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NLY Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
21.900
Open
21.600
VWAP
21.76
Vol
24.43M
Mkt Cap
16.01B
Low
21.530
Amount
531.64M
EV/EBITDA(TTM)
60.67
Total Shares
732.78M
EV
135.35B
EV/OCF(TTM)
--
P/S(TTM)
1.98
Annaly Capital Management, Inc. is a diversified capital manager with investment strategies across mortgage finance. It owns a portfolio of real estate related investments, including mortgage pass-through certificates, collateralized mortgage obligations, credit risk transfer (CRT) securities, and other securities representing interests in or obligations backed by pools of mortgage loans, residential mortgage loans and mortgage servicing rights. Its investment groups include Annaly Agency Group, Annaly Residential Credit Group, and Annaly Mortgage Servicing Rights Group. Annaly Agency Group invests in agency mortgage-backed securities collateralized by residential mortgages. Annaly Residential Credit Group invests in non-agency residential mortgage assets within residential and commercial markets. Annaly Mortgage Servicing Rights Group invests in MSR, which provides the right to service residential mortgage loans in exchange for a portion of the interest payments made on the loans.
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Events Timeline

(ET)
2026-04-21
16:10:00
Annaly Reports Book Value Per Share of $19.82
select

News

Fool
9.5
05-31Fool
PinnedAnalysis of Annaly Capital's 12.9% Dividend Yield
  • Dividend Yield Comparison: Annaly Capital boasts a striking 12.9% dividend yield, significantly higher than the S&P 500's 1.1% and the average REIT's 3.6%, indicating its attractiveness but also inherent risks.
  • Interest Rate Risk Management: As of Q1 2026, 87% of the company's portfolio was hedged, down from 90% at the end of 2025, reflecting a cautious approach to interest rate volatility aimed at protecting dividend payments.
  • Complexity of Dividend Payments: Annaly adopted a conservative hedging strategy throughout the quarter to navigate high volatility, suggesting that the company can maintain its dividend even amid significant rate fluctuations.
  • Long-term Investment Risks: While the current dividend yield is appealing, historical volatility warns long-term investors to tread carefully, as both the dividend and stock price are lower than they were a decade ago, indicating potential income and capital erosion for dividend-dependent investors.
NASDAQ.COM
9.5
05-31NASDAQ.COM
Annaly Capital's High Dividend Yield and Risk Management
  • High Dividend Appeal: Annaly Capital boasts a striking 12.9% dividend yield, significantly surpassing the S&P 500's 1.1% and the average REIT's 3.6%, attracting investor interest while indicating potential interest rate risks.
  • Interest Rate Risk Management: As of Q1 2026, 87% of Annaly's portfolio was hedged, down from 90% at the end of 2025, reflecting the company's cautious approach to interest rate volatility, which supports its ability to maintain dividend payments.
  • Dividend Volatility: Despite the attractive current yield, Annaly's dividend has a history of volatility, prompting long-term investors to exercise caution, particularly those relying on dividends for living expenses who may face risks.
  • Total Return Performance: Since its IPO, Annaly's stock has outperformed the S&P 500 in total return, yet both its stock price and dividend are lower than they were a decade ago, indicating that without reinvesting dividends, investors may end up with reduced income and capital.
Fool
8.0
05-23Fool
Key Considerations for Mortgage REIT Investors
  • High Yield Risks: Annaly Capital and AGNC Investment boast dividend yields of 13.05% and 14.10%, respectively, which are attractive but come with significant volatility in dividend history, making them potentially unsuitable for income-dependent investors.
  • Return Analysis: Despite the dividend fluctuations, long-term investors who reinvest dividends have seen total returns from Annaly and AGNC comparable to the S&P 500, indicating their diversification value in asset allocation strategies.
  • Business Model Differences: AGNC focuses on owning and managing agency mortgage securities guaranteed by entities like Fannie Mae, while Annaly operates a more diversified model that includes non-agency mortgages and mortgage servicing, providing a more stable cash flow.
  • Economic Return Performance: In Q1 2026, AGNC reported a negative economic return of 1.8%, while Annaly achieved a positive economic return of 1.5%, highlighting the differing performances of the two mREITs amid market volatility, necessitating investor preference based on risk tolerance.
NASDAQ.COM
8.5
05-23NASDAQ.COM
Yield Analysis of Annaly and AGNC Investments
  • Yield Comparison: AGNC Investment boasts a yield of 13.9%, while Annaly Capital offers 12.9%, both significantly higher than the S&P 500's 1.1% and the average financial stock's 1.5%, indicating strong income potential but also heightened risk.
  • Dividend History Volatility: Despite their attractive yields, both mREITs have experienced significant dividend volatility, making them less suitable for investors seeking stable income, particularly during periods of declining dividends.
  • Total Return Potential: For investors focused on total returns, both Annaly and AGNC have delivered returns comparable to the S&P 500, suggesting that with the right investment strategy, these mREITs can provide valuable diversification benefits to a portfolio.
  • Investment Preference: AGNC is fully focused on agency mortgage securities, while Annaly has a more diversified business model that includes non-agency mortgages and mortgage servicing, leading investors to choose based on their preference for diversification.
seekingalpha
9.5
05-20seekingalpha
Annaly Capital Management Stock Continues Downward Trend
  • Poor Stock Performance: Annaly Capital Management's stock has declined nearly 5% over the past month and is down 4.87% year-to-date, significantly underperforming the S&P 500's 8.43% gain, indicating weakness in its market position.
  • Earnings Beat Expectations: Despite the stock decline, the company reported stronger-than-expected Q1 results on April 21, with earnings available for distribution at $0.76 per share, surpassing Wall Street's $0.74 estimate and rising from $0.74 in Q4, highlighting growth potential in its non-agency business.
  • Portfolio Expansion: Annaly expanded its residential credit portfolio by 30% to $10.3 billion and increased its mortgage servicing rights portfolio by 9% to $4.2 billion, demonstrating a proactive strategy in diversifying its investments.
  • Optimistic Future Outlook: CEO David Finkelstein stated that Annaly is positioned for “attractive risk-adjusted returns” through 2026, focusing on growth in residential credit and mortgage servicing rights, although analysts currently rate the stock as a Hold, reflecting cautious sentiment about its future performance.
NASDAQ.COM
9.5
05-20NASDAQ.COM
Annaly Capital Management Performance Analysis
  • High Dividend Yield: Annaly Capital's dividend yield stands at approximately 13%, significantly higher than the S&P 500's 1.1%, indicating its attractiveness in the market, even as its stock trades above book value, it continues to draw investor interest.
  • Portfolio Growth: As of the first quarter, Annaly's total investment portfolio reached $106.7 billion, an increase of $2 billion from the end of last year, with $92.2 billion in government-backed mortgage securities, showcasing its strong position in the mortgage market.
  • Capital Raising Ability: The company successfully raised $509 million in capital during the first quarter, primarily for residential credit and mortgage servicing rights investments, demonstrating its effective capital management by leveraging its stock price premium.
  • Improved Profitability: Annaly's earnings available for distribution (EAD) was $0.76 per share, exceeding the $0.70 dividend, and showing growth from the previous year, indicating enhanced profitability and sustainability of its dividend.
Wall Street analysts forecast NLY stock price to rise
8 Analyst Rating
Wall Street analysts forecast NLY stock price to rise
6 Buy
2 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
21.50
Averages
23.09
High
25.00
Current: 0.000
sliders
Low
21.50
Averages
23.09
High
25.00
UBS
Neutral
maintain
$23
AI Analysis
2026-04-24
Reason
UBS
Price Target
$23
AI Analysis
2026-04-24
maintain
Neutral
Reason
UBS raised the firm's price target on Annaly Capital to $23 from $22.50 and keeps a Neutral rating on the shares.
JPMorgan
Richard Shane
NULL
to
Overweight
maintain
$23 -> $24
2026-04-23
Reason
JPMorgan
Richard Shane
Price Target
$23 -> $24
2026-04-23
maintain
NULL
to
Overweight
Reason
JPMorgan analyst Richard Shane raised the firm's price target on Annaly Capital to $24 from $23 and keeps an Overweight rating on the shares. The firm upped its book value estimate following the company's Q1 report.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for NLY
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Valuation Metrics

