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

7 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 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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7 Wall Street analysts have issued 1 year price targets for Annaly Capital Management's shares. Their NLY share price forecasts range from $18.50 to $27.00. On average, they anticipate the company's share price to reach $22.28 in the next twelve months. This suggests a possible upside of 17.8% 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 10.3% and is now trading at $18.91.
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Annaly Capital Management saw a decrease in short interest in May. As of May 15th, there was short interest totaling 15,110,000 shares, a decrease of 29.9% from the April 30th total of 21,560,000 shares. Based on an average daily volume of 4,850,000 shares, the short-interest ratio is currently 3.1 days. Approximately 3.1% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
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Annaly Capital Management, Inc. (NYSE:NLY) released its quarterly earnings data on Thursday, April, 27th. The real estate investment trust reported $0.81 EPS for the quarter, beating the consensus estimate 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 38.80% and a positive trailing twelve-month return on equity of 18.86%. During the same period in the previous year, the firm posted $1.12 earnings per share.

Annaly Capital Management announced a quarterly dividend on Tuesday, March 14th. Investors of record on Friday, March 31st will be paid a dividend of $0.65 per share on Friday, April 28th. This represents a $2.60 annualized dividend and a yield of 13.75%. The ex-dividend date is Thursday, March 30th.
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), Invesco KBW High Dividend Yield Financial ETF (KBWD), WisdomTree Alternative Income Fund (HYIN), Invesco S&P MidCap 400 Pure Growth ETF (RFG), InfraCap Equity Income Fund ETF (ICAP), Global SuperDividend US ETF (DIV) and First Trust Financial AlphaDEX Fund (FXO).

Annaly Capital Management (NYSE:NLY) pays an annual dividend of $2.60 per share and currently has a dividend yield of 14.10%. 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 before market open 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 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.12%), State Street Corp (3.25%), Allspring Global Investments Holdings LLC (3.10%), Geode Capital Management LLC (1.59%), Bank of New York Mellon Corp (0.88%) and LSV Asset Management (0.74%).
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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 $18.91.

Annaly Capital Management (NYSE:NLY) has a market capitalization of $9.34 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 ($2.25) 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.