Annaly Capital Management, Inc. (NLY)

US — Real Estate Sector
Peers: ARR  TWO  ABR  CIM  ORC  IVR  NYMT  AGNC  STWD  RITM  BXMT  ACRE 

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Key Metrics & Ratings

  • symbol NLY
  • Rev/Share 10.4424
  • Book/Share 21.7255
  • PB 0.9603
  • Debt/Equity 6.8509
  • CurrentRatio 0.0
  • ROIC 0.076

 

  • MktCap 13303817351.0
  • FreeCF/Share 0.9231
  • PFCF 23.2379
  • PE 17.6081
  • Debt/Assets 0.8175
  • DivYield 0.1327
  • ROE 0.0568

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 3
  • DCF Score 4
  • P/B Score 4
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation NLY Barclays -- Equal Weight -- $19 Jan. 6, 2025
Upgrade NLY Wells Fargo Equal Weight Overweight $19 $23 Sept. 20, 2024

News

2 Stocks That Yield 12% and Higher Are Passive Income Kings
IIPR, NLY
Published: October 13, 2025 by: 24/7 Wall Street
Sentiment: Positive

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image for news 2 Stocks That Yield 12% and Higher Are Passive Income Kings
3 mREIT Stocks to Keep on Your Radar Amid Challenging Industry Trends
ARI, EFC, NLY
Published: October 08, 2025 by: Zacks Investment Research
Sentiment: Negative

While the volatile mortgage market is likely to hurt the Zacks REIT and Equity Trust industry, companies like NLY, ARI and EFC are poised to navigate the challenges.

Read More
image for news 3 mREIT Stocks to Keep on Your Radar Amid Challenging Industry Trends
Discover the Elite Stocks Delivering 12%+ Yields for Ultimate Passive Income Domination
ARR, BGS, NLY, TXO
Published: October 03, 2025 by: 24/7 Wall Street
Sentiment: Positive

Are you ready to enjoy a high-dividend lifestyle? Today is a great day to bolster your passive income potential with four stocks featuring forward annual dividend yields that exceed 12% as of Oct.

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image for news Discover the Elite Stocks Delivering 12%+ Yields for Ultimate Passive Income Domination
The Preferred 'Preferred Share' Of Annaly Capital
NLY
Published: September 22, 2025 by: Seeking Alpha
Sentiment: Positive

The article discusses the concept of preferred shares and their unique features in the investment landscape, focusing on the 4 classes issued by Annaly Capital Management and currently outstanding. Preferred shares offer investors a hybrid between equity and fixed income, providing (hopefully steady) dividends with (distribution) priority over common stockholders. These securities can be attractive for income-focused investors seeking higher yields than traditional bonds. Annaly Capital's preferred shares fit the bill.

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image for news The Preferred 'Preferred Share' Of Annaly Capital
Here's How to Play Annaly Stock as Mortgage Rates Continue to Decline
NLY
Published: September 19, 2025 by: Zacks Investment Research
Sentiment: Neutral

Can NLY capitalize on falling mortgage rates and Fed cuts with its diversified portfolio and strong liquidity performance? Let's find out.

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image for news Here's How to Play Annaly Stock as Mortgage Rates Continue to Decline
3 mREIT Stocks to Watch as Mortgage Rates Hit Lowest Since October 2024
EFC, NLY, ORC
Published: September 19, 2025 by: Zacks Investment Research
Sentiment: Positive

Mortgage rates hit 6.26%, the lowest since October 2024, creating a favorable backdrop for mREITs like EFC, NLY and ORC.

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image for news 3 mREIT Stocks to Watch as Mortgage Rates Hit Lowest Since October 2024
Why Annaly Capital Management (NLY) Dipped More Than Broader Market Today
NLY
Published: September 16, 2025 by: Zacks Investment Research
Sentiment: Neutral

In the latest trading session, Annaly Capital Management (NLY) closed at $21.84, marking a -1.04% move from the previous day.

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image for news Why Annaly Capital Management (NLY) Dipped More Than Broader Market Today
Here's Why Annaly Capital Management (NLY) is a Strong Value Stock
NLY
Published: September 16, 2025 by: Zacks Investment Research
Sentiment: Positive

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

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image for news Here's Why Annaly Capital Management (NLY) is a Strong Value Stock
Annaly Jumps 20.6% in a Year: How to Approach the Stock Now?
NLY
Published: September 01, 2025 by: Zacks Investment Research
Sentiment: Positive

Can NLY outshine with a 20.6% gain, fueled by a diversified mortgage portfolio, easing rates, strong liquidity and a 13.2% dividend yield. Let us find out.

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image for news Annaly Jumps 20.6% in a Year: How to Approach the Stock Now?
Annaly vs. Arbor Realty: Which mREIT Stock Has Better Upside?
NLY
Published: August 29, 2025 by: Zacks Investment Research
Sentiment: Positive

Does robust liquidity and a strong outlook provide an edge to NLY over ABR? Let us find out which mREIT is more compelling.

