MFA Stock Recent News

MFA Financial (NYSE: MFA ) stock is climbing more than 5% as of this writing. This movement in shares of the small New York investment company comes on the support of Starwood Capital CEO Barry Sternlicht.

MFA Financial, Inc. (NYSE:MFA ) Q4 2022 Earnings Conference Call February 23, 2023 10:00 AM ET Company Participants Harold Schwartz - Senior Vice President, General Counsel & Secretary Craig Knutson - President & Chief Executive Officer Gudmundur Kristjansson - Co-Chief Investment Officer Bryan Wulfsohn - Co-Chief Investment Officer Stephan Yarad - Chief Financial Officer Conference Call Participants Steve Delaney - JMP Securities Douglas Harter - Credit Suisse Bose George - KBW Eric Hagen - BTIG Operator Ladies and gentlemen, thank you for standing by and welcome to the MFA Financial Announcement Fourth Quarter 2022 Earnings Call. [Operator Instructions] As a reminder, today's conference is being recorded.

MFA Financial just cut its quarterly cash dividend payout by 20% after rising Fed fund rates weighed down on net interest income. The new yield at nearly 12% still provides double-digit income to shareholders but also looks at risk.

NEW YORK--( BUSINESS WIRE )--MFA Financial, Inc. (NYSE: MFA) plans to host a live audio webcast of its investor conference call on Thursday, February 23, 2023, at 10:00 a.m. (Eastern Time) to discuss its fourth quarter 2022 financial results, which are scheduled to be announced earlier that day.

MFA Financial, Inc.'s dividend payment of $1.76 represents a dividend yield of 16.43%. MFA Financial reported net interest income of $52.3 million, down 15.37% compared to $61.8 million in the previous year.

MFA Financial, Inc. (NYSE:MFA ) Q3 2022 Earnings Conference Call November 3, 2022 10:00 AM ET Company Participants Hal Schwartz - Senior Vice President, General Counsel and Secretary Craig Knutson - President and CEO Steve Yarad - Chief Financial Officer Bryan Wulfsohn - Co-Chief Investment Officer Gudmundur Kristjansson - Co-Chief Investment Officer Conference Call Participants Mike Smith - KBW Steve DeLaney - JMP Securities Eric Hagen - BTIG Operator Ladies and gentlemen, thank you for standing by. Welcome to the MFA Financial, Inc. Third Quarter 2022 Conference.

MFA Financial (MFA) delivered earnings and revenue surprises of -1,140% and 2.94%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Big yield and big upside create an attractive investment. The fixed-rate dividend is out of fashion, but investors previously accepted a yield in the upper 7% range when the 10-year Treasury was over 3.2%.

MFA Financial generates high yield and its yield generating capacity got a further boost through its acquisition of US based premier lender, Lima One. Since MFA's reverse stock split in April 2022, price started declining and despite share buyback programs, the stock is still trading quite low.

MFA Financial, Inc. (NYSE:MFA ) Q2 2022 Earnings Conference Call August 4, 2022 11:00 AM ET Company Participants Hal Schwartz - Senior Vice President, General Counsel and Secretary Craig Knutson - President and CEO Steve Yarad - Chief Financial Officer Bryan Wulfsohn - Co-Chief Investment Officer Gudmundur Kristjansson - Co-Chief Investment Officer Conference Call Participants Bose George - KBW Steve DeLaney - JMP Securities Eric Hagen - BTIG Doug Harter - Credit Suisse Operator Ladies and gentlemen, good morning, and thank you for standing by. Today's conference assembled.