Annaly Capital Management - NLY Stock Forecast, Price & News

6 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 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NLY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NLY, but not buy additional shares or sell existing shares.
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6 Wall Street research analysts have issued twelve-month price targets for Annaly Capital Management's shares. Their NLY share price forecasts range from $24.00 to $29.00. On average, they anticipate the company's stock price to reach $26.67 in the next year. This suggests a possible upside of 37.3% from the stock's current price.
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Annaly Capital Management's stock was trading at $31.28 on January 1st, 2022. Since then, NLY stock has decreased by 37.9% and is now trading at $19.42.
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Annaly Capital Management saw a decrease in short interest in the month of September. As of September 15th, there was short interest totaling 14,550,000 shares, a decrease of 71.6% from the August 31st total of 51,300,000 shares. Based on an average daily volume of 8,720,000 shares, the days-to-cover ratio is currently 1.7 days. Approximately 3.4% of the shares of the company are sold short.
View Annaly Capital Management's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our NLY earnings forecast.

Annaly Capital Management, Inc. (NYSE:NLY) announced its quarterly earnings data on Wednesday, July, 27th. The real estate investment trust reported $1.20 earnings per share for the quarter, topping analysts' consensus estimates of $1.00 by $0.20. The real estate investment trust earned $475.14 million during the quarter, compared to the consensus estimate of $399.39 million. Annaly Capital Management had a trailing twelve-month return on equity of 16.72% and a net margin of 178.91%. Annaly Capital Management's quarterly revenue was down 18.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.20 EPS.

Annaly Capital Management announced a quarterly dividend on Thursday, September 8th. Investors of record on Friday, September 30th will be paid a dividend of $0.88 per share on Monday, October 31st. This represents a $3.52 dividend on an annualized basis and a dividend yield of 18.13%. The ex-dividend date is Thursday, September 29th. This is a positive change from the stock's previous quarterly dividend of $0.22.
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 18.14%. NLY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 34.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, NLY will have a dividend payout ratio of 90.03% 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's stock 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 $19.42.

Annaly Capital Management (NYSE:NLY) has a market capitalization of $7.89 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 $10.08 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.