Annaly Capital Management closed at $22.95, up 1.73%, outperforming the S&P 500 which lost 0.05%. The real estate investment trust has gained 4.44% over the past month, beating the Finance sector's 2.3% gain and the S&P 500's 1.42% decline. The company is expected to report earnings per share of $0.74, a 1.37% increase from the same quarter last year, with revenue forecast at $488 million, up 78.62%. For the full year, Zacks Consensus Estimates project earnings of $2.98 per share and revenue of $1.93 billion, representing increases of 2.05% and 69.62% respectively. Annaly Capital Management holds a Zacks Rank of 3, or Hold, with a forward price-to-earnings ratio of 7.58, below the industry average of 8.69.
Annaly Capital Management, Inc.Article reports price move and earnings estimates but no company-specific news driving the move.