Annaly Capital Management (NLY) Receives News Impact Rating of 0.13
News coverage about Annaly Capital Management (NYSE:NLY) has trended somewhat positive this week, according to Accern. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Annaly Capital Management earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave news articles about the real estate investment trust an impact score of 45.3527219402166 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the media stories that may have effected Accern Sentiment’s analysis:
- Annaly Capital Management: Here’s Why You Shouldn’t Buy Right Now – Seeking Alpha (seekingalpha.com)
- Annaly Capital Management, Inc. (NLY) Receives Consensus Recommendation of “Buy” from Brokerages (americanbankingnews.com)
- Annaly Capital Management, Inc. (NLY) Having Eye Catching Institutional Ownership of 57.20% – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Annaly Capital Management, Inc., (NYSE: NLY) – Technical Snapshots for Investors – Stock Watch (stocksnewstimes.com)
- Stocks Trend Prediction: NIKE, Inc. (NKE), Annaly Capital Management, Inc. (NLY) – Market Movers (financialqz.com)
NLY has been the subject of a number of research analyst reports. Zacks Investment Research raised Annaly Capital Management from a “hold” rating to a “buy” rating and set a $14.00 price target for the company in a research report on Friday, October 6th. ValuEngine downgraded Annaly Capital Management from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 26th. Four analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $12.21.
Shares of Annaly Capital Management (NLY) traded up $0.11 on Friday, hitting $11.19. The company had a trading volume of 7,400,000 shares, compared to its average volume of 8,080,000. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $12,980.00, a P/E ratio of 4.48, a price-to-earnings-growth ratio of 2.07 and a beta of 0.22. Annaly Capital Management has a one year low of $10.09 and a one year high of $12.73.
Annaly Capital Management (NYSE:NLY) last issued its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.30 EPS for the quarter, beating the Zacks’ consensus estimate of $0.29 by $0.01. The company had revenue of $353.61 million during the quarter, compared to the consensus estimate of $361.67 million. Annaly Capital Management had a return on equity of 11.59% and a net margin of 104.56%. Annaly Capital Management’s revenue was up 12.2% on a year-over-year basis. During the same period last year, the business posted $0.29 earnings per share. sell-side analysts anticipate that Annaly Capital Management will post 1.2 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Friday, December 29th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 10.72%. The ex-dividend date is Thursday, December 28th. Annaly Capital Management’s payout ratio is 48.00%.
In other Annaly Capital Management news, Director Donnell Segalas purchased 9,800 shares of the firm’s stock in a transaction that occurred on Friday, November 10th. The stock was bought at an average cost of $11.34 per share, with a total value of $111,132.00. Following the completion of the transaction, the director now owns 102,450 shares of the company’s stock, valued at approximately $1,161,783. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Wellington Denahan bought 125,280 shares of the firm’s stock in a transaction on Thursday, December 7th. The stock was purchased at an average cost of $11.97 per share, with a total value of $1,499,601.60. Following the completion of the transaction, the chairman now directly owns 1,798,414 shares of the company’s stock, valued at $21,527,015.58. The disclosure for this purchase can be found here. Insiders have purchased 460,080 shares of company stock valued at $5,239,984 over the last ninety days. 0.43% of the stock is currently owned by company insiders.
About Annaly Capital Management
Annaly Capital Management, Inc is a mortgage real estate investment trust (REIT). The Company owns a portfolio of real estate related investments. Its investment groups primarily consist of Agency, which invests primarily in various types of Agency mortgage-backed securities and related derivatives to hedge these investments; Residential credit, which invests primarily in non-Agency mortgage-backed assets within securitized products and residential mortgage loan markets; Commercial real estate, which originates and invests in commercial mortgage loans, securities, and other commercial real estate investments, and Middle market, which provides customized debt financing to middle-market businesses.
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