Annaly Capital Management (NLY) Scheduled to Post Earnings on Wednesday

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%.

In other Annaly Capital Management news, Director Donnell Segalas purchased 9,800 shares of the business’s stock in a transaction on Friday, November 10th. The shares were bought at an average cost of $11.34 per share, for a total transaction of $111,132.00. Following the completion of the purchase, the director now directly owns 102,450 shares in the company, valued at $1,161,783. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Wellington Denahan purchased 125,280 shares of the business’s stock in a transaction on Thursday, December 7th. The stock was acquired at an average price of $11.97 per share, for a total transaction of $1,499,601.60. Following the completion of the purchase, the chairman now 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. Over the last 90 days, insiders acquired 160,080 shares of company stock worth $1,903,984. 0.43% of the stock is owned by insiders.

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.

Earnings History for Annaly Capital Management (NYSE:NLY)

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