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Annaly Capital Management (NYSE:NLY) declared a quarterly dividend on Thursday, June 19th, Analyst Ratings.Net reports. Investors of record on Tuesday, July 1st will be given a dividend of 0.30 per share on Thursday, July 31st. This represents a $1.20 dividend on an annualized basis and a yield of 10.37%. The ex-dividend date of this dividend is Friday, June 27th.

A number of research firms have recently commented on NLY. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Annaly Capital Management in a research note on Thursday, June 12th. They now have a $12.00 price target on the stock, up previously from $11.50. On the ratings front, analysts at Portales Partners upgraded shares of Annaly Capital Management from a “sector perform” rating to an “outperform” rating in a research note on Thursday, May 8th. Finally, analysts at Bank of America reiterated an “underperform” rating on shares of Annaly Capital Management in a research note on Thursday, May 8th. They now have a $10.00 price target on the stock, up previously from $8.50. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $11.84.

Annaly Capital Management (NYSE:NLY) traded up 0.43% on Thursday, hitting $11.57. 5,198,072 shares of the company’s stock traded hands. Annaly Capital Management has a 52 week low of $9.66 and a 52 week high of $13.69. The stock has a 50-day moving average of $11.62 and a 200-day moving average of $10.96. The company has a market cap of $10.963 billion and a P/E ratio of 4.29. Annaly Capital Management also was the target of a significant growth in short interest during the month of May. As of May 30th, there was short interest totalling 21,421,402 shares, a growth of 11.7% from the May 15th total of 19,179,082 shares. Currently, 2.3% of the company’s stock are sold short. Based on an average trading volume of 7,299,291 shares, the days-to-cover ratio is presently 2.9 days.

Annaly Capital Management (NYSE:NLY) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.23 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.28 by $0.05. During the same quarter last year, the company posted $0.47 earnings per share. Analysts expect that Annaly Capital Management will post $1.09 EPS for the current fiscal year.

Annaly Capital Management, Inc (NYSE:NLY) owns, manage, and finance a portfolio of real estate related investments, including mortgage pass-through certificates, collateralized mortgage obligations (CMOs), Agency callable debentures, and other securities representing interests in or obligations backed by pools of mortgage loans.

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