Annaly Capital Management (NLY) Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Annaly Capital Management in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NLY shares.
View NLY analyst ratings or view top-rated stocks.

7 brokerages have issued 12-month target prices for Annaly Capital Management's stock. Their NLY share price forecasts range from $20.00 to $24.00. On average, they predict the company's share price to reach $22.00 in the next twelve months. This suggests a possible upside of 16.2% from the stock's current price.
View analysts price targets for NLY or view top-rated stocks among Wall Street analysts.

Annaly Capital Management's stock was trading at $21.08 on January 1st, 2023. Since then, NLY shares have decreased by 10.2% and is now trading at $18.93.
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Annaly Capital Management saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 14,760,000 shares, an increase of 22.9% from the August 15th total of 12,010,000 shares. Based on an average daily volume of 3,750,000 shares, the days-to-cover ratio is currently 3.9 days. Approximately 3.0% of the company's stock are short sold.
View Annaly Capital Management's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our NLY earnings forecast.

Annaly Capital Management, Inc. (NYSE:NLY) released its earnings results on Thursday, April, 27th. The real estate investment trust reported $0.81 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.09. The real estate investment trust had revenue of $818.25 million for the quarter, compared to the consensus estimate of $183 million. Annaly Capital Management had a negative net margin of 57.22% and a positive trailing twelve-month return on equity of 17.47%. During the same quarter in the previous year, the firm earned $1.12 earnings per share.

Annaly Capital Management declared a quarterly dividend on Thursday, September 7th. Stockholders of record on Friday, September 29th will be given a dividend of $0.65 per share on Tuesday, October 31st. This represents a $2.60 annualized dividend and a dividend yield of 13.73%. The ex-dividend date of this dividend is Thursday, September 28th.
Read our dividend analysis for NLY.

ETFs with the largest weight of Annaly Capital Management (NYSE:NLY) stock in their portfolio include iShares Mortgage Real Estate ETF (REM), VanEck Mortgage REIT Income ETF (MORT), Rareview Dynamic Fixed Income ETF (RDFI), Invesco KBW High Dividend Yield Financial ETF (KBWD), WisdomTree Alternative Income Fund (HYIN), Invesco S&P MidCap 400 Pure Growth ETF (RFG), KFA Value Line Dynamic Core Equity Index ETF (KVLE) and Nuveen ESG Mid-Cap Value ETF (NUMV).

Annaly Capital Management (NYSE:NLY) pays an annual dividend of $2.60 per share and currently has a dividend yield of 13.53%. NLY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for NLY.

Annaly Capital Management's stock 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."

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 $18.93.

Annaly Capital Management (NYSE:NLY) has a market capitalization of $9.35 billion and generates $2.78 billion in revenue each year. The real estate investment trust earns $1.73 billion in net income (profit) each year or ($4.18) on an earnings per share basis.

The company employs 161 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.