Annaly Capital Management Inc (NLY) concluded trading on Thursday at a closing price of $19.62, with 3.74 million shares of worth about $73.36 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -1.36% during that period and on Thursday the price saw a gain of about 1.03%. Currently the company’s common shares owned by public are about 500.08M shares, out of which, 498.18M shares are available for trading.
However, the stock later moved at a day high price of 19.70, or with a gain of 1.03%. Stock saw a price change of 2.78% in past 5 days and over the past one month there was a price change of 3.75%. Year-to-date (YTD), NLY shares are showing a performance of 1.29% which decreased to -2.44% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $14.52 but also hit the highest price of $21.07 during that period. The average intraday trading volume for Annaly Capital Management Inc shares is 4.12 million. The stock is currently trading 4.00% above its 20-day simple moving average (SMA20), while that difference is up 2.06% for SMA50 and it goes to 2.97% higher than SMA200.
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Annaly Capital Management Inc (NYSE: NLY) currently have 500.08M outstanding shares and institutions hold larger chunk of about 54.69% of that.
The stock has a current market capitalization of $9.81B and its 3Y-monthly beta is at 1.59. It has posted earnings per share of -$3.62 in the same period. It has a debt-to-equity ratio of 6.89. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NLY, volatility over the week remained 1.49% while standing at 1.62% over the month.
Analysts are in expectations that Annaly Capital Management Inc (NLY) stock would likely to be making an EPS of $0.65 in the current quarter, while forecast for next quarter EPS is $0.66 and it is $2.71 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.62 which is $0.67 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.81 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -5.96% while it is estimated to increase by 0.68% in next year. EPS is likely to grow at an annualized rate of -4.98% for next 5-years, compared to annual growth of -70.88% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on December 06, 2023 offering a Neutral rating for the stock and assigned a target price of $19 to it. Coverage by UBS stated Annaly Capital Management Inc (NLY) stock as a Buy in their note to investors on September 18, 2023, suggesting a price target of $24 for the stock. Stock get an Overweight rating from Barclays on October 27, 2022.
