Wall Street brokerages expect ANNALY CAP MGMT/SH (NYSE:NLY) to announce earnings per share of $0.29 for the current quarter, according to Zacks. Zero analysts have made estimates for ANNALY CAP MGMT/SH’s earnings. ANNALY CAP MGMT/SH reported earnings per share of $0.30 during the same quarter last year, which would suggest a negative year over year growth rate of 3.3%. The business is expected to issue its next quarterly earnings results on Wednesday, May 1st.

On average, analysts expect that ANNALY CAP MGMT/SH will report full-year earnings of $1.17 per share for the current financial year, with EPS estimates ranging from $1.16 to $1.18. For the next year, analysts expect that the business will report earnings of $1.18 per share, with EPS estimates ranging from $1.15 to $1.20. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover ANNALY CAP MGMT/SH.

ANNALY CAP MGMT/SH (NYSE:NLY) last released its quarterly earnings data on Wednesday, February 13th. The real estate investment trust reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.01. ANNALY CAP MGMT/SH had a net margin of 1.98% and a return on equity of 12.39%. The firm had revenue of $272.90 million during the quarter, compared to analysts’ expectations of $383.65 million. During the same period in the previous year, the company earned $0.31 earnings per share.

Several research analysts have recently weighed in on NLY shares. Keefe, Bruyette & Woods raised shares of ANNALY CAP MGMT/SH from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from $10.00 to $10.50 in a report on Sunday, January 13th. JPMorgan Chase & Co. raised shares of ANNALY CAP MGMT/SH from a “neutral” rating to an “overweight” rating and upped their target price for the company from $10.00 to $10.50 in a report on Wednesday, January 16th. Zacks Investment Research cut shares of ANNALY CAP MGMT/SH from a “hold” rating to a “sell” rating in a report on Wednesday, January 23rd. Barclays set a $11.00 target price on shares of ANNALY CAP MGMT/SH and gave the company a “buy” rating in a report on Friday, February 15th. Finally, TheStreet cut shares of ANNALY CAP MGMT/SH from a “b-” rating to a “c” rating in a report on Friday, February 15th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $10.83.

A number of hedge funds have recently made changes to their positions in the business. Flagship Harbor Advisors LLC increased its holdings in ANNALY CAP MGMT/SH by 27.7% during the first quarter. Flagship Harbor Advisors LLC now owns 19,269 shares of the real estate investment trust’s stock valued at $192,000 after buying an additional 4,182 shares during the last quarter. Weather Gauge Advisory LLC increased its holdings in ANNALY CAP MGMT/SH by 2.6% during the first quarter. Weather Gauge Advisory LLC now owns 46,058 shares of the real estate investment trust’s stock valued at $460,000 after buying an additional 1,157 shares during the last quarter. Raymond James Trust N.A. increased its holdings in ANNALY CAP MGMT/SH by 14.2% during the first quarter. Raymond James Trust N.A. now owns 13,242 shares of the real estate investment trust’s stock valued at $132,000 after buying an additional 1,642 shares during the last quarter. Virtu Financial LLC increased its holdings in ANNALY CAP MGMT/SH by 75.1% during the first quarter. Virtu Financial LLC now owns 166,361 shares of the real estate investment trust’s stock valued at $1,662,000 after buying an additional 71,378 shares during the last quarter. Finally, First Manhattan Co. increased its holdings in ANNALY CAP MGMT/SH by 190.4% during the first quarter. First Manhattan Co. now owns 7,260 shares of the real estate investment trust’s stock valued at $72,000 after buying an additional 4,760 shares during the last quarter. 53.78% of the stock is owned by institutional investors and hedge funds.

NLY opened at $10.02 on Tuesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.08 and a quick ratio of 0.08. ANNALY CAP MGMT/SH has a twelve month low of $9.57 and a twelve month high of $10.78. The company has a market cap of $14.04 billion, a PE ratio of 8.35 and a beta of 0.24.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Friday, March 29th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, March 28th. This represents a $1.20 dividend on an annualized basis and a yield of 11.98%. ANNALY CAP MGMT/SH’s dividend payout ratio is currently 100.00%.

ANNALY CAP MGMT/SH Company Profile

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.

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