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

+0.16 (+0.83%)
(As of 05/24/2024 08:50 PM ET)
Today's Range
50-Day Range
52-Week Range
2.15 million shs
Average Volume
3.47 million shs
Market Capitalization
$9.75 billion
P/E Ratio
Dividend Yield
Price Target

Annaly Capital Management MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
8.2% Upside
$21.08 Price Target
Short Interest
1.85% of Float Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
0.99mentions of Annaly Capital Management in the last 14 days
Based on 4 Articles This Week
Insider Trading
Proj. Earnings Growth
From $2.62 to $2.69 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.27 out of 5 stars

Finance Sector

460th out of 865 stocks

Real Estate Investment Trusts Industry

91st out of 178 stocks

NLY stock logo

About Annaly Capital Management Stock (NYSE:NLY)

Annaly Capital Management Inc. is one of the largest mortgage real estate investment trusts in the United States. The company is based in Maryland, with a principal office in New York City. Annaly primarily borrows money via short-term repurchase agreements and reinvests the proceeds in asset-backed securities. 

Annaly is a mortgage real estate investment trust that earns profits from the difference between the interest it makes from its investments and the interest it pays on its borrowings, enhanced by leverage. 

In 1997, Michael A.J. Farrell and Wellington Denahan established Annaly to capitalize on the burgeoning real estate sector. 

In October 2012, Wellington Denahan assumed the CEO role; in 2013, Annaly acquired CreXus Investment for $996 million. In 2016, the firm completed the purchase of Hatteras Financial for $1.5 billion in cash and stock. In 2017, Annaly sold its Pingora servicing subsidiary, and in March 2020, David L. Finkelstein was appointed chief executive officer and board member. Later that year, Steven F. Campbell was named president of the company.

Annaly's investments are divided into four distinct groups: agency credit, residential credit, commercial credit and middle market lending. These investments include mortgage-backed securities, non-agency residential mortgage assets, mortgage servicing rights, residential mortgage loans, agency commercial mortgage-backed securities, corporate debts, credit risk transfer securities and other commercial real estate investments.

Annaly Capital Management Inc. has a strong track record of financial performance and is an S&P 400 component. Institutional investors and hedge funds own 52.80% of the company's stock, and EMG Holdings L.P., Bank of Montreal Canada, MetLife Investment Management LLC, Rhumbline Advisers, Yousif Capital Management LLC and CIBC World Market Inc. have all taken positions in Annaly Capital Management.

NLY Stock Price History

NLY Stock News Headlines

3 Big 10% Yields Face Off From Annaly Capital Management
Annaly: Improved Value Proposition (Rating Upgrade)
Q1 2024 Annaly Capital Management Inc Earnings Call
Annaly Capital Management Inc. Q1 Earnings Summary
See More Headlines
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Company Calendar

Ex-Dividend for 4/30 Dividend
Last Earnings
Dividend Payable
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Real estate investment trusts
Mortgage REITs
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
6 Analysts


Net Income
Pretax Margin


Sales & Book Value

Annual Sales
$3.73 billion
Cash Flow
$3.55 per share
Book Value
$19.90 per share


Free Float
Market Cap
$9.75 billion

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Key Executives

  • Mr. David L. Finkelstein C.F.A.Mr. David L. Finkelstein C.F.A. (Age 51)
    CEO, Chief Investment Officer & Director
    Comp: $8.34M
  • Mr. Steven Francis Campbell (Age 51)
    COO & President
    Comp: $3.5M
  • Ms. Serena Wolfe (Age 44)
    Chief Financial Officer
    Comp: $3.11M
  • Mr. Anthony Charles Green J.D. (Age 49)
    Chief Corporate Officer, Chief Legal Officer & Secretary
    Comp: $2.8M
  • Ms. Audrey K. Susanin J.D. (Age 42)
    Deputy General Counsel & Chief Compliance Officer
  • Ms. Seana Scott Gormley
    Chief Human Resources Officer
  • Ms. Jessica T. LaScala
    Head of Investment Operations
  • Mr. Michael Fania
    Deputy Chief Investment Officer & Head of Residential Credit
  • Ms. Johanna Griffin
    Chief Risk Officer
  • Ms. Tanya Rakpraja
    Head of Corporate Responsibility & Government Relations

NLY Stock Analysis - Frequently Asked Questions

Should I buy or sell Annaly Capital Management stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Annaly Capital Management in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NLY shares.
View NLY analyst ratings
or view top-rated stocks.

What is Annaly Capital Management's stock price target for 2024?

6 brokers have issued 12-month price targets for Annaly Capital Management's stock. Their NLY share price targets range from $19.00 to $22.00. On average, they predict the company's stock price to reach $21.08 in the next twelve months. This suggests a possible upside of 8.2% from the stock's current price.
View analysts price targets for NLY
or view top-rated stocks among Wall Street analysts.

How have NLY shares performed in 2024?

Annaly Capital Management's stock was trading at $19.37 at the beginning of 2024. Since then, NLY shares have increased by 0.6% and is now trading at $19.48.
View the best growth stocks for 2024 here

When is Annaly Capital Management's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our NLY earnings forecast

How were Annaly Capital Management's earnings last quarter?

Annaly Capital Management, Inc. (NYSE:NLY) issued its quarterly earnings results on Thursday, April, 25th. The real estate investment trust reported $0.64 earnings per share for the quarter, hitting the consensus estimate of $0.64. The real estate investment trust earned $1.09 billion during the quarter, compared to the consensus estimate of $320 million. Annaly Capital Management had a negative net margin of 8.38% and a positive trailing twelve-month return on equity of 15.13%. During the same quarter last year, the company posted $0.81 EPS.

How often does Annaly Capital Management pay dividends? What is the dividend yield for Annaly Capital Management?

Annaly Capital Management announced a quarterly dividend on Thursday, March 14th. Shareholders of record on Thursday, March 28th will be given a dividend of $0.65 per share on Tuesday, April 30th. This represents a $2.60 annualized dividend and a yield of 13.35%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for NLY

Is Annaly Capital Management a good dividend stock?

Annaly Capital Management (NYSE:NLY) pays an annual dividend of $2.60 per share and currently has a dividend yield of 13.35%. 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.

When did Annaly Capital Management's stock split?

Annaly Capital Management shares reverse split on the morning of 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 market closes 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.

What is Kevin Keyes' approval rating as Annaly Capital Management's CEO?

2 employees have rated Annaly Capital Management Chief Executive Officer Kevin Keyes on 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.

What other stocks do shareholders of Annaly Capital Management own?

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).

Who are Annaly Capital Management's major shareholders?

Annaly Capital Management's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.80%), Allspring Global Investments Holdings LLC (3.49%), Algebris UK Ltd (0.81%), LSV Asset Management (0.58%), Van ECK Associates Corp (0.39%) and Principal Financial Group Inc. (0.38%).
View institutional ownership trends

How do I buy shares of Annaly Capital Management?

Shares of NLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:NLY) was last updated on 5/27/2024 by Staff

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