Wunderlich Securities maintained its MFA Financial MFA Hold rating and $8.25 price target in a research report published today.
In the report, Wunderlich Securities states, "A balance sheet financing of $1.3 billion of its non-agency MBS in the quarter increased financial leverage, but evolving capital requirements limit the potential to increase its ROE using debt financing. Consequently, we believe MFA's risk-adjusted returns could continue to lag those of other mortgage REITs."
Shares of MFA Financial were trading at $8.05 at the time of posting, up 0.88% from Monday's market close.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in