Annaly Capital Management Inc (NYSE:NLY) – Analysts at FBR & Co issued their Q1 2018 earnings estimates for Annaly Capital Management in a research report issued to clients and investors on Thursday. FBR & Co analyst J. Levi-Ribner expects that the brokerage will post earnings per share of $0.30 for the quarter. FBR & Co has a “Market Perform” rating and a $10.00 price target on the stock. FBR & Co also issued estimates for Annaly Capital Management’s Q2 2018 earnings at $0.27 EPS, Q3 2018 earnings at $0.26 EPS, Q4 2018 earnings at $0.29 EPS and FY2018 earnings at $1.12 EPS.

Several other equities analysts also recently weighed in on the company. Zacks Investment Research raised Annaly Capital Management from a “hold” rating to a “strong-buy” rating and set a $12.00 target price for the company in a research report on Tuesday, January 31st. Bank of America Corporation downgraded Annaly Capital Management from a “neutral” rating to an “underperform” rating in a research report on Thursday, December 15th. Credit Suisse Group set a $12.00 target price on Annaly Capital Management and gave the company a “hold” rating in a research report on Friday, November 11th. Finally, Nomura reaffirmed a “buy” rating on shares of Annaly Capital Management in a research report on Thursday. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $11.13.

Earnings History and Estimates for Annaly Capital Management (NYSE:NLY)

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Annaly Capital Management (NYSE:NLY) traded up 0.139% during trading on Friday, reaching $10.815. 4,868,499 shares of the company’s stock were exchanged. The stock has a 50-day moving average of $10.28 and a 200-day moving average of $10.41. Annaly Capital Management has a 52 week low of $9.83 and a 52 week high of $11.29. The stock has a market capitalization of $11.02 billion, a PE ratio of 58.145 and a beta of 0.19.

Annaly Capital Management (NYSE:NLY) last announced its quarterly earnings data on Wednesday, February 15th. The company reported $0.30 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.29 by $0.01. Annaly Capital Management had a net margin of 15.41% and a return on equity of 10.78%. During the same period last year, the company posted $0.33 earnings per share.

Several institutional investors have recently made changes to their positions in NLY. Balentine LLC bought a new position in shares of Annaly Capital Management during the second quarter worth approximately $105,000. Krasney Financial LLC bought a new position in shares of Annaly Capital Management during the third quarter worth approximately $108,000. Garrison Bradford & Associates Inc. bought a new position in shares of Annaly Capital Management during the second quarter worth approximately $116,000. Ffcm LLC bought a new position in shares of Annaly Capital Management during the fourth quarter worth approximately $107,000. Finally, Brown Advisory Securities LLC bought a new position in shares of Annaly Capital Management during the third quarter worth approximately $116,000. 53.74% of the stock is owned by institutional investors and hedge funds.

“Annaly Capital Management Inc Expected to Earn Q1 2018 Earnings of $0.30 Per Share (NLY)” was originally posted by American Banking News and is the sole property of of American Banking News. If you are accessing this article on another publication, it was illegally stolen and republished in violation of U.S. and international copyright & trademark laws. The original version of this article can be viewed at https://www.americanbankingnews.com/2017/02/17/annaly-capital-management-inc-expected-to-earn-q1-2018-earnings-of-0-30-per-share-nly.html.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 31st. Stockholders of record on Friday, December 30th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, December 28th. This is an increase from Annaly Capital Management’s previous quarterly dividend of $0.26. This represents a $1.20 dividend on an annualized basis and a dividend yield of 11.11%. Annaly Capital Management’s payout ratio is currently 1,090.91%.

Annaly Capital Management Company Profile

Annaly Capital Management, Inc (Annaly) is a mortgage real estate investment trust (REIT). The Company’s principal business objectives are to generate net income for distribution to its stockholders from its investments and capital preservation. Its portfolio also includes residential credit investments, such as credit risk transfer securities and non-agency mortgage-backed securities.

5 Day Chart for NYSE:NLY

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