Annaly Capital Management Inc. [NYSE: NLY] jumped around 0.11 points on Monday, while shares priced at $9.18 at the close of the session, up 1.21%. The company report on June 10, 2021 that Annaly Capital Management, Inc. Announces 2nd Quarter 2021 Common Stock Dividend of $0.22 per Share.
The Board of Directors of Annaly Capital Management, Inc. (NYSE: NLY) (“Annaly” or the “Company”) declared the second quarter 2021 common stock cash dividend of $0.22 per common share. This dividend is payable July 30, 2021, to common shareholders of record on June 30, 2021. The ex-dividend date is June 29, 2021.
Annaly Capital Management Inc. stock is now 8.64% up from its year-to-date (YTD) trading value. NLY Stock saw the intraday high of $9.21 and lowest of $9.08 per share. The company’s 52-week high price is 9.64, which means current price is +14.04% above from all time high which was touched on 06/09/21.
Compared to the average trading volume of 15.10M shares, NLY reached a trading volume of 21475542 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Annaly Capital Management Inc. [NLY]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NLY shares is $9.35 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NLY stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Keefe Bruyette have made an estimate for Annaly Capital Management Inc. shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on June 07, 2021. The new note on the price target was released on April 21, 2021, representing the official price target for Annaly Capital Management Inc. stock. Previously, the target price had yet another raise to $9, while Keefe Bruyette analysts kept a Outperform rating on NLY stock.
The Average True Range (ATR) for Annaly Capital Management Inc. is set at 0.16, with the Price to Sales ratio for NLY stock in the period of the last 12 months amounting to 2.40. The Price to Book ratio for the last quarter was 1.03, with the Price to Cash per share for the same quarter was set at 0.80. Price to Free Cash Flow for NLY in the course of the last twelve months was 5.52.
How has NLY stock performed recently?
Annaly Capital Management Inc. [NLY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.29. With this latest performance, NLY shares dropped by -0.54% in over the last four-week period, additionally plugging by 9.16% over the last 6 months – not to mention a rise of 37.22% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NLY stock in for the last two-week period is set at 46.91, with the RSI for the last a single of trading hit 43.24, and the three-weeks RSI is set at 49.87 for Annaly Capital Management Inc. [NLY]. The present Moving Average for the last 50 days of trading for this stock 9.12, while it was recorded at 9.17 for the last single week of trading, and 8.30 for the last 200 days.
Annaly Capital Management Inc. [NLY]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Annaly Capital Management Inc. [NLY] shares currently have an operating margin of -1.29 and a Gross Margin at +98.47. Annaly Capital Management Inc.’s Net Margin is presently recorded at -60.03.
Return on Total Capital for NLY is now -0.02, given the latest momentum, and Return on Invested Capital for the company is -3.88. Return on Equity for this stock declined to -5.98, with Return on Assets sitting at -0.81. When it comes to the capital structure of this company, Annaly Capital Management Inc. [NLY] has a Total Debt to Total Equity ratio set at 513.11. Additionally, NLY Total Debt to Total Capital is recorded at 83.69, with Total Debt to Total Assets ending up at 81.26. Long-Term Debt to Equity for the company is recorded at 56.20, with the Long-Term Debt to Total Capital now at 8.16.
Reflecting on the efficiency of the workforce at the company, Annaly Capital Management Inc. [NLY] managed to generate an average of -$4,950,906 per employee. Receivables Turnover for the company is 4.02 with a Total Asset Turnover recorded at a value of 0.01.
Earnings analysis for Annaly Capital Management Inc. [NLY]
With the latest financial reports released by the company, Annaly Capital Management Inc. posted 0.27/share EPS, while the average EPS was predicted by analysts to be reported at 0.22/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 22.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NLY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Annaly Capital Management Inc. go to -3.25%.
Insider trade positions for Annaly Capital Management Inc. [NLY]
There are presently around $5,403 million, or 43.80% of NLY stock, in the hands of institutional investors. The top three institutional holders of NLY stocks are: VANGUARD GROUP INC with ownership of 123,783,526, which is approximately 1.245% of the company’s market cap and around 0.30% of the total institutional ownership; BLACKROCK INC., holding 109,994,240 shares of the stock with an approximate value of $997.65 million in NLY stocks shares; and STATE STREET CORP, currently with $279.91 million in NLY stock with ownership of nearly -1.7% of the company’s market capitalization.
Positions in Annaly Capital Management Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 364 institutional holders increased their position in Annaly Capital Management Inc. [NYSE:NLY] by around 37,444,881 shares. Additionally, 280 investors decreased positions by around 85,468,131 shares, while 131 investors held positions by with 472,760,652 shares. The mentioned changes placed institutional holdings at 595,673,664 shares, according to the latest SEC report filing. NLY stock had 85 new institutional investments in for a total of 8,990,012 shares, while 73 institutional investors sold positions of 8,939,794 shares during the same period.