NEW YORK (TheStreet) -- Annaly Capital Management (NLY) - Get Report shares are getting a boost, up 1.55% to $10.15 Thursday from the company's robust fourth quarter 2015 earnings, which came out yesterday after the market close.
Earnings were 31 cents a share, beating analysts' estimates of 28 cents a share. A year ago, the company earned 33 cents a share.
Revenue came in at $457.8 million, beating expectations of $308 million, but down 10.9% from a year ago.
"In the challenging market environment of 2015, Annaly delivered over $1.2 billion in dividend distributions to shareholders while producing an attractive return on equity with the lowest leverage in the industry," CEO Kevin Keyes stated.
New York-based Annaly Capital Management owns a portfolio of real estate related investments in the U.S.
Separately, TheStreet Ratings currently has a "Hold" rating on the stock with a letter grade of C.
The company's strengths can be seen in multiple areas, such as its good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a decline in the stock price during the past year.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: NLY