Analyst Price Target is $9.04
▲ +2.05% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Annaly Capital Management in the last 3 months. The average price target is $9.04, with a high forecast of $9.50 and a low forecast of $8.50. The average price target represents a 2.05% upside from the last price of $8.86.
Current Consensus is
The current consensus among 6 polled investment analysts is to buy stock in Annaly Capital Management. This Buy consensus rating has held steady for over two years.
Annaly Capital Management, Inc. engages in the investment and financing of residential and commercial assets. It operates through the following investment groups: Agency, Residential Credit, Commercial Credit and Middle Market Lending. The Agency group invests in agency mortgage-backed securities. The Residential Credit group involves non-agency residential mortgage assets within securitized products and whole loan markets. The Commercial Real Estate group includes commercial mortgage, loans, securities, and other commercial real estate debt and equity investments. The Middle Market Lending group provides financing to private equity backed middle market businesses across the capital structures. The company was founded by Michael A. J. Farrell and Wellington Jamie Denahan-Norris on February 18, 1997 and is headquartered in New York, NY.