Stock analysts expect Annaly Capital Management, Inc. (NYSE: NLY) to post earnings of $ 0.26 per share for the current quarter, Zacks Investment Research reports. Two analysts estimated the earnings of Anna Capital Management, with the highest estimate of EPS at $ 0.27 and the lowest estimate at $ 0.24. Annaly Capital Management reported earnings per share of $ 0.30 in the same quarter last year, which would suggest a negative year-over-year growth rate of 13.3%. The company is expected to release its next earnings report on Wednesday, February 9.
According to Zacks, analysts expect Annaly Capital Management to report annual earnings of $ 1.13 per share for the current fiscal year, with EPS estimates ranging from $ 1.12 to $ 1.14. For next year, analysts predict the company will report earnings of $ 1.03 per share, with EPS estimates ranging from $ 0.90 to $ 1.07. Zacks’ earnings per share calculations are an average based on a survey of sales analysts who follow Annaly Capital Management.
Annaly Capital Management (NYSE: NLY) last reported its results on Wednesday, October 27. The real estate investment trust reported earnings of $ 0.28 per share for the quarter, beating Thomson Reuters’ consensus estimate of $ 0.27 of $ 0.01. Annaly Capital Management achieved a return on equity of 14.22% and a net margin of 136.60%. In the same quarter of last year, the company achieved EPS of $ 0.32.
NLY has been the subject of a number of research reports. TheStreet upgraded Annaly Capital Management from a “c” to a “b-” rating in a report released on Tuesday, November 23. Barclays downgraded Annaly Capital Management from an “overweight” rating to an “equal weight” rating and set a price target of $ 9.00 for the share. in a report on Friday October 29. Finally, Piper Sandler downgraded Annaly Capital Management from an “overweight” to a “neutral” rating and lowered its price target for the company from $ 9.00 to $ 8.50 in a report released on Wednesday, October 6. . One research analyst rated the stock with a sell rating, four assigned a conservation rating, and one assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average “Hold” rating and an average target price of $ 9.15.
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Shares of Annaly Capital Management traded up $ 0.05 during trading on Friday, reaching $ 8.19. The stock had a trading volume of 13,344,319 shares, compared to its average volume of 15,778,294. The company has a market capitalization of $ 11.88 billion, a price / earnings ratio of 4.22, a P / E / G ratio of 1.42 and a beta of 1.19. The stock has a fifty-day moving average price of $ 8.41 and a two hundred-day moving average price of $ 8.60. Annaly Capital Management has a 52 week low of $ 7.67 and a 52 week high of $ 9.64. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt ratio of 0.32.
The company also recently announced a quarterly dividend, which will be paid on Monday, January 31. Investors of record on Friday, December 31 will receive a dividend of $ 0.22. This represents a dividend of $ 0.88 on an annualized basis and a dividend yield of 10.74%. The ex-dividend date for this dividend is Thursday, December 30. Annaly Capital Management’s dividend payout ratio is currently 45.36%.
Several large investors have recently increased or reduced their holdings in the stock. Kings Point Capital Management increased its position in Annaly Capital Management by 101.9% during the third quarter. Kings Point Capital Management now owns 3,000 real estate investment trust shares worth $ 25,000 after purchasing an additional 1,514 shares in the last quarter. Jacobi Capital Management LLC increased its position in Annaly Capital Management by 181.8% during the third quarter. Jacobi Capital Management LLC now owns 3,100 real estate investment trust shares worth $ 26,000 after purchasing an additional 2,000 shares in the last quarter. McIlrath & Eck LLC acquired a new position in Annaly Capital Management during the second quarter valued at approximately $ 28,000. Focused Wealth Management Inc acquired a new position in Annaly Capital Management during the third quarter valued at approximately $ 29,000. Finally, AlphaMark Advisors LLC strengthened its position in Annaly Capital Management by 185.4% during the third quarter. AlphaMark Advisors LLC now owns 3,511 real estate investment trust shares worth $ 30,000 after purchasing an additional 2,281 shares in the last quarter. 42.40% of the shares are currently held by institutional investors and hedge funds.
Company Profile Annaly Capital Management
Annaly Capital Management, Inc. engages in the investment and financing of residential and commercial assets. It operates through the following investment groups: agency, residential credit, trade credit and middle market credit. The Agency group invests in securities backed by agency mortgages. The Residential Credit Group comprises agencyless residential mortgage assets within securitized products and entire loan markets.
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