NLY has 36-month beta value of 1.58. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 4 as “overweight,” 6 as “hold,” and 1 as “sell.”
The public float for NLY is 558.98M, and currently, short sellers hold a 2.18% ratio of that float. The average trading volume of NLY on November 18, 2024 was 5.67M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
NLY) stock’s latest price update
Annaly Capital Management Inc (NYSE: NLY) has experienced a decline in its stock price by -0.29 compared to its previous closing price of 19.69. However, the company has seen a fall of -1.00% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-13 that Annaly is set to benefit from falling Federal Fund rates, improving its net interest spread, and potentially resulting in higher earnings and a safer dividend. NLY is seeing strong interest income and valuation growth with regard to its mortgage-backed securities portfolio. Annaly’s shares are attractively priced at a 13% dividend yield and a price-to-book ratio in-line with historical averages.
NLY’s Market Performance
NLY’s stock has fallen by -1.00% in the past week, with a monthly drop of -3.19% and a quarterly drop of -2.57%. The volatility ratio for the week is 1.22% while the volatility levels for the last 30 days are 1.78% for Annaly Capital Management Inc The simple moving average for the past 20 days is 1.06% for NLY’s stock, with a 0.14% simple moving average for the past 200 days.
Analysts’ Opinion of NLY
Many brokerage firms have already submitted their reports for NLY stocks, with Argus repeating the rating for NLY by listing it as a “Buy.” The predicted price for NLY in the upcoming period, according to Argus is $21 based on the research report published on October 31, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see NLY reach a price target of $23, previously predicting the price at $19. The rating they have provided for NLY stocks is “Overweight” according to the report published on September 20th, 2024.
Janney gave a rating of “Buy” to NLY, setting the target price at $21 in the report published on June 06th of the current year.
NLY Trading at -1.15% 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 -7.00% of loss for the given period.
Volatility was left at 1.78%, however, over the last 30 days, the volatility rate increased by 1.22%, as shares sank -1.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.04% lower at present.
During the last 5 trading sessions, NLY fell by -1.13%, which changed the moving average for the period of 200-days by +1.79% in comparison to the 20-day moving average, which settled at $19.43. In addition, Annaly Capital Management Inc saw 1.35% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NLY starting from Finkelstein David L, who sale 50,000 shares at the price of $19.25 back on Oct 28 ’24. After this action, Finkelstein David L now owns 562,469 shares of Annaly Capital Management Inc, valued at $962,500 using the latest closing price.
Finkelstein David L, the CEO and CIO of Annaly Capital Management Inc, sale 50,000 shares at $20.05 during a trade that took place back on Aug 16 ’24, which means that Finkelstein David L is holding 612,469 shares at $1,002,500 based on the most recent closing price.
Stock Fundamentals for NLY
Current profitability levels for the company are sitting at:
- 0.89 for the present operating margin
- 0.72 for the gross margin
The net margin for Annaly Capital Management Inc stands at 0.03. The total capital return value is set at 0.04. Equity return is now at value 1.01, with 0.12 for asset returns.
Based on Annaly Capital Management Inc (NLY), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04. The debt to equity ratio resting at 1.59. The interest coverage ratio of the stock is 0.8.
When we switch over and look at the enterprise to sales, we see a ratio of 7.22. The receivables turnover for the company is 3.82for trailing twelve months and the total asset turnover is 0.04.
Conclusion
To put it simply, Annaly Capital Management Inc (NLY) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
