Annaly Capital Management (NLY) Stock Forecast, Price Target & Predictions
NLY Stock Forecast
Annaly Capital Management stock forecast is as follows: an average price target of $25.00 (represents a 27.42% upside from NLY’s last price of $19.62) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
NLY Price Target
The average price target for Annaly Capital Management (NLY) is $25.00 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $34.00 to $20.50. This represents a potential 27.42% upside from NLY's last price of $19.62.
NLY Analyst Ratings
According to 7 Wall Street analysts, Annaly Capital Management's rating consensus is 'Buy'. The analyst rating breakdown for NLY stock is 0 'Strong Buy' (0.00%), 7 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Annaly Capital Management Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 31, 2024 | Kevin Heal | Argus Research | $21.00 | $19.01 | 10.47% | 7.03% |
| Sep 20, 2024 | Donald Fandetti | Wells Fargo | $23.00 | $20.80 | 10.58% | 17.23% |
| Aug 16, 2024 | Crispin Love | Piper Sandler | $20.50 | $20.09 | 2.07% | 4.49% |
| May 02, 2023 | Crispin Love | Piper Sandler | $21.50 | $18.88 | 13.88% | 9.58% |
| Dec 19, 2022 | Jason Stewart | JonesTrading | $22.50 | $21.39 | 5.19% | 14.68% |
| Apr 27, 2022 | - | Barclays | $28.00 | $25.44 | 10.06% | 42.71% |
| Apr 25, 2022 | - | J.P. Morgan | $26.00 | $25.54 | 1.79% | 32.52% |
| Oct 28, 2021 | Bose George | KBW | $34.00 | $32.36 | 5.07% | 73.29% |
The latest Annaly Capital Management stock forecast, released on Oct 31, 2024 by Kevin Heal from Argus Research, set a price target of $21.00, which represents a 10.47% increase from the stock price at the time of the forecast ($19.01), and a 7.03% increase from NLY last price ($19.62).
Annaly Capital Management Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 3 |
| Avg Price Target | $21.00 | $21.50 | $21.50 |
| Last Closing Price | $19.62 | $19.62 | $19.62 |
| Upside/Downside | 7.03% | 9.58% | 9.58% |
In the current month, the average price target of Annaly Capital Management stock is $21.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 7.03% increase as opposed to Annaly Capital Management's last price of $19.62. This month's average price target is down -2.33% compared to last quarter, and down -2.33% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 17, 2024 | Wells Fargo | Buy | Buy | Hold |
| Oct 17, 2024 | Compass Point | Underperform | Underperform | Hold |
| Sep 20, 2024 | Wells Fargo | Buy | Buy | Hold |
| Sep 20, 2024 | Compass Point | Underperform | Underperform | Hold |
| Sep 20, 2024 | Wells Fargo | - | Overweight | Upgrade |
| Aug 16, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Jul 26, 2024 | Compass Point | Buy | Buy | Hold |
| Jun 06, 2024 | Janney Montgomery | - | Buy | Initialise |
| Apr 02, 2024 | Compass Point | - | Buy | Initialise |
| Nov 08, 2023 | JMP Securities | Market Outperform | Market Outperform | Hold |
Annaly Capital Management's last stock rating was published by Wells Fargo on Oct 17, 2024. The company gave NLY a "Buy" rating, the same as its previous rate.
