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Annaly Capital Reports Solid Q1 2026 Earnings Performance

Story Highlights
  • Annaly reported Q1 2026 GAAP EPS of $0.33 and EAD of $0.76, with solid double-digit EAD return on equity.
  • The firm’s investment portfolio expanded to about $134 billion as book value edged lower and leverage and capital ratios remained broadly stable.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Annaly Capital Reports Solid Q1 2026 Earnings Performance

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An announcement from Annaly Capital ( (NLY) ) is now available.

On April 21, 2026, Annaly Capital Management posted its financial supplement for the quarter ended March 31, 2026, reporting GAAP net income of $0.33 per average common share and earnings available for distribution of $0.76, alongside an annualized GAAP return on equity of 7.15% and an EAD return of 14.58%. Book value per common share slipped slightly to $19.82, while the total investment portfolio grew to about $134.1 billion, supported by higher residential mortgage loans, mortgage servicing rights and securitized assets, with leverage and capital ratios remaining broadly stable, signaling steady but modestly pressured balance-sheet strength for investors.

The most recent analyst rating on (NLY) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on Annaly Capital stock, see the NLY Stock Forecast page.

Spark’s Take on NLY Stock

According to Spark, TipRanks’ AI Analyst, NLY is a Neutral.

The score is held back primarily by elevated balance-sheet leverage (debt-to-equity ~7.0x) and a sharp drop in operating/free cash flow in 2025 despite the earnings rebound. Offsetting factors include attractive valuation/income (P/E 7.75; ~12.37% yield) and a positive earnings-call outlook with dividend coverage, while technical signals are mixed-to-weak near term (negative MACD; RSI ~44.7; below 20/50 DMA).

To see Spark’s full report on NLY stock, click here.

More about Annaly Capital

Annaly Capital Management, Inc. is an internally managed, publicly traded real estate investment trust that focuses on investing in mortgage-related assets. Its portfolio is concentrated in agency mortgage-backed securities, residential mortgage loans, mortgage servicing rights and related securitized products, using leverage and capital markets financing to generate income for shareholders.

Average Trading Volume: 7,895,941

Technical Sentiment Signal: Strong Buy

Current Market Cap: $16.26B

See more insights into NLY stock on TipRanks’ Stock Analysis page.

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