MFA Financial, Inc. Provides Status Update on Status of Financing Arrangements as of March 23, 2020
MFA Financial, Inc. (MFA)
Last mfa financial, inc. earnings: 2/20 08:30 am
Check Earnings Report
US:NYSE Investor Relations:
mfafinancial.com
Company Research
Source: PR Newswire
NEW YORK, March 24, 2020 /PRNewswire/ -- MFA Financial, Inc. (NYSE: MFA) (the "Company") announced today that in recent weeks, due to the turmoil in the financial markets resulting from the global pandemic of the COVID-19 virus, the Company and its subsidiaries have received an unusually high number of margin calls from financing counterparties, and have also experienced higher funding costs in respect of its repurchase agreements. At the close of business on March 23, 2020, the Company did not meet its margin calls. Further, on March 23, 2020, the Company notified its financing counterparties that it does not expect to be in a position to fund the anticipated volume of future margin calls under its financing arrangements in the near term as a result of market disruptions created by the COVID-19 pandemic. The Company estimates that, as of March 20, 2020, the Company's aggregate obligations under its various financing arrangements is approximately $9.5 billion. In light of the event
Show less
Read more
Impact Snapshot
Event Time:
MFA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MFA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MFA alerts
High impacting MFA Financial, Inc. news events
Weekly update
A roundup of the hottest topics
MFA
News
- MFA Financial, Inc. Announces Fourth Quarter Dividends on Series B Preferred Stock and Series C Preferred StockBusiness Wire
- MFA Financial President and Chief Investment Officer Bryan Wulfsohn to Participate in Southwest IDEAS Investors Conference [Yahoo! Finance]Yahoo! Finance
- MFA Financial President and Chief Investment Officer Bryan Wulfsohn to Participate in Southwest IDEAS Investors ConferenceBusiness Wire
- MFA Financial, Inc. (NYSE: MFA) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $15.00 price target on the stock.MarketBeat
- MFA Financial Inc (MFA) Q3 2024 Earnings Call Highlights: Strong Loan Acquisitions and Economic ... [Yahoo! Finance]Yahoo! Finance
MFA
Earnings
- 11/6/24 - In-Line
MFA
Sec Filings
- 11/8/24 - Form SC
- 11/6/24 - Form 10-Q
- 11/6/24 - Form 8-K
- MFA's page on the SEC website