The Attractiveness of Investing In Annaly Capital Management Inc. (NLY) is Growing


In a filing, Annaly Capital Management Inc. revealed its CEO and President Finkelstein David L acquired Company’s shares for reported $1.11 million on Jun 17. In the deal valued at $5.56 per share,200,000 shares were bought. As a result of this transaction, Finkelstein David L now holds 1,669,013 shares worth roughly $ 34.52 million.

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Argus downgraded its Annaly Capital Management Inc. [NLY] rating to a Hold from a a Buy in a research note published on Tuesday. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in late October from “an Equal weight” to “an Overweight”. Keefe Bruyette also remained covering NLY and has increased its forecast on June 09, 2022 with a “an Outperform” recommendation from previously “Mkt perform” rating. BofA Securities revised its rating on February 14, 2022. It rated NLY as “a Neutral” which previously was an “a Buy”.

Price Performance Review of NLY

On Tuesday, Annaly Capital Management Inc. [NYSE:NLY] saw its stock fall -0.14% to $20.68. On the same session, the stock had its day’s lowest price of $20.57, but rose to a high of $20.74. Over the last five days, the stock has lost -0.96%. Annaly Capital Management Inc. shares have fallen nearly -1.90% since the year began. Nevertheless, the stocks have fallen -26.35% over the past one year. While a 52-week high of $29.88 was reached on 02/02/23, a 52-week low of $15.11 was recorded on 02/28/23. SMA at 50 days reached $22.17, while 200 days put it at $22.90. A total of 5.2 million shares were traded, compared to the trading of 4.46 million shares in the previous session.

Levels Of Support And Resistance For NLY Stock

The 24-hour chart illustrates a support level at 20.59, which if violated will result in even more drops to 20.49. On the upside, there is a resistance level at 20.76. A further resistance level may holdings at 20.83. The Relative Strength Index (RSI) on the 14-day chart is 34.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.39%. Stochastics %K at 3.74% indicates the stock is a buying.

How much short interest is there in Annaly Capital Management Inc.?

A steep rise in short interest was recorded in Annaly Capital Management Inc. stocks on Jan 30, 2023, dropping by -9.85 million shares to a total of 14.01 million shares. Yahoo Finance data shows the prior-month short interest on Dec 29, 2022 was 23.86 million shares. There was a decline of -70.31%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 3.00% of the overall stock float, the days-to-cover ratio (short ratio) fell to 2.26.

Annaly Capital Management Inc. [NLY] – Who Are The Largest Shareholders?

In filings from BlackRock Fund Advisors, it is revealed that the company now owns 45,033,250 shares, or roughly 9.63% of the outstanding NLY shares. In other words, the investor’s shares have risen by 20,866,380 from its previous 13-F filing of 24166870.0. Additionally, The Vanguard Group, Inc. increased 9.01% of its stake after which the total value it holdings stand at $1,028,633,702, while SSgA Funds Management, Inc. added 8.79% of its stake to hold $363.97 million in the firm. Over the last quarter, Allspring Global Investments LLC purchased 71,895 shares of Annaly Capital Management Inc., while Marshall Wace LLP bought -976,200 shares. At present, Geode Capital Management LLC is holding 7,326,340 shares valued at $171.95 million. Northern Trust Investments, Inc. owned 4,265,192 shares of the company at the time of its most recent 13F filing, worth $100.1 million.

According to FactSet, Annaly Capital Management Inc.’s share price will average $22.98 in the next year, based on opinions of analysts polled by the firm. This is up nearly 9.85 percent from its previous closing price of $20.71. Analysts expect Annaly Capital Management Inc. stock to reach the higher price of $24.50, while the lowest price estimate is $22.00. However, 13 analysts have rated NLY stock as an Overweight in their predictions for 2023.


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