You should consider shares of MFA Financial Inc. (NYSE:MFA) and Donaldson Company Inc. (NYSE:DCI) if you are looking for a great stocks to invest in. Starting with the MFA shares, which traded at $7.66 at the close of the recent session, gaining 0.26%. On Tuesday, the company’s shares shed $0.02 from its value which represented in intraday trading. The stock is now 5.66% higher in year-to-date (YTD) trading. MFA’s intraday high was $7.67 while its lowest price touched $7.615. The stock’s 52-week high price is $7.75, which means the current price is at -1.16%. In terms of trading activity, the daily trading volume fell to 1801800 against 200-day average trading volume of 2,268,710 shares.
What are analyst forecasts for MFA Financial Inc. (NYSE:MFA)?
At a consensus rating of 4.00, MFA is trending as a streaking Moderate Buy, as it has been the case a month ago when 6 analysts called it a Moderate Buy. Two months ago, 5 analysts recommended, on average, that MFA stock is a Moderate Buy. The Financial company’s shares’ overall bullish trend saw it close higher on Tuesday compared to its opening price of $7.62 on the day.
Forecasts for MFA Financial Inc. (NYSE:MFA) give the stock a fair value for the growth of 4.25% from its last price. The 12-month price forecast for the stock by analysts puts the stock’s mean price target at $8.00, which means the price per share could rise by nearly $0.34. The price range target is between a low of $7.25 and a high of $8.25. The stock would need to gain by about $7.15 to hit the estimated high or 0.84% from its 12-month low.
The consensus among 7 analysts is that it is a good time for one to Overweight in the MFA Financial Inc. 3 analysts rate MFA as a Buy, with 0 of 7 analysts rate it as a Sell. 0 have valued the stock as Overweight and 4 have recommended that investors Hold.
MFA Financial Inc. (NYSE:MFA) Upgrades and Downgrades
In terms of rating changes, Wedbush on October 10, 2019, Initiated MFA Financial Inc. (MFA) at Outperform. They believe the stock could reach $8.25 in the near term. Analysts at RBC Capital Mkts have assigned a Outperform rating for the stock in their research note on October 03, 2019. Moreover, Keefe Bruyette analysts issued a rating of Outperform for the stock on May 17, 2019. On December 17, 2018, the stock earned a Mkt Outperform rating due to an analyst call from JMP Securities.
Donaldson Company Inc. (NYSE:DCI) adds -$1.26 on Tuesday
The DCI stock has risen 24.25% year-to-date and is currently trading at $53.91, which is -5.93% below its 52-week high. The company shares lost -2.28% on the day and have risen nearly 33.87% off a low hit. At current levels, Donaldson Company Inc. has a valuation of about $2.84B. As of 12/03/19, this stock has fallen -3.34% during the week and closed at $55.17 in the previous session. However, recent Donaldson Company Inc. stock performance shows that DCI shares are 0.20% up over the last month, and 14.78% up for the last three months.
Earnings per share (EPS) estimates for the current quarter are $0.57, with the trailing 12-month share earnings at $2.20. The ratio is expected to be up by 2.30% for the current year 2019 and 11.90% for next year. Over the next 5-year period, earnings per share will be 8.00%. But will the DCI stock surprise in the current quarter results, where the $0.61 actual EPS reported on 7/30/2019 surprised by 1.70% or was higher by $0.01 from the estimated $0.6.
Sales Growth to climb 4.20% for the year
How well will Donaldson Company Inc. perform as a business over the current quarter, year and next 5-year period? Compared to the year-ago quarter, analysts forecast the company to bring in between $689.51M and $711.5M in current quarter sales. The consensus estimated for the current quarter is $699.32M from sales. Forecasts for this fiscal year are between $2.82B and $2.89B and the consensus estimate for sales is at $2.85B.
Who owns shares in Donaldson Company Inc. (DCI)?
Let’s briefly focus on the share ownership of the Donaldson Company Inc. (NYSE:DCI) stock, where we find that 82.09% of shares are held by institutions. Vanguard Group, Inc. (The) tops the list of institutional owners as it is holding 12.74 million shares or 10.10% of shares outstanding. Blackrock Inc. and State Farm Mutual Automobile Insurance Co held 11.37 million and 11.13 million representing 9.01% and 8.82% respectively at the close of the last trading session. As of Sep 29, 2019, State Street Corporation accounted for 5.83 million shares at over 303.85 million. This represented 4.62% of shares outstanding. Mairs & Power Inc held 4.73 million shares at over 246.25 million representing 3.75% of shares outstanding.
DCI Insider Activity
Insider activity can also give a signal in terms of price direction. Looking at Donaldson Company Inc. (DCI), a total of 14400 shares have been sold by insiders over the last 6 months while 212742 shares were added in the same time span. On 9/26/2019, Chairman, President & Chief Executive Officer by the name Carpenter Tod E sold 47745.0 shares worth $2.5 million at the price of $51.61 per share. Filings also show that Oberton Willard D sold a total of 14400.0 shares on 3/28/2019 valued at $707000.0. Since the last insider activity, the company’s share price has climbed 9.46%.