Companies /Real Estate

Annaly Capital Management Inc

NYSE: NLY Reit - Mortgage
$18.29
▲ $0.57 (+3.22%) today
Markets closed · 8:25pm ET

NLY at a Glance

Valuation
Market cap
$13.4B
P/E ratio
4.3
Dividend yield
15.60%
Profitability
Revenue (TTM)
$3.3B
Profit margin
90.7%
EPS (TTM)
$4.08
Price
52-week range
$18 – $23
Street target
$22.64

Headquartered in New York, NY Fiscal year ends December NYSE: NLY annaly.com

About Annaly Capital Management

Annaly Capital Management, Inc. is a diversified capital manager that invests in and finances residential real estate-related assets. The company operates across three core investment strategies: Agency mortgage-backed securities (MBS), Residential Credit (including credit risk transfer securities, non-agency MBS, and residential mortgage loans originated through its whole loan correspondent channel), and Mortgage Servicing Rights (MSR). Annaly is one of the largest mortgage REITs, with a total investment portfolio of approximately $106.5 billion. The company generates income primarily through the net interest spread between the yield on its investment assets and the cost of its borrowings and hedging activities. Through its subsidiary Onslow Bay, Annaly is the sixth-largest non-bank servicer of Agency MBS and a major non-bank issuer of Prime Jumbo and Expanded Credit MBS. The company employs significant leverage through repurchase agreements and securitization vehicles and actively manages interest rate risk using swaps, Treasury futures, and TBA contracts. Updated

NLY Coverage

Frequently Asked Questions

What does Annaly Capital Management do?

Annaly Capital Management, Inc. is a diversified capital manager that invests in and finances residential real estate-related assets.

What is the NLY stock price target?

The Wall Street consensus 12-month price target for NLY is $22.64.