The price of Annaly Capital Management Inc (NYSE: NLY) closed at $19.30 in the last session, down -0.72% from day before closing price of $19.44. In other words, the price has decreased by -$0.14 from its previous closing price. On the day, 3716544 shares were traded.
Ratios:
We take a closer look at NLY’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.08. In the meantime, Its Debt-to-Equity ratio is 6.89 whereas as Long-Term Debt/Eq ratio is at 1.15.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Compass Point on April 02, 2024, initiated with a Buy rating and assigned the stock a target price of $22.
UBS Upgraded its Neutral to Buy on September 18, 2023, whereas the target price for the stock was revised from $21 to $24.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 9.65B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.72 while its Price-to-Book (P/B) ratio in mrq is 0.99.
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 19.28, while the 200-Day Moving Average is calculated to be 19.04.
Shares Statistics:
According to the various share statistics, NLY traded on average about 3.72M shares per day over the past 3-months and 3.45M shares per day over the past 10 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 54.73% stake in the company. Shares short for NLY as of Mar 15, 2024 were 8.88M with a Short Ratio of 2.39, compared to 8.27M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.78% and a Short% of Float of 2.00%.
Dividends & Splits
The forward annual dividend rate for NLY is 2.60, which was 2.60 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 13.37%, it implies a Forward Annual Dividend Yield of 13.47%. The stock’s 5-year Average Dividend Yield is 13.27.
Earnings Estimates
The company has 9 analysts who recommend its stock at the moment. 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
According to 6 analysts, the current quarter’s revenue is expected to be $1.02B. 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.
