Annaly Capital Management (NLY) to Release Earnings on Wednesday

Annaly Capital Management (NYSE:NLY) is expected to issue its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 30th. Analysts expect Annaly Capital Management to post earnings of $0.70 per share and revenue of $418.04 million for the quarter.

Annaly Capital Management (NYSE:NLY) last issued its quarterly earnings data on Wednesday, January 29th. The real estate investment trust reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.05. Annaly Capital Management had a net margin of 20.70% and a return on equity of 14.95%. On average, analysts expect Annaly Capital Management to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Annaly Capital Management Stock Performance

Annaly Capital Management stock opened at $18.34 on Wednesday. The business’s 50-day simple moving average is $20.35 and its 200-day simple moving average is $19.81. The firm has a market capitalization of $10.96 billion, a PE ratio of 11.53, a PEG ratio of 4.89 and a beta of 1.31. Annaly Capital Management has a 52 week low of $16.60 and a 52 week high of $22.11.

Annaly Capital Management Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be issued a $0.70 dividend. This is a boost from Annaly Capital Management’s previous quarterly dividend of $0.65. The ex-dividend date is Monday, March 31st. This represents a $2.80 annualized dividend and a yield of 15.27%. Annaly Capital Management’s dividend payout ratio is 176.10%.

Analyst Upgrades and Downgrades

NLY has been the subject of several recent analyst reports. JMP Securities reaffirmed a “market perform” rating on shares of Annaly Capital Management in a report on Thursday, January 23rd. Keefe, Bruyette & Woods cut their price objective on Annaly Capital Management from $21.00 to $20.15 and set an “outperform” rating for the company in a research report on Tuesday, April 8th. Royal Bank of Canada restated an “outperform” rating and set a $22.00 target price on shares of Annaly Capital Management in a report on Monday, February 10th. JPMorgan Chase & Co. dropped their price objective on shares of Annaly Capital Management from $21.00 to $19.00 and set an “overweight” rating for the company in a research report on Wednesday, April 16th. Finally, Barclays started coverage on Annaly Capital Management in a report on Monday, January 6th. They set an “equal weight” rating and a $19.00 price objective for the company. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $21.07.

Annaly Capital Management Company Profile

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.