Annaly Capital Management (NLY) Increases Despite Market Slip: Here's What You Need to Know

Core Viewpoint - Annaly Capital Management is experiencing a positive shift in its stock performance, with a recent increase of 1.14% and a notable growth in revenue expected in the upcoming earnings report, despite a decline in EPS compared to the previous year [1][2]. Group 1: Stock Performance - Annaly Capital Management's stock closed at $19.44, reflecting a +1.14% change from the previous trading day, outperforming the S&P 500's loss of 0.6% [1]. - Over the past month, shares have gained 1.32%, surpassing the Finance sector's gain of 1.12% but lagging behind the S&P 500's gain of 3.15% [1]. Group 2: Earnings Expectations - The upcoming earnings report is expected to show an EPS of $0.65, which is a decrease of 9.72% from the same quarter last year [2]. - Revenue is forecasted to be $318 million, indicating a significant growth of 1094.99% compared to the corresponding quarter of the prior year [2]. Group 3: Annual Estimates - For the annual period, the Zacks Consensus Estimates predict earnings of $2.62 per share and revenue of $958 million, reflecting changes of -8.39% and +960.09% respectively from the previous year [3]. Group 4: Analyst Projections - Recent shifts in analyst projections for Annaly Capital Management are important for investors, as positive revisions indicate a favorable outlook on the company's business health and profitability [4]. Group 5: Valuation Metrics - Annaly Capital Management is currently trading at a Forward P/E ratio of 7.34, which is a discount compared to the industry average Forward P/E of 7.46 [7]. - The REIT and Equity Trust industry, part of the Finance sector, has a Zacks Industry Rank of 212, placing it in the bottom 16% of over 250 industries [7].