Annaly Capital Management, Inc. (NLY)

NYSE: NLY · Real-Time Price · USD
19.02
+0.25 (1.33%)
At close: Dec 20, 2024, 4:00 PM
19.06
+0.04 (0.21%)
After-hours: Dec 20, 2024, 7:54 PM EST
1.33%
Market Cap 10.66B
Revenue (ttm) 369.37M
Net Income (ttm) -36.92M
Shares Out 560.55M
EPS (ttm) -0.07
PE Ratio n/a
Forward PE 6.97
Dividend $2.60 (13.67%)
Ex-Dividend Date Dec 31, 2024
Volume 9,505,801
Open 18.81
Previous Close 18.77
Day's Range 18.81 - 19.32
52-Week Range 17.67 - 21.11
Beta 1.57
Analysts Strong Buy
Price Target 21.56 (+13.35%)
Earnings Date Feb 5, 2025

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]

Industry REIT - Mortgage
Sector Real Estate
IPO Date Oct 8, 1997
Employees 187
Stock Exchange NYSE
Ticker Symbol NLY
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for NLY stock is "Strong Buy." The 12-month stock price forecast is $21.56, which is an increase of 13.35% from the latest price.

Price Target
$21.56
(13.35% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

4 Dividend Picks For 2025: JPMorgan's Top Income Stocks To Energize Your Portfolio

Looking for steady cash flow in 2025? JPMorgan analysts have spotlighted four income-generating stock picks that offer dividend appeal and potential price upside.

Other symbols: ETHASIOC
22 hours ago - Benzinga

Annaly Capital: Improved 2025 Outlook As MBS Spread Compression Raises NAV

Mortgage REITs like Annaly have faced significant losses due to rising long-term interest rates, but high dividends have cushioned the impact. Annaly's book value has been volatile due to duration ris...

3 days ago - Seeking Alpha

I Am Raking In Cash With RICs

When investing in a stock, you need to set your expectations appropriately. Regulated Investment Companies constitute a large portion of our portfolio. These investments tend to provide most of their ...

Other symbols: ARCCOPTYRVT
4 days ago - Seeking Alpha

Huge Yields, Brief Notes

Preferred shares rallied, as predicted. Finding value is getting much harder. There are some common shares trading at discounts. Some big, some tiny. I would be interested in a few of the agency mortg...

8 days ago - Seeking Alpha

Annaly: 13% Dividend Yield Is Not Enough

Annaly's Q3 earnings missed consensus estimates and serve as a reflection of pressure from the unfavorable yield curve. On the positive side, Annaly maintained its $0.65/share quarterly dividend, sign...

11 days ago - Seeking Alpha

Annaly Capital Management, Inc. Announces 4th Quarter 2024 Common Stock Dividend of $0.65 per Share

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Annaly Capital Management, Inc. (NYSE: NLY) (“Annaly” or the “Company”) declared the fourth quarter 2024 common stock cash dividend of $0.65 per co...

15 days ago - Business Wire

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...

5 weeks ago - Seeking Alpha

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.

6 weeks ago - Business Wire

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...

6 weeks ago - Seeking Alpha

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...

6 weeks ago - Business Wire

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 ...

7 weeks ago - Seeking Alpha

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...

7 weeks ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

Annaly Capital Management, Inc. Reports 3rd Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. Reports 3rd Quarter 2024 Results.

2 months ago - Business Wire

3 Shares Yielding Over 9%

We've got three shares where big yields are offset by one flaw or another. I recently closed out my position in one of these shares for a gain of more than 40%. Great choice about 17 months ago. Not a...

2 months ago - Seeking Alpha

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

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

2 months ago - Seeking Alpha

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.

2 months ago - Business Wire

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...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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...

Other symbols: RKT
2 months ago - PRNewsWire

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...

3 months ago - Seeking Alpha

The High Yield Desert

I frequently discuss high-yield sectors like mortgage REITs, BDCs, and preferred shares, emphasizing the importance of knowing when not to buy. Preferred shares have rallied above targets, reducing bu...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha