$15.19 book value as of the most recent Quarter! Not bad even if it drops like agnc NLY should be OK
The company hasn't even provided a press release concerning the earning's announcement date, so I don't know where people are getting their dates from.
Book value should drop no more than 8% as NLY has Crexus commercial to offset some of the BV loss.
$14-14.25 is my opinion for BV after earnings
Sentiment: Strong Buy
If our BV comes in at $13.45, we will trade at $12.10. At least that's in line with how other mReits are currently trading. This will be the new normal until interest rates stabilize.
BTW, my BV prediction is $13.37, which means we would trade at $12.03. Seems to be right where we are currently trading. Surprises one way or the other will be factored in after the earning's call.
American Capital Agency book value down 12%. NLY should do as well if not better.