Watching Annaly Capital Management Inc. (NLY) For Insider Activity

Annaly Capital Management Inc. (NYSE:NLY) finished Tuesday with an addition of $0.06 to close at $8.56, an upside of 0.71 percent. An average of 18,024,520 shares of common stock have been traded in the last five days. There was a fall of -$0.25 in the past week. The last 20 days have seen an average of 16,963,234 shares traded, while the 50-day average volume stands at 14,583,446.

NLY stock has decreased by -0.93% in the last month. The company shares reached their 1-month lowest point of $8.38 on 10/01/21. With the stock rallying to its 52-week high on 06/09/21, shares of the company touched a low of $6.92 and a high of $9.64 in 52 weeks. In spite of this, the price is down -11.20% from the 52-week high.


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Insider Transactions

156 days have passed since Annaly Capital Management Inc. (NLY) last reported insider trading activity. Hamilton Thomas Edward, who is Director, most recently acquired $80,000 shares at $9.18 per share on May 03.

Valuation Metrics

Annaly Capital Management Inc. (NLY) has a trailing price-to-earnings (P/E) ratio of 3.73, which compares with the 21.25 for the broader industry and 37.17 for the sector. This means investors are optimistic about the stock’s future prospects. In the last five years, Annaly Capital Management Inc.’s PE ratio has ranged between 95.27 and 2.765. The stock’s beta is 1.28. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.09, the price-to-book (PB) ratio at 1.00, and the price-to-cash flow ratio at 5.60.

Annaly Capital Management Inc. will next go ex-dividend on 30-Dec. The next dividend payment Annaly Capital Management Inc. will make is expected to be $0.22.

Further, the company has a long term debt to equity ratio of 0.35 and a total debt to equity ratio of 5.33 for the quarter ending June 29. Its gross profit as reported stood at $1.33 billion compared to revenue of $2.23 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Annaly Capital Management Inc.’s return on assets was 3.70%, compared to 0.0% over the last five years. Meanwhile, the return on equity (ROE) for the past 12 months has been 26.20% and the 5-year average holds at -0.4%. For the broader industry, ROE averaged 7.37 over the past year.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Annaly Capital Management Inc. (NLY) price momentum. RSI 9-day as of the close on 05 October was 44.51%, suggesting the stock is Neutral, with historical volatility in this time frame at 20.98%.

As of today, NLY’s price is $8.48 -2.84% or -$0.25 from its 5-day moving average. NLY is currently trading +0.12% higher than its 20-day SMA and -4.78% lower than its 100-day SMA. However, the stock’s current price level is +1.06% above the SMA50 and +1.78% above the SMA200.

The stochastic %K and %D were 22.62% and 21.49%, respectively, and the average true range (ATR) was 0.14. With the 14-day stochastic at 32.14% and the average true range at 0.13, the RSI (14) stands at 45.98%. The stock has reached -0.14 on the 9-day MACD Oscillator while the 14-day reading was at -0.16.

Analyst Ratings

Keefe Bruyette downgraded Annaly Capital Management Inc. (NYSE: NLY) to a a Mkt perform rating in its most recent analyst report. Previously, the stock was rated as a an Outperform.The consensus rating for Annaly Capital Management Inc. (NLY) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell NLY, while 5 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 6 others rate it as a “buy”.

What is NLY’s price target for the next 12 months?

Analysts predict a range of price targets between $8.25 and $9.50, with a median target of $9.00. Taking a look at these predictions, the average price target given by analysts for Annaly Capital Management Inc. (NLY) stock is $8.95.

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