Bullish View on Annaly Capital: Double-Digit Growth and 13.5% Yield

Key Facts

1Annaly Capital Management is expected to achieve double-digit earnings per share growth and offers a 13.5% dividend yield.

2The stock trades at 1.1x book value with a price target of $24.60 per share and a total return prospect of 23%.

Amid investors' search for high yields in a shifting rate environment, a bullish analysis from Seeking Alpha focused on Annaly Capital Management, citing expectations of double-digit earnings per share growth and a 13.5% dividend yield. The report notes the stock trades at 1.1x book value with a $24.60 price target, implying a total return prospect of 23%.

Per market data, NLY closed at $22.31 on June 24, 2026, below the target, with a daily range of $22.24–$22.53. The analysis comes as mortgage-backed securities show relative stability, supporting Annaly's earnings outlook backed by its diversified platform including Agency MBS, Residential Credit, and MSR.

Investors are monitoring U.S. interest rate developments and their impact on Annaly's portfolio, especially ahead of the next Federal Reserve meeting in July. The market also awaits Q3 earnings results which could validate the expected earnings growth. The high dividend yield remains a key attraction for shareholders.