Hot Stock Update: Annaly Capital Management Inc (NYSE:NLY)

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Annaly Capital Management Inc (NYSE:NLY)

JP Morgan Maintains Annaly Capital Management Inc (NYSE:NLY)’s stock to Neutral with the price target of $10.5. This rating was issued on 7/23/18. The stock recently closed its previous session at $9.95 by showing a percentage change of -0.3% from its previous day closing price of $9.98.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on Annaly Capital Management Inc (NYSE:NLY) in which JP Morgan Maintains Annaly Capital Management Inc (NYSE:NLY) to Neutral by settling a price target of $10 on 5/22/18. Deutsche Bank Maintains the stock to Hold on 5/03/18 by stationing a price target of $10. Compass Point Upgrades the company’s stock to Neutral on 2/13/18 with no specific Price Target. Bank of America Downgrades Annaly Capital Management Inc (NYSE:NLY) to Underperform with no specific Price Target.

Annaly Capital Management Inc (NYSE:NLY) currently has a consensus Price Target of $10.5. While some analysts have a High Price target for the stock of $11 and a Low Price Target of $10.

Several sell side analysts reviewed their recommendations on Annaly Capital Management Inc (NYSE:NLY) where 0 analyst have rated the stock as Strong Buy, 0 analysts said it’s a Buy, 7 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 3. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, Annaly Capital Management Inc (NYSE:NLY) reported its Actual EPS of $0.3/share. The analysts offering Earnings Estimates for the company were believing that Annaly Capital Management Inc (NYSE:NLY) could bring EPS of $0.29/share. The difference between Actual EPS and Estimated EPS was 0.01 Percent. Thus the company showed an Earnings Surprise of 3.4 Percent.

Annaly Capital Management Inc (NYSE:NLY) is currently showing its ROA (Return on Assets) of 2.9%. The Return on Investment (ROI) is at 1.6% while it’s Return on Equity (ROE) value stands at 23.4%. The stock currently shows its YTD (Year to Date) performance of -16.32 percent while its Weekly performance value is 0.61%. The Monthly and Yearly performances are -3.21 percent and -19.17 percent respectively. The Relative Volume value measured for Annaly Capital Management Inc (NYSE:NLY) is 0.55. The Average Volume (3 months) is 12.48 Million.

The stock currently has its Annual Dividend of $1.2 and an annual Dividend Yield of 12.06 Percent. NLY has P/E (Price to Earnings ttm) value of 3.92, Forward P/E of 8.58, P/C (Price to cash per share) of 11.36 and Price to Free Cash Flow (P/FCF) value of 1.8. The stock is showing its Operating Margin of 65 percent.

Company Profile:

Annaly Capital Management, Inc. owns, manages, and finances a portfolio of real estate related investment securities, including mortgage pass-through certificates, collateralized mortgage obligations (or CMOs) and agency callable debentures. Annaly also manages other securities representing interests in or obligations backed by pools of mortgage loans. The Company wholly-owned subsidiaries offer diversified real estate, asset management and other financial services. Annaly’s principal business objective is to generate net income for distribution to investors from its Investment Securities and from dividends it receives from its subsidiaries. Annaly is a Maryland corporation that has elected to be taxed as a real estate investment trust (REIT).