Should I Buy NLY? NLY 2026 Analysis

Should You Buy Annaly Capital Management Inc (NLY) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Buy

Latest Price

24.000

1 Day change

-1.03%

52 Week Range

24.520

Analysis Updated At

2026/01/26

Annaly Capital Management Inc (NLY) is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The stock offers a strong dividend yield of 12.9%, has shown significant financial growth in its latest quarter, and is supported by favorable macroeconomic conditions such as declining mortgage rates. Analysts have raised their price targets, and the technical indicators suggest a bullish trend. While there are no significant trading signals today, the overall outlook aligns with the user's investment goals.

Technical Analysis

The stock shows bullish moving averages (SMA_5 > SMA_20 > SMA_200), a positive MACD histogram of 0.039, and an RSI of 60.786, which is neutral but leaning towards bullish. Key support and resistance levels are Pivot: 23.681, R1: 24.22, and S1: 23.142. The stock is trading slightly above its pivot point, indicating a potential continuation of the upward trend.

Options Data

Bullish

Open Interest Put-Call Ratio

Bearish

Option Volume Put-Call Ratio

Technical Summary

Sell

Buy

Positive Catalysts

Analysts have raised price targets recently, with JPMorgan setting a target of $25 and maintaining an Overweight rating.
Declining mortgage rates are boosting the value of Annaly's government-backed mortgage assets.
The company's Q3 2025 financials show significant growth, with revenue up 59.77% YoY and net income up 3088.61% YoY.
The stock offers a high dividend yield of 12.9%, which is attractive for long-term investors.

Neutral/Negative Catalysts

Options data shows a higher put-call volume ratio (1.24), indicating some bearish sentiment in the short term.
The stock has a 60% chance of a slight decline (-0.74%) in the next day based on historical candlestick patterns.

Financial Performance

In Q3 2025, Annaly Capital reported strong financial growth: Revenue increased by 59.77% YoY to $2.16 billion, net income surged by 3088.61% YoY to $791.3 million, EPS rose by 2300% YoY to 1.2, and gross margin improved by 356.22% YoY to 41.06%.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Analysts are generally positive on NLY. JPMorgan raised its price target to $25 and maintains an Overweight rating, citing a favorable macro environment for REITs. Barclays raised its target to $23, forecasting a better mortgage origination market in 2026. Piper Sandler and Keefe Bruyette also raised their targets, highlighting improving sector momentum and agency MBS REITs' constructive outlook.

8 Analyst Rating

Wall Street analysts forecast NLY stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for NLY is 23.09 USD with a low forecast of 21.5 USD and a high forecast of 25 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

6 Buy

2 Hold

0 Sell

Strong Buy

Current: 24.250

Low

21.5

Averages

23.09

High

Current: 24.250

Low

21.5

Averages

23.09

High

BofA

Neutral

maintain

AI Analysis

2026-01-25

New

Reason

BofA

Price Target

AI Analysis

2026-01-25

New

maintain

Neutral

Reason

BofA raised the firm's price target on Annaly Capital to $23.50 from $21.50 and keeps a Neutral rating on the shares. The firm cites higher book value estimates for the target increase. The agency mortgage backed securities macro environment was favorable in Q4 as interest rate volatility declined and the yield curve steepened, the analyst tells investors in a research note.

JPMorgan

Richard Shane

Overweight

maintain

$22 -> $25

2026-01-23

Reason

JPMorgan

Richard Shane

Price Target

$22 -> $25

2026-01-23

maintain

Overweight

Reason

JPMorgan analyst Richard Shane raised the firm's price target on Annaly Capital to $25 from $22 and keeps an Overweight rating on the shares. The firm adjusted targets in the mortgage real estate investment trust group a part of a Q4 preview. The macro environment for REITs remains "mixed but still favorable," with the U.S. economy showing resilience even as inflation tracks above policy targets, the analyst tells investors in a research note. JPMorgan keeps a "selective and risk-aware stance across the REIT sector."

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NLY Should I Buy

NLY Should I Buy

Should You Buy Annaly Capital Management Inc (NLY) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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