MFA Financial, Inc. (MFA-PC)
Real Estate · NYQ · US
Price as at 30 Sept 2026, 21:11 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
MFA Financial, Inc. trades at $22.24, which is 101% below the $44.66 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 60 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 19.2 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
MFA-PC dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $1.76 | 3 |
| 2025 | $2.28 | 4 |
| 2024 | $1.63 | 4 |
| 2023 | $1.63 | 4 |
| 2022 | $1.63 | 4 |
| 2021 | $1.63 | 4 |
| 2020 | $1.35 | 3 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
About MFA Financial, Inc.
MFA Financial, Inc., together with its subsidiaries, operates as a real estate investment trust in the United States. It operates through two segments: Mortgage-Related Assets and Lima One. The Mortgage-Related Assets segment primarily invests in and manages a diversified portfolio of residential whole loans, including nonqualified mortgage loans, business purpose loans such as single-family rental loans, single-family and multifamily transitional loans, legacy re-performing and non-performing loans, and agency-eligible investor loans. This segment also invests in residential mortgage-backed securities, including agency MBS, non-agency MBS, and credit risk transfer securities. The Lima One segment includes a stand-alone mortgage origination and servicing business; and originates and services business purpose loans for real estate investors, and related mortgage banking activities. The company offers residential whole loans, including purchased credit deteriorated and non-performing loans; and mortgage servicing rights-related assets. The company's investment activities through a combination of securitization transactions, term loan warehouse financing and repurchase agreement financing. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. MFA Financial, Inc. was incorporated in 1997 and is based in New York, New York.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
MFA-PC passes 5 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
MFA-PC peers
The largest companies in the same industry (REIT - Mortgage), then in the same sector.
- RITM Rithm Capital Corp.
- DX Dynex Capital, Inc.
- ORC Orchid Island Capital, Inc.
- PMT-PB PennyMac Mortgage Investment Trust
- LADR Ladder Capital Corp
- TWO Two Harbors Investment Corp.
- ABR Arbor Realty Trust, Inc.
- CIM Chimera Investment Corporation
Every real estate company we cover is on the Real Estate hub.
Common questions
Is MFA Financial, Inc. (MFA-PC) undervalued?
Against our fair value estimate of $44.66, MFA-PC at $22.24 is 101% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
What is MFA-PC's P/E ratio?
MFA-PC trades at 19.2 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does MFA Financial, Inc. (MFA-PC) pay a dividend?
Yes. MFA Financial, Inc. yields 10.69% at the current share price. It has paid $2.38 per share over the trailing twelve months. It has paid a dividend in each of the last 6 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its MFA-PC data?
Fundamentals for MFA-PC come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 30 Sept 2026, 21:11 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for MFA-PC, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.