Equities research analysts expect ANNALY CAP MGMT/SH (NYSE:NLY) to announce earnings of $0.29 per share for the current fiscal quarter, Zacks reports. Zero analysts have made estimates for ANNALY CAP MGMT/SH’s earnings. ANNALY CAP MGMT/SH posted earnings per share of $0.30 in the same quarter last year, which indicates a negative year-over-year growth rate of 3.3%. The business is expected to announce its next quarterly earnings report after the market closes on Wednesday, May 1st.
On average, analysts expect that ANNALY CAP MGMT/SH will report full-year earnings of $1.17 per share for the current year, with EPS estimates ranging from $1.16 to $1.18. For the next financial year, analysts forecast that the business will report earnings of $1.18 per share, with EPS estimates ranging from $1.15 to $1.20. Zacks’ earnings per share averages are an average based on a survey of research firms that follow ANNALY CAP MGMT/SH.
ANNALY CAP MGMT/SH (NYSE:NLY) last issued its earnings results on Wednesday, February 13th. The real estate investment trust reported $0.29 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.01. ANNALY CAP MGMT/SH had a return on equity of 12.39% and a net margin of 1.98%. The firm had revenue of $272.90 million for the quarter, compared to analyst estimates of $383.65 million. During the same period last year, the company earned $0.31 earnings per share.
Several large investors have recently added to or reduced their stakes in NLY. Bank of New York Mellon Corp grew its stake in shares of ANNALY CAP MGMT/SH by 5.1% in the third quarter. Bank of New York Mellon Corp now owns 5,012,310 shares of the real estate investment trust’s stock worth $51,276,000 after purchasing an additional 242,208 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of ANNALY CAP MGMT/SH by 20.8% in the third quarter. Franklin Resources Inc. now owns 315,206 shares of the real estate investment trust’s stock worth $3,225,000 after purchasing an additional 54,204 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in shares of ANNALY CAP MGMT/SH in the third quarter worth $497,000. LPL Financial LLC grew its stake in shares of ANNALY CAP MGMT/SH by 26.2% in the third quarter. LPL Financial LLC now owns 871,991 shares of the real estate investment trust’s stock worth $8,920,000 after purchasing an additional 180,820 shares in the last quarter. Finally, Verition Fund Management LLC grew its stake in shares of ANNALY CAP MGMT/SH by 149.3% in the third quarter. Verition Fund Management LLC now owns 111,599 shares of the real estate investment trust’s stock worth $1,142,000 after purchasing an additional 66,843 shares in the last quarter. 53.80% of the stock is owned by institutional investors.
NYSE NLY traded up $0.01 during trading hours on Tuesday, hitting $9.99. The company had a trading volume of 13,083,679 shares, compared to its average volume of 13,840,712. ANNALY CAP MGMT/SH has a fifty-two week low of $9.57 and a fifty-two week high of $10.78. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.08 and a quick ratio of 0.08. The firm has a market capitalization of $13.99 billion, a PE ratio of 8.33 and a beta of 0.24.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Friday, March 29th will be paid a $0.30 dividend. The ex-dividend date is Thursday, March 28th. This represents a $1.20 annualized dividend and a dividend yield of 12.01%. ANNALY CAP MGMT/SH’s payout ratio is 100.00%.
About ANNALY CAP MGMT/SH
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.
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