Recent Analysts’ Ratings Updates for Annaly Capital Management (NLY)

Several brokerages have updated their recommendations and price targets on shares of Annaly Capital Management (NYSE: NLY) in the last few weeks:

• 5/2/2026 – Annaly Capital Management was upgraded by Wall Street Zen from “sell” to “hold”.
• 4/24/2026 – Annaly Capital Management had its “neutral” rating reaffirmed by UBS Group AG. They now have a $23.00 price target on the stock, up from $22.50.
• 4/23/2026 – Annaly Capital Management had its price target raised by JPMorgan Chase & Co. from $23.00 to $24.00. They now have an “overweight” rating on the stock.
• 4/22/2026 – Annaly Capital Management had its “buy” rating reaffirmed by JonesTrading. They now have a $25.00 price target on the stock.
• 4/16/2026 – Annaly Capital Management had its price target lowered by JPMorgan Chase & Co. from $25.00 to $23.00. They now have an “overweight” rating on the stock.
• 4/11/2026 – Annaly Capital Management was downgraded by Wall Street Zen from “hold” to “sell”.
• 4/2/2026 – Annaly Capital Management had its price target lowered by Piper Sandler from $25.00 to $22.00. They now have an “overweight” rating on the stock.

Annaly Capital Management Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, March 31st were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 12.5%. The ex-dividend date of this dividend was Tuesday, March 31st. Annaly Capital Management’s dividend payout ratio (DPR) is currently 94.59%.

Insider Activity

In other Annaly Capital Management news, CFO Serena Wolfe sold 16,536 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $23.14, for a total value of $382,643.04. Following the transaction, the chief financial officer directly owned 173,081 shares in the company, valued at $4,005,094.34. This represents a 8.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Steven Francis Campbell sold 28,225 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $23.12, for a total transaction of $652,562.00. Following the transaction, the chief operating officer directly owned 204,491 shares in the company, valued at approximately $4,727,831.92. This trade represents a 12.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 71,252 shares of company stock worth $1,639,995 in the last ninety days. 0.22% of the stock is currently owned by insiders.

Annaly Capital Management, Inc is a publicly traded real estate investment trust (REIT) that specializes in generating income through investment in mortgage-related assets. The company’s core business activities include the acquisition, financing, and management of a diversified portfolio of agency and non-agency residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), and other real estate debt instruments. Annaly seeks to profit from the spread between the interest earned on its mortgage investments and its cost of funds, as well as from capital gains realized through active portfolio management.

Founded in 1997 and headquartered in New York City, Annaly has grown to become one of the largest mortgage REITs in the United States.