Annaly Capital Management Financial Forecast
Annaly Capital Management Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $-543.03M | $209.27M | $-803.18M | $-1.06B | $-240.57M | $925.30M | $2.09B | $455.88M | $550.30M | $-238.90M | $1.90B | $896.50M | $1.04B | $979.48M | $427.94M | $1.25B | $18.19M |
| Avg Forecast | $527.54M | $524.98M | $520.56M | $515.55M | $490.15M | $478.35M | $473.12M | $457.39M | $418.03M | $495.16M | $462.85M | $548.05M | $-120.16M | $286.00M | $363.86M | $196.97M | $361.94M | $396.91M | $365.88M | $419.13M | $388.30M | $329.50M | $421.01M | $501.44M | $459.59M | $445.06M | $399.12M | $412.52M | $418.23M | $416.20M |
| High Forecast | $602.69M | $599.77M | $594.72M | $588.99M | $559.98M | $546.49M | $540.52M | $662.85M | $646.04M | $565.69M | $462.85M | $548.05M | $-103.03M | $316.58M | $415.70M | $225.03M | $413.50M | $396.91M | $365.88M | $419.13M | $388.30M | $329.50M | $421.01M | $501.44M | $459.59M | $445.06M | $399.12M | $412.52M | $418.23M | $416.20M |
| Low Forecast | $452.32M | $450.13M | $446.34M | $442.04M | $420.26M | $410.14M | $405.66M | $251.92M | $190.01M | $424.55M | $462.85M | $548.05M | $-137.28M | $258.93M | $311.98M | $168.88M | $310.33M | $396.91M | $365.88M | $419.13M | $388.30M | $329.50M | $421.01M | $501.44M | $459.59M | $445.06M | $399.12M | $412.52M | $418.23M | $416.20M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 1 | 1 | 1 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.90% | 0.58% | -4.08% | -2.94% | -0.61% | 2.53% | 5.00% | 1.17% | 1.67% | -0.57% | 3.78% | 1.95% | 2.35% | 2.45% | 1.04% | 2.98% | 0.04% |
Annaly Capital Management's average Quarter revenue forecast for Dec 23 based on 1 analysts is $-120.16M, with a low forecast of $-137.28M, and a high forecast of $-103.03M. NLY's average Quarter revenue forecast represents a -77.87% decrease compared to the company's last Quarter revenue of $-543.03M (Sep 23).
Annaly Capital Management EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 1 | 1 | 1 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-389.50M | $-556.69M | $175.46M | $-34.44M | $-243.44M | $125.65M | $1.07B | $2.13B | $487.45M | $566.28M | $-220.15M | $1.83B | $971.38M | $1.15B | $1.05B | $-3.16B | $1.84B | $20.51M |
| Avg Forecast | $514.54M | $512.05M | $507.73M | $502.85M | $478.08M | $466.56M | $461.46M | $446.12M | $407.73M | $482.96M | $451.44M | $534.54M | $-117.20M | $278.95M | $354.90M | $192.11M | $353.02M | $387.13M | $356.86M | $408.81M | $378.73M | $321.38M | $410.63M | $489.09M | $448.26M | $434.09M | $389.29M | $-3.30B | $407.93M | $405.94M |
| High Forecast | $587.84M | $584.99M | $580.06M | $574.48M | $546.18M | $533.02M | $527.20M | $646.52M | $630.12M | $551.76M | $451.44M | $534.54M | $-100.49M | $308.78M | $405.46M | $219.48M | $403.32M | $387.13M | $356.86M | $408.81M | $378.73M | $321.38M | $410.63M | $489.09M | $448.26M | $434.09M | $389.29M | $-2.64B | $407.93M | $405.94M |
| Low Forecast | $441.17M | $439.04M | $435.34M | $431.15M | $409.91M | $400.03M | $395.66M | $245.71M | $185.33M | $414.09M | $451.44M | $534.54M | $-133.90M | $252.55M | $304.29M | $164.72M | $302.69M | $387.13M | $356.86M | $408.81M | $378.73M | $321.38M | $410.63M | $489.09M | $448.26M | $434.09M | $389.29M | $-3.96B | $407.93M | $405.94M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 3.32% | -2.00% | 0.49% | -0.18% | -0.69% | 0.32% | 2.99% | 5.21% | 1.29% | 1.76% | -0.54% | 3.75% | 2.17% | 2.65% | 2.71% | 0.96% | 4.50% | 0.05% |
5 analysts predict NLY's average Quarter EBITDA for Sep 23 to be $278.95M, with a high of $308.78M and a low of $252.55M. This is 58.98% upper than Annaly Capital Management's previous annual EBITDA (Jun 23) of $175.46M.
