Annaly Capital Management Future Growth

Future criteria checks 5/6

Annaly Capital Management is forecast to grow earnings and revenue by 81.4% and 82.6% per annum respectively. EPS is expected to grow by 74.3% per annum. Return on equity is forecast to be 14.4% in 3 years.

Key information

81.4%

Earnings growth rate

74.3%

EPS growth rate

Mortgage REITs earnings growth	48.9%
Revenue growth rate	82.6%
Future return on equity	14.4%
Analyst coverage	Good
Last updated	04 Nov 2024

Recent future growth updates

Recent updates

Annaly Capital's Sector Comparative Analysis - Part 2 (Includes Q4 2023 + Q1 2024 Dividend Projection)

Sep 28

Annaly Capital Management: Risk/Reward Is Improving (Upgrade)

Sep 13

How Annaly Capital Management Generates Extra Income

Aug 22

Annaly: Wait Until After Jackson Hole

Aug 15

Annaly Capital Q2 Earnings Review: Upgrading To Buy On Potential Peak Rates

Jul 27

Annaly Capital: Broken Model, Downside Is As Low As 70% Of Tangible Book

Jul 03

Annaly Capital: Upgrading To Buy

Jun 13

Annaly Capital co-founder Wellington Denahan to retire from board

Feb 22

Annaly Upcoming Dividend Cut: Not The First, Won't Be The Last

Feb 14

Will Annaly Capital Management Q4 earnings beat for a 13th straight time?

Feb 07

3 Reasons To Be Bearish On Annaly For 2023

Jan 20

My Retirement Is Paid For By Your Home: Annaly Capital

Jan 12

Annaly Capital: My Top 2023 Dividend Pick

Dec 29

Annaly Capital Management declares $0.88 dividend

Dec 08

Annaly Capital: Trail Of Blood

Nov 04

Earnings and Revenue Growth Forecasts

NYSE:NLY - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	1,704	1,596	N/A	N/A	5
12/31/2024	1,250	739	N/A	N/A	4
9/30/2024	369	-37	247	881	N/A
6/30/2024	-271	-661	3,605	4,424	N/A
3/31/2024	-104	-483	4,207	5,084	N/A
12/31/2023	-1,399	-1,785	1,970	2,367	N/A
9/30/2023	-1,883	-2,262	1,649	2,190	N/A
6/30/2023	-1,605	-1,965	2,235	2,773	N/A
3/31/2023	-880	-1,257	1,709	2,324	N/A
12/31/2022	2,000	1,615	4,367	5,372	N/A
9/30/2022	3,310	2,922	5,183	6,032	N/A
6/30/2022	4,115	3,716	3,233	4,223	N/A
3/31/2022	2,927	2,554	3,160	4,041	N/A
12/31/2021	2,878	2,282	2,621	3,077	N/A
9/30/2021	3,297	2,735	2,686	3,083	N/A
6/30/2021	3,792	3,223	3,366	3,439	N/A
3/31/2021	6,472	4,366	3,688	3,616	N/A
12/31/2020	-670	-1,033	600	528	N/A
9/30/2020	1,597	-701	856	856	N/A
6/30/2020	515	-2,464	-854	-854	N/A
3/31/2020	-3,472	-5,094	-2,281	-2,281	N/A
12/31/2019	-459	-2,299	-1,200	-1,200	N/A
9/30/2019	-3,873	-5,761	-2,797	-2,797	N/A
6/30/2019	-3,362	-4,624	-1,612	-1,354	N/A
3/31/2019	-1,160	-2,251	89	347	N/A
12/31/2018	380	-75	2,363	2,622	N/A
9/30/2018	3,520	2,927	3,667	3,926	N/A
6/30/2018	3,450	2,910	N/A	3,810	N/A
3/31/2018	2,863	2,337	N/A	3,188	N/A
12/31/2017	1,960	1,460	N/A	1,632	N/A
9/30/2017	2,966	2,570	N/A	6,752	N/A
6/30/2017	3,294	2,942	N/A	5,103	N/A
3/31/2017	3,063	2,654	N/A	6,767	N/A
12/31/2016	1,723	1,351	N/A	1,581	N/A
9/30/2016	506	178	N/A	833	N/A
6/30/2016	-827	-1,175	N/A	2,808	N/A
3/31/2016	301	3	N/A	1,265	N/A
12/31/2015	913	395	N/A	-3,643	N/A
9/30/2015	-402	-934	N/A	-2,313	N/A
6/30/2015	606	49	N/A	-4,334	N/A
3/31/2015	124	-1,187	N/A	-3,214	N/A
12/31/2014	176	-914	N/A	6,128	N/A
9/30/2014	1,888	773	N/A	-1,201	N/A
6/30/2014	1,740	610	N/A	688	N/A
3/31/2014	3,006	2,584	N/A	-4,710	N/A
12/31/2013	4,096	3,658	N/A	-12,893	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NLY is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.6%).

Earnings vs Market: NLY is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: NLY is expected to become profitable in the next 3 years.

Revenue vs Market: NLY's revenue (82.6% per year) is forecast to grow faster than the US market (8.9% per year).

