Annaly Capital Management Inc (NYSE: NLY) is 18.36% higher on its value in year-to-date trading and has touched a low of $17.67 and a high of $21.88 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NLY stock was last observed hovering at around $21.58 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $21.66, the stock is 3.91% and 9.64% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.42 million and changing 0.37% at the moment leaves the stock 9.21% off its SMA200. NLY registered 15.77% gain for a year compared to 6-month loss of 8.95%.
The stock witnessed a 11.19% gain in the last 1 month and extending the period to 3 months gives it a 11.25%, and is 1.17% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.33% over the week and 1.50% over the month.
Annaly Capital Management Inc (NLY) has around 191 employees, a market worth around $12.53B and $6.36B in sales. Current P/E ratio is 13.70 and Fwd P/E is 7.60. Profit margin for the company is 13.33%. Distance from 52-week low is 22.59% and -1.01% from its 52-week high. The company has generated returns on investments over the last 12 months (2.53%).
The EPS is expected to grow by 4.22% this year.
Annaly Capital Management Inc (NLY) Top Institutional Holders
The shares outstanding are 578.36M, and float is at 576.80M with Short Float at 2.89%.
The top institutional shareholder in the company is BLACKROCK INC. with over 55.64 million shares valued at $1.06 billion. The investor’s holdings represent 11.1152% of the NLY Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 48.97 million shares valued at $933.28 million to account for 9.7811 of the shares outstanding. The other top investors are STATE STREET CORP which holds 17.18 million shares representing 3.4311% and valued at over $338.43 million, while ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC holds 3.3233 of the shares totaling 16.65 million with a market value of $317.31 million.
Annaly Capital Management Inc (NLY) Insider Activity
The most recent transaction is an insider sale by Finkelstein David L, the company’s CEO and Co-CIO. SEC filings show that Finkelstein David L sold 50,000 shares of the company’s common stock on Feb 10 ’25 at a price of $20.60 per share for a total of $1.03 million. Following the sale, the insider now owns 0.68 million shares.
Still, SEC filings show that on Oct 28 ’24, Finkelstein David L (CEO and CIO) disposed off 50,000 shares at an average price of $19.25 for $0.96 million. The insider now directly holds 562,469 shares of Annaly Capital Management Inc (NLY).
