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Annaly Capital Management Inc has a consensus price target of $20.45 based on the ratings of 19 analysts. The high is $24 issued by UBS on September 18, 2023. The low is $7.25 issued by B of A Securities on February 14, 2022. The 3 most-recent analyst ratings were released by JP Morgan, Jones Trading, and JP Morgan on October 25, 2024, October 24, 2024, and October 17, 2024, respectively. With an average price target of $21.33 between JP Morgan, Jones Trading, and JP Morgan, there's an implied 8.57% upside for Annaly Capital Management Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Annaly Capital Management (NYSE:NLY) was reported by JP Morgan on October 25, 2024. The analyst firm set a price target for $21.00 expecting NLY to rise to within 12 months (a possible 6.87% upside). 19 analyst firms have reported ratings in the last year.
The latest analyst rating for Annaly Capital Management (NYSE:NLY) was provided by JP Morgan, and Annaly Capital Management maintained their overweight rating.
The last upgrade for Annaly Capital Management Inc happened on September 20, 2024 when Wells Fargo raised their price target to $23. Wells Fargo previously had an equal-weight for Annaly Capital Management Inc.
The last downgrade for Annaly Capital Management Inc happened on February 21, 2023 when Argus Research changed their price target from N/A to N/A for Annaly Capital Management Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Annaly Capital Management, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Annaly Capital Management was filed on October 25, 2024 so you should expect the next rating to be made available sometime around October 25, 2025.
While ratings are subjective and will change, the latest Annaly Capital Management (NLY) rating was a maintained with a price target of $22.00 to $21.00. The current price Annaly Capital Management (NLY) is trading at is $19.65, which is out of the analyst’s predicted range.
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