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Mfa Financial, Inc.

MFA

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We are a specialty finance company that invests in and finances residential mortgage assets. Our targeted investments include principally the following: Residential whole loans, including Non-QM loans, Business purpose loans, and Legacy RPL/NPL loans, which we acquire and hold through certain trusts that are consolidated on our balance sheet for financial reporting purposes.

Valuation & Multiples

Based on TTM earnings · Diluted shares

Market Cap$673M
EPS$1.01
P/E6.59
P/FCF2.67
EV/EBITDA–
FCF Yield37.5%
Div. Yield22.50%
Net Debt/FCF-0.5x
Mfa Financial, Inc. intrinsic value
52-Week Range
$6.41$10.39

Profitability & Returns

Revenue

N/A

Net Income (TTM)

$148M

▲ +48.2% YoY

Op. Margin

–

ROIC

–

Cash Flow & Balance Sheet

FCF (TTM)

$252M

▼ -61.9% YoY

Op. Cash Flow (TTM)

$252M

▼ -61.9% YoY

Net Debt

-$127M

Net Cash Position

Cash & Equiv.

$141M

5Y CAGR: +17.9%

Continue Research

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Held by ETFs

MFA is in 47 US ETFs. The largest of them, with MFA's weight in each:

Mfa Financial (MFA) in four numbers

Fair value (ffo)
$10.97
Price $6.66 is 39% below it.
Intrinsic Value
Quality score
53/100
Best check: FFO growth, 33.1%. Weakest: interest coverage, 1.3x.
Quality
Dividend (TTM)
$1.44
22.50% yield, raised 1 year in a row.
Dividends
P/E
6.59
Price to free cash flow 2.67.
Financials

Questions about Mfa Financial

Is Mfa Financial (MFA) overvalued?

At $6.66, Mfa Financial's price is 39% below the $10.97 a share fair value that Intrinsiqq's calculator gets from its ffo. It trades at 6.59 times earnings and 2.67 times free cash flow. The growth behind that figure is yours to set on the Intrinsic Value tab. See how to tell if a stock is overvalued.

What is Mfa Financial's fair value?

Intrinsiqq's calculator puts Mfa Financial's fair value at $10.97 a share. It grows FFO per share 0% a year for 5 years, applies an exit P/FFO of 6, and works back at a 10% yearly return. A 25% margin of safety gives a buy-below price of $8.22. Every input can be changed on the Intrinsic Value tab.

Is Mfa Financial a high-quality business?

Mfa Financial scores 53 out of 100 on Intrinsiqq's quality score, which makes it a mixed business on these measures. The score blends 7 checks computed from SEC filings. Its best check is FFO growth at 33.1%, and its weakest is interest coverage at 1.3x. The Quality tab shows every check against its target.

Does Mfa Financial (MFA) pay a dividend, and how much?

Yes. Mfa Financial (MFA) pays a dividend: $1.44 per share over the last twelve months, a dividend yield of 22.50% at the latest close. It has raised its dividend per share for 1 year in a row, growing at 7.5% a year over the last 5 years. The Dividends tab has the full payment history and the safety score.

Source: 10-Q filed 31 Jul 2026 (period ending 30 Jun 2026), SEC. Price: last close 30 Oct 2026. How this is calculated. Sector medians are approximate S&P 500 benchmarks and update periodically. Analysis, not investment advice.

Spot a number that looks wrong? Check it in MFA's SEC filings or

Download this analysis as a PDF (Pro)

Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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