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Annaly Capital Management (NLY) Flat As Market Sinks: What You Should Know

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In the latest trading session, Annaly Capital Management (NLY - Free Report) closed at $6.17, marking no change from the previous day. This change was narrower than the S&P 500's 0.84% loss on the day. Meanwhile, the Dow lost 0.69%, and the Nasdaq, a tech-heavy index, lost 0.05%.

Coming into today, shares of the real estate investment trust had gained 8.06% in the past month. In that same time, the Finance sector lost 0.44%, while the S&P 500 gained 2.02%.

Annaly Capital Management will be looking to display strength as it nears its next earnings release, which is expected to be July 27, 2022. On that day, Annaly Capital Management is projected to report earnings of $0.25 per share, which would represent a year-over-year decline of 16.67%. Our most recent consensus estimate is calling for quarterly revenue of $322 million, down 0.27% from the year-ago period.

NLY's full-year Zacks Consensus Estimates are calling for earnings of $0.97 per share and revenue of $1.53 billion. These results would represent year-over-year changes of -16.38% and -11.81%, respectively.

Investors might also notice recent changes to analyst estimates for Annaly Capital Management. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.68% lower. Annaly Capital Management is holding a Zacks Rank of #3 (Hold) right now.

Digging into valuation, Annaly Capital Management currently has a Forward P/E ratio of 6.36. This represents a discount compared to its industry's average Forward P/E of 8.42.

It is also worth noting that NLY currently has a PEG ratio of 1.27. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. REIT and Equity Trust stocks are, on average, holding a PEG ratio of 1.52 based on yesterday's closing prices.

The REIT and Equity Trust industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 145, which puts it in the bottom 43% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.


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