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 up 1.0%. By the end of trading, Annaly Capital Management fell $0.33 (-2.1%) to $15.50 on heavy volume. Throughout the day, 16,361,988 shares of Annaly Capital Management exchanged hands as compared to its average daily volume of 8,794,900 shares. The stock ranged in price between $15.45-$15.77 after having opened the day at $15.74 as compared to the previous trading day's close of $15.83. Other companies within the Real Estate industry that declined today were: Optibase ( OBAS), down 4.8%, American Realty Investors ( ARL), down 4.2%, American Spectrum Realty ( AQQ), down 4.2% and IFM Investments ( CTC), down 4.0%.
  • EXCLUSIVE OFFER: Jim Cramer's Protege, 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. owns, manages, and finances a portfolio of real estate related investments in United States. Annaly Capital Management has a market cap of $15.1 billion and is part of the financial sector. The company has a P/E ratio of 9.3, below the S&P 500 P/E ratio of 17.7. Shares are up 12.7% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Annaly Capital Management a buy, 1 analyst rates 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, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, Impac Mortgage Holdings ( IMH), down 9.9%, China HGS Real Estate ( HGSH), down 7.7%, Homex Development ( HXM), down 6.4% and Brookfield Residential Properties ( BRP), down 5.6% , were all gainers within the real estate industry with Prologis ( PLD) being today's featured real estate industry leader.

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).

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks 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)