High Growth Revenue: NLY's revenue (82.6% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: NLY's Return on Equity is forecast to be low in 3 years time (14.4%).

Annaly Capital Management Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Price target increased by 7.0% to US$20.14

Price target increased by 7.1% to US$18.39

Price target decreased by 8.2% to US$20.33

Consensus revenue estimates increase by 11%

Price target increased by 7.5% to US$22.58

Price target decreased to US$20.56

Recent updates

Annaly Capital: A 13% Yield You Don't Want To Miss

A Fat 13% Yield That Can't Be Ignored: Annaly Capital

New major risk - Dividend sustainability

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Unlocking Massive 13% Yields By Busting Market Myths: Annaly Capital

Annaly Capital Management, Inc. to Report Q3, 2024 Results on Oct 23, 2024

Annaly: Discounted From Graham P/E, But Overall Picture Remains Mixed

New minor risk - Shareholder dilution

Rate Cuts? Time For Income Acceleration With 12.5% Yield: Annaly

Annaly Capital Management, Inc. has filed a Follow-on Equity Offering in the amount of $1.5 billion.

Second quarter dividend of US$0.65 announced

Annaly Capital: 3 Things That Have To Go Right For You To Make Money

Key Executive notifies of intention to sell stock

Annaly: The Big Money Has Not Yet Been Made (Rating Upgrade)

Annaly Capital Management: High-Yield Income Plus A Catalyst

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Annaly Capital: Solid Dividend Yield Which Trumps Valuation Concerns

Annaly Capital Management, Inc. to Report Q2, 2024 Results on Jul 24, 2024

First quarter dividend of US$0.65 announced

Annaly Capital Management, Inc. Announces Second Quarter 2024 Common Stock Cash Dividend, Payable on July 31, 2024

Annaly Capital Management: Get In Before Rates Come Down

Annaly: Improved Value Proposition (Rating Upgrade)

First quarter 2024 earnings released: EPS: US$0.85 (vs US$1.79 loss in 1Q 2023)

Annaly: 2022 Replay

Annaly Capital Management, Inc., Annual General Meeting, May 15, 2024

Annaly Capital Management, Inc. to Report Q1, 2024 Results on Apr 24, 2024

Upcoming dividend of US$0.65 per share

Annaly Capital: Don't Chase This High Yield mREIT Off The Cliff

Fourth quarter dividend of US$0.65 announced

Annaly Capital Management, Inc. Declares Cash Dividend for the First Quarter 2024, Payable on April 30, 2024

Key Executive notifies of intention to sell stock

Annaly Capital: Don't Run After This 14% Yield (Rating Downgrade)

Full year 2023 earnings: EPS and revenues miss analyst expectations

Annaly: The Real Spread And Why You Should Buy After The Next Cut

Now 21% undervalued

Paid 13% To Do Nothing: Annaly

Price target increased by 7.0% to US$20.14

Annaly's Current Distribution Is Unlikely To Last: Sell Rating

Annaly Capital Management, Inc. to Report Q4, 2023 Results on Feb 07, 2024

Annaly Capital: Set To Rise From Falling Rates

Upcoming dividend of US$0.65 per share at 13% yield

Price target increased by 7.1% to US$18.39

mREIT Insanity And The Fat Yield Of 14%: Annaly Capital (Part 2)

Annaly Capital Management, Inc. Declares the Fourth Quarter Common Stock Cash Dividend for 2023, Payable on January 31, 2024

Now 20% undervalued after recent price drop

Annaly Capital Management: Cautiously Optimistic Over This Near 15% Yielder

Key Executive notifies of intention to sell stock

Annaly Capital Management: This 16.6% Yielding Trust Is A Bargain (Upgrade)

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Annaly Capital Q3: Crash Is King (Rating Upgrade)

Price target decreased by 8.2% to US$20.33

I Just Bought Annaly Capital, But Not For The 14.8% Yield

Annaly Capital Management, Inc. to Report Q3, 2023 Results on Oct 25, 2023

Annaly Capital's Sector Comparative Analysis - Part 2 (Includes Q4 2023 + Q1 2024 Dividend Projection)

Upcoming dividend of US$0.65 per share at 13% yield

Annaly Capital Management: Risk/Reward Is Improving (Upgrade)

Annaly Capital Management, Inc. Appoints Manon Laroche and Scott Wede as Independent Members of the Board

How Annaly Capital Management Generates Extra Income

Now 20% undervalued

Annaly: Wait Until After Jackson Hole

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Annaly Capital Q2 Earnings Review: Upgrading To Buy On Potential Peak Rates

Annaly Capital Management, Inc. to Report Q2, 2023 Results on Jul 26, 2023

Annaly Capital: Broken Model, Downside Is As Low As 70% Of Tangible Book

Upcoming dividend of US$0.65 per share at 13% yield

Annaly Capital: Upgrading To Buy

Annaly Capital Management, Inc. Declares Common Stock Cash Dividend for the Second Quarter of 2023, Payable on July 31, 2023

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Now 20% undervalued after recent price drop