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image for news Annaly vs. Arbor Realty: Which mREIT Stock Has Better Upside?
Here's Why Annaly Capital Management (NLY) is a Strong Momentum Stock
NLY
Published: August 29, 2025 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

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image for news Here's Why Annaly Capital Management (NLY) is a Strong Momentum Stock
Why Annaly Capital Management (NLY) is a Top Value Stock for the Long-Term
NLY
Published: August 28, 2025 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Read More
image for news Why Annaly Capital Management (NLY) is a Top Value Stock for the Long-Term
Assessing Annaly Capital's Performance For Q2 2025
NLY
Published: August 25, 2025 by: Seeking Alpha
Sentiment: Positive

Annaly Capital delivered a solid, as-expected quarter with minor outperformance in book value and core earnings versus projections. Risk/performance rating remains at 3.5; NLY is well positioned to maintain its $0.70 dividend, with only slight coverage concerns to monitor. NLY's hedging coverage ratio decreased to 95%, reflecting a slightly less defensive but still prudent risk management stance.

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image for news Assessing Annaly Capital's Performance For Q2 2025
Mortgage Rates at Lowest Level of 2025: 3 mREIT Stocks to Watch
ARI, NLY, ORC
Published: August 22, 2025 by: Zacks Investment Research
Sentiment: Positive

Mortgage rates are at their lowest level of 2025, boosting affordability, and spotlighting dividend-paying mREITs like NLY, ORC, and ARI.

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image for news Mortgage Rates at Lowest Level of 2025: 3 mREIT Stocks to Watch
Annaly Shares Gains 10.3% in 1H25: Buy, Hold, or Take Profits?
NLY
Published: August 13, 2025 by: Zacks Investment Research
Sentiment: Positive

Does NLY's high dividend yield, diversified mortgage portfolio and rising net interest income keep it attractive despite valuation concerns? Let us find out.

Read More
image for news Annaly Shares Gains 10.3% in 1H25: Buy, Hold, or Take Profits?
Why Annaly Capital Management (NLY) is a Top Momentum Stock for the Long-Term
NLY
Published: August 12, 2025 by: Zacks Investment Research
Sentiment: Positive

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Read More
image for news Why Annaly Capital Management (NLY) is a Top Momentum Stock for the Long-Term
Annaly Beats Q2 Earnings Estimates as Net Interest Income Rises Y/Y
NLY
Published: August 04, 2025 by: Zacks Investment Research
Sentiment: Positive

NLY tops Q2 earnings estimates as net interest income jumps significantly year over year on increased loan demand.

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image for news Annaly Beats Q2 Earnings Estimates as Net Interest Income Rises Y/Y
Is Annaly Stock Worth a Spot in Your Portfolio Post Q2 Earnings Beat?
NLY
Published: July 29, 2025 by: Zacks Investment Research
Sentiment: Positive

With a 13.5% dividend yield and strong Q2 results, will NLY show resilience? Let us find out.

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image for news Is Annaly Stock Worth a Spot in Your Portfolio Post Q2 Earnings Beat?
Annaly Capital Management, Inc. (NLY) Q2 2025 Earnings Call Transcript
NLY
Published: July 24, 2025 by: Seeking Alpha
Sentiment: Neutral

Annaly Capital Management, Inc. (NYSE:NLY ) Q2 2025 Earnings Conference Call July 24, 2025 9:00 AM ET Company Participants David L. Finkelstein - CEO, Co-Chief investment Officer & Director Michael Fania - Co-Chief Investment Officer & Head of Residential Credit Sean Kensil - Corporate Participant Serena Wolfe - Chief Financial Officer Conference Call Participants Bose Thomas George - Keefe, Bruyette, & Woods, Inc., Research Division Crispin Elliot Love - Piper Sandler & Co., Research Division Douglas Michael Harter - UBS Investment Bank, Research Division Eric J.

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image for news Annaly Capital Management, Inc. (NLY) Q2 2025 Earnings Call Transcript
Annaly Q2 Earnings Surpass Estimates, Book Value Declines Y/Y
NLY
Published: July 24, 2025 by: Zacks Investment Research
Sentiment: Positive

NLY tops Q2 earnings estimates with higher asset yields and ROE, but BVPS slips year over year.

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image for news Annaly Q2 Earnings Surpass Estimates, Book Value Declines Y/Y
Annaly (NLY) Upgraded to Strong Buy: Here's What You Should Know
NLY
Published: July 22, 2025 by: Zacks Investment Research
Sentiment: Positive

Annaly (NLY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

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image for news Annaly (NLY) Upgraded to Strong Buy: Here's What You Should Know
Annaly is Set to Report Q2 Earnings: What's in Store for the Stock?
NLY
Published: July 21, 2025 by: Zacks Investment Research
Sentiment: Neutral

NLY's Q2 results are expected to reflect rising earnings and net interest income, but book value per share is likely to have been hit.

