<ul>
<li>美联储主席杰罗姆·鲍威尔在杰克逊霍尔研讨会上的近期鸽派言论引发了市场乐观情绪，导致抵押贷款利率下降，并增强了对未来降息的信心。</li>
<li>这一变化对像 Annaly Capital Management 这样的抵押贷款房地产投资信托（REIT）尤为重要，因为较低利率和改善的抵押贷款利差的前景可能支持净利差的提升和账面价值的增长。</li>
<li>我们将探讨对美联储政策更加宽松的预期如何可能改变 Annaly Capital Management 的投资前景。</li>
</ul>
<p>稀土金属是新的淘金热。找出哪 28 只股票正在引领潮流。</p>
<h2>Annaly Capital Management 投资叙述回顾</h2>
<p>拥有 Annaly Capital Management 的股份意味着相信抵押贷款 REIT 模型的韧性，该模型受益于利率下降和稳定或收紧的抵押贷款利差。美联储近期的鸽派语气对 Annaly 在短期内至关重要，因为这可能支持净利差的恢复并增强账面价值，但重新出现的市场波动风险和不可预测的利率变动仍然是收入导向投资者的主要关注点。</p>
<p>在美联储更新后，Annaly 在八月份宣布的稳定优先股股息，例如 G 系列的年化股息超过 8.7%，变得更加相关。稳定的股息支付是那些寻求可靠现金流的投资者的重要因素，尤其是在利率政策可能转变的情况下，这可能成为未来财务表现的催化剂。</p>
<p>然而，与积极的势头相对，投资者应警惕重新出现的利率波动风险可能会...</p>
<p>阅读 Annaly Capital Management 的完整叙述（免费！）</p>
<p>Annaly Capital Management 的叙述预计到 2028 年收入为 34 亿美元，收益为 32 亿美元。这需要每年 46.9% 的收入增长，以及从当前的 5.751 亿美元增加 26 亿美元的收益。</p>
<p>揭示 Annaly Capital Management 的预测如何得出 20.93 美元的公允价值，与其当前价格一致。</p>
<h2>探索其他视角</h2>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/7d318329-78e2-41f2-bb33-6198544ac640/chart/community-fair-value?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/7d318329-78e2-41f2-bb33-6198544ac640/chart/community-fair-value"/></p>
<p>截至 2025 年 8 月 NLY 社区公允价值</p>
<p>来自 Simply Wall St 社区 11 名成员对 Annaly Capital Management 的公允价值估计差异很大，从每股 16 美元到超过 30 美元不等。随着对较低利率支持 mREIT 收益的乐观情绪上升，考虑利率波动的变化如何仍然影响 Annaly 的表现，并在做出决策之前务必审查不同的观点。</p>
<p>探索对 Annaly Capital Management 的其他 11 个公允价值估计——为什么该股票可能比当前价格高出多达 44%！</p>
<h2>创建您自己的 Annaly Capital Management 叙述</h2>
<p>不同意现有叙述？在不到 3 分钟内创建您自己的叙述——非凡的投资回报很少来自跟随大众。</p>
<ul>
<li>您的 Annaly Capital Management 研究的一个很好的起点是我们的分析，突出 3 个关键收益和 3 个可能影响您投资决策的重要警示信号。</li>
<li>我们的免费 Annaly Capital Management 研究报告提供了全面的基本面分析，汇总在一个视觉图中——雪花图，使您能够一目了然地评估 Annaly Capital Management 的整体财务健康状况。</li>
</ul>
<h2>准备探索其他投资风格吗？</h2>
<p>市场变化迅速。这些股票不会长时间隐藏。抓住机会获取名单：</p>
<ul>
<li>揭示下一个大机会，寻找财务稳健的便士股票，平衡风险和回报。</li>
<li>寻找现金流潜力良好但交易价格低于公允价值的公司。</li>
<li>今天最好的人工智能股票可能在像 Nvidia 和 Microsoft 这样的巨头之外。通过早期阶段的机器学习、自动化和数据智能创新，寻找这 20 家小型人工智能公司，可能为您的退休提供强劲的增长潜力。</li>
</ul>
<p><em>本文由 Simply Wall St 撰写，内容具有一般性。<strong>我们基于历史数据和分析师预测提供评论，仅使用无偏见的方法，我们的文章不应被视为财务建议。</strong> 它不构成购买或出售任何股票的推荐，也未考虑您的目标或财务状况。我们旨在为您提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>

Annaly资本管理

<p>美联储主席杰罗姆·鲍威尔的鸽派言论激发了市场的乐观情绪，特别是对像 Annaly 资本管理（NLY）这样的抵押贷款房地产投资信托（REITs）带来了好处。潜在的低抵押贷款利率可能会提升 Annaly 的净利差和账面价值增长。该公司最近宣布了稳定的优先股股息，这对以收入为导向的投资者至关重要。然而，由于潜在的利率波动，风险依然存在。Annaly 预计到 2028 年将实现显著的收入和盈利增长，社区对其公允价值的估计差异较大，表明投资者对该股票未来表现的看法各异</p>

<ul>
<li>Federal Reserve Chair Jerome Powell's recent dovish remarks at the Jackson Hole symposium triggered market optimism, leading to lower mortgage rates and increased confidence in interest rate cuts on the horizon.</li>
<li>This shift is particularly meaningful for mortgage REITs like Annaly Capital Management, as the prospect of lower rates and improving mortgage spreads may support enhanced net interest margins and book value growth.</li>
<li>We'll examine how expectations for a more accommodative Federal Reserve policy could potentially shift Annaly Capital Management's investment outlook.</li>
