Annaly Capital Management Inc (NYSE:NLY) shares traded -0.26% lower at $19.23 on Wall Street last session.
NLY stock price is now -3.59% away from the 50-day moving average and -3.29% away from the 200-day moving average. The market capitalization of the company currently stands at $11.49B.
With the price target of $19, Barclays recently initiated with Equal Weight rating for Annaly Capital Management Inc (NYSE: NLY). On October 31, 2024, Argus Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $21, while ‘Wells Fargo’ rates the stock as ‘Overweight’
In other news, Finkelstein David L, CEO and Co-CIO sold 50,000 shares of the company’s stock on May 05 ’25. The stock was sold for $963,500 at an average price of $19.27. Upon completion of the transaction, the CEO and Co-CIO now directly owns 760,769 shares in the company, valued at $14.63 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 10 ’25, CEO and Co-CIO Finkelstein David L sold 50,000 shares of the business’s stock. A total of $1,030,000 was realized by selling the stock at an average price of $20.60. This leaves the insider owning 677,465 shares of the company worth $13.03 million. A total of 0.30% of the company’s stock is owned by insiders.
During the past 12 months, Annaly Capital Management Inc has had a low of $16.59 and a high of $22.11.
The net profit margin was 8.03% and return on equity was 5.44% for NLY. The company reported revenue of $1.32 billion for the quarter, compared to $1.09 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 20.34 percent.
