profit from every $100 of sales.
$0$100
MFA Financial
$5.97-4.94% today
-35.6% in 1 year
1-year low $5.971-year high $10.39
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2025.
0%20% a year
You pay $3.41 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What MFA Financial sold, what it kept, and what it did with the cash.
Sales went from -$84.6 million in 2022 to $299 million in 2025, with $177 million of profit last year.
SalesProfit
MFA Financial handed back more cash to shareholders than it generated last year.
$189M
Free cash flow 2025$76M
Bought back its own shares$15M
Paid as dividends$189M
Cash vs. debt$213M vs. $6.6B
MFA Financial vs. similar companies
MFA Financial grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| MFA Financial | 3.4× · Cheap | ||
 Annaly Capital Management | 7.3× · Cheap | ||
 AGNC Investment | 6.7× · Cheap | ||
 Rithm Capital | 7.6× · Cheap | ||
 Starwood Property | 10.8× · Cheap |
AI analysis
An AI analyst reads MFA Financial's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -85 | 205 | 253 | 299 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| -232 | 80 | 119 | 177 | |
| -2.57 | 0.46 | 0.82 | 1.30 | |
| – | – | – | – | |
| – | – | – | – | |
| 273.8% | 39.0% | 47.2% | 59.2% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 9,112 | 10,773 | 11,410 | 13,046 |
| Cash | 334 | 318 | 339 | 213 |
| Total debt | 3,631 | 5,003 | 6,020 | 6,599 |
| Total liabilities | 7,124 | 8,873 | 9,568 | 11,219 |
| 1,989 | 1,900 | 1,842 | 1,828 | |
| 103 | 104 | 105 | 105 | |
| – | – | – | – | |
| -11.6% | 4.2% | 6.5% | 9.7% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 355 | 109 | 200 | 76 | |
| 0 | – | – | – | |
| 355 | 109 | 200 | 76 | |
| Dividends paid | 217 | 176 | 177 | 189 |
| 102 | 0 | 2 | 15 | |
| – | – | – | – |
Valuation
- 3.4×
- 4.4×
- 0.05
- 0.6×
- 2.0×
- 7.9×
- –
- 12.6%
- 29.3%
- 15.0%
Profitability
- 61.6%
- 37.7%
- 59.2%
- 29.9%
- 2.1%
- 1.4%
- 7.4%
- 1.0%
- 2.1%
- 0.0%
Growth
- +20.6%
- +68.1%
- −61.9%
- +2.1%
- −1.6%
Financial health
- 29.3×
- 3.65
- 49.1%
- 0.5×
- 4.57
- 4.57
- 0.05
How it ranks in Real Estate
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 19%of 742
Bottom 48%of 748
Top 2%of 664
Top 17%of 759
Top 15%of 759
What analysts expect
- Average price target
- $10.25
- Range
- $10.25 – $10.25
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 5, 2026 | 0.30 | 0.31 | −3.6% |
| Feb 18, 2026 | 0.27 | 0.27 | +0.5% |
| Nov 6, 2025 | 0.20 | 0.27 | −26.5% |
| Aug 6, 2025 | 0.24 | 0.28 | −14.3% |
| May 6, 2025 | 0.29 | 0.39 | −25.6% |
| Feb 19, 2025 | 0.39 | 0.40 | −2.5% |
| Nov 6, 2024 | 0.37 | 0.41 | −9.8% |
| Aug 8, 2024 | 0.32 | 0.38 | −15.8% |
15.0%of the share price, paid each year
On $1,000 invested$150a year at today's yield, before tax
+2.1%2020 to 2025
Raised1 yearin a row, in our data
Paid per share, each year
$3.20 in 2015 → $1.44 in 2025
How safe it looks
106.6% of its profit
Room to growStretchedMore than it earns: 247.2%
News
E-L Financial Corporation Limited PFD 1ST SER 3 declares CAD 0.3438 dividendSeeking Alpha · Nov 11, 2026E-L Financial Corporation Limited PFD 1ST SER 1 declares CAD 0.3312 dividendSeeking Alpha · Nov 11, 2026E-L Financial declares CAD 0.04 dividendSeeking Alpha · Nov 11, 2026E-L Financial Corporation Limited PFD 4.75% SR 2 declares CAD 0.2968 dividendSeeking Alpha · Nov 11, 2026Broadridge Financial Solutions declares $1.09 dividendSeeking Alpha · Nov 10, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
42No pass
Benjamin Graham
36No pass
Philip Fisher
42No pass
Peter Lynch
53No pass
Joel Greenblatt
27No pass
Charlie Munger
43No pass
Terry Smith
34No pass
Questions about MFA Financial
Is MFA Financial a good stock to buy?
A business with weak numbers, and the price looks low. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the MFA Financial AI analysis
What does MFA Financial do?
MFA Financial, Inc., together with its subsidiaries, operates as a real estate investment trust (REIT) in the United States. It is in REIT - Mortgage.
Does MFA Financial pay a dividend?
Yes. At today's price the dividend is 15.0% a year, about 107% of its yearly profit. In 2025 it paid out $189 million in dividends.
Is MFA Financial stock halal?
No. MFA Financial does not pass our halal screen: its main business, mortgage lending, is not permitted. How we check
How has MFA Financial stock done over the past year?
Down 35.6% over the past twelve months, to $5.97. It traded between $5.97 and $10.39 and is 42.5% below its high.
Who are MFA Financial's competitors?
The largest listed companies in the same industry are Annaly Capital Management, AGNC Investment, Rithm Capital and Starwood Property. The peers table on this page compares their profit, growth and price with MFA Financial's.
Prices: daily closes to Nov 10, 2026. Fundamentals: company reports via invest-like data.