News about Annaly Capital

JonesTrading lowered its price target on Annaly Capital Management (NYSE: NLY) from $25.00 to $21.00 and kept a 'buy' rating, a target the firm said implies 16.76% upside from the current price. The stock fell $0.30 to $17.98 on Wednesday, within a 52-week range of $17.70 to $24.52. Annaly reported third-quarter earnings available for distribution of $0.80 per share, above the $0.77 consensus estimate, and declared a quarterly common-stock dividend of $0.75 per share. MarketBeat's consensus rating for the stock is 'Moderate Buy' with a consensus price target of $23.17, and Piper Sandler also recently lowered its target to $21.50.