NYSE:NLYANNALY CAP MGMT/SH Stock Price, Forecast & News

$6.34

-0.21 (-3.21 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

$6.30

Now: $6.34▼

$6.58

50-Day Range

$4.25

MA: $5.99▼

$6.43

52-Week Range

$3.51

Now: $6.34▼

$10.50

Volume25.56 million shs

Average Volume19.99 million shs

Market Capitalization$9.07 billion

P/E RatioN/A

Dividend Yield18.32%

Beta1.1

Annaly Capital Management, Inc., a diversified capital manager, invests in and finances residential and commercial assets. The company invests in various types of agency mortgage-backed securities, non-agency residential mortgage assets, and residential mortgage loans; and originates and invests in commercial mortgage loans, securities, and other commercial real estate investments. It also provides financing to private equity-backed middle market businesses; and operates as a broker-dealer. The company has elected to be taxed as a real estate investment trust (REIT). As a REIT, it is not subject to federal income tax to the extent that it distributes its taxable income to its shareholders. Annaly Capital Management, Inc. was founded in 1996 and is based in New York, New York.

Beat the Market (BTM) Rank^™

3.4 Analyst's Opinion

Consensus Rating
ANNALY CAP MGMT/SH has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $7.64, ANNALY CAP MGMT/SH has a potential upside of 20.5% from its current price of $6.34.
Amount of Analyst Coverage
ANNALY CAP MGMT/SH has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0 Community Rank

Outperform Votes
ANNALY CAP MGMT/SH has received 433 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
ANNALY CAP MGMT/SH has received 659 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
ANNALY CAP MGMT/SH has received 60.35% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about ANNALY CAP MGMT/SH and other stocks. Vote “Outperform” if you believe NLY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe NLY will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
ANNALY CAP MGMT/SH is a leading dividend payer. It pays a dividend yield of 18.32%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
ANNALY CAP MGMT/SH does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of ANNALY CAP MGMT/SH is 120.00 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, ANNALY CAP MGMT/SH will have a dividend payout ratio of 134.83 % in the coming year. This indicates that ANNALY CAP MGMT/SH may not be able to sustain their current dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ANNALY CAP MGMT/SH insiders have bought more of their company's stock than they have sold. Specifically, they have bought $2,226,400.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.36% of the stock of ANNALY CAP MGMT/SH is held by insiders.
Percentage Held by Institutions
52.52% of the stock of ANNALY CAP MGMT/SH is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for ANNALY CAP MGMT/SH are expected to grow by 5.95% in the coming year, from $0.84 to $0.89 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of ANNALY CAP MGMT/SH is -1.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of ANNALY CAP MGMT/SH is -1.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
ANNALY CAP MGMT/SH has a P/B Ratio of 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.45 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Real estate investment trusts

Sub-IndustryMortgage REITs

SectorFinance

Current SymbolNYSE:NLY

Previous Symbol

CUSIP03571040

CIK1043219

Webwww.annaly.com

Phone212-696-0100

Debt

Debt-to-Equity Ratio0.59

Current Ratio1.15

Quick Ratio1.15

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio7.55

P/E GrowthN/A

Sales & Book Value

Annual Sales$3.79 billion

Price / Sales2.39

Cash Flow$3.15 per share

Price / Cash Flow2.01

Book Value$7.50 per share

Price / Book0.85

Profitability

EPS (Most Recent Fiscal Year)$1.00

Net Income$-2,162,860,000.00

Net Margins-142.51%

Return on Equity11.46%

Return on Assets1.21%

Miscellaneous

EmployeesN/A

Outstanding Shares1,430,424,000

Market Cap$9.07 billion

Next Earnings Date7/29/2020 (Estimated)

OptionableOptionable

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ANNALY CAP MGMT/SH (NYSE:NLY) Frequently Asked Questions

How has ANNALY CAP MGMT/SH's stock been impacted by COVID-19 (Coronavirus)?

ANNALY CAP MGMT/SH's stock was trading at $7.98 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, NLY stock has decreased by 20.6% and is now trading at $6.34. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of ANNALY CAP MGMT/SH?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ANNALY CAP MGMT/SH in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for ANNALY CAP MGMT/SH.

When is ANNALY CAP MGMT/SH's next earnings date?

ANNALY CAP MGMT/SH is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for ANNALY CAP MGMT/SH.

How were ANNALY CAP MGMT/SH's earnings last quarter?

ANNALY CAP MGMT/SH (NYSE:NLY) announced its earnings results on Wednesday, April, 29th. The real estate investment trust reported $0.21 EPS for the quarter, meeting the Zacks' consensus estimate of $0.21. The real estate investment trust had revenue of $51.55 million for the quarter, compared to analyst estimates of $376.45 million. ANNALY CAP MGMT/SH had a negative net margin of 142.51% and a positive return on equity of 11.46%. During the same quarter last year, the firm posted $0.29 EPS. View ANNALY CAP MGMT/SH's earnings history.

How often does ANNALY CAP MGMT/SH pay dividends? What is the dividend yield for ANNALY CAP MGMT/SH?

ANNALY CAP MGMT/SH declared a quarterly dividend on Monday, March 16th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.25 per share on Thursday, April 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 15.77%. The ex-dividend date is Monday, March 30th. View ANNALY CAP MGMT/SH's dividend history.

What guidance has ANNALY CAP MGMT/SH issued on next quarter's earnings?

ANNALY CAP MGMT/SH updated its first quarter 2020 After-Hours earnings guidance on Tuesday, April, 7th. The company provided earnings per share guidance of 0.20-0.21 for the period, compared to the Thomson Reuters consensus estimate of $0.27.

