MFA Financial, Inc. logo MFA - MFA Financial, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 9
HOLD 14
SELL 0
STRONG
SELL
0
| PRICE TARGET: $14.04 DETAILS
HIGH: $19.00
LOW: $10.00
MEDIAN: $14.00
CONSENSUS: $14.04
UPSIDE: 48.57%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Revenue
Revenue 875.2 279.6 234.0 (67.6) 337.2 (555.9) 433.3 347.9 373.1 358.8 356.0 358.8 340.7 349.1 358.2 296.1 277.7 64.7 43.4 16.4 41.1 91.6 66.3 62.0 24.1 10.3 10.3 4.6
Cost of Revenue 33.4 35.3 34.1 42.9 37.5 0 0 113.2 94.2 74.4 62.8 48.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 841.8 244.3 199.9 (110.5) 299.8 (555.9) 433.3 234.6 278.9 284.4 293.2 310.1 340.7 349.1 358.2 296.1 277.7 64.7 43.4 16.4 41.1 91.6 66.3 62.0 24.1 10.3 10.3 4.6
Operating Expenses
R&D Expenses 0 0.8 0.8 0.8 0.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 41.7 131.9 129.9 112.7 85.5 56.7 52.6 46.1 49.6 45.6 42.0 40.7 33.7 33.6 30.2 24.7 23.0 15.9 11.7 9.6 5.5 5.6 4.4 2.9 5.4 2.5 2.7 1.7
Other Expenses 110.0 0 0 0 (93.9) (612.6) 380.7 32.9 0.4 0.4 (0.0) 0.3 0.3 0.4 10.6 1.3 0 95.1 2.3 1.4 5.5 0 44.8 54.7 9.4 25.2 13.1 1.2
Operating Expenses 151.8 132.7 130.7 113.5 (8.3) (555.9) 433.3 79 50 46 42 41 34 34 31 26 23 111 14 11 11 3.3 49.2 57.6 14.7 27.6 15.8 2.9
Operating Income
Operating Income 690.0 111.6 69.2 (224.0) 328.9 0 0 534.0 74.2 93.0 87.8 28.2 466.7 478.5 465.8 414.9 497.6 45.8 30.0 5.2 190.5 167.0 115.5 119.6 38.9 38.0 26.1 7.5
Interest Expense 514.0 521.2 429.1 258.8 120.4 268.8 0 232.2 197.1 193.4 176.9 159.8 164.0 171.7 149.4 145.1 229.4 342.7 321.3 181.9 183.8 88.9 57.7 63.5 35.1 30.1 18.5 4.6
Interest Income 745.1 724.0 605.6 482.4 362.3 432.8 0 455.7 433.4 457.2 492.1 463.8 482.9 499.2 496.7 391.3 505.6 527.5 384.8 219.2 238.7 0.8 0.7 0.9 0.8 0.6 0.4 0.4
Profitability
EBITDA 690.0 0 0 0 433.0 0 0 94.8 74.2 532.3 314.8 0 306.7 306.5 329.2 309.6 286.6 487.1 0 0 0 129 0 0 0 0 0 0
EBIT 690.0 0 (4.2) 0 426.4 0 0 301.8 323.4 313.2 313.9 (1.2) 300.9 302.9 326.6 308.9 286.1 486.7 (27.7) (31.6) (58.5) 78.1 (45.9) (28.1) (5.6) (1.9) (1.4) (0.3)
Income Before Tax 176.0 119.7 80.2 (232.4) 328.9 (679.4) 378.1 301.8 322.4 312.7 313.2 313.5 302.7 306.8 316.4 269.8 268.2 45.8 22.1 8.8 6.7 78.1 0 0 0 0 0 0
