Annaly Capital Mgmt upgraded by UBS with a new price target
$NLY
Real Estate Investment Trusts
Real Estate
UBS upgraded Annaly Capital Mgmt from Neutral to Buy and set a new price target of $24.00 from $21.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/31/2024 | $21.00 | Hold → Buy | Argus |
| 9/20/2024 | $19.00 → $23.00 | Equal Weight → Overweight | Wells Fargo |
| 6/6/2024 | $21.00 | Buy | Janney |
| 4/2/2024 | $22.00 | Buy | Compass Point |
| 12/6/2023 | $19.00 | Neutral | UBS |
| 9/18/2023 | $21.00 → $24.00 | Neutral → Buy | UBS |
| 5/2/2023 | $20.00 → $21.50 | Neutral → Overweight | Piper Sandler |
| 2/21/2023 | Buy → Hold | Argus |
Argus upgraded Annaly Capital Mgmt from Hold to Buy and set a new price target of $21.00
Wells Fargo upgraded Annaly Capital Mgmt from Equal Weight to Overweight and set a new price target of $23.00 from $19.00 previously
Janney initiated coverage of Annaly Capital Mgmt with a rating of Buy and set a new price target of $21.00
Jones Trading analyst Jason Weaver maintains Annaly Capital Management (NYSE:NLY) with a Buy and maintains $21 price target.
Annaly Capital Management (NYSE:NLY) reported quarterly earnings of $0.68 per share which beat the analyst consensus estimate of $0.65 by 4.62 percent. This is a 5.56 percent decrease over earnings of $0.72 per share from the same period last year. The company reported quarterly sales of $1.177 billion which beat the analyst consensus estimate of $1.075 billion by 9.47 percent. This is a 27.73 percent increase over sales of $921.494 million the same period last year.
Annaly Capital Management's (NYSE:NLY) short percent of float has risen 9.72% since its last report. The company recently reported that it has 10.50 million shares sold short, which is 2.37% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.2 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Shor
4 - ANNALY CAPITAL MANAGEMENT INC (0001043219) (Issuer)
4 - ANNALY CAPITAL MANAGEMENT INC (0001043219) (Issuer)
4 - ANNALY CAPITAL MANAGEMENT INC (0001043219) (Issuer)
Annaly Capital Management, Inc. (NYSE:NLY) ("Annaly" or the "Company") announced today that the Company will host an Investor Day on Thursday, November 21, 2024 from 2:00 p.m. Eastern Time to 5:00 p.m. Eastern Time. The event will include presentations by Annaly's senior management that provide an update on our dedicated housing finance strategy, as well as a panel discussion on the political landscape and implications for markets and economic policy featuring Mark Zandi (Chief Economist, Moody's Analytics) and Jim Parrott (Nonresident Fellow, Urban Institute and Co-Owner of Parrot Ryan Advisors), followed by a Q&A session. "Over the last few years, we have made a number of strategic decis
In accordance with the terms of Annaly's 6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series F Preferred Stock"), the Board has declared a Series F Preferred Stock cash dividend for the fourth quarter of 2024 of $0.616143 per share of Series F Preferred Stock, which reflects a rate of 9.85828%, equal to three-month CME Term SOFR (plus a spread adjustment of 0.26161%) on the Dividend Determination date plus a spread of 4.993%. In accordance with the terms of Annaly's 6.50% Series G Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series G Preferred Stock"), the Board has declared a Series G Preferred Stock cash dividend for the fourth quarter o
Annaly Capital Management, Inc. (NYSE:NLY) ("Annaly" or the "Company") today announced its financial results for the quarter ended September 30, 2024. Financial Highlights GAAP net income of $0.05 per average common share for the quarter Earnings available for distribution ("EAD") of $0.66 per average common share for the quarter Economic return of 4.9% for the third quarter and 10.5% year-to-date through the third quarter Book value per common share of $19.54 GAAP leverage of 6.9x, down from 7.1x in the prior quarter; economic leverage of 5.7x, down from 5.8x in the prior quarter Declared quarterly common stock cash dividend of $0.65 per share Business Highlights Investment
SC 13G - ANNALY CAPITAL MANAGEMENT INC (0001043219) (Subject)
SC 13G/A - ANNALY CAPITAL MANAGEMENT INC (0001043219) (Subject)
SC 13G/A - ANNALY CAPITAL MANAGEMENT INC (0001043219) (Subject)
