Annaly Capital Management - NLY Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Annaly Capital Management in the last twelve months. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" NLY shares.
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8 Wall Street research analysts have issued 12 month target prices for Annaly Capital Management's shares. Their NLY share price forecasts range from $18.50 to $29.00. On average, they expect the company's share price to reach $22.00 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price.
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Annaly Capital Management's stock was trading at $31.28 on January 1st, 2022. Since then, NLY shares have decreased by 31.9% and is now trading at $21.31.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
View our NLY earnings forecast.

Annaly Capital Management, Inc. (NYSE:NLY) released its earnings results on Thursday, October, 27th. The real estate investment trust reported $1.06 EPS for the quarter, beating the consensus estimate of $0.99 by $0.07. The real estate investment trust earned $344.70 million during the quarter, compared to the consensus estimate of $424.90 million. Annaly Capital Management had a net margin of 126.07% and a trailing twelve-month return on equity of 18.29%. The business's revenue was down 11.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.12 EPS.

Annaly Capital Management announced a quarterly dividend on Thursday, September 8th. Investors of record on Friday, September 30th will be given a dividend of $0.88 per share on Monday, October 31st. This represents a $3.52 dividend on an annualized basis and a yield of 16.52%. The ex-dividend date is Thursday, September 29th. This is an increase from the stock's previous quarterly dividend of $0.22.
Read our dividend analysis for NLY.

Annaly Capital Management (NYSE:NLY) pays an annual dividend of $3.52 per share and currently has a dividend yield of 16.78%. NLY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 43.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, NLY will have a dividend payout ratio of 110.34% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for NLY.

Shares of Annaly Capital Management reverse split on Monday, September 26th 2022. The 1-4 reverse split was announced on Monday, September 26th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Monday, September 26th 2022. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

2 employees have rated Annaly Capital Management Chief Executive Officer Kevin Keyes on Glassdoor.com. Kevin Keyes has an approval rating of 62% among the company's employees. This puts Kevin Keyes in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Annaly Capital Management investors own include AT&T (T), AGNC Investment (AGNC), Energy Transfer (ET), Enterprise Products Partners (EPD), New Residential Investment (NRZ), General Electric (GE), Ford Motor (F), Intel (INTC), Pfizer (PFE) and Chimera Investment (CIM).

Annaly Capital Management trades on the New York Stock Exchange (NYSE) under the ticker symbol "NLY."

Annaly Capital Management's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (11.41%), Vanguard Group Inc. (8.78%), Allspring Global Investments Holdings LLC (3.35%), State Street Corp (3.05%), Marshall Wace LLP (2.00%) and LSV Asset Management (0.95%). Insiders that own company stock include David L Finkelstein, Serena Wolfe, Thomas Edward Hamilton and Timothy P Coffey.
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Shares of NLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NLY stock can currently be purchased for approximately $21.31.

Annaly Capital Management (NYSE:NLY) has a market capitalization of $9.97 billion and generates $1.98 billion in revenue each year. The real estate investment trust earns $2.39 billion in net income (profit) each year or $8.02 on an earnings per share basis.

The company employs 171 workers across the globe.

Annaly Capital Management's mailing address is 1211 AVENUE OF THE AMERICAS, NEW YORK NY, 10036. The official website for the company is www.annaly.com. The real estate investment trust can be reached via phone at (212) 696-0100, via email at investor@annaly.com, or via fax at 212-696-9809.