Analyst Price Target is $8.91
▼ -2.98% Downside Potential
This price target is based on 8 analysts offering 12 month price targets for Annaly Capital Management in the last 3 months. The average price target is $8.91, with a high forecast of $10.00 and a low forecast of $8.00. The average price target represents a -2.98% upside from the last price of $9.18.
Current Consensus is
The current consensus among 8 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., a diversified capital manager, invests in and finances residential and commercial assets. The company invests in various types of agency mortgage-backed securities, non-agency residential mortgage assets, and residential mortgage loans; and originates and invests in commercial mortgage loans, securities, and other commercial real estate investments. Annaly Capital Management, Inc. also provides financing to private equity-backed middle market businesses; and operates as a broker-dealer. The company 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. Annaly Capital Management, Inc. was founded in 1996 and is based in New York, New York.