Annaly Capital Management Inc (NYSE:NLY) shares, rose in value on Friday, January 03, with the stock price up by 2.18% to the previous day’s close as strong demand from buyers drove the stock to $18.78.
Actively observing the price movement in the recent trading, the stock is buoying the session at $18.38, falling within a range of $18.41 and $18.79. The value of beta (5-year monthly) is 1.579. Referring to stock’s 52-week performance, its high was $21.11, and the low was $17.67. On the whole, NLY has fluctuated by -4.86% over the past month.
With the market capitalization of Annaly Capital Management Inc currently standing at about $10.53 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 2.60, with its dividend yield at 13.84%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NLY’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about N/A, with the price of NLY currently trading nearly -2.31% and -3.29% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.36, while the 7-day volatility ratio is showing 1.42% which for the 30-day chart, stands at 1.64%. Furthermore, Annaly Capital Management Inc (NLY)’s beta value is 1.58, and its average true range (ATR) is 0.35.
A comparison of Annaly Capital Management Inc (NLY) with its peers suggests the former has fared considerably weaker in the market. NLY showed an intraday change of 2.18% in today’s session so far, and over the past year, it shrunk by -0.74%%.
Data on historical trading for Annaly Capital Management Inc (NYSE:NLY) indicates that the trading volumes over the past 10 days have averaged 9.83 and over the past 3 months, they’ve averaged 6.25 million. According to company’s latest data on outstanding shares, there are 560.55 million shares outstanding.
Nearly 0.18% of Annaly Capital Management Inc’s shares belong to company insiders and institutional investors own 55.47% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 11.81 million shares as on 2024-12-13, resulting in a short ratio of 2.25. According to the data, the short interest in Annaly Capital Management Inc (NLY) stood at 235.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 11.29 million. The stock has risen by 2.62% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NLY stock heading into the next quarter.
