Entering text into the input field will update the search result below

JPMorgan buys the dip in MFA Mortgage

Jan. 26, 2016 7:30 AM ETMFA Financial, Inc. (MFA) StockMFABy: Stephen Alpher, SA News Editor2 Comments
  • A bit more than a year ago, MFA Mortgage (NYSE:MFA) was a rare mortgage REIT not selling at a gaping discount to book value. Since, book value has declined a bit, but the price investors are willing to pay for that book value has fallen way further.
  • At yesterday's close of $5.79, MFA was trading at about a 25% discount to the most recently (Sept. 30) disclosed book value - amazingly that 25% discount is still among the lowest in the mREIT sector.
  • JPMorgan upgrades to Overweight with $7 price target.

Recommended For You

About MFA Stock

SymbolLast Price% Chg
FFO (FWD)
PE
Div Rate (TTM)
Yield (TTM)
Market Cap
Volume
Compare to Peers

Related Stocks

SymbolLast Price% Chg
MFA--
MFA Financial, Inc.