At the time of writing, Annaly Capital Management Inc [NLY] stock is trading at $20.32, up 0.49%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The NLY shares have lost -1.98% over the last week, with a monthly amount glided 1.65%, and 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 June 06, 2024, when Janney initiated its Buy rating and assigned the stock a price target of $21. Previously, Compass Point started tracking the stock with Buy rating on April 02, 2024, and set its price target to $22. UBS upgraded its rating to a Buy and increased its price target to $24 on September 18, 2023. Piper Sandler upgraded its rating to a Overweight and raised its price target to $21.50 on May 02, 2023. Argus downgraded its rating to Hold for this stock on February 21, 2023. In a note dated October 27, 2022, Barclays upgraded an Overweight rating on this stock and boosted its target price from $6 to $19.
For the past year, the stock price of Annaly Capital Management Inc fluctuated 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 $20.32 at the most recent close of the market. An investor can expect a potential return of 29.92% based on the average NLY price forecast.
Analyzing the NLY fundamentals
According to Annaly Capital Management Inc [NYSE:NLY], the company’s sales were 6.00B for trailing twelve months, which represents an 35.48% jump. Gross Profit Margin for this corporation currently stands at 0.97% with Operating Profit Margin at 0.96%, Pretax Profit Margin comes in at -0.37%, and Net Profit Margin reading is -0.45%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of6.71.
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 20.14 points at the first support level, and at 19.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.44, and for the 2nd resistance point, it is at 20.55.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.69, the price to book ratio is 1.03.
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.
