Annaly Capital Management, Inc. (NLY)
| Market Cap | 10.91B |
| Revenue (ttm) | 369.37M |
| Net Income (ttm) | -36.92M |
| Shares Out | 560.55M |
| EPS (ttm) | -0.07 |
| PE Ratio | n/a |
| Forward PE | 7.16 |
| Dividend | $2.60 (13.35%) |
| Ex-Dividend Date | Sep 30, 2024 |
| Volume | 5,375,949 |
| Open | 19.70 |
| Previous Close | 19.75 |
| Day's Range | 19.36 - 19.72 |
| 52-Week Range | 17.23 - 21.11 |
| Beta | 1.58 |
| Analysts | Strong Buy |
| Price Target | 21.40 (+9.91%) |
| Earnings Date | Oct 23, 2024 |
About NLY
Annaly Capital Management, Inc., a diversified capital manager, engages in mortgage finance. The company invests in agency mortgage-backed securities collateralized by residential mortgages; non-agency residential whole loans and securitized products within the residential and commercial markets; mortgage servicing rights; agency commercial mortgage-backed securities; to-be-announced forward contracts; residential mortgage loans; and agency or private label credit risk transfer securities. It has elected to be taxed as a real estate investment ... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for NLY stock is "Strong Buy." The 12-month stock price forecast is $21.4, which is an increase of 9.91% from the latest price.
News
Annaly Capital: A 13% Yield You Don't Want To Miss
Annaly is set to benefit from falling Federal Fund rates, improving its net interest spread, and potentially resulting in higher earnings and a safer dividend. NLY is seeing strong interest income and...
Annaly Capital Management, Inc. to Host Investor Day on Thursday, November 21, 2024
NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. to Host Investor Day on Thursday, November 21, 2024.
A Fat 13% Yield That Can't Be Ignored: Annaly Capital
I enjoy my home, and I enjoy strong income from the homes of others. Don't neglect helping others achieve their goals while achieving your own. The beauty of the market is that your success doesn't ha...
Annaly Capital Management, Inc. Announces Preferred Dividends
NEW YORK--(BUSINESS WIRE)--In accordance with the terms of Annaly's 6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (“Series F Preferred Stock”), the Board has declared a S...
Annaly Capital: Gauging Value Across This Near 10%-Yield Preferreds Trio
Annaly Capital preferreds offer near double-digit yields and stable equity coverage, making them attractive even in a Fed-cutting environment. We take a look at the NLY preferreds trio in the context ...
Annaly Capital: This 13% Yield Is On Sale
Annaly Capital Management is well-positioned to benefit from the Fed's recent 50 bps rate cut, enhancing its net interest margins and book value growth. The mortgage REIT covered its dividend with dis...
Annaly Capital Management, Inc. (NLY) Q3 2024 Earnings Call Transcript
Annaly Capital Management, Inc. (NYSE:NLY) Q3 2024 Results Conference Call October 24, 2024 9:00 AM ET Company Participants Sean Kensil - Director and Investor Relations David Finkelstein - Chief Exe...
Why I'm Avoiding Annaly Capital After Earnings
Annaly Capital Management, Inc. just released its third quarter earnings and missed Wall Street estimates. The release missed widely on GAAP earnings and slightly on earnings available for distributio...
Annaly Capital Management, Inc. Reports 3rd Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. Reports 3rd Quarter 2024 Results.
Unlocking Massive 13% Yields By Busting Market Myths: Annaly Capital
Unlocking Massive 13% Yields By Busting Market Myths: Annaly Capital
Annaly Capital Management, Inc. Announces Dates of Third Quarter 2024 Financial Results and Conference Call
NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. Announces Dates of Third Quarter 2024 Financial Results and Conference Call.
9.03% Preferred Share From Annaly Capital Management
Annaly Capital Management's NLY-G preferred shares have a smaller floating spread compared to NLY-F and NLY-I, making them more sensitive to interest rate drops. I find mortgage REIT bonds more appeal...
Annaly: Discounted From Graham P/E, But Overall Picture Remains Mixed
NLY stock faces mixed prospects, as reflected in its recent earnings report. Positives include higher net interest income, higher servicing income, and attractive P/E when benchmarked against the Grah...
9.72% Yield From Annaly Capital Management Preferred Share
A price history so steady, it's practically mocking the rest of the market. The "call risk" here? A 1-2% dip. Enough to concern me because I hate losing money. Prices are unlikely to go much lower wit...
Rocket Mortgage and Annaly Capital Management, Inc. Enter Strategic Subservicing Relationship
Detroit-based Rocket Mortgage will manage a portion of Annaly's serviced clients DETROIT , Oct. 1, 2024 /PRNewswire/ -- Rocket Mortgage, the nation's largest mortgage lender and a part of Rocket Compa...
Rate Cuts? Time For Income Acceleration With 12.5% Yield: Annaly
The QT situation faced by the economy with interest rates has come to an end. You need to generate income in good and bad times - your portfolio must do this always. The goal is simple: income and cap...
Assessing Annaly Capital's Performance For Q2 2024
NLY's quarterly BV fluctuation was nearly exact, with a minor outperformance in core earnings/EAD. NLY had a good quarter overall, reporting a slightly less severe BV decline and increased core earnin...
Annaly Capital Management, Inc. Announces 3rd Quarter 2024 Common Stock Dividend of $0.65 per Share
NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. Announces 3rd Quarter 2024 Common Stock Dividend of $0.65 per Share.
3 Stocks That Can Thrive Through Recession
The Fed is getting ready to cut rates. Historically, a Fed cutting cycle has frequently aligned with a recession. Three picks that thrived during the 2001 recession, and are similarly positioned today...
Annaly Capital: Ready To Break Higher On The Rate Cut Cycle (Technical Analysis)
Annaly Capital Management invests in agency mortgage-backed securities and is expected to perform well with potential interest rate cuts by the Federal Reserve. Annaly provides a high dividend yield t...
Annaly Capital: 3 Things That Have To Go Right For You To Make Money
Annaly Capital Management, Inc. investors have not made money in the past three years and have experienced a dividend cut. The “rate cut ergo buy” is likely to be a poor argument. We go over the three...
Annaly: The Big Money Has Not Yet Been Made (Rating Upgrade)
Annaly's second-quarter earnings showed an improving net interest spread. Inflation continued to decline in July, making a rate cut in September a near certainty, in my opinion. With inflation moderat...
10% Or Higher Dividend Yields
BDCs, mortgage REITs, preferred shares, and one baby bond. Most are yielding over 10%. I hope you're ready for the weekend. We're going to do quick coverage on each share. Some of these preferred shar...