Looking at top Wall Street opinions, Newmont Mining Corporation (NYSE: NEM) has recently made its way into the research list of CIBC – signaling that their analyst’s rating adjustment is noteworthy. This stock was downgraded to a rating of Neutral in the eyes of CIBC, whereas its previous rating was Sector Outperform in the eyes of CIBC, as reported on Tuesday, January 15th, 2019. Another heavy-hitting research note was published by Morgan Stanley on Tuesday June 12th, 2018, with this firm upgrading NEM to an updated rating of Overweight from its previous rating of Equal-Weight. In the past six months and three months of trading, shares of Newmont Mining Corporation (NEM) have moved by 14.57% and 3.38%, respectively.
Brokerage Updates Related to Newmont Mining Corporation (NEM) Stock
This publicly-traded organization generated gains of 0.06% over the last 5 sessions. Right now, this stock is the subject of 15 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Of the latest market expert opinions, 2 have given an underperform rating, 0 has given a sell rating, and 3 have given a rating of Buy or better. Based on the 15 stock market experts following this company, the average 12-month price target is $40.36. Moreover, individual price targets range between $32.00-$48.50. With its recent move to $41.00, we can see that these firms project this stock will loss by -8.46% in one year.
Updates from Newmont Mining Corporation (NEM) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.30% rise since the beginning of the calendar year. A President and COO at Newmont Mining Corporation (NEM) sold off some of its shares in a transaction that was finalized on Mar 01. Similarly, Dorward-King Elaine J sold 3,000 shares of the organization’s stock at $33.90 apiece and racked up $101,700 in earnings from the sale. Now, Dorward-King Elaine J holds 148,122 shares of the company following the exchange. A Chief Executive Officer of the organization named Goldberg Gary J, was engaged in a transaction that occurred on Mar 01 that managed to be worth $135,600 from the sale of 4,000 common shares at a price of $33.90 per individual share.
Newmont Mining Corporation (NYSE:NEM) Results in the Pipeline
The next scheduled release of financial results for Newmont Mining Corporation will be for the Dec-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.25. In the same vein, they expect sales for the quarter to amount to $1,876.43 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $2,048.00 million in revenue alongside EPS at $0.40. On average, the analyst projection was calling for $1,726.00 million with $0.33 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $1,662.00 million, with earnings per share ending up at $0.26.
Annaly Capital Management, Inc. (NYSE:NLY) experienced a drop of -0.39% from the closing price in the previous trading day. That drove the price to $10.26 per share, as observed on March 12th, 2019, at a time when the total trading volume reached 11,969,030 shares of stock – compared to the typical average of 16.48M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $10.40.
Pricing Indications for Annaly Capital Management, Inc. (NLY)
This organization has had a price-to-earnings ratio of 65.35 in the last year. In the most recent trading session, the daily high was $10.32, bringing the per-share value -0.39% high its 52-week high and about -4.81% more expensive than its 52-week low. Meanwhile, it gained 10.18 from its observable 50-day simple moving average. Right at this moment, the per-share value is -0.01% lower than the mean per-share price over the last 200 days in the market.
Annaly Capital Management, Inc. (NYSE:NLY) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 0 have a Buy rating, 3 have an outperform rating, while 4 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.60, based on information from Thomson Reuters.
NLY Stock Value Potential
In trading activity as of late, this stock’s value was 10.26 up from its 200 day moving average, while also 0.85% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $9.75-$11.00. The market value for the entire organization reached 14.28B. After the trading day started off at the price of $10.26, these shares nearly bottomed out at its low price of $10.25 and nearly peaked at $10.32 as its full-day high price. In the last trading session, the price ended the day at $10.30. The institutional holdings related to this organization account for 0.30%, and the Beta factor is now 0.34. This company’s RSI (Relative Strength Index) managed to hit 60.13.
Annaly Capital Management, Inc. (NYSE:NLY) Analyst Points of Focus
Annaly Capital Management, Inc. (NLY) has found itself inside of JP Morgan’s research list, so their analyst rating adjustment is worth taking note of. This stock was upgraded to Overweight, compared to its previous rating of Neutral by JP Morgan, as garnered from a news report on Wednesday January 16th, 2019. An additional helpful research note was sent out by Keefe Bruyette’s on Monday January 14th, 2019. The brokerage decided to upgrade NLY to Outperform from its previous rating of Mkt Perform.