annaly capital management

Jefferies is downgrading shares of Annaly Capital Management (NYSE: NLY) from Buy to Hold. “We expect investment spreads and Agency MBS prices to decline over the coming 12-months,” Jefferies writes. “While investors are likely to earn the market return in the Agency space via ownership of NLY, we...

Jefferies & Company has downgraded Annaly Capital Management (NYSE: NLY) from Buy to Hold and has lowered the price target from $18 to $15.

Annaly Capital Management, Inc. (NYSE: NLY) reported a 3Q10 GAAP loss of $0.03 per share, core EPS excluding trading gains and non-cash items of $0.60, and EPS excluding only non-cash items of $0.68 per share, Wunderlich Securities reports. “Our EPS estimate of $0.68 was on the same basis as the $0...

Annaly Capital Management (NYSE: NLY) is having its Buy rating maintained after 3Q results were reported by Deutsche Bank, even though the company reported results lower that previously estimated. In the report, Deutsche Bank writes "Annaly reported 3Q core earnings of $0.60 per share, which was up...