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image for news Annaly is Set to Report Q2 Earnings: What's in Store for the Stock?
45 Barron's 2025 Mid-Year Pro-Picks: 3 Ideal July DiviDogs
AEP, AGNC, ALL, DHR, FAF, FLMI, GDEN, JAAA, NLY, PBI, SBGI, T, TDS, TGNA, TGT
Published: July 17, 2025 by: Seeking Alpha
Sentiment: Positive

I analyze Barron's Mid-Year 2025 Roundtable Pro Picks using the yield-based 'dogcatcher' method to identify high-yield, safer dividend stocks. AT&T, Tegna, and Pitney Bowes stand out as 'safer' dividend dogs, with prices below annual dividends from $1,000 invested, signaling attractive entry points. The top ten high-yield picks offer projected 24.3% average net gains by July 2026, with lower-than-market volatility, but some face negative free cash flow margins.

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image for news 45 Barron's 2025 Mid-Year Pro-Picks: 3 Ideal July DiviDogs
3 mREIT Stocks to Keep on Your Radar Amid Volatile Industry Trends
DX, EFC, NLY
Published: July 14, 2025 by: Zacks Investment Research
Sentiment: Negative

While volatile mortgage rates will likely hurt the Zacks REIT and Equity Trust industry, companies like NLY, DX and EFC are poised to navigate the challenges.

Read More
image for news 3 mREIT Stocks to Keep on Your Radar Amid Volatile Industry Trends
AGNC Investment vs. Annaly: Which mREIT is the Smarter Play?
AGNC, NLY
Published: July 07, 2025 by: Zacks Investment Research
Sentiment: Positive

AGNC Investment Corp. AGNC and Annaly Capital Management NLY are two of the biggest names within the mortgage real estate investment trusts (mREITs) industry. Both offer favorable long-term returns to stockholders, along with a substantial dividend yield, but differ in their portfolio strategies and risk profiles.

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image for news AGNC Investment vs. Annaly: Which mREIT is the Smarter Play?
Annaly Capital Management (NLY) is a Top-Ranked Value Stock: Should You Buy?
NLY
Published: July 02, 2025 by: Zacks Investment Research
Sentiment: Positive

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Read More
image for news Annaly Capital Management (NLY) is a Top-Ranked Value Stock: Should You Buy?
Will Annaly's Focus on Agency MBS Support Its Growth Momentum?
NLY
Published: July 01, 2025 by: Zacks Investment Research
Sentiment: Positive

Annaly Capital Management NLY is leaning into its core strength of agency mortgage-backed securities (MBS), with an aim to balance stability with steady returns. The company's disciplined investment approach combines the security of Agency MBS, backed by government-sponsored enterprises, with selective exposure to higher-yielding, credit-sensitive assets.

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image for news Will Annaly's Focus on Agency MBS Support Its Growth Momentum?
Annaly vs. Starwood: Which Mortgage REIT Offers More Resilience Now?
NLY, STWD
Published: June 26, 2025 by: Zacks Investment Research
Sentiment: Neutral

Both Annaly Capital Management NLY and Starwood Property Trust, Inc. STWD are mortgage real estate investment trusts (mREITs) that invest in mortgage-backed and other real estate-related securities. Both REITs are exposed to the same macroeconomic risks but differ in their portfolio strategies and risk profiles.

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image for news Annaly vs. Starwood: Which Mortgage REIT Offers More Resilience Now?
Will Annaly Benefit From Its Portfolio Diversification Efforts?
NLY
Published: June 24, 2025 by: Zacks Investment Research
Sentiment: Positive

Annaly Capital Management's NLY main advantage is its well-diversified capital allocation approach. The company's investment portfolio includes residential credit, mortgage servicing rights (MSR) and agency mortgage-backed securities (MBS).

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image for news Will Annaly Benefit From Its Portfolio Diversification Efforts?
Will Declining Mortgage Rates Drive Annaly's Performance?
NLY
Published: June 20, 2025 by: Zacks Investment Research
Sentiment: Positive

Let us find out whether falling mortgage rates and Fed cuts will lift NLY's net interest income and fuel stronger portfolio performance.

Read More
image for news Will Declining Mortgage Rates Drive Annaly's Performance?

About Annaly Capital Management, Inc. (NLY)

  • IPO Date 1997-10-08
  • Website https://www.annaly.com
  • Industry REIT - Mortgage
  • CEO David L. Finkelstein
  • Employees 191

Annaly Capital Management, Inc., a diversified capital manager, engages in mortgage finance and corporate middle market lending. The company invests in agency mortgage-backed securities, mortgage servicing rights, Agency commercial mortgage-backed securities, non-Agency residential mortgage assets, residential mortgage loans, credit risk transfer securities, corporate debts, and other commercial real estate investments. It has elected to be taxed as a real estate investment trust (REIT). As a REIT, it is not subject to federal income tax to the extent that it distributes its taxable income to its shareholders. The company was founded in 1996 and is based in New York, New York.