</ul>
<div class="lb-trans"><ul>
<li>美联储主席杰罗姆·鲍威尔在杰克逊霍尔研讨会上的近期鸽派言论引发了市场乐观情绪，导致抵押贷款利率下降，并增强了对未来降息的信心。</li>
<li>这一变化对像 Annaly Capital Management 这样的抵押贷款房地产投资信托（REIT）尤为重要，因为较低利率和改善的抵押贷款利差的前景可能支持净利差的提升和账面价值的增长。</li>
<li>我们将探讨对美联储政策更加宽松的预期如何可能改变 Annaly Capital Management 的投资前景。</li>
</ul>
</div><p>Rare earth metals are the new gold rush. Find out which 28 stocks are leading the charge.</p>
<div class="lb-trans"><p>稀土金属是新的淘金热。找出哪 28 只股票正在引领潮流。</p>
</div><h2>Annaly Capital Management Investment Narrative Recap</h2>
<div class="lb-trans"><h2>Annaly Capital Management 投资叙述回顾</h2>
</div><p>Owning shares of Annaly Capital Management means believing in the resilience of the mortgage REIT model, which benefits from periods of declining interest rates and stable or tightening mortgage spreads. The recent dovish tone from the Federal Reserve is material to Annaly in the short term, as it may support net interest margin recovery and bolster book value, but the risk of renewed market volatility and unpredictable rate movements remains a central concern for income-focused investors.</p>
<div class="lb-trans"><p>拥有 Annaly Capital Management 的股份意味着相信抵押贷款 REIT 模型的韧性，该模型受益于利率下降和稳定或收紧的抵押贷款利差。美联储近期的鸽派语气对 Annaly 在短期内至关重要，因为这可能支持净利差的恢复并增强账面价值，但重新出现的市场波动风险和不可预测的利率变动仍然是收入导向投资者的主要关注点。</p>
</div><p>Following the Federal Reserve’s update, Annaly’s August announcement of steady preferred stock dividends, over 8.7% annualized for Series G, for example, has become even more relevant. Stable dividend payouts are a significant factor for those seeking reliable cash flow, especially with the potential shift in interest rate policy acting as a catalyst for future financial performance.</p>
<div class="lb-trans"><p>在美联储更新后，Annaly 在八月份宣布的稳定优先股股息，例如 G 系列的年化股息超过 8.7%，变得更加相关。稳定的股息支付是那些寻求可靠现金流的投资者的重要因素，尤其是在利率政策可能转变的情况下，这可能成为未来财务表现的催化剂。</p>
</div><p>However, in contrast to the positive momentum, investors should be alert to the ongoing risk that renewed interest rate volatility could...</p>
<div class="lb-trans"><p>然而，与积极的势头相对，投资者应警惕重新出现的利率波动风险可能会...</p>
</div><p>Read the full narrative on Annaly Capital Management (it's free!)</p>
<div class="lb-trans"><p>阅读 Annaly Capital Management 的完整叙述（免费！）</p>
</div><p>Annaly Capital Management's narrative projects $3.4 billion in revenue and $3.2 billion in earnings by 2028. This requires 46.9% yearly revenue growth and a $2.6 billion increase in earnings from the current $575.1 million.</p>
<div class="lb-trans"><p>Annaly Capital Management 的叙述预计到 2028 年收入为 34 亿美元，收益为 32 亿美元。这需要每年 46.9% 的收入增长，以及从当前的 5.751 亿美元增加 26 亿美元的收益。</p>
</div><p>Uncover how Annaly Capital Management's forecasts yield a $20.93 fair value, in line with its current price.</p>
<div class="lb-trans"><p>揭示 Annaly Capital Management 的预测如何得出 20.93 美元的公允价值，与其当前价格一致。</p>
</div><h2>Exploring Other Perspectives</h2>
<div class="lb-trans"><h2>探索其他视角</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/7d318329-78e2-41f2-bb33-6198544ac640/chart/community-fair-value" alt="" original-src="https://images.simplywall.st/company/7d318329-78e2-41f2-bb33-6198544ac640/chart/community-fair-value"/></p>
