Annaly Capital Management (NYSE:NLY) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, February 14th. Analysts expect Annaly Capital Management to post earnings of $0.30 per share for the quarter.
Shares of Annaly Capital Management (NYSE NLY) opened at $10.32 on Wednesday. The stock has a market capitalization of $11,970.00, a price-to-earnings ratio of 4.13, a PEG ratio of 1.92 and a beta of 0.05. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.27. Annaly Capital Management has a 52 week low of $10.05 and a 52 week high of $12.73.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Friday, December 29th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 11.63%. The ex-dividend date of this dividend was Thursday, December 28th. Annaly Capital Management’s payout ratio is currently 48.00%.
Several analysts have recently issued reports on the company. Zacks Investment Research cut Annaly Capital Management from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. ValuEngine cut Annaly Capital Management from a “strong-buy” rating to a “buy” rating in a research note on Thursday, October 26th. Finally, Bank of America upgraded Annaly Capital Management from an “underperform” rating to a “neutral” rating in a research note on Thursday, February 1st. Five investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Annaly Capital Management presently has a consensus rating of “Buy” and a consensus price target of $12.21.
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Annaly Capital Management Company Profile
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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