Annaly Capital Management Inc found using ticker (NLY) have now 9 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 9.5 and 8.5 with a mean TP of 8.92. Now with the previous closing price of 8.5 this would indicate that there is a potential upside of 4.9%. There is a 50 day moving average of 8.61 and the 200 day moving average is 8.8. The market cap for the company is $12,353m. Find out more information at: http://www.annaly.com
Annaly Capital Management, a diversified capital manager, invests in and finances residential and commercial assets. The company invests in various types of agency mortgage-backed securities, non-agency residential mortgage assets, and residential mortgage loans; and originates and invests in commercial mortgage loans, securities, and other commercial real estate investments. Annaly Capital Management also provides financing to private equity-backed middle market businesses; and operates as a broker-dealer. The company 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. Annaly Capital Management was founded in 1996 and is based in New York, New York.