Annaly Capital Management (NYSE:NLY) is a prominent player in the real estate investment trust (REIT) sector, focusing on mortgage-backed securities. The company operates within the Zacks REIT and Equity Trust industry, competing with other major REITs. On January 29, 2026, Wells Fargo maintained an "Overweight" rating for NLY, with a "hold" action, and raised its price target from $23 to $25. At that time, the stock was priced at $23.91.

Annaly's recent financial performance has been noteworthy. The company reported quarterly earnings of $0.74 per share, surpassing the Zacks Consensus Estimate of $0.72. This represents a +3.25% earnings surprise, an improvement from the $0.72 per share reported in the same quarter last year. Over the past four quarters, Annaly has consistently exceeded consensus EPS estimates, showcasing its ability to deliver strong earnings.

Despite the positive earnings, Annaly faced challenges in meeting revenue expectations. The company reported revenues of $366.58 million for the quarter ending December 2025, falling short of the Zacks Consensus Estimate by 21.84%. However, this is a significant increase from the $187.29 million in revenues from the same period last year. Annaly has not surpassed consensus revenue estimates in the last four quarters.

Currently, NLY's stock is priced at $23.84, reflecting a decrease of 1.69% or $0.41. The stock has fluctuated between a low of $23.72 and a high of $24.25 during the day. Over the past year, NLY has reached a high of $24.52 and a low of $16.60. The company has a market capitalization of approximately $16.28 billion and has seen a trading volume of 4,775,668 shares on the NYSE.