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

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 0.1%. By the end of trading, Annaly Capital Management fell $0.14 (-1.1%) to $12.57 on average volume. Throughout the day, 12,341,152 shares of Annaly Capital Management exchanged hands as compared to its average daily volume of 12,276,600 shares. The stock ranged in price between $12.55-$12.72 after having opened the day at $12.68 as compared to the previous trading day's close of $12.71. Other companies within the Real Estate industry that declined today were: American Spectrum Realty ( AQQ), down 7.0%, Vestin Realty Mortgage I ( VRTA), down 6.0%, Stratus Properties ( STRS), down 4.8% and Elbit Imaging ( EMITF), down 4.0%.

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 $12.3 billion and is part of the financial sector. The company has a P/E ratio of 7.7, below the S&P 500 P/E ratio of 17.7. Shares are down 9.5% year to date as of the close of trading on Thursday. 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 attractive valuation levels, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Altis Resident ( RESI), up 11.3%, Preferred Apartment Communities ( APTS), up 9.1%, Chambers Street Properties ( CSG), up 7.3% and Optibase ( OBAS), up 5.5% , were all gainers within the real estate industry with Digital Realty ( DLR) 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

null

More from Markets

Asia Markets Fall on Latest Tariff Threats From Trump

Asia Markets Fall on Latest Tariff Threats From Trump

Google Invests in JD.com; Comcast-Disney Battle Nears Head -- ICYMI

Google Invests in JD.com; Comcast-Disney Battle Nears Head -- ICYMI

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Dow Drops Over 100 Points on Trade War Worries

Dow Drops Over 100 Points on Trade War Worries