Income Tax Expense (0.7) 0.4 0 (0.9) 0 0 0 1.7 445.4 413.0 402.3 445.1 2.2 7.5 0 0 0 342.7 313.4 185.4 0 0 (57.7) 63.5 35.1 30.1 18.5 4.6
Net Income 176.8 119.3 80.2 (231.6) 328.9 (679.4) 378.1 301.8 322.4 312.7 313.2 313.5 302.7 306.8 316.4 269.8 268.2 45.8 30.2 8.8 6.7 78.1 57.8 56.1 3.8 7.9 7.6 2.9
Per Share Data
EPS (Basic) 1.71 0.83 0.46 -2.40 2.66 -6.01 3.21 2.88 3.16 3.20 3.20 3.24 3.12 3.32 3.60 3.72 4.24 0.84 0.96 0.04 -0.08 3.92 4.28 5.40 1.00 1.14 1.10 0.42
EPS (Diluted) 1.68 0.82 0.46 -2.40 2.63 -6.01 3.17 2.86 3.16 3.20 3.20 3.24 3.12 3.32 3.60 3.72 4.24 0.84 0.96 0.04 -0.08 3.92 4.28 5.40 1.00 1.14 1.10 0.42
Shares Outstanding 103.7 103.5 102.2 103.2 110.7 113.0 112.7 104.7 97.1 92.8 93.0 92.3 90.6 89.2 85.3 70.3 61.3 45.0 23.0 14.9 18.1 19.0 13.5 10.4 3.8 6.9 6.9 6.9
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998
Current Assets
Cash & Cash Equivalents 213.2 338.9 318 334.2 304.7 814.4 70.6 52.0 449.8 260.1 653.5 361.2 68.3 139.7 64.1 58.5 8.9 23.6 6
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 120.0 8,818.7 123.0 7,855.9 84.4 38.9 7,447.9 0 27.4 27.8 41.8 49.7 27.4 19.5 19.5 12.3 3.4 2.9 1.5
Inventory 0 0 0 0 0 0 0 249.4 152.4 80.5 0 0 0 0 0 0 0 0 0
Other Current Assets 173.5 388.4 0 252.1 (389.1) 0 179.7 0 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 506.7 9,546.0 441.0 8,442.2 0 853.2 7,698.2 52.0 449.8 260.1 653.5 361.2 68.3 159.2 83.6 70.9 12.3 26.5 7.5
Non-Current Assets
Property, Plant & Equipment 0 35.5 37.8 39.5 39.4 0.8 0 (12,420.3) (10,954.7) (12,484.0) 0 11.3 0 0 0 0 0 0 0
Goodwill 61.1 61.1 61.1 61.1 61.1 0 0 7.2 7.2 7.2 7.2 7.2 7.2 19.5 19.5 12.3 3.4 0 0
Intangible Assets 2.6 4.8 8 12.2 21.4 239.0 1,217.0 611.8 492.1 226.8 0 0 0 0 0 0 0 2.9 1.5
Long-Term Investments 12,196.9 184.6 765.9 156.3 328.4 63.8 16.9 127.2 7,023.7 9,828.4 8,844.0 10,122.6 6,777.6 4,372.7 3,485.3 1,940.8 495.3 486.8 247.8
Other Non-Current Assets 279.2 1,577.7 905.6 401.3 (450.2) (302.8) 4,636.0 4,992.9 (4,061.3) (7,608.7) (8,844.0) (10,133.9) (6,777.6) (4,379.9) (3,492.5) (1,948.0) (502.6) (494.4) (255.2)
Total Non-Current Assets 12,539.8 1,863.6 1,778.4 670.3 0 302.8 5,869.9 5,731.9 3,454.5 2,227.0 7.2 7.2 7.2 4,379.9 3,492.5 1,948.0 502.6 494.4 255.2
Total Assets 13,046.4 11,409.6 10,772.7 9,112.4 9,139.7 6,932.3 13,568.2 12,420.3 10,954.7 12,484.0 9,627.2 10,641.4 6,913.7 4,564.9 3,603.9 2,068.9 522.5 524.4 264.7
