Annaly Capital Management
NLY
Market cap $11.6B

20.12 USD

+0.03

0.15%

At close Apr 2, 4:00 PM EDT

After hours

19.93

-0.19

0.94%

1 day

0.15%

5 days

-4.82%

1 month

-7.02%

3 months

9.47%

6 months

2.71%

Year to date

9.47%

1 year

4.25%

5 years

10.31%

10 years

-51.87%

About: Annaly Capital Management Inc is an American mortgage real estate investment trust. Its business objective is to generate net income for distribution to its stockholders and optimize its returns through prudent management of its diversified investment strategies. The company's reportable operating segments are; the Agency segment, which invests in Agency mortgage-backed securities collateralized by residential mortgages; the Residential Credit segment, which invests in non-Agency residential whole loans and securitized products within the residential and commercial markets; the Mortgage Servicing Rights segment; and Corporate & Other. Maximum revenue for the company is generated from its Agency segment.

Employees: 191

Real Estate Diversified REIT

0

Funds holding %

of 7,398 funds

0

Analysts bullish %

of 4 analysts

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

81% more call options, than puts

Call options by funds: $106M | Put options by funds: $58.6M

75% more funds holding in top 10

Funds holding in top 10: 4 [Q3] → 7 (+3) [Q4]

74% more repeat investments, than reductions

Existing positions increased: 259 | Existing positions reduced: 149

31% more first-time investments, than exits

New positions opened: 102 | Existing positions closed: 78

4.89% more ownership

Funds ownership: 54.14% [Q3] → 59.03% (+4.89%) [Q4]

4% more capital invested

Capital invested by funds: $5.85B [Q3] → $6.07B (+$220M) [Q4]

1% more funds holding

Funds holding: 605 [Q3] → 611 (+6) [Q4]

See Fund Rankings

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$19

6%

downside

Avg. target

$21

3%

upside

High target

$22

9%

upside

4 analyst ratings

3 positive

75%

1 neutral

25%

0 negative

0%

RBC Capital Kenneth Lee 40% 1-year accuracy 22 / 55 met price target	9%upside $22	Outperform Reiterated	10 Feb 2025
JP Morgan Richard Shane 75% 1-year accuracy 6 / 8 met price target	4%upside $21	Overweight Maintained	31 Jan 2025
Jones Trading Jason Weaver 48% 1-year accuracy 16 / 33 met price target	4%upside $21	Buy Maintained	31 Jan 2025
Barclays Mark Devries 75% 1-year accuracy 15 / 20 met price target	6%downside $19	Equal-Weight Initiated	6 Jan 2025

See Analyst Rankings

Financial journalist opinion

Based on 20 articles about NLY published over the past 30 days

13% Yield, +7% Dividend Hike: Annaly Capital

Stop looking at charts from periods of economic strength and look at periods of economic weakness to project forward outlooks. Buy investments that will generate outsized income in difficult situations. After years of shrinking dividends, the dividend is growing again.

13% Yield, +7% Dividend Hike: Annaly Capital

Preferreds Weekly Review: No News Is Great News For Dynex Capital Series C

We take a look at the action in preferreds and baby bonds through the third week of March and highlight some of the key themes we are watching. Preferred stocks gained alongside Treasuries, with credit spreads holding steady. DX.PR.C's switch to a floating coupon of SOFR + 5.723% in mid-April will result in a high yield of around 9.95%.

Preferreds Weekly Review: No News Is Great News For Dynex Capital Series C

Call Risk Ruins This Annaly Capital Management Preferred Share

Mortgage REITs like Annaly Capital Management's common stock are high-risk and best treated as trading securities, not buy-and-hold investments. Annaly's preferred shares, particularly NLY-I, carry minimal risk except for call risk. The call risk is nasty. NLY-I's current price of $25.87 risks a $0.71 per share loss if called, making it prudent to wait for a better entry point.

Call Risk Ruins This Annaly Capital Management Preferred Share

Let's Talk Mortgage REITs (But Not For Too Long)

A bunch of mortgage REITs were severely overvalued. Now they are less overvalued. But some others are actually bargains. Tons of charts because images are fun. Ellington Financial's higher price-to-book ratio may be due to lower volatility in the total economic return by period. Digital Realty Trust deserves to be mocked. I am reporting for duty!

Let's Talk Mortgage REITs (But Not For Too Long)

Zacks Investment Research

Annaly Capital Management (NLY) Stock Declines While Market Improves: Some Information for Investors

In the latest trading session, Annaly Capital Management (NLY) closed at $21.61, marking a -0.32% move from the previous day.

Annaly Capital Management (NLY) Stock Declines While Market Improves: Some Information for Investors

15% Yields Want To Mug Your Dividends

Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture some gains in this sector.

15% Yields Want To Mug Your Dividends

Zacks Investment Research

Are Finance Stocks Lagging Annaly Capital Management (NLY) This Year?

Here is how Annaly Capital Management (NLY) and Bank First Corporation (BFC) have performed compared to their sector so far this year.

Are Finance Stocks Lagging Annaly Capital Management (NLY) This Year?

Annaly: Stability Improves With Falling Mortgage Spreads, But Residential Credit Risk May Surface

Since December, Annaly Capital Management has delivered a 16% total return, outperforming the S&P 500, driven by lower mortgage spreads. Unlike most stocks, NLY remained roughly flat over the past month, signaling surprising defensive value in agency mortgage REITs. Although a recession may increase mortgage credit risks, most of Annaly's assets are guaranteed by agencies; though Fannie Mae and Freddie Mac remain undercapitalized.

Annaly: Stability Improves With Falling Mortgage Spreads, But Residential Credit Risk May Surface

Zacks Investment Research

Best Income Stocks to Buy for March 18th

NLY, ECO and TEF made it to the Zacks Rank #1 (Strong Buy) income stocks list on March 18, 2025.

Best Income Stocks to Buy for March 18th

Zacks Investment Research

Annaly Shares Gain as It Increases Quarterly Dividend by 7.7%

NLY increases the first-quarter 2025 dividend by 7.7% to 70 cents per share. Given its decent liquidity, capital distribution seems sustainable.

Annaly Shares Gain as It Increases Quarterly Dividend by 7.7%

See News Rankings

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