Real Estate - REIT - Mortgage - NYSE - US
$ 19.69
0.51 %
$ 11 B
Market Cap
-246.12
P/E
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.[ Read More ]
The intrinsic value of one NLY stock under the base case scenario is HIDDEN Compared to the current market price of 19.7 USD, Annaly Capital Management, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart NLY
FINANCIALS
-1.4 B
REVENUE
0
OPERATING INCOME
-1.64 B
NET INCOME
2.37 B
OPERATING CASH FLOW
-8.42 B
INVESTING CASH FLOW
5.88 B
FINANCING CASH FLOW
1.25 B
REVENUE
0
OPERATING INCOME
66.4 M
NET INCOME
-1.67 B
OPERATING CASH FLOW
-4.43 B
INVESTING CASH FLOW
6.08 B
FINANCING CASH FLOW
Balance Sheet Decomposition
Annaly Capital Management, Inc.
| Current Assets | 5.35 B |
| Cash & Short-Term Investments | 1.41 B |
| Receivables | 3.93 B |
| Other Current Assets | 0 |
| Non-Current Assets | 4.57 B |
| Long-Term Investments | 4.21 B |
| PP&E | 5.94 M |
| Other Non-Current Assets | 353 M |
| Current Liabilities | 3.54 B |
| Accounts Payable | 3.25 B |
| Short-Term Debt | 0 |
| Other Current Liabilities | 288 M |
| Non-Current Liabilities | 3.4 M |
| Long-Term Debt | 3.4 M |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Annaly Capital Management, Inc.
| Revenue | -1.4 B |
| Cost Of Revenue | -215 M |
| Gross Profit | -1.18 B |
| Operating Expenses | 163 M |
| Operating Income | 0 |
| Other Expenses | 1.64 B |
| Net Income | -1.64 B |
RATIOS
84.62%
GROSS MARGIN
0.00%
OPERATING MARGIN
117.47%
NET MARGIN
-14.60%
ROE
-1.76%
ROA
0.00%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Annaly Capital Management, Inc.
| Net Income | -1.64 B |
| Depreciation & Amortization | 24.8 M |
| Capital Expenditures | -397 M |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -694 M |
| Others | 1.31 B |
| Free Cash Flow | 1.97 B |
Wall Street Analysts Price Targets
Annaly Capital Management, Inc.
Wall Street analysts predict an average 1-year price target for NLY of $21.5 , with forecasts ranging from a low of $20.5 to a high of $23 .
NLY Lowest Price Target
Wall Street Target
20.5 USD
4.11%
NLY Average Price Target
Wall Street Target
21.5 USD
9.19%
NLY Highest Price Target
Wall Street Target
23 USD
16.81%
4. DIVIDEND ANALYSIS
3.55%
DIVIDEND YIELD
0.65 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Annaly Capital Management, Inc.
