Annaly Capital Management, Inc. (NLY)

NYSE: NLY · Real-Time Price · USD
21.92
-0.30 (-1.35%)
At close: Mar 18, 2026, 4:00 PM EDT
21.83
-0.09 (-0.41%)
Pre-market: Mar 19, 2026, 8:41 AM EDT
Market Cap15.75B +25.8%
Revenue (ttm)2.38B +82.0%
Net Income1.87B +102.3%
EPS2.92 +80.2%
Shares Out 718.39M
PE Ratio7.51
Forward PE7.41
Dividend$2.80 (12.77%)
Ex-Dividend DateMar 31, 2026
Volume7,848,085
Open22.14
Previous Close22.22
Day's Range21.90 - 22.29
52-Week Range16.60 - 24.52
Beta1.30
AnalystsBuy
Price Target23.73 (+8.26%)
Earnings DateApr 29, 2026

About NLY

Annaly Capital Management, Inc., a diversified capital manager, engages in the residential mortgage finance business. 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-backed securities; residential mortgage loans; and agency or private label credit risk transfer se... [Read more]

IPO Date Oct 8, 1997
Employees 212
Stock Exchange NYSE
Ticker Symbol NLY
Full Company Profile

Financial Performance

In 2025, Annaly Capital Management's revenue was $2.38 billion, an increase of 82.04% compared to the previous year's $1.31 billion. Earnings were $1.87 billion, an increase of 120.61%.

Financial Statements

Analyst Summary

According to 11 analysts, the average rating for NLY stock is "Buy." The 12-month stock price target is $23.73, which is an increase of 8.26% from the latest price.

Price Target
$23.73
(8.26% upside)
Analyst Consensus: Buy
Stock Forecasts

News

8.9% Dividend Yield Finally Enters The Buy Zone From Annaly Capital Preferred Share

Yield near 9%. Price support from retail investors about a penny below market price. Solid yield-to-risk ratio. Modest upside. Among Annaly Capital Management's preferred shares, NLY-I is more attract...

2 days ago - Seeking Alpha

Transitioning Annaly Capital And Its Undervalued Tax-Benefitted Preferred 'I' Shares

Annaly Capital (NLY) had been primarily an agency mortgage REIT (mREIT) but it has been in transition to a different business model. This article covers the changes that NLY is making and assesses the...

2 days ago - Seeking Alpha

Annaly Preferreds: Series I Offers Slightly Better Value Than Series F

Annaly Capital Management (NLY) offers two nearly identical floating-rate preferreds: Series F (NLY.PR.F) and Series I (NLY.PR.I). Both NLY.PR.F and NLY.PR.I share the same credit exposure, floating-r...

3 days ago - Seeking Alpha

NLY-F Preferred: A 5% Spread Over T-Bills With Floating Income

Annaly Capital Management's 6.95% Series F Preferred (NLY.PR.F) offers an 8.8% yield, floating quarterly at SOFR plus 5.25%, with cumulative dividends. NLY-F's floating structure sharply reduces durat...

5 days ago - Seeking Alpha

Annaly Capital Management, Inc. Announces 1st Quarter 2026 Common Stock Dividend of $0.70 per Share

NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. Announces 1st Quarter 2026 Common Stock Dividend of $0.70 per Share.

6 days ago - Business Wire

DX And NLY: A 13.6% Yield Barbell Strategy For Turbulent Times

Combining DX and NLY offers a defensive, high-yield mREIT strategy amid market turbulence and rising interest rate volatility. DX provides higher leverage (7.3x) and yield (14.99%), while NLY offers s...

Other symbols: DX
9 days ago - Seeking Alpha

The Income Recipe: Balancing Stability And Spice For A 10% Yield

Replace your missing paycheck with a robust income stream designed to cover your real-world expenses. Anchor your portfolio with an 8% yield from preferred stocks. Use specialized funds to gain expert...

Other symbols: EPDRILYTHW
15 days ago - Seeking Alpha

Annaly Capital Vs. Starwood Property Trust: Higher Dividend Yield Is Not Necessarily Better

With an uncertain outlook of future rate cuts, mREIT investors should look past yield and look for companies with lower leverage, lower rate sensitivity, and better capital reservation. Starwood Prope...

