|Bid||25.20 x 800|
|Ask||25.61 x 1100|
|Day's Range||25.41 - 25.61|
|52 Week Range||20.44 - 25.67|
|Beta (5Y Monthly)||1.30|
|PE Ratio (TTM)||8.25|
|Forward Dividend & Yield||1.74 (6.81%)|
|Ex-Dividend Date||Feb. 26, 2021|
|1y Target Est||N/A|
These could be the perfect stocks to own if a runaway bull market takes shape under the Biden administration.
With today’s interest rate environment, you have to question whether or not a company like Annaly Capital Management (NYSE: NLY) is in trouble, and if this mREIT is a good investment. Annaly Capital Management is a mortgage REIT that primarily invests in agency mortgage backed securities (MBS), which are mortgage loans that are guaranteed by either Freddie Mac (OTCMKTS: FMCC) or Fannie Mae (OTCMKTS: FNMA). The company purchases these assets by borrowing money with short-term loans that have the lowest interest rates, and earning the difference between the interest they receive on the long-term loans they purchase and the interest they pay on the short-term loans.
NLY vs. HASI: Which Stock Is the Better Value Option?