|Company name||Annaly Capital Management, Inc.|
|Live stock price||[stckqut]NLY[/stckqut]|
|P/E compared to competitors||Fair|
|Confident Investor Rating||Good|
|Target stock price (TWCA growth scenario)||$20.98|
|Target stock price (averages with growth)||$22.98|
|Target stock price (averages with no growth)||$19.95|
|Target stock price (manual assumptions)||$20.64|
The following company description is from Google Finance: http://www.google.com/finance?q=nly
Annaly Capital Management, Inc. (Annaly) owns, manage, and finance a portfolio of real estate related investments, including mortgage pass-through certificates, collateralized mortgage obligations (CMOs), Agency callable debentures, and other securities representing interests in or obligations backed by pools of mortgage loans. The Company’s wholly owned subsidiaries offer diversified real estate, asset management and other financial services. The Company’s subsidiary, RCap Securities, Inc. (RCap), operates as a broker-dealer. The Company also invests in Agency debentures, which consist of debentures issued by the Federal Home Loan Bank (FHLB), Freddie Mac and Fannie Mae. In August 2012, the Company liquidated FIDAC FSI LLC. In December 2012, the Company sold FIDAC Europe Limited. As of December 31, 2012, all of the mortgage-backed securities, which it has acquired, have been backed by single-family residential mortgage loans.
Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock.
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