Annaly Capital Management, Inc. (NLY)

NYSE: NLY · IEX Real-Time Price · USD
18.50
+0.43 (2.38%)
Dec 1, 2023, 4:00 PM EST - Market closed
2.38%
Market Cap 9.25B
Revenue (ttm) -1.93B
Net Income (ttm) -2.26B
Shares Out 500.09M
EPS (ttm) -5.26
PE Ratio n/a
Forward PE 6.93
Dividend $2.60 (14.05%)
Ex-Dividend Date Sep 28, 2023
Volume 5,917,148
Open 18.07
Previous Close 18.07
Day's Range 17.97 - 18.51
52-Week Range 14.52 - 24.43
Beta 1.48
Analysts Buy
Price Target 21.69 (+17.24%)
Earnings Date Oct 25, 2023

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; residential mortgage loans; and agency or private label credit risk transfer securities. It has elected to be taxed as a real estate investment trust (REIT). As a REIT, it is not ... [Read more]

Industry REIT - Mortgage
Sector Real Estate
IPO Date Oct 8, 1997
Employees 161
Stock Exchange NYSE
Ticker Symbol NLY
Full Company Profile

Financial Performance

In 2022, NLY's revenue was $1.93 billion, a decrease of -25.21% compared to the previous year's $2.59 billion. Earnings were $1.61 billion, a decrease of -29.25%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for NLY stock is "Buy." The 12-month stock price forecast is $21.69, which is an increase of 17.24% from the latest price.

Price Target
$21.69
(17.24% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

25 days ago - Business Wire

These 3 Financial Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Granite Point Mortgage (NYSE:GPMT), Annaly Capital Management (NYSE:NLY)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: GPMTTRTX
25 days ago - Benzinga

Annaly Capital Management, Inc. Reports 3rd Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. Reports 3rd Quarter 2023 Results.

5 weeks ago - Business Wire

Annaly Capital Management, Inc. Announces Dates of Third Quarter 2023 Financial Results and Conference Call

NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. (NYSE:NLY) (“Annaly” or the “Company”) announced today that it will release its financial results for the quarter ended September 30, 2023 af...

2 months ago - Business Wire

Annaly Capital Management, Inc. Announces 3rd Quarter 2023 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 third quarter 2023 common stock cash dividend of $0.65 per com...

3 months ago - Business Wire

Annaly Capital Management, Inc. Expands Board with Election of Manon Laroche and Scott Wede

NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. (NYSE: NLY) (“Annaly” or the “Company”) announced today that the Board of Directors of the Company (the “Board”) has elected Manon Laroche, f...

3 months ago - Business Wire

Op-ed: Mortgage real estate investment trusts may be a soft-landing winner. Here are REITs worth a look

The outlook for residential mortgage REITs may perk up. That's due to a slew of economic data pointing toward a so-called soft landing becoming more plausible.

Other symbols: AGNC
4 months ago - CNBC

Annaly Capital Management, Inc. Reports 2nd Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. Reports 2nd Quarter 2023 Results.

4 months ago - Business Wire

Annaly Capital stock yields 15%: Here's why I prefer SPY ETF

The American economy is doing modestly well. On Thursday, data by ADP showed that the country's private sector added over 480k jobs in June.

Other symbols: SPY
5 months ago - Invezz

Annaly Capital Management, Inc. Announces Dates of Second Quarter 2023 Financial Results and Conference Call

NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. (NYSE:NLY) (“Annaly” or the “Company”) announced today that it will release its financial results for the quarter ended June 30, 2023 after t...

5 months ago - Business Wire

Annaly Capital Management, Inc. Publishes Fourth ESG Report

NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. (NYSE: NLY) (the “Company” or “Annaly”) announced today the publication of its fourth ESG report for the year 2022, titled 25 Years of Purpos...

6 months ago - Business Wire

Annaly Capital Management, Inc. Announces 2nd Quarter 2023 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 second quarter 2023 common stock cash dividend of $0.65 per co...

6 months ago - Business Wire

Looking For Passive Income? These Dividend Stocks Yield Up To 13.4% — And Wall Street Sees Major Upside In Them

The timeless adage “buy low, sell high” has attracted countless people to participate in the stock market. But as many discover the hard way, the strategy is easier said than done.

Other symbols: FEPXD
7 months ago - Benzinga

Annaly Capital Management, Inc. Reports 1st Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. Reports 1st Quarter 2023 Results.

7 months ago - Business Wire

Wall Street's Most Accurate Analysts Say Buy These 3 Financial Stocks With Over 6% Dividend Yields - Annaly Capital Management (NYSE:NLY), KeyCorp (NYSE:KEY)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: KEYSTWD
8 months ago - Benzinga

Annaly Capital Management, Inc. Announces Dates of First Quarter 2023 Financial Results and Conference Call

NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. (NYSE:NLY) (“Annaly” or the “Company”) announced today that it will release its financial results for the quarter ended March 31, 2023 after ...

8 months ago - Business Wire

Annaly Capital Management, Inc. Expands Board with Election of Martin Laguerre

NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. (NYSE: NLY) (“Annaly” or the “Company”) announced today that the Board of Directors of the Company (the “Board”) has elected Martin Laguerre,...

9 months ago - Business Wire

Annaly Capital Management, Inc. Announces 1st Quarter 2023 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 first quarter 2023 common stock cash dividend of $0.65 per com...

9 months ago - Business Wire

Annaly Co-Founder Wellington J. Denahan to Retire from the Board after More than 25 Years

NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. (NYSE: NLY) (“Annaly” or the “Company”) announced today that Wellington J.

10 months ago - Business Wire

Best REITS For Reliable Income For 2023

REITs are dividend-paying entities that own or finance real estate.

Other symbols: ARRCHMICIMIVRMFAORCRC
10 months ago - Forbes

Annaly Capital Management, Inc. Reports 4th Quarter 2022 Results

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

10 months ago - Business Wire

Annaly Capital Management, Inc. Included in Bloomberg Gender-Equality Index for Sixth Consecutive Year

NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. (NYSE:NLY) (“Annaly” or the “Company”) today announced that it joins 483 other companies as a member of the 2023 Bloomberg Gender-Equality ...

10 months ago - Business Wire

Annaly Capital Management, Inc. Announces Dates of Fourth Quarter 2022 Financial Results and Conference Call

NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. (NYSE:NLY) (“Annaly” or the “Company”) announced today that it will release its financial results for the quarter and year ended December 3...

11 months ago - Business Wire

Annaly Capital Management, Inc. Announces Steven F. Campbell Appointed as President

NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. (NYSE: NLY) (“Annaly” or the “Company”) today announced that the Board of Directors has appointed Steven F. Campbell, the Company's Chief O...

1 year ago - Business Wire

Annaly Capital Management, Inc. Announces 4th Quarter 2022 Common Stock Dividend of $0.88 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 2022 common stock cash dividend of $0.88 per ...

1 year ago - Business Wire