In the past week, NLY stock has gone up by 3.64%, with a monthly gain of 9.56% and a quarterly surge of 1.53%. The volatility ratio for the week is 1.49%, and the volatility levels for the last 30 days are 1.63% for Annaly Capital Management Inc. The simple moving average for the past 20 days is 4.78% for NLY’s stock, with a 2.81% simple moving average for the past 200 days.
Is It Worth Investing in Annaly Capital Management Inc. (NYSE: NLY) Right Now?
, and the 36-month beta value for NLY is at 1.42. Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 0 rating it as “overweight,” 6 as “hold,” and 0 as “sell.”
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The average price suggested by analysts for NLY is $21.94, which is $0.65 above the current market price. The public float for NLY is 492.73M, and currently, shorts hold a 3.00% of that float. The average trading volume for NLY on September 18, 2023 was 3.69M shares.
NLY) stock’s latest price update
The stock price of Annaly Capital Management Inc. (NYSE: NLY) has surged by 1.63 when compared to previous closing price of 20.57, but the company has seen a 3.64% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-09-18 that Annaly (NLY) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
NLY Trading at 4.84% from the 50-Day Moving Average
After a stumble in the market that brought NLY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.71% of loss for the given period.
Volatility was left at 1.63%, however, over the last 30 days, the volatility rate increased by 1.49%, as shares surge +9.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.48% upper at present.
During the last 5 trading sessions, NLY rose by +3.42%, which changed the moving average for the period of 200-days by -1.65% in comparison to the 20-day moving average, which settled at $20.04. In addition, Annaly Capital Management Inc. saw -0.83% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for NLY
Current profitability levels for the company are sitting at:
- +75.23 for the present operating margin
- +99.51 for the gross margin
The net margin for Annaly Capital Management Inc. stands at +41.57. The total capital return value is set at 4.03, while invested capital returns managed to touch 8.55. Equity return is now at value -19.90, with -2.30 for asset returns.
Based on Annaly Capital Management Inc. (NLY), the company’s capital structure generated 606.18 points at debt to equity in total, while total debt to capital is 85.84. Total debt to assets is 83.47, with long-term debt to equity ratio resting at 90.43. Finally, the long-term debt to capital ratio is 11.06.
When we switch over and look at the enterprise to sales, we see a ratio of 14.27, with the company’s debt to enterprise value settled at 0.89. The receivables turnover for the company is 5.72 and the total asset turnover is 0.05.
Conclusion
In conclusion, Annaly Capital Management Inc. (NLY) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
