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Annaly Capital Management (NLY) Outpaces Stock Market Gains: What You Should Know

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Annaly Capital Management (NLY - Free Report) closed the most recent trading day at $9.82, moving +0.92% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.56%. At the same time, the Dow added 0.76%, and the tech-heavy Nasdaq lost 0.38%.

Prior to today's trading, shares of the real estate investment trust had lost 4.14% over the past month. This has lagged the Finance sector's loss of 3.96% and was narrower than the S&P 500's loss of 6.76% in that time.

NLY will be looking to display strength as it nears its next earnings release, which is expected to be February 13, 2019. On that day, NLY is projected to report earnings of $0.30 per share, which would represent a year-over-year decline of 3.23%.

Any recent changes to analyst estimates for NLY should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

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.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.28% lower. NLY is holding a Zacks Rank of #4 (Sell) right now.

Valuation is also important, so investors should note that NLY has a Forward P/E ratio of 8.18 right now. This represents a discount compared to its industry's average Forward P/E of 9.4.

The REIT and Equity Trust industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 58, which puts it in the top 23% 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.

To follow NLY in the coming trading sessions, be sure to utilize Zacks.com.


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