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MFA Financial

MFA

MFA Financial, Inc. is an internally-managed real estate investment trust (REIT) that specializes in investing in and financing a diverse portfolio of residential mortgage assets.

Market cap
$921.48M-3.0%
Revenue$756.5M+4.0%
Net income$134.6M-1.9%
EPS (diluted)$0.88-12.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$67.1M
EPS estimate$0.26

Financials

Q1 2026

Income statement

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Revenue$191.9M+6.3%
Net income-$984.0K-102%
EPS (diluted)-$0.11-135%

Balance sheet

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Cash & equivalents$221.6M-12.7%
Total debt$16.2M-60.7%
Total equity$1.8B-3.2%
Total assets$13.2B+14.8%

Cash flow

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Operating cash flow$71.1M+588%

Valuation & ratios

Valuation

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Market cap$921.48M-3.0%
Enterprise value$716.14M-3.7%
P/E6.8×-0.7×
P/S1.2×-0.1×

Profitability

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Net margin17.8%-1.1pp

Returns & leverage

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Return on equity7.4%+0.1pp
Debt / equity0.0×

Competitors

Profile

MFA Financial, Inc. is an internally-managed real estate investment trust (REIT) that specializes in investing in and financing a diverse portfolio of residential mortgage assets. The company generates shareholder value through distributable income and asset performance by focusing on residential mortgage credit fundamentals, including loan origination and securitization. Its primary activities involve the acquisition and management of residential whole loans and mortgage-backed securities.

Competitive position

MFA is a leading nationwide originator of business purpose loans through its Lima One subsidiary and maintains a significant presence in the Non-QM and distressed loan markets.

GeographiesUnited States
Customer segmentsReal Estate Investors, Institutional Investors
Business modelAsset Management, Direct Lending, Securitization
SuppliersWarehouse financing providers, Repurchase agreement counterparties, Loan origination partners, Credit rating agencies
CustomersReal estate investors, Mortgage borrowers, Institutional buyers of securitized bonds
Listed1998
Employees377.0
CEOCraig L. Knutson
FilingsSEC EDGAR

Questions, answered.

What is MFA Financial's market cap?
MFA Financial (MFA) has a market capitalization of $921.5M and trades on NYSE.
What is MFA Financial's revenue and profitability?
MFA Financial generated $756.5M in trailing twelve-month revenue with net income of $134.6M, representing a net margin of 17.8%. These figures are based on the Q1 2026 filing.
Who are MFA Financial's competitors?
MFA Financial's key competitors include AGNC Investment Corp., PennyMac Mortgage Investment Trust, Annaly Capital Management, Inc., and others. These companies compete in similar markets and product categories.
Who does MFA Financial partner with?
MFA Financial's notable partners include Fannie Mae, Freddie Mac.
What subsidiaries does MFA Financial have?
MFA Financial's subsidiaries include Lima One Capital, LLC, Lima One Holdings, LLC.
Where is MFA Financial headquartered?
MFA Financial is headquartered in United States of America and employs approximately 377 people. It has been publicly traded since 1998.