Annaly Capital Management, Inc. (NLY) Stock Forecast
NLY analyst forecast
as of October 18, 2026- Analyst consensus
- Buy 4.08 / 5 from 13 analysts
- Price target
- $22.64 average of analyst targets
- Upside to target
- +24.2% from the latest close
- Next earnings
- October 20, 2026 EPS estimate $0.78
- 52-week range
- $17.93 – $24.40
NLY analyst ratings
13 analystsNumber of analysts at each rating.
NLY price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
NLY earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.77 | $0.74 | $0.80 | $0.73 | +5.8% | 12 |
| Current fiscal year (2026) | $3.08 | $2.90 | $3.15 | $2.92 | +5.6% | 13 |
| Next fiscal year (2027) | $3.11 | $2.85 | $3.42 | $3.08 | +0.9% | 13 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
NLY revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $549.9M | $437.8M | $675.7M | +99.4% | 6 |
| Current fiscal year (2026) | $2.09B | $1.83B | $2.38B | +84.3% | 6 |
| Next fiscal year (2027) | $2.34B | $2.06B | $2.63B | +12.0% | 6 |
NLY EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
NLY revenue: reported and forecast
NLY EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.75 | $0.78 | $0.78 | $0.78 | $0.77 | +2.6% | 8 up · 1 down |
| Current fiscal year (2026) | $3.02 | $3.08 | $3.08 | $3.08 | $3.08 | +2.1% | 12 up · 0 down |
| Next fiscal year (2027) | $3.01 | $3.11 | $3.11 | $3.11 | $3.11 | +3.6% | 1 up · 0 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
NLY earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; NLY beat in 10 of 12.
What analysts expect from NLY
13 analysts cover Annaly Capital Management; their consensus rating is buy (4.08 on a 1–5 scale, where 5 is a strong buy). The average price target is $22.64, 24.2% above the latest close of $18.23. Analysts expect earnings of $3.08 per share for 2026, +5.6% from a year earlier. For 2027 the average estimate is $3.11 per share on revenue of $2.3 billion. Annaly Capital Management beat the EPS estimate in 10 of the last 12 quarters.
Related: NLY income statement, NLY key metrics, NLY chart. See the NLY stock overview for the latest quote and news.
NLY forecast FAQ
What is Annaly Capital Management's price target?
The average analyst price target for Annaly Capital Management is $22.64, 24.2% above the latest close of $18.23.
Is Annaly Capital Management a buy, hold or sell?
Of 13 analysts covering Annaly Capital Management, 5 rate it a strong buy, 4 a buy, 4 a hold, 0 a sell and 0 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Annaly Capital Management's EPS forecast?
Analysts forecast $3.08 per share for 2026 (range $2.90 to $3.15); for 2027 the estimate is $3.11.
What is Annaly Capital Management's revenue forecast?
The average revenue estimate for 2026 is $2.1 billion, growth of 84.3%; for 2027 it is $2.3 billion.
When does Annaly Capital Management report earnings?
Annaly Capital Management is expected to report results for the quarter ending September 30, 2026 on October 20, 2026 after the market closes; the EPS estimate is $0.78.
Does Annaly Capital Management usually beat earnings estimates?
Annaly Capital Management reported EPS at or above the analyst estimate in 10 of the last 12 quarters.