MFA Financial's Valuation Gains Momentum with Strong Earnings and US$200 Million Buyback

MFA Financial reported Q4 net income of $54.32 million, with basic earnings per share of $0.42, compared to a loss per share of $0.02 in the same period last year. The company also announced a new $200 million share repurchase program. The stock has a 90-day share price return of 3.01% and a 1-year total shareholder return of 9.06%. Analysts have set targets above the current price, suggesting the market is pricing in future growth.