Annaly Capital Management (NLY) Stock Price, News & Analysis

Company Overview

Annaly Capital Management, Inc. is a publicly traded real estate investment trust (REIT) that specializes in investments in mortgage-backed securities and other real-estate-related assets. Founded in 1997, the company seeks to generate attractive risk‐adjusted returns for shareholders through a diversified portfolio of agency and non-agency residential mortgage‐backed securities, commercial mortgage‐backed securities, and other credit investments. Annaly maintains a disciplined investment approach, leveraging its access to financing markets to optimize portfolio returns while managing interest rate and prepayment risk.

The firm’s core business activities include acquiring and financing agency mortgage-backed securities issued by U.S. government-sponsored enterprises, acquiring non-agency residential credit investments and commercial real estate debt, and managing a book of direct mortgage loans. Annaly employs a liability management strategy that utilizes repurchase financing, unsecured debt issuance, and preferred equity solutions. Through its capital markets platform, the company seeks to balance yield generation with prudent risk controls, adjusting its leverage profile in response to market conditions.

Headquartered in New York City, Annaly serves investors by providing liquidity to the mortgage finance system and participating in various segments of the U.S. housing and real estate markets. Over time, the company has expanded its investment scope to include credit-sensitive assets, residential real estate equities, and servicing platforms. Annaly’s operations are supported by a team of professionals across origination, portfolio management, research, and risk management, reflecting decades of collective experience in fixed income, structured finance, and real estate investing.

Leadership at Annaly is anchored by founder and chairman Michael A. Farrell, who brings extensive expertise in the mortgage finance industry. The company’s senior management team, led by a chief executive officer with deep experience in real estate capital markets, works alongside an independent board of directors to set strategy, oversee risk management, and guide capital allocation. Through this seasoned governance structure, Annaly aims to deliver stable dividend income and long-term value creation for its shareholders.

Key Stats

• Today's Range: $19.63 to $19.81
• 50-Day Range: $18.70 to $19.89
• 52-Week Range: $16.60 to $22.11
• Volume: 4.34 million shs
• Average Volume: 6.88 million shs
• Market Capitalization: $11.79 billion
• P/E Ratio: 22.17
• Dividend Yield: 14.19%
• Price Target: $20.90
• Consensus Rating: Moderate Buy

Annaly Capital Management Stock Analysis - MarketRank™

Annaly Capital Management scored higher than 78% of companies evaluated by MarketBeat, and ranked 323rd out of 933 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Annaly Capital Management has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Annaly Capital Management has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -1.07%

Earnings Growth

Earnings for Annaly Capital Management are expected to decrease by -1.07% in the coming year, from $2.81 to $2.78 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Annaly Capital Management is 22.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.85.

Price to Earnings Ratio vs. Sector

The P/E ratio of Annaly Capital Management is 22.17, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.20.

Price to Earnings Growth Ratio

Annaly Capital Management has a PEG Ratio of 4.34. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Annaly Capital Management has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.86% of the float of Annaly Capital Management has been sold short.

Short Interest Ratio / Days to Cover

Annaly Capital Management has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Annaly Capital Management has recently increased by 65.52%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Annaly Capital Management is a leading dividend payer. It pays a dividend yield of 14.20%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Annaly Capital Management has only been increasing its dividend for 2 years.

Dividend Coverage

The dividend payout ratio of Annaly Capital Management is 314.61%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Annaly Capital Management will have a dividend payout ratio of 100.72% in the coming year. This indicates that Annaly Capital Management may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 2.0 / 5
• Environmental Score: -2.34

Percentage of Shares Shorted

2.86% of the float of Annaly Capital Management has been sold short.

Short Interest Ratio / Days to Cover

Annaly Capital Management has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Annaly Capital Management has recently increased by 65.52%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 4.0 / 5
• News Sentiment: 1.15

News Sentiment

Annaly Capital Management has a news sentiment score of 1.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.95 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 17 news articles for Annaly Capital Management this week, compared to 10 articles on an average week.