Sold
0-3 MONTHS
962 K USD 1
3-6 MONTHS
2 M USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
952 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
2 weeks ago
Oct 28, 2024
|
Sell 962 K USD
|
Finkelstein David L
CEO and CIO |
- 50000
|
19.25 USD |
|
3 months ago
Aug 16, 2024
|
Sell 1 M USD
|
Finkelstein David L
CEO and CIO |
- 50000
|
20.05 USD |
|
3 months ago
Aug 16, 2024
|
Sell 1 M USD
|
Green Anthony C
Chief Corporate Officer, CLO |
- 50000
|
20.05 USD |
|
9 months ago
Feb 12, 2024
|
Sell 952 K USD
|
Finkelstein David L
CEO and CIO |
- 50000
|
19.03 USD |
|
1 year ago
Nov 06, 2023
|
Sell 852 K USD
|
Finkelstein David L
CEO and CIO |
- 50000
|
17.04 USD |
|
2 years ago
Jun 17, 2022
|
Bought 1.11 M USD
|
Finkelstein David L
CEO and President |
+ 200000
|
5.56 USD |
|
3 years ago
May 03, 2021
|
Sell 734 K USD
|
Hamilton Thomas Edward
Director |
- 80000
|
9.1804 USD |
|
4 years ago
May 15, 2020
|
Bought 1.19 M USD
|
Hamilton Thomas Edward
Director |
+ 200000
|
5.9646 USD |
|
4 years ago
May 12, 2020
|
Bought 74 K USD
|
Green Anthony C
Chief Corporate Officer, CLO |
+ 12500
|
5.9199 USD |
|
4 years ago
May 12, 2020
|
Bought 300 K USD
|
Coffey Timothy P
Chief Credit Officer |
+ 50000
|
6 USD |
|
4 years ago
May 04, 2020
|
Bought 120 K USD
|
Wolfe Serena
Chief Financial Officer |
+ 20000
|
5.99 USD |
|
4 years ago
May 04, 2020
|
Bought 603 K USD
|
Finkelstein David L
CEO and CIO |
+ 100000
|
6.03 USD |
|
4 years ago
Nov 25, 2019
|
Bought 92.1 K USD
|
Schaefer John H
Director |
+ 10000
|
9.21 USD |
|
5 years ago
Jun 07, 2019
|
Bought 24.9 K USD
|
Fallon Katherine Beirne
Director |
+ 2780
|
8.9699 USD |
|
5 years ago
May 17, 2019
|
Bought 284 K USD
|
Hamilton Thomas Edward
Director |
+ 30000
|
9.4698 USD |
|
5 years ago
May 17, 2019
|
Bought 284 K USD
|
Hamilton Thomas Edward
Director |
+ 30000
|
9.47 USD |
|
5 years ago
May 17, 2019
|
Bought 284 K USD
|
Hamilton Thomas Edward
Director |
+ 30000
|
9.47 USD |
|
5 years ago
May 14, 2019
|
Bought 478 K USD
|
Green Anthony C
Chief Corporate Officer, CLO |
+ 50000
|
9.56 USD |
|
5 years ago
May 13, 2019
|
Bought 956 K USD
|
Finkelstein David L
Chief Investment Officer |
+ 100000
|
9.5566 USD |
|
5 years ago
May 06, 2019
|
Bought 2.89 M USD
|
KEYES KEVIN
director: Chairman, CEO & President |
+ 300000
|
9.6249 USD |
|
6 years ago
Feb 21, 2018
|
Bought 1.04 K USD
|
Green Anthony C
Chief Legal Officer |
+ 100
|
10.4225 USD |
|
6 years ago
Feb 21, 2018
|
Bought 241 K USD
|
Green Anthony C
Chief Legal Officer |
+ 23150
|
10.425 USD |
|
6 years ago
Dec 07, 2017
|
Bought 1.5 M USD
|
DENAHAN WELLINGTON
Chairman of Board/Exec. Chair. |
+ 125280
|
11.9731 USD |
|
6 years ago
Dec 01, 2017
|
Bought 285 K USD
|
VOTEK GLENN
Chief Financial Officer |
+ 24300
|
11.729 USD |
|
6 years ago
Dec 01, 2017
|
Bought 8.21 K USD
|
VOTEK GLENN
Chief Financial Officer |
+ 700
|
11.725 USD |
|
7 years ago
Nov 10, 2017
|
Bought 99.8 K USD
|
SEGALAS DONNELL
Director |
+ 8800
|
11.34 USD |
|
7 years ago
Nov 10, 2017
|
Bought 34 K USD
|
SEGALAS DONNELL
Director |
+ 3000
|
11.34 USD |
|
7 years ago
Nov 10, 2017
|
Bought 5.66 K USD
|
SEGALAS DONNELL
Director |
+ 500
|
11.325 USD |
|
7 years ago
Nov 10, 2017
|
Bought 5.66 K USD
|
SEGALAS DONNELL
Director |
+ 500
|
11.315 USD |
|
7 years ago
Nov 10, 2017
|
Bought 5.1 K USD
|
SEGALAS DONNELL
Director |
+ 450
|
11.3264 USD |
|
7 years ago
Nov 10, 2017
|
Bought 5.09 K USD
|
SEGALAS DONNELL
Director |
+ 450
|
11.315 USD |
|
7 years ago
Nov 06, 2017
|
Bought 3.34 M USD
|
KEYES KEVIN
CEO & President |
+ 300000
|
11.1175 USD |
|
7 years ago
Sep 01, 2017
|
Bought 1.25 M USD
|
Finkelstein David L
Chief Investment Officer |
+ 100000
|
12.4865 USD |
|
7 years ago
Sep 01, 2017
|
Bought 1.25 M USD
|
Finkelstein David L
Chief Investment Officer |
+ 100000
|
12.4865 USD |
|
7 years ago
Aug 17, 2017
|
Bought 166 K USD
|
Bovich Francine J.
