Annaly Capital Management Inc. found using ticker (NLY) have now 9 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 24.5 and 22 and has a mean target at 22.97. With the stocks previous close at 20.37 this is indicating there is a potential upside of 12.8%. The 50 day moving average now sits at 21.91 while the 200 day moving average is 22.7. The market cap for the company is $9,502m. You can visit the company’s website by visiting: https://www.annaly.com
The potential market cap would be $10,715m based on the market concensus.
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. It has elected to be taxed as a real estate investment trust (REIT). As a REIT, it is not subject to federal income tax to the extent that it distributes its taxable income to its shareholders. The company was incorporated in 1996 and is based in New York, New York.