8-K - ANNALY CAPITAL MANAGEMENT INC (0001043219) (Filer)
10-Q - ANNALY CAPITAL MANAGEMENT INC (0001043219) (Filer)
8-K - ANNALY CAPITAL MANAGEMENT INC (0001043219) (Filer)
In accordance with the terms of Annaly's 6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series F Preferred Stock"), the Board has declared a Series F Preferred Stock cash dividend for the fourth quarter of 2024 of $0.616143 per share of Series F Preferred Stock, which reflects a rate of 9.85828%, equal to three-month CME Term SOFR (plus a spread adjustment of 0.26161%) on the Dividend Determination date plus a spread of 4.993%. In accordance with the terms of Annaly's 6.50% Series G Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series G Preferred Stock"), the Board has declared a Series G Preferred Stock cash dividend for the fourth quarter o
Annaly Capital Management, Inc. (NYSE:NLY) ("Annaly" or the "Company") today announced its financial results for the quarter ended September 30, 2024. Financial Highlights GAAP net income of $0.05 per average common share for the quarter Earnings available for distribution ("EAD") of $0.66 per average common share for the quarter Economic return of 4.9% for the third quarter and 10.5% year-to-date through the third quarter Book value per common share of $19.54 GAAP leverage of 6.9x, down from 7.1x in the prior quarter; economic leverage of 5.7x, down from 5.8x in the prior quarter Declared quarterly common stock cash dividend of $0.65 per share Business Highlights Investment
Annaly Capital Management, Inc. (NYSE:NLY) ("Annaly" or the "Company") announced today that it will release its financial results for the quarter ended September 30, 2024 after the market close on Wednesday, October 23, 2024. The Company will conduct a conference call and audio webcast to discuss the results on Thursday, October 24, 2024 at 9:00 a.m. Eastern Time. Participants are encouraged to pre-register for the conference call to receive a unique PIN to gain immediate access to the call and bypass the live operator. Pre-registration may be completed by accessing the Pre-Registration link found on the homepage or "Investors" section of the Company's website at www.annaly.com, or by usin
Annaly Capital Management, Inc. (NYSE:NLY) ("Annaly" or the "Company") announced today that the Board of Directors of the Company (the "Board") has elected Manon Laroche, former Head of Global Spread Products Securitized Sales, North America at Citigroup, and Scott Wede, former Global Head of Securitized Products and Municipal Finance at Barclays Capital, as independent members of the Board, effective October 1, 2023. Following their appointment, Annaly's Board will be comprised of twelve members, ten of whom are independent and six of whom identify as women and/or racially/ethnically diverse. "We are excited to welcome both Manon and Scott to our Board of Directors and look forward to be
Annaly included in index for fifth consecutive year Publicly released 2019 and 2020 EEO-1 Reports and committed to annual disclosure of workforce diversity statistics in line with broader commitment to diversity and transparency Enhanced parental leave policy and fertility benefits 45% of Annaly's Board of Directors and 40% of Annaly's Operating Committee members are women Annaly Capital Management, Inc. (NYSE:NLY) ("Annaly" or the "Company") today announced that it is one of 418 companies across 45 countries and regions to join the 2022 Bloomberg Gender-Equality Index (GEI), a modified market capitalization-weighted index that aims to track the performance of public companies comm
NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. (NYSE:NLY) (“Annaly” or the “Company”) today announced that its Board of Directors has authorized a new share repurchase program. Under the repurchase program, the Company may repurchase up to $1.5 billion of its outstanding shares of common stock through December 31, 2021. The new repurchase program replaces the Company’s existing $1.5 billion share repurchase program, which expires on December 31, 2020. Purchases made pursuant to the program will be made in either the open market or in privately negotiated transactions from time to time as permitted by securities laws and other legal requirements. The timing, manner, pri