Annaly Capital Management Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 1 | 1 | 1 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-403.74M | $-562.21M | $167.03M | $-839.33M | $-886.81M | $-273.98M | $866.70M | $2.02B | $418.46M | $519.24M | $-294.85M | $1.75B | $877.22M | $1.02B | $856.20M | $-3.64B | $1.21B | $-747.17M |
| Avg Forecast | $366.25M | $359.00M | $354.68M | $352.90M | $355.27M | $347.70M | $351.97M | $343.91M | $338.87M | $338.25M | $329.29M | $326.53M | $326.98M | $342.51M | $376.08M | $1.66B | $421.87M | $495.73M | $495.58M | $1.78B | $536.65M | $533.63M | $543.88M | $1.55B | $577.05M | $525.61M | $446.49M | $-3.81B | $491.48M | $500.49M |
| High Forecast | $434.08M | $425.49M | $420.37M | $418.25M | $421.07M | $412.09M | $417.15M | $354.50M | $348.98M | $338.92M | $329.30M | $326.65M | $332.09M | $352.44M | $445.73M | $2.00B | $506.25M | $495.73M | $495.58M | $2.14B | $536.65M | $533.63M | $562.53M | $1.86B | $577.05M | $525.61M | $446.49M | $-3.04B | $491.48M | $500.49M |
| Low Forecast | $298.36M | $292.46M | $288.94M | $287.49M | $289.42M | $283.25M | $286.73M | $328.04M | $323.69M | $337.57M | $329.29M | $326.41M | $311.66M | $322.66M | $306.37M | $1.33B | $337.50M | $495.73M | $495.58M | $1.42B | $536.65M | $533.63M | $525.23M | $1.24B | $577.05M | $525.61M | $446.49M | $-4.57B | $491.48M | $500.49M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -1.23% | -1.64% | 0.44% | -0.50% | -2.10% | -0.55% | 1.75% | 1.14% | 0.78% | 0.97% | -0.54% | 1.13% | 1.52% | 1.93% | 1.92% | 0.96% | 2.46% | -1.49% |
Annaly Capital Management's average Quarter net income forecast for Sep 23 is $342.51M, with a range of $322.66M to $352.44M. NLY's average Quarter net income forecast represents a 105.06% increase compared to the company's last Quarter net income of $167.03M (Jun 23).
Annaly Capital Management SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 1 | 1 | 1 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $9.40M | $9.85M | $42.91M | $40.83M | $43.01M | $37.92M | $36.04M | $45.76M | $40.70M | $43.88M | $53.53M | $49.70M | $45.07M | $48.83M | $67.67M | $77.63M | $73.35M | $66.14M |
| Avg Forecast | $-45.72M | $-45.50M | $-45.12M | $-44.68M | $-42.48M | $-41.46M | $-41.01M | $-39.64M | $-36.23M | $-42.92M | $-40.12M | $-47.50M | $10.42M | $-24.79M | $-31.54M | $37.65M | $41.33M | $-34.40M | $-31.71M | $40.27M | $-33.66M | $-28.56M | $-36.49M | $43.96M | $-39.83M | $-38.57M | $-34.59M | $81.16M | $-36.25M | $-36.07M |
| High Forecast | $-39.20M | $-39.01M | $-38.69M | $-38.31M | $-36.43M | $-35.55M | $-35.16M | $-21.83M | $-16.47M | $-36.80M | $-40.12M | $-47.50M | $11.90M | $-22.44M | $-27.04M | $45.19M | $49.59M | $-34.40M | $-31.71M | $48.33M | $-33.66M | $-28.56M | $-36.49M | $52.75M | $-39.83M | $-38.57M | $-34.59M | $97.39M | $-36.25M | $-36.07M |
| Low Forecast | $-52.24M | $-51.98M | $-51.55M | $-51.05M | $-48.54M | $-47.37M | $-46.85M | $-57.45M | $-55.99M | $-49.03M | $-40.12M | $-47.50M | $8.93M | $-27.44M | $-36.03M | $30.12M | $33.06M | $-34.40M | $-31.71M | $32.22M | $-33.66M | $-28.56M | $-36.49M | $35.17M | $-39.83M | $-38.57M | $-34.59M | $64.93M | $-36.25M | $-36.07M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | -0.40% | -1.36% | 1.08% | 1.04% | -1.10% | -1.14% | 1.14% | -1.21% | -1.54% | -1.47% | 1.13% | -1.13% | -1.27% | -1.96% | 0.96% | -2.02% | -1.83% |
Annaly Capital Management's average Quarter SG&A projection for Mar 24 is $-47.50M, based on 1 Wall Street analysts, with a range of $-47.50M to $-47.50M. The forecast indicates a -605.38% fall compared to NLY last annual SG&A of $9.40M (Dec 23).