Current Liabilities
Account Payables 36.4 0 30.8 0 9.6 11.1 0 16.3 12.3 14.1 13.3 23.9 28.4 7.2 14.3 11.4 2.0 2.8 0.8
Short-Term Debt 0 0 0 0 226.5 225.2 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 0 0 0 0 0 0 0 (8,253.8) (6,637.9) (8,687.3) 0 0 0 0 0 0 0 0 0
Other Current Liabilities 0 36.0 0 35.8 (399.6) (306.2) 90.7 7,879.1 7,118.8 9,230.9 (110.7) (70.2) (46.5) 4,025.8 3,187.7 (19.7) (4.0) (4.7) (3.4)
Total Current Liabilities 232.7 313.5 292.5 134.1 0 236.3 152.6 8,011.9 7,596.3 9,353.4 7,450 9,375 6,162 4,064 3,217 11.4 2.0 2.8 0.8
Non-Current Liabilities
Long-Term Debt 10,940.0 9,155.5 4,959.8 6,812.1 2,876.9 1,614.5 10,031.6 781.2 460.7 96.7 0 9.3 22.7 16.2 16.3 0 0 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 (9,004.2) (7,693.1) (9,103.8) 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 0 63.1 0 132.0 (2,921.9) 0 0 0 0 0 0 (9.3) (22.7) (16.2) (16.3) 0 0 0 0
Total Non-Current Liabilities 10,993.4 9,254.3 5,003.4 6,989.4 0 1,614.5 10,031.6 992.4 96.8 96.7 9 9 23 16 16 0 0 0 0
Total Liabilities 11,218.8 9,567.8 8,872.8 7,123.6 6,596.8 4,407.5 10,184.2 9,004.2 7,693.1 9,450.1 7,458.9 9,384.3 6,184.9 4,080.0 3,232.7 1,865.3 452.6 456.8 193.7
Stockholders' Equity
Common Stock 1.0 1.0 1.0 1.0 1.1 4.5 4.5 4.5 4.0 3.7 2.8 2.2 0.8 0.6 0.5 0.3 0.1 0.1 0
Retained Earnings (1,895.5) (1,879.9) (1,817.8) (1,718.0) (1,279.5) (1,405.3) (631.0) (632.0) (579.0) (572.6) (202.2) (210.8) (17.3) (15.8) (12.4) (13.7) (0.4) (2.9) (4.3)
Accumulated Other Comprehensive Income 3.7 9.5 17.7 21.3 45.6 77.3 370.0 420.3 609.2 573.7 187.0 (310.3) (35.1) (12.1) 23.8 4.5 (4.1) (5.4) 0
Total Stockholders' Equity 1,827.7 1,841.8 1,899.9 1,988.8 2,542.8 2,524.8 3,384.0 3,416.1 3,261.6 3,033.9 2,168.3 1,257.1 728.8 485.0 371.2 203.6 69.9 67.6 70.9
Total Liabilities & Equity 13,046.4 11,409.6 10,772.7 9,112.4 9,139.7 6,932.3 13,568.2 12,420.3 10,954.7 12,484.0 9,627.2 10,641.4 6,913.7 4,564.9 3,603.9 2,068.9 522.5 524.4 264.7
Debt Metrics
Total Debt 10,993.4 9,196.5 5,003.4 6,857.4 3,148.4 1,839.7 10,031.6 781.2 460.7 96.7 7,205 9.3 22.7 16.2 16.3 1,846 449 452 190
Net Debt 10,780.2 8,857.6 4,685.4 6,523.2 2,843.7 1,025.3 9,961.0 729.3 11.0 (163.4) 6,551.5 (351.9) (45.7) (123.5) (47.8) 1,787.5 440.1 428.4 184
