Analyst Price Target is $21.33
▲ +9.51% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Annaly Capital Management in the last 3 months. The average price target is $21.33, with a high forecast of $23.50 and a low forecast of $19.00. The average price target represents a 9.51% upside from the last price of $19.48.
Current Consensus is
Moderate Buy
The current consensus among 10 investment analysts is to moderate buy stock in Annaly Capital Management. This Moderate Buy consensus rating has held steady for over two years.
Annaly Capital Management, Inc., a diversified capital manager, engages in mortgage finance. The company invests in agency mortgage-backed securities collateralized by residential mortgages; non-agency residential whole loans and securitized products within the residential and commercial markets; mortgage servicing rights; agency commercial mortgage-backed securities; to-be-announced forward contracts; residential mortgage loans; and agency or private label credit risk transfer securities. It 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. The company was incorporated in 1996 and is based in New York, New York.
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