Analysts predict Annaly Capital Management Inc (NLY) stock to reach $25 in the next 12 months

Annaly Capital Management Inc [NLY] stock is trading at $19.75, up 0.15%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NLY shares have gain 1.39% over the last week, with a monthly amount drifted -0.55%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Annaly Capital Management Inc [NYSE: NLY] stock has seen the most recent analyst activity on October 31, 2024, when Argus upgraded its rating to a Buy but kept the price target unchanged to $21 for it. Previously, Wells Fargo upgraded its rating to Overweight on September 20, 2024, and elevated its price target to $23. On June 06, 2024, Janney initiated with a Buy rating and assigned a price target of $21 on the stock. Compass Point started tracking the stock assigning a Buy rating and suggested a price target of $22 on April 02, 2024. UBS upgraded its rating to Buy for this stock on September 18, 2023, and upped its price target to $24. In a note dated May 02, 2023, Piper Sandler upgraded an Overweight rating on this stock and boosted its target price from $20 to $21.50.

Annaly Capital Management Inc [NLY] stock has fluctuated between $17.23 and $21.11 over the past year. Currently, Wall Street analysts expect the stock to reach $25 within the next 12 months. Annaly Capital Management Inc [NYSE: NLY] shares were valued at $19.75 at the most recent close of the market. An investor can expect a potential return of 26.58% based on the average NLY price forecast.

Analyzing the NLY fundamentals

Annaly Capital Management Inc [NYSE:NLY] reported sales of 5.85B for the trailing twelve months, which represents a drop of -27.66%. Gross Profit Margin for this corporation currently stands at 0.99% with Operating Profit Margin at 0.57%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.59.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.62 points at the first support level, and at 19.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.89, and for the 2nd resistance point, it is at 20.02.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 1.89, the price to book ratio is 1.01.

Transactions by insiders

Recent insider trading involved Finkelstein David L, CEO and CIO, that happened on Oct 28 ’24 when 50000.0 shares were sold. CEO and CIO, Finkelstein David L completed a deal on Aug 16 ’24 to sell 50000.0 shares. Meanwhile, Chief Corporate Officer, CLO Green Anthony C sold 50000.0 shares on Aug 16 ’24.

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