A share price of Annaly Capital Management Inc [NLY] is currently trading at $18.97, up 1.23%. An important factor to consider is whether the stock is rising or falling in short-term value. The NLY shares have gain 2.10% over the last week, with a monthly amount drifted -1.71%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Annaly Capital Management Inc [NYSE: NLY] stock has seen the most recent analyst activity on April 02, 2024, when Compass Point initiated its Buy rating and assigned the stock a price target of $22. On September 18, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $24 on the stock. Piper Sandler upgraded its rating to a Overweight and increased its price target to $21.50 on May 02, 2023. Argus downgraded its rating to a Hold. Barclays upgraded its rating to Overweight for this stock on October 27, 2022, and upped its price target to $19. In a note dated June 09, 2022, Keefe Bruyette upgraded an Outperform rating on this stock and boosted its target price from $6.25 to $6.75.
Annaly Capital Management Inc experienced fluctuations in its stock price throughout the past year between $14.52 and $21.07. Currently, Wall Street analysts expect the stock to reach $26.4 within the next 12 months. Annaly Capital Management Inc [NYSE: NLY] shares were valued at $18.97 at the most recent close of the market. An investor can expect a potential return of 39.17% based on the average NLY price forecast.
Analyzing the NLY fundamentals
Trailing Twelve Months sales for Annaly Capital Management Inc [NYSE:NLY] were 6.11B which represents 44.96% growth. Gross Profit Margin for this corporation currently stands at 0.97% with Operating Profit Margin at 0.85%, Pretax Profit Margin comes in at -0.33%, and Net Profit Margin reading is -0.4%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.03 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 6.42.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.71 points at the first support level, and at 18.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.24, and for the 2nd resistance point, it is at 19.51.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.55, the price to book ratio is 0.96.
Transactions by insiders
Recent insider trading involved Finkelstein David L, CEO and CIO, that happened on Feb 12 ’24 when 50000.0 shares were sold. CEO and CIO, Finkelstein David L completed a deal on Nov 06 ’23 to sell 50000.0 shares.
