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MFA Financial Earnings Calls
| Release date | Nov 06, 2025 |
| EPS estimate | $0.288 |
| EPS actual | $0.200 |
| EPS Surprise | -30.43% |
| Revenue estimate | 58.837M |
| Revenue actual | 84.973M |
| Revenue Surprise | 44.42% |
| Release date | Aug 06, 2025 |
| EPS estimate | $0.280 |
| EPS actual | $0.240 |
| EPS Surprise | -14.29% |
| Revenue estimate | 59.496M |
| Revenue actual | 170.355M |
| Revenue Surprise | 186.33% |
| Release date | May 06, 2025 |
| EPS estimate | $0.390 |
| EPS actual | $0.290 |
| EPS Surprise | -25.64% |
| Revenue estimate | 45.1M |
| Revenue actual | 74.797M |
| Revenue Surprise | 65.85% |
| Release date | Feb 19, 2025 |
| EPS estimate | $0.400 |
| EPS actual | $0.390 |
| EPS Surprise | -2.50% |
| Revenue estimate | 51M |
| Revenue actual | 32.652M |
| Revenue Surprise | -35.98% |
Last 4 Quarters for MFA Financial
Below you can see how MFA performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Feb 19, 2025 |
| Price on release | $10.32 |
| EPS estimate | $0.400 |
| EPS actual | $0.390 |
| EPS surprise | -2.50% |
| Date | Price |
|---|---|
| Feb 12, 2025 | $10.55 |
| Feb 13, 2025 | $10.68 |
| Feb 14, 2025 | $10.65 |
| Feb 18, 2025 | $10.30 |
| Feb 19, 2025 | $10.32 |
| Feb 20, 2025 | $10.36 |
| Feb 21, 2025 | $10.30 |
| Feb 24, 2025 | $10.33 |
| Feb 25, 2025 | $10.56 |
| 4 days before | -2.18% |
| 4 days after | 2.33% |
| On release day | 0.388% |
| Change in period | 0.0948% |
| Release date | May 06, 2025 |
| Price on release | $9.38 |
| EPS estimate | $0.390 |
| EPS actual | $0.290 |
| EPS surprise | -25.64% |
| Date | Price |
|---|---|
| Apr 30, 2025 | $9.82 |
| May 01, 2025 | $9.76 |
| May 02, 2025 | $9.97 |
| May 05, 2025 | $9.91 |
| May 06, 2025 | $9.38 |
| May 07, 2025 | $9.39 |
| May 08, 2025 | $9.47 |
| May 09, 2025 | $9.47 |
| May 12, 2025 | $9.61 |
| 4 days before | -4.48% |
| 4 days after | 2.45% |
| On release day | 0.107% |
| Change in period | -2.14% |
| Release date | Aug 06, 2025 |
| Price on release | $9.19 |
| EPS estimate | $0.280 |
| EPS actual | $0.240 |
| EPS surprise | -14.29% |
| Date | Price |
|---|---|
| Jul 31, 2025 | $9.09 |
| Aug 01, 2025 | $9.13 |
| Aug 04, 2025 | $9.19 |
| Aug 05, 2025 | $9.17 |
| Aug 06, 2025 | $9.19 |
| Aug 07, 2025 | $9.34 |
| Aug 08, 2025 | $9.31 |
| Aug 11, 2025 | $9.24 |
| Aug 12, 2025 | $9.55 |
| 4 days before | 1.10% |
| 4 days after | 3.92% |
| On release day | 1.63% |
| Change in period | 5.06% |
| Release date | Nov 06, 2025 |
| Price on release | $8.97 |
| EPS estimate | $0.288 |
| EPS actual | $0.200 |
| EPS surprise | -30.43% |
| Date | Price |
|---|---|
| Oct 31, 2025 | $8.99 |
| Nov 03, 2025 | $9.04 |
| Nov 04, 2025 | $9.12 |
| Nov 05, 2025 | $9.26 |
| Nov 06, 2025 | $8.97 |
| Nov 07, 2025 | $9.21 |
| Nov 10, 2025 | $9.27 |
| Nov 11, 2025 | $9.37 |
| Nov 12, 2025 | $9.35 |
| 4 days before | -0.222% |
| 4 days after | 4.24% |
| On release day | 2.68% |
| Change in period | 4.00% |
MFA Financial Earnings Call Transcript Summary of Q3 2025
MFA reported a solid quarter and outlined a series of strategic initiatives designed to materially increase earnings and ROE into 2026. Key financials: GAAP book value $13.13 and economic book value $13.69 at September 30; third-quarter net interest income $56.8M; distributable earnings (DE) ~$21M or $0.20 per share (DE ex-credit losses ~$0.32); credit losses were ~$0.11 per share. Management plans to (1) deploy excess cash (~$100M cited) into higher‑return target assets (including growing Agency MBS), (2) call/resecuritize maturing securitizations to free capital, (3) grow Lima One originations (resume multifamily lending in early 2026, expand wholesale channel), (4) accelerate resolution of nonperforming loans to free equity capital, (5) reduce G&A run rate by 7–10% vs. 2024, and (6) modestly modify the capital structure by issuing preferred stock (via ATM) and repurchasing common at discounts. Portfolio activity: $1.2B acquired in Q3 (including $453M non‑QM, $473M Agency MBS, $260M Lima One loans); non‑QM book now >$5B; added ~$900M of Agency MBS post-quarter. Credit trends improved: overall loan delinquency down to 6.8%, resolved $223M of nonperforming loans (generating ~$15M gain vs. prior marks). Management expects these actions to drive DE growth and reconvergence with the common dividend by mid‑2026 and sees attractive buyback economics today (common repurchases at ~27% discount to economic book value).
