Brokerages Set Annaly Capital Management Inc (NYSE:NLY) Price Target at $24.22

Posted by Francis Steltz on Jun 13th, 2026

Shares of Annaly Capital Management Inc (NYSE:NLY – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the twelve brokerages that are presently covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $24.2222.

A number of research firms have commented on NLY. UBS Group restated a “neutral” rating and issued a $23.00 price target (up from $22.50) on shares of Annaly Capital Management in a research report on Friday, April 24th. Piper Sandler reduced their price target on shares of 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. Royal Bank Of Canada restated an “outperform” rating and issued a $25.00 price target on shares of Annaly Capital Management in a research report on Wednesday, June 3rd. JonesTrading restated a “buy” rating and issued a $25.00 price target on shares of Annaly Capital Management in a research report on Wednesday, April 22nd. Finally, JPMorgan Chase & Co. boosted their price target 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, April 23rd.

Check Out Our Latest Analysis on NLY

Hedge Funds Weigh In On Annaly Capital Management

A number of large investors have recently modified their holdings of the stock. Parallel Advisors LLC lifted its position in shares of Annaly Capital Management by 2.3% during the first quarter. Parallel Advisors LLC now owns 34,884 shares of the real estate investment trust’s stock worth $738,000 after purchasing an additional 787 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Annaly Capital Management by 4.2% during the first quarter. Bank of America Corp DE now owns 2,570,040 shares of the real estate investment trust’s stock worth $54,356,000 after purchasing an additional 103,739 shares in the last quarter. Strait & Sound Wealth Management LLC lifted its position in shares of Annaly Capital Management by 9.1% during the first quarter. Strait & Sound Wealth Management LLC now owns 66,261 shares of the real estate investment trust’s stock worth $1,401,000 after purchasing an additional 5,543 shares in the last quarter. Edgestream Partners L.P. lifted its position in shares of Annaly Capital Management by 5.4% during the first quarter. Edgestream Partners L.P. now owns 12,119 shares of the real estate investment trust’s stock worth $256,000 after purchasing an additional 617 shares in the last quarter. Finally, Arkadios Wealth Advisors lifted its position in shares of Annaly Capital Management by 38.1% during the first quarter. Arkadios Wealth Advisors now owns 40,370 shares of the real estate investment trust’s stock worth $854,000 after purchasing an additional 11,147 shares in the last quarter. 51.56% of the stock is currently owned by institutional investors and hedge funds.

Annaly Capital Management Stock Down 0.1%

NYSE:NLY opened at $22.00 on Monday. The firm has a market cap of $16.12 billion, a PE ratio of 7.43, a price-to-earnings-growth ratio of 6.72 and a beta of 1.17. Annaly Capital Management has a 12 month low of $18.64 and a 12 month high of $24.52. The company’s 50-day moving average price is $21.97 and its two-hundred day moving average price is $22.47.

Annaly Capital Management (NYSE:NLY – Get Free Report) last released its quarterly earnings results on Tuesday, April 21st. The real estate investment trust reported $0.76 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.02. The firm had revenue of $341.56 million for the quarter, compared to analyst estimates of $595.27 million. Annaly Capital Management had a net margin of 34.33% and a return on equity of 15.92%. On average, research analysts expect that Annaly Capital Management will post 2.98 EPS for the current fiscal year.

Annaly Capital Management Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.75 per share. The ex-dividend date is Tuesday, June 30th. This is a positive change from Annaly Capital Management’s previous quarterly dividend of $0.70. This represents a $3.00 dividend on an annualized basis and a dividend yield of 13.6%. Annaly Capital Management’s dividend payout ratio (DPR) is currently 94.59%.

About Annaly Capital Management

(Get Free Report)

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.