Press coverage about Annaly Capital Management (NYSE:NLY) has been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Annaly Capital Management earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned press coverage about the real estate investment trust an impact score of 46.3672562782346 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- Annaly Capital Management (NLY) Upgraded by Bank of America to Neutral (americanbankingnews.com)
- Heading Towards a Potential Reversal? Annaly Capital Management, Inc. (NLY), FirstEnergy Corp. (FE) – Market Movers (financialqz.com)
- Guide to Day Traders – Annaly Capital Management Inc (NYSE: NLY) – Alpha Beta Stock (alphabetastock.com)
- Annaly Capital Management, Inc. Announces Dates of Fourth Quarter 2017 Financial Results and Conference Call – Business Wire (press release) (businesswire.com)
NLY has been the subject of a number of research analyst reports. Zacks Investment Research upgraded shares of Annaly Capital Management from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a report on Friday, October 6th. ValuEngine downgraded shares of Annaly Capital Management from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 26th. Finally, Bank of America upgraded shares of Annaly Capital Management from an “underperform” rating to a “neutral” rating in a report on Thursday. Five investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $12.21.
Annaly Capital Management (NYSE:NLY) last issued its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.01. The firm had revenue of $353.61 million during the quarter, compared to analyst estimates of $361.67 million. Annaly Capital Management had a net margin of 104.56% and a return on equity of 11.59%. The company’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the business earned $0.29 earnings per share. sell-side analysts expect that Annaly Capital Management will post 1.2 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 31st. Shareholders of record on Friday, December 29th were given a dividend of $0.30 per share. The ex-dividend date was Thursday, December 28th. This represents a $1.20 dividend on an annualized basis and a yield of 11.43%. Annaly Capital Management’s dividend payout ratio is presently 48.00%.
In other Annaly Capital Management news, CEO Kevin Keyes bought 300,000 shares of the business’s stock in a transaction on Monday, November 6th. The stock was purchased at an average price of $11.12 per share, for a total transaction of $3,336,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Donnell Segalas bought 9,800 shares of the business’s stock in a transaction on Friday, November 10th. The shares were acquired at an average price of $11.34 per share, with a total value of $111,132.00. Following the transaction, the director now directly owns 102,450 shares of the company’s stock, valued at $1,161,783. The disclosure for this purchase can be found here. Insiders have acquired 460,080 shares of company stock valued at $5,239,984 in the last quarter. Company insiders own 0.43% of the company’s stock.
About Annaly Capital Management
Annaly Capital Management, Inc is a mortgage real estate investment trust (REIT). The Company owns a portfolio of real estate related investments. Its investment groups primarily consist of Agency, which invests primarily in various types of Agency mortgage-backed securities and related derivatives to hedge these investments; Residential credit, which invests primarily in non-Agency mortgage-backed assets within securitized products and residential mortgage loan markets; Commercial real estate, which originates and invests in commercial mortgage loans, securities, and other commercial real estate investments, and Middle market, which provides customized debt financing to middle-market businesses.
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