
Annaly Capital (NLY) Stock Forecast & Price Target
Annaly Capital (NLY) Analyst Ratings
Bulls say
Annaly Capital Management has demonstrated significant growth, with its core agency portfolio increasing by 10% to $87.3 billion, representing 64% of capital, while maintaining stable average coupon positioning. The company's Mortgage Servicing Rights (MSR) portfolio grew by 8.6% to $3.8 billion, now accounting for approximately 19% of capital, reflecting a robust underlying performance with a weighted average note rate of 3.28%. Additionally, total portfolio assets surged by $8.3 billion to $97.8 billion, alongside a strengthened liquidity position of $5.9 billion, underscoring the firm's capacity for effective capital management and promising growth potential.
Bears say
Annaly Capital Management's financial outlook is negatively impacted by a slight decrease in its net investment spread and net interest margin, indicating challenges in generating sufficient income amidst rising costs. The company's reliance on the Agency segment, which is vulnerable to fluctuations in interest rates and potential reforms affecting government-sponsored enterprises, adds further uncertainty regarding asset prices and liquidity. Additionally, factors such as increasing mortgage prepayments due to declining interest rates and the potential for credit losses from non-agency investments complicate the overall risk landscape for Annaly's earnings and 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
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