Zacks Rating on Annaly Capital Management Inc (NLY)

Annaly Capital Management Inc (NLY) : 1 brokerage houses believe that Annaly Capital Management Inc (NLY) is a Strong Buy at current levels. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Annaly Capital Management Inc (NLY). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 8 Wall Street Analysts endorse the stock as a Hold with a rating of 3.

Annaly Capital Management Inc (NLY) : 6 Wall Street analysts covering Annaly Capital Management Inc (NLY) believe that the average level the stock could reach for the short term is $11. The maximum price target given is $12 and the minimum target for short term is around $10, hence the standard deviation is calculated at $0.71.


Shares of Annaly Capital Management, Inc. rose by 0.92% in the last five trading days and 1.02% for the last 4 weeks. Annaly Capital Management, Inc. is up 4.88% in the last 3-month period. Year-to-Date the stock performance stands at 23.77%. Annaly Capital Management Inc (NYSE:NLY): stock turned positive on Tuesday. Though the stock opened at $10.94, the bulls momentum made the stock top out at $10.96 level for the day. The stock recorded a low of $10.85 and closed the trading day at $10.93, in the green by 0.09%. The total traded volume for the day was 4,889,842. The stock had closed at $10.92 in the previous days trading.

Annaly Capital Management, Inc. is a mortgage real estate investment trust (REIT). The Company uses its capital coupled with borrowed funds to invest in real estate related investments, earning the spread between the yield on its assets and the cost of its borrowings. It owns a portfolio of real estate related investments, including mortgage pass-through certificates, collateralized mortgage obligations (CMOs), Agency callable debentures, other securities representing interests in or obligations backed by pools of mortgage loans, commercial real estate assets and corporate debt. The Companys business operations consist of Annaly (the parent company), Annaly Commercial Real Estate Group, Inc. (ACREG), RCap Securities, Inc., Fixed Income Discount Advisory Company (FIDAC), Annaly Middle Market Lending LLC and Shannon Funding LLC.

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