Annaly Capital Management, Inc.

$18.43- (-)1Y −10.14%

As of Oct 15, 2026 close

Market cap: $13.64B
P/E (TTM): 4.76
Forward P/E: 2.26
Dividend yield: 15.74%
52-week range: $17.76$24.52
Volume (live): -
Avg. volume (3M): 12.63M

Annaly Capital Management, Inc. (NLY) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Annaly Capital Management, Inc. stock.

Analyst Consensus Rating

Investment consensus from 10 professional research analysts

Consensus Rating

Buy

Based on 10 unique analysts

(14 total ratings in last 90 days)

High Confidence∞:1 Buy/Sell

Average Price Target

$23.00

+26.17% upside

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Strong Sell

Sell

Hold

Buy

Strong Buy

Latest NLY Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Oct 9, 2026	Crispin Love	Piper Sandler	Maintains	Buy	$25.00 → $21.50 −3.50 (−14.0%)
Oct 7, 2026	Bose George	KBW	Maintains	Buy	$25.00 → $22.00 −3.00 (−12.0%)
Oct 6, 2026	Douglas Harter	BTIG	Maintains	Buy	$24.00 → $21.00 −3.00 (−12.5%)
Oct 5, 2026	Terry Ma	Barclays	Maintains	Hold	$24.00
Sep 29, 2026	Zacks Equity Research	Zacks Equity Research	Initiates Coverage	Hold	-
Sep 11, 2026	Riya Anand	Zacks Equity Research	Initiates Coverage	Buy	-
Jul 29, 2026	Richard Shane	JP Morgan	Maintains	Buy	$24.00
Jul 28, 2026	Richard Shane	JP Morgan	Maintains	Buy	$24.00
Jul 27, 2026	Derek Hewett	BofA Securities	Reiterates	Hold	$22.50
Jul 23, 2026	Bose George	KBW	Reiterates	Buy	$25.00
Jul 23, 2026	Donald Fandetti	Wells Fargo	Reiterates	Buy	$25.00 → $24.00 −1.00 (−4.0%)
Jul 23, 2026	Kenneth Lee	RBC Capital	Maintains	Buy	$25.00
Jul 22, 2026	Crispin Love	Piper Sandler	Maintains	Buy	$25.00
Jul 22, 2026	Douglas Harter	BTIG	Maintains	Buy	$24.00

Crispin Love

Piper Sandler

BuyMaintains

$25.00 → $21.50

Oct 9

Bose George

KBW

BuyMaintains

$25.00 → $22.00

Oct 7

Douglas Harter

BTIG

BuyMaintains

$24.00 → $21.00

Oct 6

Terry Ma

Barclays

HoldMaintains

$24.00

Oct 5

Zacks Equity Research

HoldInitiates Coverage

Sep 29

Riya Anand

Zacks Equity Research

BuyInitiates Coverage

Sep 11

Richard Shane

JP Morgan

BuyMaintains

$24.00

Jul 29

Richard Shane

JP Morgan

BuyMaintains

$24.00

Jul 28

Derek Hewett

BofA Securities

HoldReiterates

$22.50

Jul 27

Bose George

KBW

BuyReiterates

$25.00

Jul 23

Donald Fandetti

Wells Fargo

BuyReiterates

$25.00 → $24.00

Jul 23

Kenneth Lee

RBC Capital

BuyMaintains

$25.00

Jul 23

Crispin Love

Piper Sandler

BuyMaintains

$25.00

Jul 22

Douglas Harter

BTIG

BuyMaintains

$24.00

Jul 22

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Oct 9, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for NLY?

The analyst consensus rating for NLY is Buy, based on the latest ratings from 10 analysts over the last 90 days.

What is the average price target for NLY?

The average 12-month price target for NLY is $23.00, representing an upside of 26.2% from the Oct 16, 2026 close of $18.23.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.