Market Insight: Annaly Capital Management Inc (NLY)’s Notable Drop, Closing at 20.42

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In the latest session, Annaly Capital Management Inc (NYSE: NLY) closed at $20.42 down -1.50% from its previous closing price of $20.73. In other words, the price has decreased by -$1.50 from its previous closing price. On the day, 3.86 million shares were traded. NLY stock price reached its highest trading level at $20.82 during the session, while it also had its lowest trading level at $20.42.

Ratios:

For a deeper understanding of Annaly Capital Management Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.01. In the meantime, Its Debt-to-Equity ratio is 6.71 whereas as Long-Term Debt/Eq ratio is at 1.33.

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, Janney on June 06, 2024, initiated with a Buy rating and assigned the stock a target price of $21.

On April 02, 2024, Compass Point started tracking the stock assigning a Buy rating and target price of $22.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 10374115328 and an Enterprise Value of 87954636800. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.70 while its Price-to-Book (P/B) ratio in mrq is 1.04. Its current Enterprise Value per Revenue stands at -384.424.

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 3.35%, while the 200-Day Moving Average is calculated to be 8.18%.

Shares Statistics:

For the past three months, NLY has traded an average of 3.43M shares per day and 4066986 over the past ten days. A total of 500.08M shares are outstanding, with a floating share count of 499.20M. Insiders hold about 0.25% of the company’s shares, while institutions hold 54.20% stake in the company. Shares short for NLY as of 1719532800 were 10504602 with a Short Ratio of 3.06, compared to 1717113600 on 8828878. Therefore, it implies a Short% of Shares Outstanding of 10504602 and a Short% of Float of 2.3699999.

Dividends & Splits

According to the company, the forward annual dividend rate for NLY is 2.60, from 2.6 in the trailing year. Against a Trailing Annual Dividend Yield of 0.12542209The stock’s 5-year Average Dividend Yield is 13.46.

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