mfa financial inc
(MFA:New York Consolidated)
mfa financial inc (MFA) Key Developments
MFA Financial, Inc. announced that in accordance with the terms of its 7.50% Series B Cumulative Redeemable Preferred Stock, the Board of Directors has declared a preferred stock dividend of $0.39583 per share for the quarter ending June 30, 2013. This dividend is payable on July 1, 2013, to preferred stockholders of record as of June 3, 2013.
MFA Financial, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company’s reported interest income of $122.738 million against $123.523 million a year ago. Net interest income was $82.580 million against $83.396 million a year ago. Net income available to common stock and participating securities of $75.311 million or $0.21 per basic and diluted share against $82.673 million or $0.23 per basic and diluted share a year ago. Core earnings was $72.349 million or $0.20 per basic and diluted share. Book value per common share was $8.84 as of March 31, 2013, compared to $8.99 at December 31, 2012.
MFA Financial, Inc. Presents at Wells Fargo Specialty Finance Conference, May-16-2013 03:00 PM. Venue: InterContinental Times Square, New York, New York, United States.
MFA Financial, Inc., Q1 2013 Earnings Call, May 01, 2013
MFA Financial, Inc., Annual General Meeting, May 22, 2013., at 10:00 US Eastern Standard Time. Location: The Peninsula Hotel. Agenda: To elect the three directors named in the proxy statement to serve on MFA’s Board of Directors until 2016 Annual Meeting of Stockholders and until their successors are duly elected and qualify; to consider and vote upon the ratification of the appointment of KPMG LLP as MFA’s independent registered public accounting firm for the fiscal year ending December 31, 2013; to consider and vote upon an advisory (non-binding) resolution to approve MFA’s executive compensation as disclosed in the Proxy Statement; and to transact such other business as may properly come before the Annual Meeting or any postponement or adjournment thereof.
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| MFA:US | $9.14 USD | +0.02 | |
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Industry Analysis
MFA
Industry Average
| Valuation | MFA | Industry Range |
| Price/Earnings | 11.3x |
|
| Price/Sales | 9.6x |
|
| Price/Book | 1.0x |
|
| Price/Cash Flow | 11.1x |
|
| TEV/Sales | NM | Not Meaningful |
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