NYSE · Real Estate · REIT - Mortgage · USA
MFA Financial Inc is a small cap company (market value between $300 million and $2 billion) in the REIT - Mortgage industry.
MFA Financial invests in and finances residential mortgage assets, including whole loans such as Non-QM loans and business purpose loans, as well as residential mortgage securities and real estate owned properties. Through its wholly-owned subsidiary Lima One, the company originates and services business purpose loans for real estate investors. The company operates as an internally-managed real estate investment trust.
From its FY2025 annual report (Form 10-K)
Intrinsic value, DCF valuation, financial health and value investing analysis for the MFA Financial Inc stock.
Undervalued: intrinsic value $11.05 per share, market price $6.66, margin of safety 39.7% (as of 2026-10-30).
Book value at 0.58x, the multiple a 8.2% return on equity justifies, blended with earnings, values the shares at $11.05; the price of $6.66 is 40% below that value.
Leak Score: 70/100 on 9 of 12 signals (Clear Leak).
17 more funds hold it; the full list is part of the paid plan.
MFA is undervalued (as of the 2026-10-30 close). Book value at 0.58x, the multiple a 8.2% return on equity justifies, blended with earnings, values the shares at $11.05; the price of $6.66 is 40% below that value.
$11.05 per share (as of the 2026-10-30 close), against a market price of $6.66. That is a margin of safety of 39.7%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.
70 out of 100, which we rate "Clear Leak", on 9 of 12 value investing signals.