Annaly Capital Management Incs in-depth stock price analysis indicates that the stock price has rallied 5.2% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -2.41% . Looking at the past 52 week period, the stock price is up at 8.12% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Annaly Capital Management Inc has a negative value of -2.83 compared to overall market performance. Annaly Capital Management Inc (NYSE:NLY) has climbed 2.04% in the past week and advanced 3.65% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.21% and the outperformance has advanced to 1.79% for the last 4 weeks period.
Annaly Capital Management Inc (NYSE:NLY) : On Friday heightened volatility was witnessed in Annaly Capital Management Inc (NYSE:NLY) which led to swings in the share price. The stock opened for trading at $10.5 and hit $10.56 on the upside , eventually ending the session at $10.52, with a gain of 0.57% or 0.06 points. The heightened volatility saw the trading volume jump to 3,654,301 shares. The 52-week high of the share price is $11.29 and the company has a market cap of $10,719 million. The 52-week low of the share price is at $9.52 .
Annaly Capital Management Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.29 EPS for the quarter. Analyst had a consensus estimate of $0.29.Analysts expectations of $ 394.14.During the same quarter in the previous year, the company posted $0.21 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Annaly Capital Management was Downgraded by FBR & Co. on Dec 20, 2016 to Mkt Perform, Lowers Price Target to $ 10 from a previous price target of $12 .Annaly Capital Management was Downgraded by BofA/Merrill to Underperform on Dec 15, 2016.
Company has reported several Insider transactions to the SEC, on Nov 10, 2016, Timothy P Coffey (Chief Credit Officer) purchased 30,000 shares at 10.15 per share price.On Nov 7, 2016, David L Finkelstein (Chief Investment Officer) purchased 100,000 shares at 10.30 per share price.On Aug 24, 2015, Wellington Denahan (CEO) purchased 100,000 shares at 10.33 per share price.
Annaly Capital Management, Inc. owns, manages, and finances a portfolio of real estate related investment securities, including mortgage pass-through certificates, collateralized mortgage obligations (or CMOs) and agency callable debentures. Annaly also manages other securities representing interests in or obligations backed by pools of mortgage loans. The Company wholly-owned subsidiaries offer diversified real estate, asset management and other financial services. Annalys principal business objective is to generate net income for distribution to investors from its Investment Securities and from dividends it receives from its subsidiaries. Annaly is a Maryland corporation that has elected to be taxed as a real estate investment trust (REIT).