Analysts Set Annaly Capital Management Inc (NYSE:NLY) Target Price at $23.89

Shares of Annaly Capital Management Inc (NYSE:NLY) have been assigned a consensus recommendation of “Moderate Buy” from the twelve research firms that are covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $24.00.

A number of equities research analysts have recently weighed in on NLY shares. Piper Sandler cut their price objective on Annaly Capital Management from $25.00 to $22.00 and set an “overweight” rating on the stock in a research report on Thursday, April 2nd. Barclays set a $24.00 target price on Annaly Capital Management and gave the company an “equal weight” rating in a report on Friday, January 30th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $25.00 price target (up from $23.00) on shares of Annaly Capital Management in a research note on Thursday, January 29th. Royal Bank Of Canada lifted their price target on shares of Annaly Capital Management from $23.00 to $25.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Annaly Capital Management from $23.00 to $24.00 and gave the company an “overweight” rating in a research report on Thursday.

Annaly Capital Management Trading Down 0.9%

Annaly Capital Management stock opened at $22.42 on Friday. The firm has a 50-day moving average of $22.22 and a 200-day moving average of $22.30. The firm has a market cap of $16.10 billion, a P/E ratio of 7.57, a P/E/G ratio of 7.02 and a beta of 1.23. Annaly Capital Management has a 1-year low of $18.43 and a 1-year high of $24.52.

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 analysts’ consensus estimates of $0.74 by $0.02. Annaly Capital Management had a return on equity of 15.92% and a net margin of 34.33%.The company had revenue of $341.56 million for the quarter, compared to the consensus estimate of $595.27 million. Research analysts forecast that Annaly Capital Management will post 2.93 earnings per share for the current fiscal year.

Annaly Capital Management Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, March 31st will be given a dividend of $0.70 per share. The ex-dividend date is Tuesday, March 31st. This represents a $2.80 annualized dividend and a dividend yield of 12.5%. Annaly Capital Management’s payout ratio is currently 94.59%.

Insider Transactions at Annaly Capital Management

In related news, COO Steven Francis Campbell sold 28,225 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $23.12, for a total value of $652,562.00. Following the completion of the transaction, the chief operating officer directly owned 204,491 shares of the company’s stock, valued at $4,727,831.92. This represents a 12.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Serena Wolfe sold 16,536 shares of Annaly Capital Management stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $23.14, for a total value of $382,643.04. Following the sale, the chief financial officer directly owned 173,081 shares in the company, valued at approximately $4,005,094.34. The trade was a 8.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 71,252 shares of company stock valued at $1,639,995. 0.22% of the stock is owned by insiders.

Institutional Investors Weigh In On Annaly Capital Management

Hedge funds and other institutional investors have recently made changes to their positions in the business. Norges Bank bought a new position in Annaly Capital Management in the fourth quarter worth approximately $162,477,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Annaly Capital Management by 394.1% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 5,374,696 shares of the real estate investment trust’s stock valued at $108,623,000 after purchasing an additional 4,286,893 shares during the period. Vanguard Group Inc. grew its stake in shares of Annaly Capital Management by 5.0% during the 4th quarter. Vanguard Group Inc. now owns 63,613,639 shares of the real estate investment trust’s stock valued at $1,422,401,000 after acquiring an additional 3,024,564 shares during the period. PFA Pension Forsikringsaktieselskab bought a new stake in Annaly Capital Management during the 4th quarter worth approximately $63,699,000. Finally, Goldman Sachs Group Inc. lifted its holdings in Annaly Capital Management by 833.6% during the first quarter. Goldman Sachs Group Inc. now owns 2,920,617 shares of the real estate investment trust’s stock valued at $59,318,000 after purchasing an additional 2,607,784 shares in the last quarter. Hedge funds and other institutional investors own 51.56% of the company’s stock.

More Annaly Capital Management News

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

• Positive Sentiment: Q1 earnings slightly beat expectations and net interest margin improved year-over-year, supporting Annaly’s core earnings power and dividend coverage. Annaly Beats Q1 Estimates
• Positive Sentiment: Several analysts raised targets/ratings: JPMorgan moved to Overweight and raised its price target to $24, and JonesTrading reaffirmed a Buy with a $25 target — both imply mid-to-high single-digit upside and provide near-term buy-side support. Analyst Upgrades
• Neutral Sentiment: Management highlighted “solid economic return” and strategic capital allocation in the Q1 earnings call, signaling discipline but also caution amid market uncertainty — helpful context but not a catalyst by itself. Earnings Call Highlights
• Neutral Sentiment: Coverage is mixed — a TipRanks/Globe & Mail piece notes analyst disagreement on REIT names including Annaly, underscoring divergent views on interest-rate path and mortgage spread outlook. Analysts Conflicted
• Negative Sentiment: Revenue missed expectations and Annaly disclosed a dip in its capital ratio; those balance-sheet and top-line metrics increase investor focus on funding and leverage risks if volatility continues. Zacks: Earnings Beat but Capital Ratio Dip
• Negative Sentiment: Management flagged geopolitical shocks (Middle East tensions and energy-price impacts) that could raise volatility and pressure fixed‑income markets — a key downside risk for a mortgage REIT. Earnings Call Transcript

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.