Annaly Capital Management, Inc. (NYSE:NLY) registered a 0.00% increase, still its new closing price is 26.06% up from the company’s 1 year high of 10.69.It posted 0.79% gains in previous 5 sessions and is now the subject of 7 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 0 buy or better ratings. The 9 stock analysts following this company have an average price target at $10.40, with individual PT in the $9.00-$11.00 range. The shares moved at $10.24, implying that brokerage firms see shares gaining about 24.15% in twelve months time.
Annaly Capital Management, Inc. (NLY) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a 2.71% rise year to date. A Chief Credit Officer at Annaly Capital Management, Inc. (NLY) acquired shares in a transaction closed on Wednesday November 09, 2016. Coffey Timothy P bought 30,000 shares in the company at $10.15 each and collected $304,001 in proceeds. Coffey Timothy P now owns 38,000 shares in the company after this transaction. A Chief Investment Officer in the company, Finkelstein David L, disclosed a transaction on Friday November 04, 2016 that ended up paying $1,030,000 from the purchase of 100,000 shares at $10.3 per share.
Annaly Capital Management, Inc. (NYSE:NLY) Upcoming Results on Tap
Annaly Capital Management, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.28 in that period. Sales during the quarter are predicted to arrive at $536.17 million.
Earnings surprise history: Last quarter, the company posted approximately $558.67 million in revenue and EPS of $0.29. The mean forecast was for $545.99 million and $0.29 a share, respectively. One quarter earlier, revenue for the stock was at $173.6 million, with earnings at $0.29/share.
Annaly Capital Management, Inc. (NLY) Brokerage Update
Annaly Capital Management, Inc. (NLY) is in FBR & Co.’s research list so their analyst rating change is noteworthy. These shares were downgraded to Mkt Perform from Outperform by FBR & Co., according to news reported on Tuesday December 20, 2016.Another important research note was issued by BofA/Merrill on Thursday December 15, 2016.The firm downgraded NLY to Underperform from Neutral. Over the last six months and over the last three months, the shares of Annaly Capital Management, Inc. (NLY), have changed -1.53% and 1.34%, respectively.