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998
Operating Activities
Net Income 176.8 119.3 80.2 (231.6) 328.9 (679.4) 378.1 301.8 322.4 312.7 6.7 78.1 57.8 56.1 3.8 7.9 7.6 2.9
Depreciation & Amortization 0 0 4.2 (27.3) 6.6 0 3.3 1.8 1.5 1.0 58.9 50.9 45.9 28.1 5.6 1.9 1.4 0.3
Stock-Based Compensation 0 0 15.6 10.2 9.6 0 9.2 8.0 8.0 9.2 0 0 0 0 0 0 0 0
Change in Working Capital 11.8 16.6 (18.0) 28.0 (5.4) (10.9) (15.7) (26.5) (11.4) (119.6) 31.4 (0.3) 8.2 (4.1) 9.4 (1.8) 1.2 (2.5)
Other Non-Cash Items (112.4) 64.3 26.7 597.0 (203.2) 728.7 (159.2) (137.3) (144.5) (117.7) 39.1 (0.4) 0.3 3.3 13.7 (3.0) 0.1 (0.3)
Operating Cash Flow 76.2 200.1 108.7 366.1 120.3 38.4 215.8 147.9 176.1 85.5 136.2 128.3 112.2 83.4 21.7 4.9 10.3 0.4
Investing Activities
Capital Expenditure 0 0 0 (0.3) (12.0) (4.9) (1.9) (1.1) (0.9) (0.7) 0 0 0 0 0 0 0 0
Acquisitions 0 0 0 0 6.1 0 3,759.9 338.4 1,594.2 0 0 0 0 0 0 0 0 0
Purchases of Investments (2,749.0) (869.1) (588.9) (3,181.9) (2,504.1) (163.7) (4,668.6) (3,141.7) (86.3) (84.6) (2,308.1) (4,595.0) (3,401.8) (2,958.6) (1,753.7) (121.1) (356) (240.9)
Sales/Maturities of Investments 46.8 129.6 173.9 68.8 157.3 4,423.3 908.7 538.7 243.1 3,425.2 3,247.0 2,118.5 2,433.2 1,404.5 308.4 112.6 113.3 48
Other Investing Activities 916.7 314.9 (1,134.6) 1,986.7 185.7 2,128.8 (1,132.9) 107.9 66.3 1,112.2 938.9 0.3 1.5 0.3 (0.4) (0.8) (7.8) 3.7
Investing Cash Flow (1,785.5) (424.6) (1,549.6) (1,126.7) (2,167.0) 6,383.5 (1,134.7) (2,157.9) 1,816.3 1,026.9 938.9 (2,476.2) (967.1) (1,553.7) (1,445.7) (9.3) (250.5) (189.2)
Financing Activities
Net Debt Issuance 1,727.4 550.9 1,623.6 1,184.6 1,909.6 (5,733.1) 1,369.2 1,586.2 (1,706.8) (723.7) (1,013.5) 2,088.7 838.5 1,340.3 1,397.0 (3.5) 261.9 190.3
Stock Repurchased (15.3) (1.6) (0.0) (102.3) (85.6) (50.8) 0 0 0 0 (12.7) 0 0 0 0 0 0 0
Dividends Paid (40.3) (176.7) (176.0) (216.9) (189.0) (143.3) (376.6) (344.8) (323.6) (312.9) (55.8) (77.4) (60.2) (47.6) (10.7) (5.3) (7.3) (5.6)
Other Financing Activities (177.1) (35.0) (12.6) (16.4) (7.1) (90.3) (40.0) 1.1 30.4 14.6 (0.1) (2.6) (0.1) 35.8 (39) 3.2 (0.1) (0.1)
Financing Cash Flow 1,494.6 337.6 1,435.0 850.2 1,629.7 (5,735.0) 964.9 1,635.0 (1,802.8) (1,017.3) (1,079.1) 2,276.6 930.6 1,475.9 1,474.2 (7.1) 254.1 184.6
