Keefe Bruyette raised the price target for the Annaly Capital Management Inc. (NYSE:NLY) stock from “a Mkt perform” to “an Outperform”. The rating was released on December 18, 2020. We previously noted in another research note published on December 14, 2020 by Jefferies that initiated the stock to a Buy for NLY stock. The research report from Argus has initiated the stock to Buy, with a price target set at $9. The stock was initiated by BTIG Research, who disclosed in a research note on November 24, 2020, to Buy. In their research brief published July 24, 2020, Deutsche Bank analysts upgraded the Annaly Capital Management Inc. stock from Hold to Buy.
Historical Earnings Surprises and Revenue Forecasts
Profit is the most critical financial performance measure. Every investor in a business is looking forward to the earnings report as stock price to increase when earnings exceed market expectations and progressively decrease when earnings do not meet expectations. The firm reported an earnings per share (EPS) of $0.3 during the last quarter as opposed to a consensus estimate of $0.29, which indicates the company beat its estimate by $0.01, which implies that the company surprised the market by 3.40%. It appears that the average earnings per share estimate for the current quarter (ending in Mar 2021) is $0.26. This is an average of 12 analysts’ earnings, where the high earnings per share estimate is $0.3 and the low earnings per share estimate is $0.24. According to 5 analyst estimates, an average revenue estimate of $575.4M is projected for the current quarter with a high revenue estimate of $753M and a low estimate of $478M.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of Annaly Capital Management Inc. (NYSE:NLY) dipped -0.79% to close Wednesday’s market session at $8.74, lower as compared to yesterday’s close. The stock price fluctuated between $8.73 and $9.019 throughout the trading session with the volume trading being 20178982 shares, which represented a significant variation when compared to the three months average volume of 15.19 million shares. The firm’s stock price fluctuated -1.35% within the last five trades and 4.80% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 18.43% in the last 6 months and 4.80% was added to its value over the previous 3 months. NLY stock is trading at a margin of 1.75%, 3.38% and 13.65% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, NLY deals in the Real Estate domain. The stock is trading -2.89 percent below its 52-week high and 128.20 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 40.75. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Annaly Capital Management Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $12.06 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. Forward P/E stands at 8.25. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 32.79 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 0.98, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.20 percent of Annaly Capital Management Inc. shares are owned by insiders, and 47.00 percent are held by financial institutions. Hamilton Thomas Edward, the Director at Annaly Capital Management Inc. (NLY) has bought 200,000 shares of firm on May 15 at a price of $5.96 against the total amount of $1.19 million. In another inside trade, Coffey Timothy P, Chief Credit Officer of Annaly Capital Management Inc. (NYSE:NLY) bought 50,000 shares of the firm on May 12 for a total worth of $0.3 million at a price of $6.00. An inside trade which took place on May 12, Chief Corporate Officer, CLO of Annaly Capital Management Inc. Green Anthony C bought 12,500 shares of firm against total price of $73999.0 at the cost of $5.92 per share.
How Annaly Capital Management Inc. (NLY) Stock Is Sustainable?
To Conclude, the score of Environmental, Social and Governance (ESG) has been traditionally used by investors to measure the actions of corporations and to make their future financial predictions. According to the ESG rating scale, there are five hazard levels in the scale: marginal, weak, moderate, high, and extreme. The next generation ESG score is a scale from 0 to 100 where 100 represents the most extreme situation. The score was designed to assist investors at safety and investment level in identifying and recognizing financially relevant ESG threats. A current assessment of the Annaly Capital Management Inc.’s sustainability factors indicates that it scores at 11 or 11th percentile overall, with an Environment Score of 6.2 or 6.2 percentile, a Social Score of 3.3 or 3.3 percentile, and a Governance Score of 6.8 or 6.8 percentile.