Analyst Price Target is $7.75
▲ +21.47% 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 $7.75, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 21.47% upside from the last price of $6.38.
Current Consensus is
The current consensus among 6 polled investment analysts is to hold stock in Annaly Capital Management. This Hold consensus rating has held steady for over two years.
Annaly Capital Management, Inc., a diversified capital manager, engages in mortgage finance and corporate middle market lending. The company invests in agency mortgage-backed securities, mortgage servicing rights, Agency commercial mortgage-backed securities, non-Agency residential mortgage assets, residential mortgage loans, credit risk transfer securities, corporate debts, and other commercial real estate investments. 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 founded in 1996 and is based in New York, New York.