The trading price of Annaly Capital Management Inc (NYSE:NLY) closed higher on Tuesday, April 23, closing at $18.64, 1.69% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $21.07 and a 52-week low of $14.52. Over the past month, the stock has lost -6.61% in value.
Annaly Capital Management Inc, whose market valuation is $9.33 billion at the time of this writing. The dividend yield on the company stock is 13.95%, while its Forward Dividend ratio is 2.60. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0.64 per share this quarter, however they have predicted annual earnings per share of 2.66 for current year and 2.72 for next year.
Analysts have forecast the company to bring in revenue of 1.02B for the current quarter, with the likely lows of 950.8M and highs of 1.06B. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 4.13B.
On the technical side, indicators suggest NLY has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a Hold, while an average of long term indicators suggests that the stock is currently Hold.
A quick review shows that NLY’s price is currently -1.37% off the SMA20 and -2.36% off the SMA50. The RSI metric on the 14-day chart is currently showing 46.80, and weekly volatility stands at 1.73%. When measured over the past 30 days, the indicator reaches 1.86%. Annaly Capital Management Inc (NYSE:NLY)’s beta value is currently sitting at 1.59, while the Average True Range indicator is currently displaying 0.37.
To see how Annaly Capital Management Inc stock has been performing in comparison to its peers in the industry, here are the numbers: NLY stock’s performance was 1.69% in the latest trading, and -3.67% in the past year.
An evaluation of the daily trading volume of Annaly Capital Management Inc (NYSE:NLY) indicates that the 3-month average is 3.57 million.
Currently, records show that 500.08 million of the company’s shares remain outstanding. The insiders hold 0.38% of outstanding shares, whereas institutions hold 54.61%. However, since the stock’s price has seen -3.77% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
