Barclays cuts target to USD 21.00 for Annaly Capital Management stock

Published on 10/27/2026 at 20:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Annaly's third-quarter EAD was USD 0.80 per share, above USD 0.75 dividend. Annaly Capital Management stock costs EUR 16.37 on October 27, 2026.

Analyst target and earnings

Barclays cut its Annaly target from USD 24.00 to USD 21.00 on October 22, 2026.
Third-quarter earnings available for distribution reached USD 0.80 per share on September 30, 2026.
Annaly Capital Management stock costs EUR 16.37 at Lang & Schwarz on October 27, 2026 at 8:12 p.m. CEST.
Annaly's market capitalization was USD 13.7 billion on October 27, 2026.

NLY, US0357108390, Illustration mit AI erstellt.

Annaly Capital Management (ISIN US0357108390) became the subject of a fresh analyst reset when Barclays cut its price target from USD 24.00 to USD 21.00 on October 22, 2026, while maintaining an Equal-Weight rating, as reported by Benzinga. Annaly's euro quotation was EUR 16.37 at Lang & Schwarz on October 27, 2026 at 8:12 p.m. CEST.

Earnings stayed above the dividend

For the third quarter ended September 30, 2026, Annaly reported earnings available for distribution of USD 0.80 per average common share, compared with a quarterly common-stock dividend of USD 0.75. The company also reported a GAAP loss of USD 1.36 per average common share and an economic return of minus 7.60 percent for the quarter, according to its Annaly Capital Management release dated October 20, 2026.

Stock position on October 27

On the NYSE, Annaly was last at USD 18.23 on October 27, 2026 at 3:15 p.m. ET. Its 52-week range was USD 17.70 to USD 24.52, placing the share 2.99 percent above the low and 25.65 percent below the high. The market capitalization was USD 13.7 billion and the trailing P/E ratio was 12.66 on the same date.

Valuation and peer comparison

Annaly's third-quarter release showed book value per common share of USD 17.86, down from USD 20.15 in the second quarter. Its total portfolio stood at USD 106.5 billion, including USD 91.8 billion in Agency assets, on September 30, 2026.

Comparison with peers

Annaly Capital Management: USD 18.23, P/E 12.66, market capitalization USD 13.7 billion, October 27, 2026. AGNC Investment: USD 8.83, P/E 126.00, market capitalization USD 10.5 billion, October 27, 2026. Rithm Capital: USD 9.39, P/E 14.90, market capitalization USD 5.2 billion, October 27, 2026.

Targets remain above the quotation

Barclays' USD 21.00 target stands 15.18 percent above the NYSE quotation of USD 18.23. RBC Capital also maintained an Outperform rating while cutting its target from USD 25.00 to USD 21.00 on October 22, 2026, according to Markets Insider.

Price and target in perspective

For investors, the key contrast is visible in the earnings mix: the USD 0.80 distribution measure exceeded the USD 0.75 dividend, while book value per share stood at USD 17.86 after the third quarter. The analyst targets of USD 21.00 sit above both the NYSE quotation and the reported book value.

Annaly Capital Management was trading at EUR 16.37 at Lang & Schwarz on October 27, 2026 at 8:12 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Annaly Capital Management stock.