<p>NLY Community Fair Values as at Aug 2025</p>
<div class="lb-trans"><p>截至 2025 年 8 月 NLY 社区公允价值</p>
</div><p>Fair value estimates from 11 members of the Simply Wall St Community for Annaly Capital Management vary widely from US$16 to over US$30 per share. As optimism grows around lower rates supporting mREIT earnings, consider how shifts in rate volatility can still impact Annaly’s performance and be sure to review the different viewpoints before making decisions.</p>
<div class="lb-trans"><p>来自 Simply Wall St 社区 11 名成员对 Annaly Capital Management 的公允价值估计差异很大，从每股 16 美元到超过 30 美元不等。随着对较低利率支持 mREIT 收益的乐观情绪上升，考虑利率波动的变化如何仍然影响 Annaly 的表现，并在做出决策之前务必审查不同的观点。</p>
</div><p>Explore 11 other fair value estimates on Annaly Capital Management - why the stock might be worth as much as 44% more than the current price!</p>
<div class="lb-trans"><p>探索对 Annaly Capital Management 的其他 11 个公允价值估计——为什么该股票可能比当前价格高出多达 44%！</p>
</div><h2>Build Your Own Annaly Capital Management Narrative</h2>
<div class="lb-trans"><h2>创建您自己的 Annaly Capital Management 叙述</h2>
</div><p>Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.</p>
<div class="lb-trans"><p>不同意现有叙述？在不到 3 分钟内创建您自己的叙述——非凡的投资回报很少来自跟随大众。</p>
</div><ul>
<li>A great starting point for your Annaly Capital Management research is our analysis highlighting 3 key rewards and 3 important warning signs that could impact your investment decision.</li>
<li>Our free Annaly Capital Management research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Annaly Capital Management's overall financial health at a glance.</li>
</ul>
<div class="lb-trans"><ul>
<li>您的 Annaly Capital Management 研究的一个很好的起点是我们的分析，突出 3 个关键收益和 3 个可能影响您投资决策的重要警示信号。</li>
<li>我们的免费 Annaly Capital Management 研究报告提供了全面的基本面分析，汇总在一个视觉图中——雪花图，使您能够一目了然地评估 Annaly Capital Management 的整体财务健康状况。</li>
</ul>
</div><h2>Ready To Venture Into Other Investment Styles?</h2>
<div class="lb-trans"><h2>准备探索其他投资风格吗？</h2>
</div><p>Markets shift fast. These stocks won't stay hidden for long. Get the list while it matters:</p>
<div class="lb-trans"><p>市场变化迅速。这些股票不会长时间隐藏。抓住机会获取名单：</p>
</div><ul>
<li>Uncover the next big thing with financially sound penny stocks that balance risk and reward.</li>
<li>Find companies with promising cash flow potential yet trading below their fair value.</li>
<li>The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 20 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement.</li>
</ul>
<div class="lb-trans"><ul>
<li>揭示下一个大机会，寻找财务稳健的便士股票，平衡风险和回报。</li>
<li>寻找现金流潜力良好但交易价格低于公允价值的公司。</li>
<li>今天最好的人工智能股票可能在像 Nvidia 和 Microsoft 这样的巨头之外。通过早期阶段的机器学习、自动化和数据智能创新，寻找这 20 家小型人工智能公司，可能为您的退休提供强劲的增长潜力。</li>
</ul>
</div><p><em>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</em></p>
<div class="lb-trans"><p><em>本文由 Simply Wall St 撰写，内容具有一般性。<strong>我们基于历史数据和分析师预测提供评论，仅使用无偏见的方法，我们的文章不应被视为财务建议。</strong> 它不构成购买或出售任何股票的推荐，也未考虑您的目标或财务状况。我们旨在为您提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>
</div>

Annaly 资本管理（NLY）对利率的乐观态度对股东有何意义