Annaly Capital Management (NLY) Suffers a Larger Drop Than the General Market: Key Insights

Annaly Capital Management (NLY) closed at $22.00, down 2.7%, underperforming the broader market decline of 0.59%. The stock has depreciated 2.16% over the past month. Despite positive earnings projections showing 6.85% EPS growth and 97.64% revenue growth for the upcoming quarter, NLY holds a Zacks Rank of #3 (Hold) with a Forward P/E of 7.32, trading at a discount to its industry average. The REIT and Equity Trust industry ranks in the bottom 5% of all industries.