Annaly Capital Management (NLY) closed at $23.26, up 2.47% from the previous session, outperforming the S&P 500. Analysts expect an EPS of $0.72 and quarterly revenue of $469 million. The Zacks Consensus Estimates project annual earnings of $2.9 per share and revenue of $1.24 billion, with positive estimate revisions indicating potential stock price performance.

Annaly Capital Management is trading at a Forward P/E ratio of 7.82, lower than the industry average of 8.99. The PEG ratio stands at 7.11 compared to the industry’s 4.63. The REIT and Equity Trust industry, of which Annaly is a part, has a Zacks Industry Rank of 99, in the top 41% of industries, showing potential for growth.

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Read more at Nasdaq: Annaly Capital Management (NLY) Laps the Stock Market: Here’s Why