Search Interest

52 people have searched for NLY on MarketBeat in the last 30 days. This is an increase of 11% compared to the previous 30 days.

MarketBeat Follows

11 people have added Annaly Capital Management to their MarketBeat watchlist in the last 30 days. This is an increase of 22% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Annaly Capital Management insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.22% of the stock of Annaly Capital Management is held by insiders.

Percentage Held by Institutions

51.56% of the stock of Annaly Capital Management is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NLY Stock Analysis - Frequently Asked Questions

How have NLY shares performed this year?

Annaly Capital Management's stock was trading at $18.30 at the beginning of the year. Since then, NLY shares have increased by 7.8% and is now trading at $19.73.

How were Annaly Capital Management's earnings last quarter?

Annaly Capital Management Inc (NYSE:NLY) released its earnings results on Wednesday, April, 30th. The real estate investment trust reported $0.72 EPS for the quarter, beating analysts' consensus estimates of $0.71 by $0.01. The real estate investment trust earned $186.64 million during the quarter, compared to analysts' expectations of $418.04 million. Annaly Capital Management had a trailing twelve-month return on equity of 15.31% and a net margin of 13.10%.
Read the conference call transcript.

When did Annaly Capital Management's stock split?

Annaly Capital Management shares reverse split on the morning of Monday, September 26th 2022.The 1-4 reverse split was announced on Monday, September 26th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Monday, September 26th 2022. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

Who are Annaly Capital Management's major shareholders?

Annaly Capital Management's top institutional shareholders include Kingstone Capital Partners Texas LLC (0.85%), Swedbank AB (0.18%), Mn Services Vermogensbeheer B.V. (0.04%) and Key Client Fiduciary Advisors LLC (0.03%).
View institutional ownership trends.

How do I buy shares of Annaly Capital Management?

Shares of NLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Annaly Capital Management own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Annaly Capital Management investors own include Verizon Communications (VZ), AT&T (T), AGNC Investment (AGNC), Energy Transfer (ET), Enterprise Products Partners (EPD), Meta Platforms (META) and Pfizer (PFE).

Company Calendar

• Record date for 4/30 Dividend: 3/31/2025
• Ex-Dividend for 4/30 Dividend: 3/31/2025
• Last Earnings: 4/30/2025
• Dividend Payable: 4/30/2025
• Record date for 7/31 Dividend: 6/30/2025
• Ex-Dividend for 7/31 Dividend: 6/30/2025
• Today: 7/13/2025
• Next Earnings (Estimated): 7/23/2025
• Dividend Payable: 7/31/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - MTGE TRUST
• Sub-Industry: Mortgage REITs
• Current Symbol: NYSE:NLY
• CIK: 1043219
• Web: www.annaly.com
• Phone: (212) 696-0100
• Fax: 212-696-9809
• Employees: 160
• Year Founded: 1997

Price Target and Rating

• Average Price Target for Annaly Capital Management: $20.90
• High Price Target: $23.50
• Low Price Target: $19.00
• Potential Upside/Downside: +5.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.73
• Research Coverage: 11 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.89
• Trailing P/E Ratio: 22.17
• Forward P/E Ratio: 7.02
• P/E Growth: 4.34
• Net Income: $1.00 billion
• Net Margins: 13.10%
• Pretax Margin: 13.85%
• Return on Equity: 15.31%
• Return on Assets: 1.65%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.10
• Quick Ratio: 0.10

Sales & Book Value

• Annual Sales: $4.84 billion
• Price / Sales: 2.44
• Cash Flow: $3.05 per share
• Price / Cash Flow: 6.46
• Book Value: $19.91 per share
• Price / Book: 0.99

Miscellaneous

• Outstanding Shares: 597,550,000
• Free Float: 596,240,000
• Market Cap: $11.79 billion
• Optionable: Optionable
• Beta: 1.22