Headquartered in New York, NY Fiscal year ends December NYSE: NLY annaly.com
Annaly Capital Management, Inc. is a diversified capital manager operating as a mortgage REIT, listed on the New York Stock Exchange under the ticker NLY. The company invests in and finances residential real estate-related assets, managing a portfolio across three primary investment strategies: Agency mortgage-backed securities (the largest allocation), Residential Credit (including whole loan correspondent origination and securitization), and Mortgage Servicing Rights. Annaly generates income primarily through the net interest spread between the yield on its investment portfolio and the cost of its borrowings and hedging activities. Its Residential Credit business, operating through its Onslow Bay subsidiary, is the largest non-bank issuer and second largest overall issuer of Prime Jumbo and Expanded Credit MBS. Onslow Bay is also the fifth largest non-bank servicer of Agency MBS. The company employs significant leverage through repurchase agreements, securitization vehicles, and other financing structures, and actively manages interest rate risk through hedging instruments including interest rate swaps and TBA dollar roll transactions. Updated
Kevin Warsh walked into the Federal Reserve chairmanship and immediately faced a level of internal opposition not seen since Nixon was in the White House. What that number reveals about the next…
Holding high-yield REITs and BDCs in a taxable brokerage triggers a recurring annual tax bill that quietly erodes returns for decades, and the account where you park these six tickers matters far…
Some of the highest-yielding dividend stocks on the market carry a hidden cost that erases thousands of dollars every single year, and the bracket you sit in determines just how severe that…
Holding certain high-yield dividend stocks outside a Roth does not just cost you at tax time, it quietly compounds a five-figure penalty every single year you stay in the wrong account structure.
The Federal Reserve has not touched interest rates in over seven months, yet mortgage rates just climbed to their highest level in years. Understanding why exposes a flaw in how most borrowers…
J.P. Morgan updates its Analyst Focus List every month, and the August edition quietly signals where the firm's top analysts are placing their highest-conviction bets, including a handful of dividend payers that…
Many parents assume braces are something they will deal with when their children reach high school. Increasingly, that is no longer true. Orthodontists now evaluate some children as early as age seven,…
J.P. Morgan just quietly added a high-yield dividend stock to its July Focus List, and it happens to be one we have tracked closely for years. Find out which five names on…
The iShares Mortgage Real Estate ETF (NYSEARCA:REM) is the go-to vehicle for investors who want concentrated exposure to mortgage REITs and the double-digit distribution yield that comes with them. REM holds $531.5…
Rent for a studio apartment in many major coastal cities, including Seattle, Boston, New York, Miami, Los Angeles, and San Francisco, commonly falls between $2,100 and $3,200 per month. Using a midpoint…
Fifty thousand dollars a year is what a careful retiree might want to cover housing, groceries, and Medicare premiums on top of Social Security. Two mortgage REITs, Annaly Capital Management (NYSE:NLY) and…
High earners in the 32% federal bracket holding ordinary-income dividend payers in a taxable brokerage account face a math problem that most never run on paper. If your $60,000 in dividend income…
All the major Wall Street firms we cover here at 24/7 Wall St. have a list of the top stock picks for their institutional and retail clients to invest in. Typically, these…
A $50,000 annual income is close to what many U.S. workers earn, making it a common target for people pursuing financial independence. In this scenario, however, only half of that income is…
The iShares Mortgage Real Estate ETF (NYSEARCA:REM) gives income investors exposure to roughly two dozen mortgage REITs in a single ticker, smoothing out the cuts and surprises that routinely hit individual mREITs.…
Annaly Capital Management, Inc. is a diversified capital manager operating as a mortgage REIT, listed on the New York Stock Exchange under the ticker NLY.
The Wall Street consensus 12-month price target for NLY is $24.23.
