Annaly Capital Management (NLY) Projected to Post Earnings on Wednesday

Annaly Capital Management (NYSE:NLY - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 30th. Analysts expect Annaly Capital Management to post earnings of $0.71 per share and revenue of $418.04 million for the quarter.

Annaly Capital Management (NYSE:NLY - Get Free Report) last announced its earnings results on Wednesday, April 30th. The real estate investment trust reported $0.72 EPS for the quarter, topping the consensus estimate of $0.71 by $0.01. The firm had revenue of $186.64 million for the quarter, compared to analysts' expectations of $418.04 million. Annaly Capital Management had a return on equity of 14.95% and a net margin of 20.70%. On average, analysts expect Annaly Capital Management to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Annaly Capital Management Stock Down 0.3 %

NYSE NLY traded down $0.07 on Friday, reaching $19.36. 953,838 shares of the stock traded hands, compared to its average volume of 6,060,538. Annaly Capital Management has a 12 month low of $16.60 and a 12 month high of $22.11. The company has a market cap of $11.57 billion, a price-to-earnings ratio of 12.15, a P/E/G ratio of 4.89 and a beta of 1.31. The firm's fifty day simple moving average is $20.04 and its 200 day simple moving average is $19.79.

Annaly Capital Management Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st were given a $0.70 dividend. The ex-dividend date of this dividend was Monday, March 31st. This is a boost from Annaly Capital Management's previous quarterly dividend of $0.65. This represents a $2.80 annualized dividend and a yield of 14.47%. Annaly Capital Management's payout ratio is 176.10%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on NLY. Barclays initiated coverage on shares of Annaly Capital Management in a report on Monday, January 6th. They issued an "equal weight" rating and a $19.00 target price on the stock. Royal Bank of Canada reiterated an "outperform" rating and set a $22.00 price objective on shares of Annaly Capital Management in a research report on Monday, February 10th. Keefe, Bruyette & Woods cut their target price on Annaly Capital Management from $21.00 to $20.15 and set an "outperform" rating on the stock in a research report on Tuesday, April 8th. JPMorgan Chase & Co. decreased their price target on Annaly Capital Management from $21.00 to $19.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. Finally, Jones Trading restated a "buy" rating and set a $21.00 price objective on shares of Annaly Capital Management in a report on Friday. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $21.07.

Annaly Capital Management Company Profile

Annaly Capital Management, Inc, a diversified capital manager, engages in mortgage finance. The company invests in agency mortgage-backed securities collateralized by residential mortgages; non-agency residential whole loans and securitized products within the residential and commercial markets; mortgage servicing rights; agency commercial mortgage-backed securities; to-be-announced forward contracts; residential mortgage loans; and agency or private label credit risk transfer securities.