Annaly Capital Management has the Highest Level of Cash in the Mortgage REITs Industry (NLY, AGNC, TWO, HTS, ARR)
Below are the three companies in the Mortgage REITs industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.
Annaly Capital Management ranks highest with a CE of $2,000. American Capital Agency is next with a CE of $2,000. Two Harbors Investment Corp ranks third highest with a CE of $812.
Hatteras Financial follows with a CE of $711, and Armour Residential REIT rounds out the top five with a CE of $276.
SmarTrend recommended that subscribers consider buying shares of Hatteras Financial on February 17th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $12.95. Since that recommendation, shares of Hatteras Financial have risen 23.4%. We continue to monitor Hatteras Financial for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest level of cash annaly capital management american capital agency amex:two two harbors investment corp hatteras financial armour residential reit