- New ETFs
- Bond ETFs
- Currency ETFs
- Emerging Market ETFs
- Commodity ETFs
- Broad U.S. Equity ETFs
- Sector ETFs
- Specialty ETFs
MFA Updates Its Portfolio
Recent Articles by Monica Gerson
- Market Roundup (SPWRA, UBS, MGM, TWX, LGF)
- Top Performing Industries For March 19 (CNC, HANS, CAJ, BBY, GENT)
- CTAS Well Positioned To Pursue Acquisitions
- Stocks That Created New 52-Week Highs (LOPE, HBOS, HDSN, ITMN, INET)
- Benzinga’s Volume Movers (CTEL, IPSU, HANS, TEVA, TRMB)
Analyst Color
- General Growth Properties (GGP) Is Back In Favor
- JPMorgan Raises Its Estimates For Intel (INTC, JPM)
- Metabolix, Inc. (MBLX) Maintains Market Weight Rating
- Brean Murray Carret & Co. Believes Pullback In Bruker Represents Opportunity (BRKR)
- EnerNOC, Inc. (ENOC) Maintains Overweight Rating
Price Target
- Stern Agee Raises Shoe Carnival (SCVL) Price Target To $27
- Operating Profits At FedEx (FDX) May Rise 9% Annually
- Craig-Hallum Maintains LookSmart (LOOK) Buy Rating
- Research In Motion Limited’s (RIMM) Coverage Initiated With Buy Rating And $96 Price Target
- PALM’s Solvency At Risk
Analyst Ratings
Posted on 02/09/10 at 2:58pm by Monica Gerson
Analysts at FBR Capital Markets maintain their "outperform" rating on MFA Financial Inc (NYSE: MFA). The target price for MFA has been reduced from $9.50 to $9.00.
MFA Financial recently reported an increase in equity invested in its non-agency portfolio to roughly 50% of its total equity, or $1 billion. “We are lowering our 4Q09 and FY10 earnings expectations to account for MFA's increased exposure to this lower ROE asset class, compared with levered agency paper,” the analysts say.
“We continue to recommend MFA shares, which currently yield nearly 15% and trade at last reported book value… We believe that MFA shares are undervalued based on the company's sum of the parts, the value of MFA's agency portfolio combined with the MFResidential portfolio,” FBR Capital Markets adds.
Bookmark/Search this post with:
Related Articles
Today's Trading Ideas
Featured Articles
Related News from the Stock Market
- Stocks With 17% Dividends (NLY, MFA, CMO, HTS, ANH, AGNC, IVR)
- MFA Financial, Inc. Announces 2009 Dividend Tax Information
- MFA Financial, Inc. Announces First Quarter 2010 Preferred Dividend of $0.53125
- MFA Financial, Inc. Announces Fourth Quarter 2009 Financial Results
- Top 5 Mid-Cap Stocks In The Financial Sector With The Highest Dividend Yield (NLY, CIM, MFA, AB, BX)
There are 0 comments
Please note that comments may take up to one hour before they get published on the site. Please check back later to see your comments.
Post new comment
Receive Benzinga's Best 2010 Stock Idea!