Other symbols: STWD
16 days ago - Seeking Alpha

65 January/February 2026 Top Dogs - Catch 47 Buys For March

I focus on 65 high-yield, cash flow-positive "Dividend Dogs" in articles posted in January and February, emphasizing safety and value based on free cash flow yield exceeding dividend yield. Analyst ta...

21 days ago - Seeking Alpha

Annaly Capital's Easy Money Is Gone - But The 12% Yield Isn't

Annaly Capital's Easy Money Is Gone - But The 12% Yield Isn't

27 days ago - Seeking Alpha

Annaly Capital Management, Inc. Announces Preferred Dividends

NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. Announces Preferred Dividends.

5 weeks ago - Business Wire

When Bubbles Pop, You Will Be Glad You Own High Dividends

The S&P 500 Peak: At 28.4x earnings, the broad market is trading at a premium that makes forward 15% annual returns mathematically improbable for the next decade. Cash Flow Flexibility: High yields pr...

Other symbols: EPR
5 weeks ago - Seeking Alpha

Annaly Capital: Strong Rate Setup For 2026

Annaly (NLY) is rapidly expanding its mortgage-backed securities portfolio, delivering strong Q4 results with robust net interest income and book value growth. NLY's net interest spread rose to 0.93%,...

5 weeks ago - Seeking Alpha

Beyond The 15 Minutes Of Fame: Locking In +12% Yields With Agency MBS

Beyond The 15 Minutes Of Fame: Locking In +12% Yields With Agency MBS

Other symbols: AGNC
6 weeks ago - Seeking Alpha

High-Yield Carnage In 2026

Multiple mortgage REITs fell by over 10% on the day. The stock driving the bus of bad dropped 33% on Friday and is continuing lower today. Preferred shares and baby bonds have consistently outperforme...

6 weeks ago - Seeking Alpha

8% High Dividend Yield From Annaly Capital Preferred Share

8% High Dividend Yield From Annaly Capital Preferred Share

6 weeks ago - Seeking Alpha

Annaly Capital Management, Inc. (NLY) Q4 2025 Earnings Call Transcript

Annaly Capital Management, Inc. (NLY) Q4 2025 Earnings Call Transcript

6 weeks ago - Seeking Alpha

NewYear Barron's Pro-Picks: 2 IDEAL January DiviDogs

Barron's NewYear 2026 Roundtable highlights 74 select stocks, emphasizing high-yield 'dogcatcher' analysis for dividend-focused investors. Annaly Capital Management and Rogers Communications stand out...

7 weeks ago - Seeking Alpha

Annaly Capital Management, Inc. Reports 4th Quarter 2025 Results

NEW YORK--(BUSINESS WIRE)--ANNALY CAPITAL MANAGEMENT, INC. REPORTS 4th QUARTER 2025 RESULTS.

7 weeks ago - Business Wire

14% Yield And Monthly Payments: Why I Prefer Dynex Over Annaly Capital

Dynex and Annaly Capital are both rated 'Buy' and positioned to benefit from Fed rate cuts in the mREIT sector. However, in this article, you will discover why I prefer buying DX. This analysis aims t...

2 months ago - Seeking Alpha

Annaly Capital: The 12% Yield Appears Legit

Annaly Capital (NLY) is outperforming, having delivered a 23% price gain and a 36% total return over the past year. NLY's performance notably exceeds the S&P 500's 19.5% return, challenging its prior ...

2 months ago - Seeking Alpha

Annaly Capital Management, Inc. Announces Dates of Fourth Quarter 2025 Financial Results and Conference Call

NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. Announces Dates of Fourth Quarter 2025 Financial Results and Conference Call.

2 months ago - Business Wire

Earn +12% Yield While Living The American Dream

High mortgage rates remain the primary obstacle to the American Dream; with the current 30-year fixed rate at 6.20%, the income required to buy a house has nearly doubled since 2019. Despite recent sp...

Other symbols: MBB
2 months ago - Seeking Alpha

Annaly Capital: A Double-Digit Dividend Yield That Actually Looks Covered

Annaly Capital Management (NLY) benefits from easing Fed policy, stabilized inflation, and improved net interest spreads, supporting earnings and dividend sustainability. Annaly Capital maintains a co...

2 months ago - Seeking Alpha

Annaly Capital Management, Inc. Announces Retirement of Chief Legal Officer

NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. Announces Retirement of Chief Legal Officer.

2 months ago - Business Wire