
Annaly Capital (NLY) Stock Forecast & Price Target
Annaly Capital (NLY) Analyst Ratings
Bulls say
Annaly Capital Management's core agency portfolio experienced notable growth, rising by 10% to $87.3 billion and comprising 64% of the company’s capital, supported by stable average coupon positioning at 5.03%. The firm also saw a 4% increase in its residential credit portfolio to $6.9 billion, while correspondent loans were added with a quarterly lock volume of $6.2 billion, reflecting a 17.7% increase due to favorable rates. Additionally, the total portfolio assets grew by $8.3 billion to $97.8 billion, with liquidity bolstered to $5.9 billion, indicating a strong financial position that supports future growth opportunities.
Bears say
Annaly Capital Management's outlook is negatively impacted by potential volatility in mortgage-backed securities (MBS) driven by Federal Reserve actions and changes in long-term interest rates. A decrease in agency MBS purchases by the Fed could lead to a decline in asset prices, while lower interest rates may exacerbate prepayment risks, resulting in adverse effects on net income due to premium amortization and reinvestment risk. Furthermore, the company's investments in credit-oriented assets heighten exposure to potential credit losses, and uncertainties surrounding government-sponsored enterprise (GSE) reforms could further compromise liquidity and asset quality, ultimately detracting from the company’s financial stability.
This aggregate rating is based on analysts' research of Annaly Capital and is not a guaranteed prediction by Public.com or investment advice.
Annaly Capital (NLY) Analyst Forecast & Price Prediction
Start investing in Annaly Capital (NLY)
Order type
Buy in
Order amount
Est. shares
0 shares