Annaly Capital Management (NLY) to Release Quarterly Earnings on Tuesday

Annaly Capital Management (NYSE:NLYGet Free Report) is set to announce its earnings results after the market closes on Tuesday, February 6th. Analysts expect the company to announce earnings of $0.64 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Annaly Capital Management Stock Performance

NYSE NLY opened at $19.26 on Monday. Annaly Capital Management has a 1 year low of $14.52 and a 1 year high of $23.97. The business’s fifty day moving average is $19.25 and its two-hundred day moving average is $18.88. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.09.

Annaly Capital Management Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 31st. Shareholders of record on Friday, December 29th were issued a $0.65 dividend. The ex-dividend date was Thursday, December 28th. This represents a $2.60 annualized dividend and a dividend yield of 13.50%. Annaly Capital Management’s dividend payout ratio is currently -55.44%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on NLY shares. UBS Group reaffirmed a “neutral” rating and issued a $19.00 price target on shares of Annaly Capital Management in a report on Wednesday, December 6th. StockNews.com raised shares of Annaly Capital Management from a “sell” rating to a “hold” rating in a research note on Saturday, January 27th. Keefe, Bruyette & Woods boosted their target price on shares of Annaly Capital Management from $17.00 to $21.50 and gave the company an “outperform” rating in a research note on Wednesday, December 13th. Finally, Royal Bank of Canada boosted their target price on shares of Annaly Capital Management from $18.00 to $21.00 and gave the company an “outperform” rating in a research note on Friday, January 5th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $21.07.

View Our Latest Stock Report on NLY

Institutional Investors Weigh In On Annaly Capital Management

Several institutional investors have recently made changes to their positions in NLY. Lazard Asset Management LLC lifted its holdings in shares of Annaly Capital Management by 1,834.5% during the 4th quarter. Lazard Asset Management LLC now owns 1,683 shares of the real estate investment trust’s stock valued at $35,000 after buying an additional 1,596 shares during the last quarter. Aspire Private Capital LLC increased its position in shares of Annaly Capital Management by 506.7% during the first quarter. Aspire Private Capital LLC now owns 3,282 shares of the real estate investment trust’s stock valued at $63,000 after purchasing an additional 2,741 shares during the period. UniSuper Management Pty Ltd bought a new stake in shares of Annaly Capital Management during the second quarter valued at approximately $64,000. Ethic Inc. bought a new stake in shares of Annaly Capital Management during the first quarter valued at approximately $71,000. Finally, Natixis bought a new stake in shares of Annaly Capital Management during the fourth quarter valued at approximately $75,000. 49.16% of the stock is currently owned by institutional investors and hedge funds.

About Annaly Capital Management

(Get Free Report)

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; residential mortgage loans; and agency or private label credit risk transfer securities.

Further Reading

Earnings History for Annaly Capital Management (NYSE:NLY)

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