Annaly Capital Management EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 1 | 1 | 1 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.81 | $-1.14 | $0.27 | $-1.71 | $-1.89 | $-0.64 | $2.20 | $5.48 | $1.15 | $1.44 | $-0.84 | $5.01 | $2.51 | $2.89 | $2.41 | $-10.18 | $3.38 | $-2.06 |
| Avg Forecast | $0.72 | $0.71 | $0.70 | $0.70 | $0.70 | $0.69 | $0.69 | $0.68 | $0.67 | $0.67 | $0.65 | $0.64 | $0.65 | $0.68 | $0.74 | $0.76 | $0.88 | $0.99 | $0.99 | $1.01 | $1.07 | $1.07 | $1.09 | $1.05 | $1.15 | $1.05 | $0.89 | $0.83 | $0.98 | $1.00 |
| High Forecast | $0.86 | $0.84 | $0.83 | $0.83 | $0.83 | $0.81 | $0.82 | $0.70 | $0.69 | $0.67 | $0.65 | $0.64 | $0.66 | $0.70 | $0.88 | $0.90 | $1.05 | $0.99 | $0.99 | $1.01 | $1.07 | $1.07 | $1.12 | $1.05 | $1.15 | $1.05 | $0.89 | $0.83 | $0.98 | $1.00 |
| Low Forecast | $0.59 | $0.58 | $0.57 | $0.57 | $0.57 | $0.56 | $0.57 | $0.65 | $0.64 | $0.67 | $0.65 | $0.64 | $0.62 | $0.64 | $0.60 | $0.62 | $0.72 | $0.99 | $0.99 | $1.01 | $1.07 | $1.07 | $1.05 | $1.05 | $1.15 | $1.05 | $0.89 | $0.83 | $0.98 | $1.00 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -1.25% | -1.69% | 0.36% | -2.25% | -2.14% | -0.65% | 2.22% | 5.41% | 1.07% | 1.35% | -0.77% | 4.75% | 2.18% | 2.75% | 2.70% | -12.27% | 3.45% | -2.06% |
According to 5 Wall Street analysts, Annaly Capital Management's projected average Quarter EPS for Sep 23 is $0.68, with a low estimate of $0.64 and a high estimate of $0.70. This represents a 150.40% increase compared to NLY previous annual EPS of $0.27 (Jun 23).
Annaly Capital Management Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NYMT | New York Mortgage Trust | $5.80 | $21.25 | 266.38% | Hold |
| ACRE | Ares Commercial Real Estate | $7.12 | $11.50 | 61.52% | Hold |
| TWO | Two Harbors Investment | $11.61 | $15.50 | 33.51% | Buy |
| NLY | Annaly Capital Management | $19.62 | $25.00 | 27.42% | Buy |
| STWD | Starwood Property Trust | $19.44 | $24.50 | 26.03% | Buy |
| RITM | Rithm Capital | $10.74 | $12.67 | 17.97% | Buy |
| AGNC | AGNC Investment | $9.52 | $10.63 | 11.66% | Buy |
| ABR | Arbor Realty Trust | $15.32 | $15.38 | 0.39% | Buy |
| IVR | Invesco Mortgage Capital | $8.22 | $7.13 | -13.26% | Hold |
| ARR | ARMOUR Residential REIT | $19.02 | $11.50 | -39.54% | Hold |
| CIM | Chimera Investment | $14.82 | $7.25 | -51.08% | Hold |