Analysts Have Conflicting Sentiments on These Financial Companies: MFA Financial (NYSE: MFA) and BB&T Corp. (NYSE: BBT)

By Jason Carr

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on MFA Financial (NYSE: MFA) and BB&T Corp. (NYSE: BBT).

MFA Financial (NYSE: MFA)

In a report released yesterday, Douglas Harter from Credit Suisse reiterated a Hold rating on MFA Financial (NYSE: MFA), with a price target of $7.50. The company’s shares opened today at $7.38.

Harter commented:

“We are maintaining our 2016 through 2018 core EPS estimates at $0.69, $0.72, and $0.72. As a note, our estimates do not include any future realized gains. We have confidence in MFA’s ability to maintain the current $0.20 dividend given future realized gains as well as the $0.16 undistributed taxable income.”

According to TipRanks.com, Harter is a 2-star analyst with an average return of 0.2% and a 55.1% success rate. Harter covers the Financial sector, focusing on stocks such as Arlington Asset Investment, Newcastle Investment Corp., and American Capital Mortgage.

MFA Financial has an analyst consensus of Moderate Buy, with a price target consensus of $7.75.

BB&T Corp. (NYSE: BBT)

Credit Suisse analyst Jill Shea reiterated a Buy rating on BB&T Corp. (NYSE: BBT) yesterday and set a price target of $42. The company’s shares opened today at $38.25, close to its 52-week high of $39.63.

According to TipRanks.com, Shea is a 4-star analyst with an average return of 4.6% and a 75.0% success rate. Shea covers the Financial sector, focusing on stocks such as Huntington Bancshares Inc., Fifth Third Bancorp, and Capital Bank Corp.

Currently, the analyst consensus on BB&T Corp. is Hold and the average price target is $39.75, representing a 3.9% upside.

In a report issued on October 19, BMO Capital also reiterated a Buy rating on the stock with a $43 price target.