Cash Position
Net Change in Cash (214.6) 113.1 (5.9) 89.6 (417.1) 686.9 46.0 (375.0) 189.6 95.1 (4.0) (71.4) 75.6 5.6 50.1 (11.5) 13.9 184.6
Cash at Beginning 601.3 488.2 494.1 404.4 821.5 134.7 88.7 463.7 260.1 165.0 68.3 139.7 64.1 58.5 8.4 19.9 6 10.1
Cash at End 386.7 601.3 488.2 494.1 404.4 821.5 134.7 88.7 449.8 260.1 64.3 68.3 139.7 64.1 58.5 8.4 19.9 194.7
Free Cash Flow 76.2 200.1 108.7 365.8 108.2 33.5 213.9 146.7 175.2 84.8 136.2 128.3 112.2 83.4 21.7 4.9 10.3 0.4
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Income Statement
Revenue 875.2 279.6 234.0 (67.6) 337.2 (555.9) 433.3 347.9 373.1 358.8 356.0 358.8 340.7 349.1 358.2 296.1 277.7 64.7 43.4 16.4 41.1 91.6 66.3 62.0 24.1 10.3 10.3 4.6
Gross Profit 841.8 244.3 199.9 (110.5) 299.8 (555.9) 433.3 234.6 278.9 284.4 293.2 310.1 340.7 349.1 358.2 296.1 277.7 64.7 43.4 16.4 41.1 91.6 66.3 62.0 24.1 10.3 10.3 4.6
Operating Income 690.0 111.6 69.2 (224.0) 328.9 0 0 534.0 74.2 93.0 87.8 28.2 466.7 478.5 465.8 414.9 497.6 45.8 30.0 5.2 190.5 167.0 115.5 119.6 38.9 38.0 26.1 7.5
Net Income 176.8 119.3 80.2 (231.6) 328.9 (679.4) 378.1 301.8 322.4 312.7 313.2 313.5 302.7 306.8 316.4 269.8 268.2 45.8 30.2 8.8 6.7 78.1 57.8 56.1 3.8 7.9 7.6 2.9
EPS (Diluted) 1.68 0.82 0.46 -2.40 2.63 -6.01 3.17 2.86 3.16 3.20 3.20 3.24 3.12 3.32 3.60 3.72 4.24 0.84 0.96 0.04 -0.08 3.92 4.28 5.40 1.00 1.14 1.10 0.42
Balance Sheet
Cash & Equivalents 213.2 338.9 318 334.2 304.7 814.4 70.6 52.0 449.8 260.1 653.5 361.2 68.3 139.7 64.1 58.5 8.9 23.6 6
Total Assets 13,046.4 11,409.6 10,772.7 9,112.4 9,139.7 6,932.3 13,568.2 12,420.3 10,954.7 12,484.0 9,627.2 10,641.4 6,913.7 4,564.9 3,603.9 2,068.9 522.5 524.4 264.7
Total Debt 10,993.4 9,196.5 5,003.4 6,857.4 3,148.4 1,839.7 10,031.6 781.2 460.7 96.7 7,205 9.3 22.7 16.2 16.3 1,846 449 452 190
Stockholders' Equity 1,827.7 1,841.8 1,899.9 1,988.8 2,542.8 2,524.8 3,384.0 3,416.1 3,261.6 3,033.9 2,168.3 1,257.1 728.8 485.0 371.2 203.6 69.9 67.6 70.9
Cash Flow
Operating Cash Flow 76.2 200.1 108.7 366.1 120.3 38.4 215.8 147.9 176.1 85.5 136.2 128.3 112.2 83.4 21.7 4.9 10.3 0.4
Capital Expenditure 0 0 0 (0.3) (12.0) (4.9) (1.9) (1.1) (0.9) (0.7) 0 0 0 0 0 0 0 0
Free Cash Flow 76.2 200.1 108.7 365.8 108.2 33.5 213.9 146.7 175.2 84.8 136.2 128.3 112.2 83.4 21.7 4.9 10.3 0.4