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Jefferies Has Buy On MFA Financial (NYSE: MFA)
Tuesday, February 15, 2011 - 3:17pm | 88Jefferies & Co. has a Buy rating and a $9 price target on shares of MFA Financial (NYSE: MFA). In a note to clients, Jefferies writes, "With a solid track record, seasoned management team, and an attractive book of non-Agency RMBS, we see MFA as a balanced play for the current economic...
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Wunderlich Securities Raises MFA Financial PT To $8.25, Maintains Hold (MFA)
Tuesday, February 15, 2011 - 10:08am | 124Wunderlich Securities raised its MFA Financial (NYSE: MFA) price target from $8.00 to $8.25 in a research report published today. In the report, Wunderlich Securities states, "MFA Financial (MFA) reported 4Q10 core EPS a penny light of our expectations, coming in at $0.22 for the quarter and $0.86...
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Annaly Capital Management Prices Public Offering at $17.30 per Share
Tuesday, February 15, 2011 - 9:50am | 99Annaly Capital Management, Inc. (NYSE: NLY) today announced the pricing of an underwritten public offering of 75,000,000 shares of its common stock at a price per share of $17.30 for expected gross proceeds of approximately $1.3 billion before expenses. Annaly has also granted the underwriters a...
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KBW Lowers CIM 2011 EPS Estimate
Tuesday, February 15, 2011 - 9:14am | 77Chimera Investment Corporation (NYSE: CIM) reported GAAP and operating EPS of $0.16 and $0.14, respectively, KBW reports. “Earnings did not reflect the full impact of the November capital raise as a significant portion was deployed late in the quarter,” KBW writes. “We are taking our 2011 EPS...
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KBW Raises MFA Target To $9
Tuesday, February 15, 2011 - 9:04am | 30KBW is raising its PT on shares of MFA Financial, Inc. (NYSE: MFA) to $9. KBW Raises MFA Target To $9 closed Monday at $8.32.
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Wunderlich Raising Price Target On MFA Financial (MFA)
Tuesday, February 15, 2011 - 8:44am | 133Wunderlich Securities is raising its price target on shares of MFA Financial, Inc. (NYSE: MFA) to $8.25 from $8, and is reiterating its Hold rating on shares. In a note to clients, Wunderlich writes, "MFA Financial (MFA) reported 4Q10 core EPS a penny light of our expectations, coming in at $0.22...
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Wunderlich Raises PT on MFA Financial to $8.25 (MFA)
Tuesday, February 15, 2011 - 8:27am | 123Wunderlich is out with its report today on MFA Financial (NYSE: MFA), raising its price target from $8.00 to $8.25. In a note to clients, Wunderlich writes, "MFA Financial reported 4Q10 core EPS a penny light of our expectations, coming in at $0.22 for the quarter and $0.86 for the year. The...
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Annaly Capital Management Announces Public Offering of 75M Shares
Monday, February 14, 2011 - 5:08pm | 85Annaly Capital Management, Inc. (NYSE: NLY) today announced that it intends to make a public offering of 75,000,000 shares of its common stock. Annaly intends to grant the underwriters a thirty-day option to purchase up to an additional 11,250,000 shares of common stock solely to cover...
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Afternoon Movers include (NEWP),(IO),(HYC),(PCX),(SOL),(CMC),(NCT)
Monday, February 14, 2011 - 2:34pm | 59Afternoon Movers include (NEWP),(IO),(HYC),(PCX),(SOL),(CMC),(NCT)...
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MFA Financial Reports Q4 EPS of $0.22 vs. $0.23
Monday, February 14, 2011 - 9:36am | 113MFA Financial, Inc. (NYSE: MFA) today announced financial results for the fourth quarter ended December 31, 2010. For the fourth quarter ended December 31, 2010, MFA generated net income available to common stock of $59.0 million, or $0.21 per share of common stock. Core Earnings for the fourth...
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Dynex Capital, Inc. to Present at Sterne Agee Financial Institutions Investor Conference
Friday, February 11, 2011 - 10:31am | 56Dynex Capital, Inc. (NYSE: DX) announced its participation at the Sterne Agee Financial Institutions Investor Conference to be held in Orlando, Florida on February 18, 2011. The conference will include a panel discussion starting at 9:30 a.m. ET, which will include Byron L. Boston, Executive Vice...
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Wunderlich Maintains Hold on Chimera Investment Corp. (CIM)
Friday, February 11, 2011 - 8:39am | 101Wunderlich is out with its report today on Chimera Investment Corp. (NYSE: CIM), maintaining Hold. In a note to clients, Wunderlich writes, "2010 GAAP earnings were a penny ahead of our estimate, coming in at $0.16 for 4Q10 and $0.65 for the year. We maintain our Hold rating on the shares of...
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Keefe Bruyette Upgrades AGNC To Outperform
Friday, February 11, 2011 - 6:53am | 52Analysts at Keefe Bruyette upgrade American Capital Agency Corp (NASDAQ: AGNC) from “market perform” to “outperform.” The target price for AGNC has been raised to $30. AGNC shares fell 0.51% to close at $29.20 yesterday. More Analyst Ratings here
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Jefferies Comments On CIM 4Q
Thursday, February 10, 2011 - 10:17am | 115Jefferies said today that it views Chimera Investment Corp's (NYSE: CIM) 4Q10 earnings as modestly lackluster, “but there isn't anything in the results that alters our opinion of the stock.” “Core retained earnings of $0.14 were in-line with our estimate,” Jefferies writes. “The $0.03 miss to our...
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RAIT Financial Trust Reports Q4 EPS of $0.29
Thursday, February 10, 2011 - 9:03am | 141RAIT Financial Trust (NYSE: RAS) today announced results for the fourth quarter and year ended December 31, 2010. RAIT reported net income allocable to common shares for the three-month period ended December 31, 2010 of $29.5 million, or $0.29 total earnings per share - diluted based on 103.0...