MFA Mortgage PT Raised to $8.50 (MFA )
Shares of MFA Mortgage traded up 0.96% during mid-day trading on Thursday, hitting $9.43. MFA Mortgage has a one year low of $7.01 and a one year high of $9.39. The stock’s 50-day moving average is currently $8.97. The company has a market cap of $3.384 billion and a P/E ratio of 11.21.
Separately, analysts at Deutsche Bank raised their price target on shares of MFA Mortgage from $9.25 to $9.50 in a research note to investors on Tuesday, March 5th. They now have a hold rating on the stock.
MFA Financial, Inc., formerly MFA Mortgage Investments, Inc. is a real estate investment trust primarily engaged in the business of investing, on a leveraged basis, in residential Agency and Non-Agency adjustable-rate mortgage-mortgage-backed securities (ARM-MBS).
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