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The Futility of Annaly Capital Management Inc. (NYSE:NLY)’s Fundamentals

Annaly Capital Management Inc. (NYSE:NLY) shares traded higher over the last trading session, gaining 0.22% on 05/24/21. The shares fell to a low of $9.20 before closing at $9.26. Intraday shares traded counted 15.37 million, which was -12.85% lower than its 30-day average trading volume of 13.62M. NLY’s previous close was $9.24 while the outstanding shares total 1.40B. The firm has a beta of 1.29, a 12-month trailing P/E ratio of 2.98. The stock’s Relative Strength Index (RSI) is 61.03, with weekly volatility at 1.24% and ATR at 0.14. The NLY stock’s 52-week price range has touched low of $6.12 and a $9.32 high.

Investors have identified the REIT – Mortgage company Annaly Capital Management Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $12.94 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Potential earnings growth for Annaly Capital Management Inc. (NLY)

In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/04/2021 quarter of the year, Annaly Capital Management Inc. recorded a total of 763.38 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 27.29% coming in sequential stages and their sales for the 08/04/2021 quarter increasing by 30.92%.

What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 75.97 million trying to sell their products during the last quarter, with the result yielding a gross income of 687.4 million. This allows shareholders to hold on to 1.40B with the recently reported earning now reading 1.23 cents per share. This is a figure that compared to analyst’s prediction for their 08/04/2021 (0.29 cents a share).

Having a look at the company’s valuation, the company is expected to record 1.04 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on NLY sounds very interesting.

Is the stock of NLY attractive?

In related news, Director, Hamilton Thomas Edward sold 80,000 shares of the company’s stock in a transaction that recorded on May 03. The sale was performed at an average price of 9.18, for a total value of 734,432. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%.

9 out of 14 analysts covering the stock have rated it a Buy, while 5 have maintained a Hold recommendation on Annaly Capital Management Inc.. 0 analysts has assigned a Sell rating on the NLY stock. The 12-month mean consensus price target for the company’s shares has been set at $9.28.

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