- Earnings available for distribution per common share were reported at 73 cents, surpassing the estimate of 71 cents.
- Earnings per share (EPS) stood at 3.0 cents.
- Total earnings available for distribution reached $452.6 million, exceeding the anticipated $441.6 million.
- Economic net interest income, excluding PAA, was $467.2 million.
- The net interest margin, excluding PAA, was reported at 1.71%, which fell short of the 1.85% estimate.
- Cash and cash equivalents totaled $2.06 billion, higher than the expected $1.69 billion.
- The book value per share was $18.45, slightly lower than the estimate of $18.83.
- Analysts’ ratings included 9 buys, 5 holds, and no sells.
A look at Annaly Capital Management Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 3 | |
| 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. is a capital manager focusing on residential and commercial assets. Their main goal is to generate income for shareholders through careful investment selection and portfolio management, operating as a REIT. With a strong emphasis on dividends and value, Annaly Capital Management scores well in these areas according to Smartkarma Smart Scores. The company’s high Dividend score of 5 reflects its commitment to providing a steady income stream to investors, while its solid Value score of 4 indicates that it may be undervalued relative to its intrinsic worth. However, some areas like Growth and Momentum scored lower, suggesting potential challenges in these aspects of the company’s long-term outlook.
Despite the lower scores in Growth and Momentum, Annaly Capital Management demonstrates resilience with a score of 3, showing its ability to weather market fluctuations and economic uncertainties. Investors looking for a consistent dividend-paying company with a strong emphasis on value might find Annaly Capital Management an attractive option based on the Smartkarma Smart Scores. However, the lower scores in Growth and Momentum could pose challenges for those seeking rapid appreciation in their investments. Overall, Annaly Capital Management’s strategic focus on income generation and prudent investment management positions it well for long-term success in the capital management sector.
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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