Skip to main content

NEW YORK (

TheStreet

) --

MFA Financial

(NYSE:

MFA

) hit a new 52-week high Friday as it traded at $8.48 compared with its previous 52-Week high of $8.45. MFA Financial is changing hands at $8.48 with 86,805 shares traded as of 9:36 a.m. ET. Average volume has been 3.2 million shares over the past 30 days.

MFA Financial has a market cap of $2.4 billion and is part of the

financial

sector and

real estate

TheStreet Recommends

industry. Shares are up 3.2% year to date as of the close of trading on Thursday.

MFA Financial, Inc., a real estate investment trust (REIT), primarily invests in mortgage-backed securities (MBS) that include hybrid and adjustable-rate MBS. The company has a P/E ratio of nine, equal to the average real estate industry P/E ratio and below the S&P 500 P/E ratio of 22.6.

TheStreet Ratings rates MFA Financial as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and disappointing return on equity. You can view the full

MFA Financial Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

null