Want to see NLY full AI Analyst Report?
NLY Stock Chart & Stats
$23.10
$0.14(0.63%)
At close: 4:00 PM EDT
$23.10
$0.14(0.63%)
Day’s Range― - ―
52-Week Range$20.00 - $24.52
Previous CloseN/A
Volume6.51M
Average Volume (3M)7.45M
Market Cap
$17.52B
Enterprise Value$140.47K
Total Cash (Recent Filing)$2.91B
Total Debt (Recent Filing)$124.94B
Price to Earnings (P/E)5.8
Beta0.59
Next Earnings
Oct 28, 2026EPS Estimate
0.78Next Dividend Ex-DateN/A
Dividend Yield12.34%
Share Statistics
EPS (TTM)4.01
Shares Outstanding753,714,400
10 Day Avg. Volume6,548,502
30 Day Avg. Volume7,446,325
Financial Highlights & Ratios
PEG Ratio0.10
Price to Book (P/B)0.89
Price to Sales (P/S)2.14
P/FCF Ratio-64.36
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$24.19Price Target Upside4.71% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)3.09
Revenue Forecast (FY)$2.53B
Bulls Say, Bears Say
Bulls Say
Durable Earnings And Dividend CoverageRecurring distribution coverage indicates that current portfolio yields and hedging results are supporting shareholder returns. The nine-quarter record provides evidence of sustained earnings capacity, although future coverage remains tied to funding costs and asset spreads.
Scaled Mortgage Investment And Securitization PlatformScale across agency MBS, residential credit, and MSR gives Annaly multiple sources of mortgage income and transaction expertise. High securitization activity and the OBX platform can improve capital recycling and reinforce its position in housing finance.
Strong Liquidity And Funding FlexibilitySubstantial unencumbered assets and cash provide funding flexibility through mortgage-market volatility and repo disruptions. This liquidity supports margin management, collateral needs, and selective deployment while reducing reliance on immediate asset sales.
Bears Say
Very High Balance-sheet LeverageThe mREIT model depends on leverage, but debt several times equity magnifies exposure to repo costs, collateral calls, and mortgage-asset price declines. Rising leverage since 2022 leaves less room for error if spreads widen or financing conditions deteriorate.
Deteriorating Cash GenerationNegative recent free cash flow and lower operating cash generation reduce financial flexibility despite the reported earnings rebound. Persistent weakness could constrain capital retention and make distributions or portfolio growth more dependent on financing and asset-market conditions.
Structural Sensitivity To Rates And Asset MarksAnnaly’s spread income, hedge results, repo costs, prepayments, and book value remain highly exposed to interest-rate and MBS-spread movements. These interconnected risks can produce recurring earnings volatility and pressure capital when market conditions shift.
Annaly Capital News
NLY FAQ
What was Annaly Capital Management Inc’s price range in the past 12 months?
Annaly Capital Management Inc lowest stock price was $20.00 and its highest was $24.52 in the past 12 months.
What is Annaly Capital Management Inc’s market cap?
Annaly Capital Management Inc’s market cap is $17.52B.
When is Annaly Capital Management Inc’s upcoming earnings report date?
Annaly Capital Management Inc’s upcoming earnings report date is Oct 28, 2026 which is in 62 days.
How were Annaly Capital Management Inc’s earnings last quarter?
Annaly Capital Management Inc released its earnings results on Jul 21, 2026. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.751 by $0.039.
Is Annaly Capital Management Inc overvalued?
According to Wall Street analysts Annaly Capital Management Inc’s price is currently Undervalued.
Does Annaly Capital Management Inc pay dividends?
Annaly Capital Management Inc pays a Quarterly dividend of $0.75 which represents an annual dividend yield of 12.34%. See more information on Annaly Capital Management Inc dividends here
What is Annaly Capital Management Inc’s EPS estimate?
Annaly Capital Management Inc’s EPS estimate is 0.78.
How many shares outstanding does Annaly Capital Management Inc have?
Annaly Capital Management Inc has 753,714,400 shares outstanding.
What happened to Annaly Capital Management Inc’s price movement after its last earnings report?
Annaly Capital Management Inc reported an EPS of $0.79 in its last earnings report, beating expectations of $0.751. Following the earnings report the stock price went down -1.015%.
Which hedge fund is a major shareholder of Annaly Capital Management Inc?
Currently, no hedge funds are holding shares in NLY
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Annaly Capital Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$24.19 (4.71% Upside)
$24.19 (4.71% Upside)
Blogger Sentiment
Bullish
NLY Sentiment 73%
Sector Average 58%
Sector Average 58%
Hedge Fund Trend
Increased
By 24.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.2%
Last 30 Days ▲ 9.1%
Last 30 Days ▲ 9.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
24.52%
12-Months-Change
Fundamentals
Return on Equity
12.34%
Trailing 12-Months
Asset Growth
28.18%
Trailing 12-Months
Company Description
Annaly Capital Management Inc
Annaly Capital Management, Inc. (NLY) operates as a multifaceted financial firm, specializing in managing capital across various sectors. Its core business encompasses mortgage-related investments and lending to middle-market corporations. NLY strategically deploys capital across a diverse range of assets, including government-sponsored (Agency) and privately-issued (non-Agency) mortgage-backed securities, residential and commercial mortgage loans, mortgage servicing rights, credit risk transfer instruments, corporate debt, and other commercial real estate investments. Operating as a Real Estate Investment Trust (REIT), Annaly benefits from a particular tax structure. This designation exempts it from federal corporate income tax, provided it distributes the majority of its taxable earnings to its investors. Established in 1996, the firm's corporate headquarters are located in New York City.
NLY Company Deck
NLY Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and financial performance backdrop: strong economic returns (5.5% quarterly), EAD that exceeded the increased dividend, book value growth, record residential credit acquisitions, leadership in non-QM securitizations, and ample liquidity and conservative leverage. Management also raised equity selectively and deployed capital across agency, residential credit and MSR with demonstrable scale gains. Principal risks cited were macro and geopolitical uncertainty, potential rate moves by the Fed, moderate mark-to-market sensitivity, lower swap income from SOFR declines, and a temporary rise in operating expenses. On balance, the highlights (growth, record deal activity, solid returns, liquidity and conservative leverage) materially outweigh the lowlights.View all NLY earnings summariesNLY Stock 12 Month Forecast
Average Price Target
$24.19
▲(4.71% Upside)
Technical Analysis
AGNC Investment
―
Dynex Capital
―
Blackstone Mortgage
―
Rithm Capital
―
Starwood Property
―
Ownership Overview
0.21% Insiders
14.79% Mutual Funds
5.22% Other Institutional Investors
54.82% Public Companies and Individual Investors