Annaly Capital Management Inc. (NLY): Today's Featured Real Estate Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Annaly Capital Management ( NLY) pushed the Real Estate industry lower today making it today's featured Real Estate laggard. The industry as a whole closed the day down 1%. By the end of trading, Annaly Capital Management fell 17 cents (-1.1%) to $15.04 on light volume. Throughout the day, 6.2 million shares of Annaly Capital Management exchanged hands as compared to its average daily volume of 11.1 million shares. The stock ranged in price between $15.03-$15.21 after having opened the day at $15.21 as compared to the previous trading day's close of $15.21. Other companies within the Real Estate industry that declined today were: Forestar Group ( FOR), down 10.3%, American Spectrum Realty ( AQQ), down 9.3%, ZipRealty ( ZIPR), down 8%, and Doral Financial ( DRL), down 7.7%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Annaly Capital Management, Inc., a real estate investment trust, engages in the ownership, management, and financing of a portfolio of investment securities. Annaly Capital Management has a market cap of $14.78 billion and is part of the financial sector. The company has a P/E ratio of 10, below the S&P 500 P/E ratio of 17.7. Shares are up 8% year to date as of the close of trading on Tuesday. Currently there are three analysts that rate Annaly Capital Management a buy, three analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Annaly Capital Management as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, attractive valuation levels, expanding profit margins, notable return on equity and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider iShares Dow Jones US Real Estate ( IYR) while those bearish on the real estate industry could consider ProShares Short Real Estate Fund ( REK).

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.
null

If you liked this article you might like

10 High-Yielding Stocks to Own Ahead of a Surprising Late Summer Market Swoon

5 Great Stocks to Buy That Yield an Average 8%

Top 5 High-Yielding Stocks for the Rest of 2017

Adobe Systems, Salesforce.com, Cummins: 'Mad Money' Lightning Round

The Kids Are Taking Over the World: Cramer's 'Mad Money' Recap (Thursday 5/11/17)