NLY: a mortgage reit that owns a portfolio of government agency mortgage-backed securities (MBS).
Risk: You need to further evaluate NLY thoroughly. Well-informed, you decide what to do. Remember that there is risk of loss in all trading. I don’t own any NLY shares. Here are the pluses and minuses.
Closing Price: 17.89 on 6/18/10
52-Week Range: 14.09-19.74
Ex Dividend: 6/25/10
Pay Date: 7/29/10
+ Dividend: $68 per 100 shares (15.20% yield)
– Earnings: Second quarter earnings estimate is $0.53 per share. This is a significant decrease from the 2009 second quarter earnings of $1.08 per share.
+ Free Cash Flow: 1.26 per share
– Interest Rate Risk: When the Fed raises the Fed funds Rate, NLY’s profit and price could fall.
+ Sales: 2,861.0 million trailing 12-month sales
– Price/Sales Ratio: 3.5
+ Beta: 0.4, NLY has low volatility.