- Annaly Capital Management (NLY, Financial) increases dividends, enhancing its appeal to income-focused investors.
- Analysts project a potential 24.35% upside, reinforcing NLY's market potential.
- Brokerage firms rate NLY as an "Outperform," highlighting positive sentiment in the market.
Annaly Capital Management (NLY) has announced an impressive 7.7% increase in its dividend, raising it to $0.70 per share, payable on April 9, 2025. This strategic move bolsters its dividend yield to an impressive 14.87%, significantly above the industry standard. Annaly’s strategic diversification in investments not only fortifies its market stance but also positions it as a resilient player with considerable long-term growth prospects.
Wall Street Analysts Forecast
The forward-looking assessments from 10 seasoned analysts set the one-year price target for Annaly Capital Management Inc (NLY, Financial) at an average of $21.12. The projections exhibit a range, with a high of $23.00 and a low of $19.00, reflecting a nuanced understanding of the stock's potential. Currently priced at $16.98, this average target suggests a promising upside of 24.35%. Investors seeking further insights can access detailed estimate data on the Annaly Capital Management Inc (NLY) Forecast page.
In terms of market sentiment, the consensus from 14 brokerage firms places Annaly Capital Management Inc (NLY, Financial) at an "Outperform" status, with an average recommendation score of 2.1. This rating, on a scale from 1 to 5—with 1 indicating a Strong Buy and 5 signifying a Sell—reflects a broadly optimistic outlook from market analysts.
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