Annaly Capital Management Stock Rating Lowered by Compass Point (NLY)

Share on StockTwits

Annaly Capital Management (NYSE:NLY) was downgraded by investment analysts at Compass Point from a “buy” rating to a “neutral” rating in a note issued to investors on Monday, TheFlyOnTheWall.com reports.

A number of other firms have also recently commented on NLY. Analysts at FBR Capital Markets raised their price target on shares of Annaly Capital Management from $11.00 to $11.50 in a research note on Monday, March 10th. They now have a “market perform” rating on the stock. Analysts at Jefferies Group cut their price target on shares of Annaly Capital Management from $12.00 to $11.00 in a research note on Thursday, February 27th. They now have a “hold” rating on the stock. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $12.04.

Shares of Annaly Capital Management (NYSE:NLY) traded up 0.60% on Monday, hitting $11.2475. 3,378,770 shares of the company’s stock traded hands. Annaly Capital Management has a 1-year low of $9.66 and a 1-year high of $16.15. The stock’s 50-day moving average is $11.06 and its 200-day moving average is $10.95. The company has a market cap of $10.657 billion and a P/E ratio of 2.99.

Annaly Capital Management (NYSE:NLY) last issued its quarterly earnings data on Tuesday, February 25th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.08. On average, analysts predict that Annaly Capital Management will post $1.19 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Wednesday, April 30th. Stockholders of record on Tuesday, April 1st will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 10.73%. The ex-dividend date is Friday, March 28th.

Annaly Capital Management, Inc (NYSE:NLY) owns, manage, and finance a portfolio of real estate related investments, including mortgage pass-through certificates, collateralized mortgage obligations (CMOs), Agency callable debentures, and other securities representing interests in or obligations backed by pools of mortgage loans.

The Fly On The Wall

Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.

Latest News

Netanyahu Sends Warning to Civilians in Gaza
Netanyahu Sends Warning to Civilians in Gaza
SAGE Therapeutics’ Quiet Period Will End  on August 27th
SAGE Therapeutics’ Quiet Period Will End on August 27th
RBC Capital Receives Consensus Recommendation of “Buy” from Analysts
RBC Capital Receives Consensus Recommendation of “Buy” from Analysts
Lowe's Companies Receives Average Recommendation of “Buy” from Brokerages
Lowe's Companies Receives Average Recommendation of “Buy” from Brokerages
Seattle Genetics Given Consensus Rating of “Hold” by Brokerages
Seattle Genetics Given Consensus Rating of “Hold” by Brokerages
SPX Receives Average Recommendation of “Hold” from Analysts
SPX Receives Average Recommendation of “Hold” from Analysts


Leave a Reply

 
© 2006-2014 Mideast Time.