Annaly Capital Management (NLY) to Release Quarterly Earnings on Wednesday

Annaly Capital Management (NYSE:NLY - Get Free Report) is expected to be announcing its Q1 2025 earnings results after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.70 per share and revenue of $418.04 million for the quarter.

Annaly Capital Management (NYSE:NLY - Get Free Report) last released its earnings results on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.67 by $0.05. Annaly Capital Management had a net margin of 20.70% and a return on equity of 14.95%. 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 Trading Up 1.4 %

NYSE NLY traded up $0.26 on Monday, reaching $19.47. The stock had a trading volume of 6,728,802 shares, compared to its average volume of 6,024,912. The company has a market capitalization of $11.63 billion, a price-to-earnings ratio of 12.25, a P/E/G ratio of 4.89 and a beta of 1.31. The business has a 50 day moving average price of $20.16 and a 200 day moving average price of $19.80. Annaly Capital Management has a 1 year low of $16.60 and a 1 year high of $22.11.

Annaly Capital Management Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be given a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 14.38%. This is an increase from Annaly Capital Management's previous quarterly dividend of $0.65. The ex-dividend date is Monday, March 31st. Annaly Capital Management's payout ratio is currently 176.10%.

Analysts Set New Price Targets

A number of research analysts have recently commented on NLY shares. Royal Bank of Canada reissued an "outperform" rating and set a $22.00 price objective on shares of Annaly Capital Management in a report on Monday, February 10th. Keefe, Bruyette & Woods decreased 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. JMP Securities reissued a "market perform" rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. JPMorgan Chase & Co. dropped their target price on Annaly Capital Management from $21.00 to $19.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. Finally, Barclays started coverage on Annaly Capital Management in a research note on Monday, January 6th. They set an "equal weight" rating and a $19.00 price objective for the company. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $21.08.

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.