Shares of ANNALY CAP MGMT/SH (NYSE:NLY) have earned a consensus rating of “Buy” from the nine analysts that are covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $9.86.

NLY has been the topic of a number of recent research reports. Wells Fargo & Co initiated coverage on shares of ANNALY CAP MGMT/SH in a report on Thursday, December 19th. They set an “equal weight” rating and a $9.00 price target on the stock. Royal Bank of Canada initiated coverage on shares of ANNALY CAP MGMT/SH in a report on Wednesday, October 2nd. They set an “outperform” rating and a $10.00 price target on the stock. Finally, ValuEngine lowered shares of ANNALY CAP MGMT/SH from a “buy” rating to a “hold” rating in a research note on Wednesday, January 8th.

ANNALY CAP MGMT/SH stock opened at $9.62 on Thursday. The company has a market capitalization of $13.73 billion, a P/E ratio of 8.02 and a beta of 0.40. The firm’s fifty day simple moving average is $9.48 and its 200-day simple moving average is $9.10. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.29. ANNALY CAP MGMT/SH has a 1-year low of $8.07 and a 1-year high of $10.51.

ANNALY CAP MGMT/SH (NYSE:NLY) last released its quarterly earnings results on Wednesday, October 30th. The real estate investment trust reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.04). The business had revenue of $152.39 million for the quarter, compared to the consensus estimate of $449.05 million. ANNALY CAP MGMT/SH had a negative net margin of 188.46% and a positive return on equity of 11.66%. During the same quarter in the prior year, the business posted $0.30 EPS. On average, equities research analysts predict that ANNALY CAP MGMT/SH will post 0.99 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, December 31st will be paid a $0.25 dividend. The ex-dividend date is Monday, December 30th. This represents a $1.00 dividend on an annualized basis and a yield of 10.40%. ANNALY CAP MGMT/SH’s payout ratio is presently 100.00%.

In other news, Director John H. Schaefer bought 10,000 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were acquired at an average cost of $9.21 per share, for a total transaction of $92,100.00. Following the purchase, the director now owns 87,494 shares of the company’s stock, valued at approximately $805,819.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.34% of the company’s stock.

A number of large investors have recently bought and sold shares of NLY. Marshall Wace LLP acquired a new stake in ANNALY CAP MGMT/SH in the 1st quarter worth $30,000. Parallel Advisors LLC grew its position in ANNALY CAP MGMT/SH by 135.0% in the 3rd quarter. Parallel Advisors LLC now owns 3,863 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 2,219 shares during the last quarter. CSat Investment Advisory L.P. acquired a new stake in ANNALY CAP MGMT/SH in the 2nd quarter worth $35,000. Whittier Trust Co. acquired a new stake in ANNALY CAP MGMT/SH in the 3rd quarter worth $39,000. Finally, Marshall Wace North America L.P. acquired a new stake in ANNALY CAP MGMT/SH in the 1st quarter worth $40,000. Institutional investors and hedge funds own 53.77% of the company’s stock.

ANNALY CAP MGMT/SH Company Profile

Annaly Capital Management, Inc, a diversified capital manager, invests in and finances residential and commercial assets. The company invests in various types of agency mortgage-backed securities, non-agency residential mortgage assets, and residential mortgage loans; and originates and invests in commercial mortgage loans, securities, and other commercial real estate investments.

Read More: Growth Stocks

Analyst Recommendations for ANNALY CAP MGMT/SH (NYSE:NLY)

Receive News & Ratings for ANNALY CAP MGMT/SH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ANNALY CAP MGMT/SH and related companies with MarketBeat.com's FREE daily email newsletter.