Annaly Capital Management
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 filings 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]
72% more repeat investments, than reductions
Existing positions increased: 250 | Existing positions reduced: 145
22% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 77
4.72% more ownership
Funds ownership: 54.17% [Q3] → 58.9% (+4.72%) [Q4]
3% more capital invested
Capital invested by funds: $5.86B [Q3] → $6.06B (+$203M) [Q4]
3% less funds holding
Funds holding: 605 [Q3] → 588 (-17) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
RBC Capital Kenneth Lee 84% 1-year accuracy 47 / 56 met price target | 2%upside $22 | Outperform Reiterated | 10 Feb 2025 |
JP Morgan Richard Shane 77% 1-year accuracy 49 / 64 met price target | 3%downside $21 | Overweight Maintained | 31 Jan 2025 |
Jones Trading Jason Weaver 81% 1-year accuracy 39 / 48 met price target | 3%downside $21 | Buy Maintained | 31 Jan 2025 |
Barclays Mark Devries 92% 1-year accuracy 22 / 24 met price target | 12%downside $19 | Equal-Weight Initiated | 6 Jan 2025 |
Financial journalist opinion
Based on 22 articles about NLY published over the past 30 days
