Annaly Capital Management (NLY) shares change -0.71%: what you need to know


Annaly Capital Management (NLY) closed on the most recent trading day at $ 8.42, or -0.71% from the previous trading session. This change was smaller than the S&P 500’s 1.19% loss on the day.

As of today, shares of the REIT had lost 2.86% over the past month. At the same time, the financials sector lost 2.52%, while the S&P 500 lost 3.16%.

NLY will seek to show its strength as the next publication of its results approaches. The company is expected to post EPS of $ 0.26, down 18.75% from the previous year quarter. Our most recent consensus estimate projects quarterly revenue of $ 410.15 million, down 8.31% from the previous year.

Zacks’ consensus estimates for NLY’s full year project earnings of $ 1.10 per share and revenue of $ 1.8 billion. These results would represent year-over-year variations of 0% and + 35.3%, respectively.

Investors should also note any recent changes in analyst estimates for NLY. These revisions help show the ever-changing nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company’s business outlook.

Research indicates that these estimate revisions are directly correlated with short-term stock price dynamics. To benefit from this, we have developed the Zacks Rank, a proprietary model that takes these rating changes into account and provides an actionable rating system.

Zacks’ ranking system, which ranges from # 1 (strong buy) to # 5 (strong sell), has an impressive history of externally audited outperformance, with # 1 stocks generating an average annual return of + 25% since 1988. Zacks Consensus EPS estimate has remained stagnant over the past month. NLY is currently a Zacks Rank # 3 (Hold).

Valuation is also important, so investors should note that NLY currently has a forward P / E ratio of 7.69. This represents a discount to its sector’s average forward P / E of 10.64.

The REIT and Equity Trust industry is part of the finance industry. This industry currently has a Zacks Industry Rank of 100, which places it in the top 40% of 250+ industries.

The Zacks Industry Rank includes is ranked from best to worst in terms of the average Zacks Rank of individual companies in each of these industries. Our research shows that the top 50% of industries top the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and more, at Zacks.com.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.