Annaly Capital Management Inc. found using ticker (NLY) now have 9 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 24.5 and 20 calculating the mean target price we have 22.53. Now with the previous closing price of 21.69 this now indicates there is a potential upside of 3.9%. The 50 day MA is 22.25 and the 200 moving average now moves to 23.1. The market cap for the company is $10,167m. Visit the company website at: https://www.annaly.com
The potential market cap would be $10,561m based on the market concensus.
Annaly Capital Management, a diversified capital manager, engages in mortgage finance and corporate middle market lending. The company invests in agency mortgage-backed securities, mortgage servicing rights, Agency commercial mortgage-backed securities, non-Agency residential mortgage assets, residential mortgage loans, credit risk transfer securities, corporate debts, and other commercial real estate investments. 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 founded in 1996 and is based in New York, New York.
