What does NLY Company do?

What does NLY Company do?

Annaly Capital Management Inc (NYSE:NLY)

engages in the investment and financing of residential and commercial assets. It operates through the following investment groups: Agency, Residential Credit, Commercial Credit and Middle Market Lending. The Agency group invests in agency mortgage-backed securities.

Similarly, Is NLY a good dividend stock?

NLY, NRZ, LUMN, OMF, and TFSL are top by forward dividend yield.

Who owns nly stock? Institutional investors control 38.26% of the outstanding shares in NLY.

Top 10 Owners of Annaly Capital Management Inc.

Stockholder The Vanguard Group, Inc.
Stake 8.61%
Shares owned 125,700,386
Total value ($) 874,874,687

Thereof, What sector is nly in?

Key Data

Label Value
Exchange NYSE
Sector Consumer Services
Industry Real Estate Investment Trusts
1 Year Target $8.25

Is nly a REIT?

Better Buy: AGNC Investment vs. Annaly Capital. The current environment has been downright awful for mortgage real estate investment trusts (REITs). The two biggest mortgage REITs are Annaly Capital (NYSE: NLY) and AGNC Investment (NASDAQ: AGNC).

Why is NLY dropping?

NLY Stock Price

Annaly Capital Management has seen its shares drop by around 50% over the last decade, due to a combination of declining book value on a per-share basis, while its valuation also compressed to some degree.

Is EPD a buy?

Taking into account its current price per share of $24, its lower-than-usual market cap of almost $53 billion, and its promising earnings forecasts, EPD is currently undervalued.

Is NLY a stock or etf?

Annaly Capital Management is a real estate investment trust . Co. is externally managed by Annaly Management Company LLC.

ETF NLY
Market Cap. 10.31B
Div/Shr 0.22
Div Yield 12.46
PE Ratio 3.68

Who owns Annaly Capital Management?

Annaly Capital Management is not owned by hedge funds. The company’s largest shareholder is The Vanguard Group, Inc., with ownership of 8.8%. BlackRock, Inc. is the second largest shareholder owning 7.1% of common stock, and State Street Global Advisors, Inc. holds about 2.1% of the company stock.

Is nly a stock or ETF?

Annaly Capital Management is a real estate investment trust . Co. is externally managed by Annaly Management Company LLC.

ETF NLY
Market Cap. 10.31B
Div/Shr 0.22
Div Yield 12.46
PE Ratio 3.68

What does NLY invest in?

Annaly Residential Credit Group invests in non-agency residential mortgage assets within securitized product and whole loan markets.

What is the next ex dividend date for nly stock?

(NYSE: NLY) (« Annaly » or the « Company ») declared the first quarter 2022 common stock cash dividend of $0.22 per common share. This dividend is payable April 29, 2022, to common shareholders of record on March 31, 2022. The ex-dividend date is March 30, 2022.

Is NLY stock a good buy 2021?

NLY is currently trading at a good value due to investors paying less than what the stock is worth in relation to its earnings. NLY’s trailing-12-month earnings per share (EPS) of 1.93 does justify its share price in the market.

Is NLY a stock or ETF?

Annaly Capital Management is a real estate investment trust . Co. is externally managed by Annaly Management Company LLC.

ETF NLY
Market Cap. 10.31B
Div/Shr 0.22
Div Yield 12.46
PE Ratio 3.68

Is NLY a good stock to own?

NLY is currently trading at a good value due to investors paying less than what the stock is worth in relation to its earnings. NLY’s trailing-12-month earnings per share (EPS) of 1.93 does justify its share price in the market.

What is NLY book value?

Compare NLY With Other Stocks

Annaly Capital Management Inc Price/Book Ratio Historical Data
Date Stock Price Book Value per Share
2017-06-30 7.02 $12.37
2017-03-31 6.31 $12.41
2016-12-31 5.52 $12.34

Is Annaly a good investment?

Key Points. Annaly Capital Management does a fine job as a mortgage REIT and is well-respected in its niche. And yet the dividend and stock price have been incredibly volatile over time. Even a 10% yield doesn’t make up for the shortfalls of the larger mortgage REIT business model for me.

Is Pfizer stock a buy Zacks?

It’s calculated as earnings divided by price. For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%.

Momentum Scorecard. More Info.

Zacks Rank Definition Annualized Return
1 Strong Buy 24.93%
2 Buy 18.44%
3 Hold 9.99%
4 Sell 5.61%

Is EPD undervalued?

EPD is materially undervalued and currently trading below 6x cash flows with an 8.2% yield.

Is EPD a good stock to hold?

If you are mainly interested in safe, secure, increasing dividends then EPD is a great choice. Its long historical record of not only paying dividends but increasing them every year is indeed a rare find.

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