Analyst Ratings for Annaly Capital Management Inc. (NLY)Updated: 2017-07-29
Annaly Capital Management Inc. (NYSE:NLY) was awarded an average rating of Hold from investment analysts following the stock. Last month, NLY received an average rating of Hold.
Of the 8 analysts covering the stock, 0 gave it a buy rating, 0 issued an overweight rating, 7 gave a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an decrease of 1 in the number of analysts with a negative outlook on the stock.
Many analysts weighed in on price targets for NLY. The highest price target was 12, which equates to a potential upside of 0.59 percent. The most pessimistic price target was 10, implying potential capital losses of -16.18 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 3.45 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.72 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.3 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.43 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
NLY has an estimated earnings growth rate of -54.3 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of NLY is -0.09.
NLY has traded between a high of 12.73 and a low of 9.83 over the past year. Currently the stock is 21.36 percent higher than its low, and 6.28 percent lower than its 52-week high. NLY has a price/earnings ratio of 4.62. Investors typically compare the P/E ratio to a company's peers in the industry. The NLY value stock report compares NLY to some of its peers using value stock charts. The stock has a market capitalization of $12.87 billion. NLY's next earnings release will be on 0000-00-00, which is days away.