Annaly Capital Management (NYSE:NLY) Receives “Buy” Rating from JonesTrading

Annaly Capital Management (NYSE:NLY)‘s stock had its “buy” rating restated by equities researchers at JonesTrading in a report released on Wednesday,Benzinga reports. They currently have a $25.00 price target on the real estate investment trust’s stock. JonesTrading’s price objective indicates a potential upside of 10.55% from the company’s current price.

Several other equities analysts also recently issued reports on NLY. Keefe, Bruyette & Woods boosted their price target on shares of Annaly Capital Management from $23.25 to $25.00 and gave the company an “outperform” rating in a report on Friday, January 30th. Barclays set a $24.00 price target on shares of Annaly Capital Management and gave the company an “equal weight” rating in a report on Friday, January 30th. JPMorgan Chase & Co. reduced their price objective on shares of Annaly Capital Management from $25.00 to $23.00 and set an “overweight” rating for the company in a report on Thursday, April 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Annaly Capital Management in a report on Wednesday, January 21st. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and issued a $25.00 price objective (up from $23.00) on shares of Annaly Capital Management in a report on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $23.89.

Annaly Capital Management Stock Performance

Shares of NLY traded up $0.02 during midday trading on Wednesday, hitting $22.62. 7,947,257 shares of the stock traded hands, compared to its average volume of 8,115,810. Annaly Capital Management has a 1-year low of $18.43 and a 1-year high of $24.52. The firm has a market capitalization of $16.25 billion, a PE ratio of 8.13, a price-to-earnings-growth ratio of 7.04 and a beta of 1.23. The business’s 50 day moving average price is $22.23 and its two-hundred day moving average price is $22.30.

Annaly Capital Management (NYSE:NLY) last announced its quarterly earnings results on Tuesday, April 21st. The real estate investment trust reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.02. Annaly Capital Management had a net margin of 34.02% and a return on equity of 15.80%. The company had revenue of $341.56 million during the quarter, compared to the consensus estimate of $595.27 million. As a group, equities research analysts forecast that Annaly Capital Management will post 2.93 EPS for the current fiscal year.

Insider Activity

In other Annaly Capital Management news, COO Steven Francis Campbell sold 26,491 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $22.83, for a total value of $604,789.53. Following the sale, the chief operating officer directly owned 178,000 shares in the company, valued at approximately $4,063,740. The trade was a 12.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Serena Wolfe sold 16,536 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $23.14, for a total transaction of $382,643.04. Following the completion of the sale, the chief financial officer owned 173,081 shares in the company, valued at approximately $4,005,094.34. This trade represents a 8.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 71,252 shares of company stock worth $1,639,995. 0.22% of the stock is owned by company insiders.

Institutional Investors Weigh In On Annaly Capital Management

Several hedge funds and other institutional investors have recently bought and sold shares of NLY. AQR Capital Management LLC raised its position in Annaly Capital Management by 111.8% in the first quarter. AQR Capital Management LLC now owns 56,803 shares of the real estate investment trust’s stock worth $1,154,000 after acquiring an additional 29,978 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in Annaly Capital Management by 39.4% in the first quarter. Integrated Wealth Concepts LLC now owns 14,874 shares of the real estate investment trust’s stock worth $302,000 after acquiring an additional 4,205 shares in the last quarter. Millennium Management LLC raised its holdings in Annaly Capital Management by 17.4% during the 1st quarter. Millennium Management LLC now owns 541,733 shares of the real estate investment trust’s stock worth $11,003,000 after buying an additional 80,481 shares during the period. NewEdge Advisors LLC raised its holdings in Annaly Capital Management by 20.8% during the 1st quarter. NewEdge Advisors LLC now owns 17,845 shares of the real estate investment trust’s stock worth $362,000 after buying an additional 3,074 shares during the period. Finally, Goldman Sachs Group Inc. raised its holdings in Annaly Capital Management by 833.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,920,617 shares of the real estate investment trust’s stock worth $59,318,000 after buying an additional 2,607,784 shares during the period. 51.56% of the stock is currently owned by institutional investors.

Key Annaly Capital Management News

Here are the key news stories impacting Annaly Capital Management this week:

• Positive Sentiment: Q1 EPS topped expectations and profitability metrics are strong: Annaly reported $0.76 EPS vs. $0.74 consensus, with a reported return on equity of ~15.8% and a healthy net margin. These beat/quality metrics support income-oriented investor demand. Annaly Capital Management (NLY) Beats Q1 Earnings Estimates
• Positive Sentiment: Net interest margin and investment income improved year-over-year, which helps the REIT’s core earnings power and supports dividend coverage assumptions. Annaly Q1 Earnings Beat Estimates, Net Interest Margin Improves Y/Y
• Neutral Sentiment: Management commentary stressed continued investor demand in fixed income but flagged changing market conditions; the earnings call transcript notes geopolitical events (Middle East) that could alter market volatility and rate dynamics. Monitor management’s capital allocation comments for signs of balance-sheet moves. Annaly (NLY) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: The company posted its slide deck and full earnings release for more detail on portfolio positioning and hedges; useful for investors modeling interest-rate and spread scenarios. Annaly 2026 Q1 Results – Presentation
• Negative Sentiment: Revenue missed consensus materially (reported ~$341.6M vs. ~$595M estimate in some sources) and the company disclosed a dip in its capital ratio; that raises questions about balance-sheet cushion and future deployment capacity. Annaly Capital Management (NLY) Beats Q1 Earnings Estimates
• Negative Sentiment: Management warned that an energy-driven shock from geopolitical conflict could increase volatility and pressure U.S. growth, which would complicate interest-rate and spread outlooks that drive NLY’s earnings. Investors should watch volatility, spreads and capital ratios closely. Annaly Q1 earnings rise, beating consensus amid capital shift

About Annaly Capital Management

Annaly Capital Management, Inc is a publicly traded real estate investment trust (REIT) that specializes in generating income through investment in mortgage-related assets. The company’s core business activities include the acquisition, financing, and management of a diversified portfolio of agency and non-agency residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), and other real estate debt instruments. Annaly seeks to profit from the spread between the interest earned on its mortgage investments and its cost of funds, as well as from capital gains realized through active portfolio management.

Founded in 1997 and headquartered in New York City, Annaly has grown to become one of the largest mortgage REITs in the United States.