MFA Financial, Inc. (NYSE:MFA) reported on Friday its financial results for the Q1 ended March 31, 2012.
First quarter net income a common share of $0.23 and Core Earnings (as defined below) per common share of $0.21. In the Q1 we increased multi-year Non-Agency MBS financing, including an extended collateralized financing arrangement and a re-securitization, decreasing their reliance on short-term buy back arrangements for Non-Agency MBS.
They surged to $500 million an existing collateralized financing arrangement that efficiently provides three year financing for Non-Agency MBS.
Turning towards the sector Annaly Capital Management, Inc. (NYSE:NLY) lost -0.97%, American Capital Agency Corp. (NASDAQ:AGNC) rose +0.03%, Chimera Investment Corporation (NYSE:CIM) moved down -0.69%, ARMOUR Residential REIT, Inc. (NYSE:ARR) dropped -0.29%, Two Harbors Investment Corp (NYSE:TWO) which also decreased -1.16% and Invesco Mortgage Capital Inc (NYSE:IVR) slipped -1.07%.
MFA Financial, Inc. (NYSE:MFA) stock reports on May 04, 2012 increased 1.60% to the closing price of $7.61. Its fifty two week range was $6.23-$8.35. The total market capitalization remained $2.72 billion.
The overall volume in the last trading session was 8.40 million shares. In its share capital MFA has 356.94 million outstanding shares among them 355.44 million shares have been floated in market exchange. MFA stock institutional ownership remained 83.34% while insider ownership included 0.71%.
MFA is ahead its 52 week low with 35.82% and going forward from its 52 week high price with 0.79%. MFA last month stock price volatility remained 1.49%. The stock price of MFA is moving forward from its 20 days moving average with 4.38% and remote positively from 50 days moving average with 5.44%.
MFA current year earnings per share experienced an addition with -3.16% while its current quarter performance remained 5.69%. Company’s beta coefficient included 0.35. Beta factors measures the amount of market risk associated with market trade.
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