MFA's operating margin was 56% last quarter, up 25 points from the same quarter a year ago.
MFA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $231.1M | +1470% |
| Q2 2026 | $128.8M | +235% |
| Q1 2026 | $71.1M | +$85.6M |
| Q4 2025 | $37.6M | -66% |
| Q3 2025 | $14.7M | +$26M |
| Q2 2025 | $38.5M | -17% |
| Q1 2025 | -$14.6M | -127% |
| Q4 2024 | $111.4M | +2820% |
MFA's free cash flow was $469M over the past year, about three times what it generated the year before. Free cash flow isn't a meaningful measure for real estate companies like MFA.
MFA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2% | -2.1M shares |
| 1 year | -1.8% | -1.9M shares |
| 3 years | +1.4% | +1.5M shares |
| 5 years | -6.7% | -7.4M shares |
| Available history | -12% | -13.6M shares |
MFA has 103M diluted shares, down 1.8% from a year ago, with $20M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $586,000 |
| Q2 2026 | $5.1M |
| Q1 2026 | $9M |
| Q4 2025 | $5M |
| Q3 2025 | $5.1M |
| Q2 2025 | — |
| Q1 2025 | $5.2M |
| Q4 2024 | — |
MFA spent $20M buying back its own shares over the past year, up 93% from the year before.
MFA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2019 | 0.1x | Very low |
MFA's net debt is less than a year of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for real estate companies like MFA.
MFA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 13.7 | Oversold |
| Stochastic | 3.3 | Oversold |
MFA's weekly RSI is 14 (oversold) and its Stochastic is 3 (oversold).
MFA PE vs Real Estate Sector
| Metric | MFA | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
MFA has no meaningful PE right now: it lost money over the past year.
MFA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $6.80 | 18% below |
| 20 week MA | $8.15 | 32% below |
| 50 week MA | $9.12 | 39% below |
| 100 week MA | $9.45 | 41% below |
| 200 week MA | $10.2 | 46% below |
MFA is in a downtrend: it's below all five of its weekly moving averages, and 46% below its 200-week average.
MFA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $30.9 | $15.9 | -49% |
| 2021 | $15.9 | $18.7 | +18% |
| 2022 | $18.7 | $10.5 | -44% |
| 2023 | $10.5 | $11.3 | +6.9% |
| 2024 | $11.3 | $10.4 | -7.5% |
| 2025 | $10.4 | $9.71 | -6.9% |
| 2026 YTD | $9.71 | $5.56 | -43% |
MFA has finished lower in four of the last six years. It's down 43% so far in 2026.