MFA Financial Inc (NYSE: MFA) saw its stock price plummet by 5.03% in Tuesday's intraday trading following the release of its first-quarter 2025 financial results. The real estate investment trust's earnings fell short of analyst expectations, triggering a selloff among investors.
The company reported adjusted earnings of $0.29 per share for the quarter ended March 31, missing the consensus estimate of $0.32 per share. This represents a significant 17.14% decrease from the $0.35 per share reported in the same period last year. Despite the earnings miss, MFA Financial's quarterly revenue rose to $57.54 million, surpassing analyst projections of $50.50 million and marking a 20.34% increase year-over-year.
The disappointing earnings results add to MFA Financial's recent struggles in the stock market. Prior to this announcement, the company's shares had already fallen by 3.4% this quarter and lost 2.7% year-to-date. The latest plunge further exacerbates these losses, reflecting growing investor concerns about the company's performance in a challenging market environment. Despite the setback, MFA Financial maintains that it is "well-situated to take advantage of opportunities in 2025 and beyond," suggesting a potentially optimistic outlook amid current market volatility.