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 generating income through investment in mortgage-related assets. The company’s core business activities include the acquisition, financing, and management of a diversified portfolio of agency and non-agency residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), and other real estate debt instruments. Annaly seeks to profit from the spread between the interest earned on its mortgage investments and its cost of funds, as well as from capital gains realized through active portfolio management.

Founded in 1997 and headquartered in New York City, Annaly has grown to become one of the largest mortgage REITs in the United States. The company went public in 1997 and trades on the New York Stock Exchange under the ticker symbol NLY. Over the years, Annaly has expanded its investment strategies to include credit opportunities and other yield-oriented products, seeking to navigate a variety of interest rate environments and credit market conditions.

Annaly’s investment portfolio is structured around several distinct business segments, including Agency, Credit, and Other Real Estate Investments. The Agency segment focuses on securities issued or guaranteed by U.S. government-sponsored enterprises, offering high liquidity and low credit risk. The Credit segment targets non-agency residential and commercial mortgage assets, while the Other Real Estate Investments segment may include net lease properties and selected opportunistic debt investments. Through this diversified approach, Annaly aims to optimize risk-adjusted returns for its shareholders.

Leadership at Annaly is headed by Michael A. Farrell, who serves as Chairman and Chief Executive Officer, overseeing the firm’s strategic direction and capital management activities. The company’s executive team brings extensive experience in finance, real estate, and risk management. Annaly primarily serves the institutional investment community but also provides access to mortgage market income for retail investors through its listed shares and subsidiary funds.

Key Stats

• Today's Range: $21.96 to $22.16
• 50-Day Range: $19.33 to $22.27
• 52-Week Range: $16.59 to $22.45
• Volume: 4.42 million shs
• Average Volume: 7.68 million shs
• Market Capitalization: $14.14 billion
• P/E Ratio: 21.79
• Dividend Yield: 12.72%
• Price Target: $20.83
• Consensus Rating: Moderate Buy

Annaly Capital Management Stock Analysis - MarketRank™

Annaly Capital Management scored higher than 71% of companies evaluated by MarketBeat, and ranked 468th out of 959 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: 2.1 / 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 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.

Downside Risk

Annaly Capital Management has a consensus price target of $20.83, representing about 5.5% downside from its current price of $22.05.

Amount of Analyst Coverage

Annaly Capital Management has only been the subject of 4 research reports in the past 90 days.

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 21.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.45.

Price to Earnings Ratio vs. Sector

The P/E ratio of Annaly Capital Management is 21.83, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 245.62.

Price to Earnings Growth Ratio

Annaly Capital Management has a PEG Ratio of 5.24. 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 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

2.13% 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 1.9, 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 15.09%, 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 12.67%, 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 277.23%. 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

2.13% 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 1.9, 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 15.09%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 4.0 / 5
• News Sentiment: 1.19

News Sentiment

Annaly Capital Management has a news sentiment score of 1.19. 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 1.06 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for Annaly Capital Management this week, compared to 13 articles on an average week.

Search Interest

64 people have searched for NLY on MarketBeat in the last 30 days. This is an increase of 8% compared to the previous 30 days.

MarketBeat Follows

21 people have added Annaly Capital Management to their MarketBeat watchlist in the last 30 days. This is an increase of 133% 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 2025. Since then, NLY stock has increased by 20.5% and is now trading at $22.0450.

How were Annaly Capital Management's earnings last quarter?

Annaly Capital Management Inc (NYSE:NLY) issued its quarterly earnings data on Wednesday, July, 23rd. The real estate investment trust reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.01. The real estate investment trust had revenue of $273.20 million for the quarter, compared to the consensus estimate of $237 million. Annaly Capital Management had a trailing twelve-month return on equity of 15.53% and a net margin of 13.76%.
Read the conference call transcript.

When did Annaly Capital Management's stock split?

Shares of Annaly Capital Management reverse split before market open on 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 market closes 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?

Top institutional shareholders of Annaly Capital Management include Vanguard Group Inc. (9.14%), State Street Corp (3.53%), Allspring Global Investments Holdings LLC (3.00%) and Geode Capital Management LLC (2.32%).
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 7/31 Dividend: 6/30/2025
• Ex-Dividend for 7/31 Dividend: 6/30/2025
• Last Earnings: 7/23/2025
• Dividend Payable: 7/31/2025
• Today: 9/12/2025
• Record date for 10/31 Dividend: 9/30/2025
• Ex-Dividend for 10/31 Dividend: 9/30/2025
• Next Earnings (Estimated): 10/22/2025
• Dividend Payable: 10/31/2025
• 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: $20.83
• High Price Target: $23.00
• Low Price Target: $19.00
• Potential Upside/Downside: -5.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.64
• Research Coverage: 11 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.01
• Trailing P/E Ratio: 21.77
• Forward P/E Ratio: 7.83
• P/E Growth: 5.24
• Net Income: $1.00 billion
• Net Margins: 13.76%
• Pretax Margin: 14.31%
• Return on Equity: 15.53%
• Return on Assets: 1.68%

Debt

• Debt-to-Equity Ratio: 0.21
• Current Ratio: 0.11
• Quick Ratio: 0.11

Sales & Book Value

• Annual Sales: $4.84 billion
• Price / Sales: 2.92
• Cash Flow: $3.04 per share
• Price / Cash Flow: 7.24
• Book Value: $19.91 per share
• Price / Book: 1.11

Miscellaneous

• Outstanding Shares: 642,080,000
• Free Float: 640,663,000
• Market Cap: $14.13 billion
• Optionable: Optionable
• Beta: 1.24