What price target have analysts set for NLY?

7 brokers have issued 1-year price objectives for ANNALY CAP MGMT/SH's stock. Their forecasts range from $6.00 to $10.00. On average, they expect ANNALY CAP MGMT/SH's share price to reach $7.64 in the next year. This suggests a possible upside of 20.5% from the stock's current price. View analysts' price targets for ANNALY CAP MGMT/SH.

Has ANNALY CAP MGMT/SH been receiving favorable news coverage?

News headlines about NLY stock have trended positive recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ANNALY CAP MGMT/SH earned a news impact score of 3.0 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an impact on the company's share price in the next several days. View the latest news aboutANNALY CAP MGMT/SH.

Are investors shorting ANNALY CAP MGMT/SH?

ANNALY CAP MGMT/SH saw a increase in short interest in April. As of April 15th, there was short interest totaling 21,820,000 shares, an increase of 9.5% from the March 31st total of 19,930,000 shares. Based on an average daily volume of 22,920,000 shares, the days-to-cover ratio is presently 1.0 days. Currently, 1.5% of the company's stock are short sold. View ANNALY CAP MGMT/SH's Current Options Chain.

Who are some of ANNALY CAP MGMT/SH's key competitors?

Some companies that are related to ANNALY CAP MGMT/SH include AGNC Investment (AGNC), Starwood Property Trust (STWD), CHIMERA INVT CO/SH NEW (CIM), Two Harbors Investment (TWO), Apollo Commercial Real Est. Finance (ARI), PennyMac Mortgage Investment Trust (PMT), Colony Capital (CLNY), MFA FINL INC/SH (MFA), NY MTG TR INC/SH (NYMT), Redwood Trust (RWT), ARMOUR Residential REIT (ARR), CAPSTEAD MTG CO/SH (CMO), Invesco Mortgage Capital (IVR), Ready Capital (RC) and Dynex Capital (DX). View all competitors.

What other stocks do shareholders of ANNALY CAP MGMT/SH own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ANNALY CAP MGMT/SH investors own include AT&T (T), AGNC Investment (AGNC), Energy Transfer LP Unit (ET), New Residential Investment (NRZ), Enterprise Products Partners (EPD), Ford Motor (F), General Electric (GE), Verizon Communications (VZ), CHIMERA INVT CO/SH NEW (CIM) and Prospect Capital (PSEC).

Who are ANNALY CAP MGMT/SH's key executives?

ANNALY CAP MGMT/SH's management team includes the following people:

Mr. Kevin G. Keyes, Chairman, CEO & Pres (Age 51)
Mr. Glenn A. Votek, Chief Financial Officer (Age 61)
Mr. David L. Finkelstein C.F.A., Chief Investment Officer (Age 46)
Ms. Helen W. Crossen, Chief Admin. Officer
Ms. Jessica La Scala, Head of Investor Relations

What is ANNALY CAP MGMT/SH's stock symbol?

ANNALY CAP MGMT/SH trades on the New York Stock Exchange (NYSE) under the ticker symbol "NLY."

Who are ANNALY CAP MGMT/SH's major shareholders?

ANNALY CAP MGMT/SH's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.86%), State Street Corp (3.12%), Wells Fargo & Company MN (1.71%), APG Asset Management N.V. (1.34%), Geode Capital Management LLC (1.27%) and Legal & General Group Plc (0.84%). Company insiders that own ANNALY CAP MGMT/SH stock include Anthony C Green, David L Finkelstein, John H Schaefer, Katherine Beirne Fallon, Kevin Keyes, Serena Wolfe, Thomas Edward Hamilton and Timothy P Coffey. View institutional ownership trends for ANNALY CAP MGMT/SH.

Which institutional investors are selling ANNALY CAP MGMT/SH stock?

NLY stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Balyasny Asset Management LLC, BlackRock Inc., State Street Corp, Morgan Stanley, Morgan Stanley, Alberta Investment Management Corp, and SG Americas Securities LLC. View insider buying and selling activity for ANNALY CAP MGMT/SH.

Which institutional investors are buying ANNALY CAP MGMT/SH stock?

NLY stock was acquired by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Advisor Group Holdings Inc., Nuveen Asset Management LLC, APG Asset Management N.V., APG Asset Management N.V., Wells Fargo & Company MN, Bessemer Group Inc., and CIBC Asset Management Inc. Company insiders that have bought ANNALY CAP MGMT/SH stock in the last two years include Anthony C Green, David L Finkelstein, John H Schaefer, Katherine Beirne Fallon, Kevin Keyes, Serena Wolfe, Thomas Edward Hamilton, and Timothy P Coffey. View insider buying and selling activity for ANNALY CAP MGMT/SH.

How do I buy shares of ANNALY CAP MGMT/SH?

Shares of NLY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is ANNALY CAP MGMT/SH's stock price today?

One share of NLY stock can currently be purchased for approximately $6.34.

How big of a company is ANNALY CAP MGMT/SH?

ANNALY CAP MGMT/SH has a market capitalization of $9.07 billion and generates $3.79 billion in revenue each year. The real estate investment trust earns $-2,162,860,000.00 in net income (profit) each year or $1.00 on an earnings per share basis.

What is ANNALY CAP MGMT/SH's official website?

The official website for ANNALY CAP MGMT/SH is www.annaly.com.

How can I contact ANNALY CAP MGMT/SH?

ANNALY CAP MGMT/SH's mailing address is 1211 AVENUE OF THE AMERICAS, NEW YORK NY, 10036. The real estate investment trust can be reached via phone at 212-696-0100 or via email at [email protected]

This page was last updated on 5/28/2020 by MarketBeat.com Staff