Annaly Capital Management - NLY Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Annaly Capital Management in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NLY shares.
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9 analysts have issued 1 year target prices for Annaly Capital Management's stock. Their NLY share price forecasts range from $18.50 to $29.00. On average, they expect the company's stock price to reach $22.55 in the next twelve months. This suggests that the stock has a possible downside of 3.4%.
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Annaly Capital Management's stock was trading at $21.08 at the beginning of 2023. Since then, NLY shares have increased by 10.7% and is now trading at $23.34.
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Annaly Capital Management saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 14,070,000 shares, a decline of 41.0% from the December 31st total of 23,860,000 shares. Based on an average daily trading volume, of 7,020,000 shares, the short-interest ratio is presently 2.0 days. Approximately 3.0% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
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Annaly Capital Management, Inc. (NYSE:NLY) announced its quarterly earnings data on Thursday, October, 27th. The real estate investment trust reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.07. The real estate investment trust had revenue of $344.70 million for the quarter, compared to the consensus estimate of $424.90 million. Annaly Capital Management had a trailing twelve-month return on equity of 18.29% and a net margin of 126.07%. The firm's revenue was down 11.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.12 EPS.

Annaly Capital Management declared a quarterly dividend on Thursday, December 8th. Investors of record on Friday, December 30th will be paid a dividend of $0.88 per share on Tuesday, January 31st. This represents a $3.52 annualized dividend and a yield of 15.08%. The ex-dividend date of this dividend is Thursday, December 29th.
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 15.44%. 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.

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.

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 a variety of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (3.10%), AMF Tjanstepension AB (0.09%), Yousif Capital Management LLC (0.06%), Oregon Public Employees Retirement Fund (0.06%), New York State Teachers Retirement System (0.05%) and Comerica Bank (0.05%). 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 $23.34.

Annaly Capital Management (NYSE:NLY) has a market capitalization of $10.92 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.