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

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Annaly Capital Management in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NLY shares.
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7 brokers have issued 1 year price targets for Annaly Capital Management's stock. Their NLY share price forecasts range from $20.00 to $24.00. On average, they anticipate the company's share price to reach $22.00 in the next year. This suggests a possible upside of 17.0% 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 at the beginning of the year. Since then, NLY shares have decreased by 10.8% and is now trading at $18.81.
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Annaly Capital Management saw a increase in short interest in 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 trading volume, of 3,750,000 shares, the short-interest ratio is currently 3.9 days. Currently, 3.0% of the shares of the stock are sold short.
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) posted its quarterly 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 earned $818.25 million during the quarter, compared to analyst estimates 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 last year, the business earned $1.12 earnings per share.

Annaly Capital Management announced 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 yield of 13.82%. 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 Capped 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 13.82%. 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 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 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 $18.81.

Annaly Capital Management (NYSE:NLY) has a market capitalization of $9.29 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.