The current forward P/E ratio for Annaly Capital Management Inc (NLY.N) is 6.72, compared to its 5-year average forward P/E of 7.22. For a more detailed relative valuation and DCF analysis to assess Annaly Capital Management Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
7.22
Current PE
6.72
Overvalued PE
7.87
Undervalued PE
6.56

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
5.28
Current EV/EBITDA
68.63
Overvalued EV/EBITDA
21.12
Undervalued EV/EBITDA
-10.55

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
7.64
Current PS
6.87
Overvalued PS
12.63
Undervalued PS
2.65

Financials

AI Analysis
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Whales Holding NLY

F
Fuh Hwa Securities Investment Trust Co., Ltd.
Holding
NLY
+38.33%
3M Return
A
Allspring Global Investments, LLC
Holding
NLY
+12.65%
3M Return
I
Independent Financial Group, LLC
Holding
NLY
+2.03%
3M Return

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Frequently Asked Questions

What is Annaly Capital Management Inc (NLY) stock price today?

The current price of NLY is 21.85 USD — it has increased 1.16

What is Annaly Capital Management Inc (NLY)'s business?

Annaly Capital Management, Inc. is a diversified capital manager with investment strategies across mortgage finance. It owns a portfolio of real estate related investments, including mortgage pass-through certificates, collateralized mortgage obligations, credit risk transfer (CRT) securities, and other securities representing interests in or obligations backed by pools of mortgage loans, residential mortgage loans and mortgage servicing rights. Its investment groups include Annaly Agency Group, Annaly Residential Credit Group, and Annaly Mortgage Servicing Rights Group. Annaly Agency Group invests in agency mortgage-backed securities collateralized by residential mortgages. Annaly Residential Credit Group invests in non-agency residential mortgage assets within residential and commercial markets. Annaly Mortgage Servicing Rights Group invests in MSR, which provides the right to service residential mortgage loans in exchange for a portion of the interest payments made on the loans.

What is the price predicton of NLY Stock?

Wall Street analysts forecast NLY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NLY is23.09 USD with a low forecast of 21.50 USD and a high forecast of 25.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Annaly Capital Management Inc (NLY)'s revenue for the last quarter?

Annaly Capital Management Inc revenue for the last quarter amounts to 1.63B USD, increased 25.60

What is Annaly Capital Management Inc (NLY)'s earnings per share (EPS) for the last quarter?

Annaly Capital Management Inc. EPS for the last quarter amounts to 0.33 USD, increased 120.00

How many employees does Annaly Capital Management Inc (NLY). have?

Annaly Capital Management Inc (NLY) has 212 emplpoyees as of June 01 2026.

What is Annaly Capital Management Inc (NLY) market cap?

Today NLY has the market capitalization of 16.01B USD.