- Earnings available for distribution totaled $340.9 million, slightly below the estimate of $342.1 million.
- Earnings available for distribution per common share were 66 cents.
- Reported earnings per share (EPS) were 5.0 cents.
- Economic net interest income, excluding PAA, was $368.5 million.
- The net interest margin, excluding PAA, was 1.52%, which was below the estimated 1.65%.
- Cash and cash equivalents were reported at $1.56 billion, surpassing the estimate of $1.45 billion.
- Book value per share came in at $19.54, slightly under the estimate of $19.75.
- Market sentiment included 8 buy recommendations, 5 hold recommendations, and no sell recommendations.
A look at Annaly Capital Management Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Annaly Capital Management, Inc., a capital manager focused on residential and commercial assets, has a varied outlook based on the Smartkarma Smart Scores analysis. With strong scores in Dividend and Value factors, Annaly Capital Management shows promise for investors seeking income generation and potentially undervalued assets. However, lower scores in Growth and Resilience indicate challenges in long-term growth and potential vulnerabilities in market downturns. Yet, with a respectable Momentum score, the company may be trending positively in the short term.
As a Real Estate Investment Trust (REIT), Annaly Capital Management is dedicated to generating net income for its shareholders by carefully managing its portfolio and selecting investments wisely. The combination of its high Dividend and Value scores suggests a commitment to providing consistent returns to investors while focusing on opportunities that offer good value. Despite limited scores in Growth and Resilience, the company’s overall outlook remains positive, particularly for those seeking steady dividend income and potential capital appreciation.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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