Weekly Analysts’ Ratings Changes for Annaly Capital Management (NLY)

Several brokerages have updated their recommendations and price targets on shares of Annaly Capital Management (NYSE: NLY) in the last few weeks:

• 1/31/2025 – Annaly Capital Management had its price target raised by analysts at JPMorgan Chase & Co. from $19.00 to $21.00. They now have an “overweight” rating on the stock.
• 1/27/2025 – Annaly Capital Management had its price target raised by analysts at Royal Bank of Canada from $21.00 to $22.00. They now have an “outperform” rating on the stock.
• 1/23/2025 – Annaly Capital Management had its “market perform” rating reaffirmed by analysts at JMP Securities.
• 1/21/2025 – Annaly Capital Management had its price target lowered by analysts at JPMorgan Chase & Co. from $20.00 to $19.00. They now have an “overweight” rating on the stock.
• 1/6/2025 – Annaly Capital Management is now covered by analysts at Barclays PLC. They set an “equal weight” rating and a $19.00 price target on the stock.
• 12/9/2024 – Annaly Capital Management had its price target lowered by analysts at JPMorgan Chase & Co. from $21.00 to $20.00. They now have an “overweight” rating on the stock.

Annaly Capital Management Stock Up 0.9 %

NLY traded up $0.18 on Tuesday, reaching $20.39. The company’s stock had a trading volume of 2,102,199 shares, compared to its average volume of 6,560,591. The stock has a 50 day moving average of $19.29 and a two-hundred day moving average of $19.69. The company has a quick ratio of 0.08, a current ratio of 0.12 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $11.43 billion, a price-to-earnings ratio of 12.82 and a beta of 1.52. Annaly Capital Management, Inc. has a fifty-two week low of $17.67 and a fifty-two week high of $21.11.

Annaly Capital Management (NYSE:NLY) last released its quarterly earnings data on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.05. Annaly Capital Management had a return on equity of 14.95% and a net margin of 20.70%. As a group, analysts forecast that Annaly Capital Management, Inc. will post 2.72 EPS for the current fiscal year.

Annaly Capital Management Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 12.75%. The ex-dividend date was Tuesday, December 31st. Annaly Capital Management’s dividend payout ratio is currently 163.52%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. KBC Group NV grew its holdings in Annaly Capital Management by 238.9% in the 4th quarter. KBC Group NV now owns 5,198,020 shares of the real estate investment trust’s stock worth $95,124,000 after buying an additional 3,664,098 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Annaly Capital Management by 531.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,981,081 shares of the real estate investment trust’s stock worth $79,900,000 after purchasing an additional 3,350,435 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in Annaly Capital Management by 8.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 17,990,064 shares of the real estate investment trust’s stock valued at $361,061,000 after purchasing an additional 1,342,056 shares during the period. ORG Wealth Partners LLC lifted its holdings in shares of Annaly Capital Management by 5,113.5% during the 4th quarter. ORG Wealth Partners LLC now owns 788,336 shares of the real estate investment trust’s stock worth $14,427,000 after acquiring an additional 773,215 shares during the period. Finally, JPMorgan Chase & Co. increased its position in shares of Annaly Capital Management by 21.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,057,037 shares of the real estate investment trust’s stock worth $61,355,000 after purchasing an additional 541,869 shares in the last quarter. 51.56% of the stock is owned by institutional investors and hedge funds.

Annaly Capital Management, Inc, a diversified capital manager, engages in mortgage finance. The company invests in agency mortgage-backed securities collateralized by residential mortgages; non-agency residential whole loans and securitized products within the residential and commercial markets; mortgage servicing rights; agency commercial mortgage-backed securities; to-be-announced forward contracts; residential mortgage loans; and agency or private label credit risk transfer securities.