Wall Street analysts predict that Annaly Capital Management (NYSE:NLY) will post earnings per share (EPS) of $0.30 for the current quarter, according to Zacks. Zero analysts have issued estimates for Annaly Capital Management’s earnings. The lowest EPS estimate is $0.29 and the highest is $0.31. Annaly Capital Management reported earnings of $0.31 per share in the same quarter last year, which would indicate a negative year over year growth rate of 3.2%. The company is scheduled to announce its next earnings results on Wednesday, May 2nd.
On average, analysts expect that Annaly Capital Management will report full-year earnings of $1.17 per share for the current financial year, with EPS estimates ranging from $1.07 to $1.24. For the next fiscal year, analysts expect that the company will report earnings of $1.16 per share, with EPS estimates ranging from $1.07 to $1.25. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for Annaly Capital Management.
Annaly Capital Management (NYSE:NLY) last issued its quarterly earnings data on Wednesday, February 14th. The real estate investment trust reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.01. Annaly Capital Management had a net margin of 72.18% and a return on equity of 11.66%. The business had revenue of $426.71 million during the quarter, compared to analysts’ expectations of $370.80 million. During the same period last year, the company posted $0.30 EPS. The business’s revenue was down 31.6% on a year-over-year basis.
A number of equities analysts have commented on the stock. Keefe, Bruyette & Woods reissued a “hold” rating on shares of Annaly Capital Management in a research note on Friday, February 16th. Compass Point raised shares of Annaly Capital Management from a “sell” rating to a “neutral” rating in a research note on Tuesday, February 13th. Bank of America raised shares of Annaly Capital Management from an “underperform” rating to a “neutral” rating in a research note on Thursday, February 1st. Finally, Zacks Investment Research cut shares of Annaly Capital Management from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Four equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $12.63.
Shares of NYSE:NLY opened at $10.48 on Friday. Annaly Capital Management has a 52 week low of $10.00 and a 52 week high of $12.73. The firm has a market capitalization of $12,152.85, a price-to-earnings ratio of 8.59, a price-to-earnings-growth ratio of 7.34 and a beta of 0.02. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.03 and a quick ratio of 0.03.
The company also recently announced a quarterly dividend, which will be paid on Monday, April 30th. Stockholders of record on Thursday, March 29th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, March 28th. This represents a $1.20 annualized dividend and a dividend yield of 11.45%. Annaly Capital Management’s dividend payout ratio (DPR) is presently 98.36%.
In other news, insider Anthony C. Green bought 23,250 shares of the stock in a transaction dated Wednesday, February 21st. The stock was purchased at an average price of $10.42 per share, for a total transaction of $242,265.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.43% of the stock is currently owned by company insiders.
Institutional investors have recently added to or reduced their stakes in the company. Salem Investment Counselors Inc. bought a new stake in shares of Annaly Capital Management in the 3rd quarter worth about $100,000. Barrett Asset Management LLC bought a new stake in shares of Annaly Capital Management in the 4th quarter worth about $107,000. Garrison Bradford & Associates Inc. bought a new stake in shares of Annaly Capital Management in the 4th quarter worth about $125,000. Advisor Partners LLC bought a new stake in shares of Annaly Capital Management in the 4th quarter worth about $122,000. Finally, Yellowstone Partners LLC bought a new stake in shares of Annaly Capital Management in the 3rd quarter worth about $133,000. Hedge funds and other institutional investors own 60.09% of the company’s stock.
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Annaly Capital Management 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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