Annaly Capital Management (NLY)

• Market cap: $10.5B
• 1 day: 1.53%
• 5 days: 7.92%
• 1 month: -10.19%
• 3 months: -3.18%
• 6 months: -1.44%
• Year to date: 4.52%
• 1 year: 2.78%
• 5 years: -19.29%
• 10 years: -53.05%
• Sector: Real Estate
• Industry: Mortgage REIT

About: Annaly Capital Management Inc is an American mortgage real estate investment trust. Its business objective is to generate net income for distribution to its stockholders and optimize its returns through prudent management of its diversified investment strategies. The company's reportable operating segments are; the Agency segment, which invests in Agency mortgage-backed securities collateralized by residential mortgages; the Residential Credit segment, which invests in non-Agency residential whole loans and securitized products within the residential and commercial markets; the Mortgage Servicing Rights segment; and Corporate & Other. Maximum revenue for the company is generated from its Agency segment.

Employees: 191

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

81% more call options, than puts

Call options by funds: $106M | Put options by funds: $58.6M

75% more funds holding in top 10

Funds holding in top 10: 4 [Q3] → 7 (+3) [Q4]

74% more repeat investments, than reductions

Existing positions increased: 259 | Existing positions reduced: 149

32% more first-time investments, than exits

New positions opened: 103 | Existing positions closed: 78

5.46% more ownership

Funds ownership: 53.57% [Q3] → 59.03% (+5.46%) [Q4]

1% more funds holding

Funds holding: 605 [Q3] → 613 (+8) [Q4]

5% more capital invested

Capital invested by funds: $5.79B [Q3] → $6.07B (+$277M) [Q4]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $19 1% downside
• Avg. target: $21 7% upside
• High target: $22 15% upside

4 analyst ratings

• positive: 4 100%
• neutral: 0 0%
• negative: 0 0%

JP Morgan Richard Shane 44% 1-year accuracy 28 / 64 met price target	1% downside $19	Overweight Maintained	16 Apr 2025
Keefe, Bruyette & Woods Bose George 50% 1-year accuracy 22 / 44 met price target	5% upside $20	Outperform Maintained	8 Apr 2025
RBC Capital Kenneth Lee 22% 1-year accuracy 12 / 54 met price target	15% upside $22	Outperform Reiterated	10 Feb 2025
Jones Trading Jason Weaver 28% 1-year accuracy 16 / 58 met price target	9% upside $21	Buy Maintained	31 Jan 2025