Annaly Capital Management Shares Cross Analyst Target Price

Annaly Capital's stock has seen a positive movement, recently trading above the average analyst 12-month target price of $21.21. Investors now face decisions on whether to hold or sell amid recent analysts' ratings that suggest a strong buying sentiment.

Date: 17-02-2025

AI Rating: 7

Stock Performance and Analyst Sentiment: Annaly Capital Management Inc (NLY) has recently been trading above the average 12-month target price of $21.21, currently at $21.23/share. This movement signifies a potentially bullish trend as it surpasses analyst expectations.

With 12 different analysts contributing to the consensus price target, there exists a spectrum of views, ranging from a conservative target of $19.00 to an optimistic estimate of $23.50. The standard deviation of $1.214 indicates a relatively tight consensus among analysts, although differing opinions align with individual market outlooks.

Investors are encouraged to evaluate whether the stock’s current price merely represents a stepping stone towards a higher valuation or if it suggests an overextension in valuation. A deeper analysis of the fundamental business developments is essential to guide investment decisions, pivoting on recent price movements and targets.

Analyst Ratings Breakdown: The breakdown of analyst ratings shows a strong buy sentiment with 7 strong buy ratings, 2 buy ratings, and 5 hold ratings. Notably, there are no sell or strong sell ratings, reflecting an overall positive outlook towards NLY. The average rating of 1.86 (where 1 is strong buy and 5 is strong sell) signifies strong confidence from analysts in Annaly's performance.

Considering the analyst ratings alongside the price movements, there appears to be a consensus that the stock still holds value despite reaching the average target price, indicating potential room for upward price adjustments in the near future.

Stocks: NLY