The closing price of Annaly Capital Management Inc (NYSE: NLY) was $19.44 for the day, down -1.47% from the previous closing price of $19.73. In other words, the price has decreased by $+0.36 from its previous closing price. On the day, 3279652 shares were traded.
Ratios:
Our analysis of NLY’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.11. In the meantime, Its Debt-to-Equity ratio is 6.89 whereas as Long-Term Debt/Eq ratio is at 1.15.
On September 18, 2023, UBS Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $21 to $24.
Piper Sandler Upgraded its Neutral to Overweight on May 02, 2023, whereas the target price for the stock was revised from $20 to $21.50.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 12 ’24 when Finkelstein David L sold 50,000 shares for $19.03 per share. The transaction valued at 951,500 led to the insider holds 662,469 shares of the business.
Finkelstein David L sold 50,000 shares of NLY for $852,000 on Nov 06 ’23. The CEO and CIO now owns 545,259 shares after completing the transaction at $17.04 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NLY now has a Market Capitalization of 9.72B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.73 while its Price-to-Book (P/B) ratio in mrq is 1.00.
Stock Price History:
Over the past 52 weeks, NLY has reached a high of $21.07, while it has fallen to a 52-week low of $14.52. The 50-Day Moving Average of the stock is 19.27, while the 200-Day Moving Average is calculated to be 19.10.
Shares Statistics:
NLY traded an average of 3.82M shares per day over the past three months and 3.84M shares per day over the past ten days. A total of 500.08M shares are outstanding, with a floating share count of 498.18M. Insiders hold about 0.38% of the company’s shares, while institutions hold 54.71% stake in the company. Shares short for NLY as of Feb 29, 2024 were 7.18M with a Short Ratio of 2.33, compared to 7.97M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.43% and a Short% of Float of 1.61%.
Dividends & Splits
With its trailing 12-month dividend rate of 2.60, NLY has a forward annual dividend rate of 3.25. Against a Trailing Annual Dividend Yield of 13.63%, it implies a Forward Annual Dividend Yield of 13.37%. The stock’s 5-year Average Dividend Yield is 13.20.
Earnings Estimates
The firm’s stock currently is rated by 9 analysts. On average, analysts expect EPS of $0.65 for the current quarter, with a high estimate of $0.67 and a low estimate of $0.62, while EPS last year was $0.81. The consensus estimate for the next quarter is $0.66, with high estimates of $0.69 and low estimates of $0.63.
Analysts are recommending an EPS of between $2.8 and $2.53 for the fiscal current year, implying an average EPS of $2.68. EPS for the following year is $2.71, with 7 analysts recommending between $3.05 and $2.6.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. It ranges from a high estimate of $1.1B to a low estimate of $950.8M. As of the current estimate, Annaly Capital Management Inc’s year-ago sales were $818.25M, an estimated increase of 24.80% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $1.03B, an increase of 18.00% less than the figure of $24.80% in the same quarter last year. There is a high estimate of $1.11B for the next quarter, whereas the lowest estimate is $982.6M.
A total of 6 analysts have provided revenue estimates for NLY’s current fiscal year. The highest revenue estimate was $4.41B, while the lowest revenue estimate was $3.89B, resulting in an average revenue estimate of $4.11B. In the same quarter a year ago, actual revenue was $3.73B, up 10.20% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $4.26B in the next fiscal year. The high estimate is $4.34B and the low estimate is $4.16B. The average revenue growth estimate for next year is up 3.60% from the average revenue estimate for this year.
