$MFA

MFA FINANCIAL, INC. (MFA) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Exhibit 99.1 MFA FINANCIAL, INC. 12 East 49th Street 8th Floor – Suite 825 New York, New York 10017 (212) 207-6400 PRESS RELEASE FOR IMMEDIATE RELEASE October 8, 2026 NEW YORK METRO Investor Contact: MFA Investor Relations NYSE: MFA 212-207-6488 www.mfafinancial.com MFA Financial

MFA Financial, Inc. announced CEO Craig L. Knutson will retire June 30, 2027, and President/CIO Bryan Wulfsohn will take over as President and CEO. Andrew P. Kail will join as SVP and CIO on January 1, 2027.

MFA Financial (MFA) reported Q2 2026 results on an earnings call. Investment portfolio rose to $13.0B from $12.5B as Agency MBS grew. GAAP net income was $46.8M ($0.35/share). Distributable earnings were $12.2M ($0.12/share) after $24.5M realized credit losses. 60+ delinquency fell to 7.0% after ~$200M delinquent loan resolutions; G&A run rate guidance was $26M-$27M/quarter.

MFA Financial reported Q2 distributable earnings of $36.7 million, or $0.35 per share, excluding realized credit losses, up from $0.34 in the prior quarter. The company guided for elevated realized credit losses in Q3, below Q2, then moderating toward year-end and H1 2027. Portfolio ended near $13 billion, with Non-QM at $5.7 billion, and it repurchased 500,000+ shares.

MFA FINANCIAL, INC. (MFA) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 MFA FINANCIAL, INC. PRESS RELEASE FOR IMMEDIATE RELEASE August 5, 2026 NEW YORK METRO INVESTOR CONTACT: InvestorRelations@mfafinancial.com NYSE: MFA 212-207-6488 www.mfafinancial.com MEDIA CONTACT: H/Advisors Abernathy Sydney Isaacs 713-343-0427 MFA Financial, Inc. A

The article argues that five mortgage REITs with 10%+ dividend yields face elevated dividend risk. It cites dividend cuts or weak coverage for MFA, DX, ARR, ABR, and ORC, including distributable earnings below dividends, falling book value, and high leverage. It also notes negative total economic returns for all five in Q1 2026.

BTIG upgraded MFA Financial (NYSE:MFA) to Buy from Neutral on June 17, setting a $10.50 price target. BTIG expects improved dividend coverage as realized losses from MFA’s legacy portfolio ease in the second half of the year, supporting distributable earnings and narrowing the stock’s valuation discount. RBC on June 3 cut its target to $10 and flagged near-term credit-loss pressure.

Wall Street analysts issued a range of calls on Wednesday. Bernstein initiated GE Vernova (outperform), NeoVolta (buy, $8 PT) and reiterated Nvidia (outperform). Deutsche Bank raised Micron’s PT to $1,500 ahead of next week’s earnings. Bernstein also lifted AMD to $600, Intel to $100, and Arm to $500. Morgan Stanley downgraded ResMed to equal weight; Citi initiated Figma (buy, $36 PT).

Citigroup Inc. significantly increased its stake in MFA Financial, Inc. by 440.1% in the third quarter of last year, acquiring over a million additional shares. This brought Citigroup's total holding in the real estate investment trust to 1,345,561 shares, valued at approximately $12.37 million. MFA Financial, which specializes in residential mortgage loans and securities, offers a substantial 14.2% annualized dividend yield, though its payout ratio of 111.63% raises concerns about its sustainability.

Keefe, Bruyette & Woods analyst Bose George has increased the price target for MFA Financial (MFA) from $10.00 to $11.00, while maintaining a "Market Perform" rating. This adjustment comes amidst a series of diverse analyst ratings over recent months for the specialty finance company, which invests in residential mortgage assets. The average target price from four analysts is $10.69, suggesting a 6.34% upside from MFA's current price of $10.05.