Director |
+ 13500
|
12.29 USD |
|
7 years ago
Aug 08, 2017
|
Bought 6.09 K USD
|
SEGALAS DONNELL
Director |
+ 500
|
12.1764 USD |
|
7 years ago
Aug 08, 2017
|
Bought 110 K USD
|
SEGALAS DONNELL
Director |
+ 9000
|
12.1872 USD |
|
7 years ago
Aug 07, 2017
|
Bought 96.7 K USD
|
SEGALAS DONNELL
Director |
+ 8000
|
12.0883 USD |
|
7 years ago
Aug 08, 2017
|
Bought 2.44 K USD
|
SEGALAS DONNELL
Director |
+ 200
|
12.1872 USD |
|
8 years ago
Nov 09, 2016
|
Bought 304 K USD
|
Coffey Timothy P
Chief Credit Officer |
+ 30000
|
10.15 USD |
|
8 years ago
Nov 04, 2016
|
Bought 1.03 M USD
|
Finkelstein David L
Chief Investment Officer |
+ 100000
|
10.3 USD |
|
8 years ago
May 06, 2016
|
Bought 1.41 M USD
|
Singh R Nicholas
Chief Legal Officer |
+ 130400
|
10.85 USD |
|
8 years ago
May 06, 2016
|
Bought 56.4 K USD
|
Singh R Nicholas
Chief Legal Officer |
+ 5200
|
10.85 USD |
|
9 years ago
Aug 21, 2015
|
Bought 1.03 M USD
|
DENAHAN WELLINGTON
Chairman of Board & CEO |
+ 100000
|
10.33 USD |
|
9 years ago
Aug 17, 2015
|
Bought 259 K USD
|
VOTEK GLENN
Chief Financial Officer |
+ 25000
|
10.36 USD |
|
9 years ago
Aug 11, 2015
|
Bought 495 K USD
|
BRADY KEVIN
Director |
+ 48750
|
10.16 USD |
|
9 years ago
Aug 07, 2015
|
Bought 3.02 M USD
|
KEYES KEVIN
President |
+ 300000
|
10.08 USD |
|
9 years ago
May 11, 2015
|
Bought 1.86 M USD
|
DENAHAN WELLINGTON
Chairman of Board & CEO |
+ 184948
|
10.04 USD |
|
9 years ago
May 08, 2015
|
Bought 134 K USD
|
DENAHAN WELLINGTON
Chairman of Board & CEO |
+ 13268
|
10.11 USD |
|
9 years ago
May 08, 2015
|
Bought 1.86 M USD
|
DENAHAN WELLINGTON
Chairman of Board & CEO |
+ 184948
|
10.04 USD |
|
9 years ago
Mar 18, 2015
|
Bought 266 K USD
|
VOTEK GLENN
Chief Financial Officer |
+ 25000
|
10.65 USD |
|
10 years ago
Aug 13, 2014
|
Bought 1 M USD
|
DENAHAN WELLINGTON
Chairman of Board & CEO |
+ 86837
|
11.52 USD |
|
10 years ago
Aug 08, 2014
|
Bought 1.3 M USD
|
Singh R Nicholas
Chief Legal Officer |
+ 113500
|
11.46 USD |
|
10 years ago
Aug 08, 2014
|
Bought 106 K USD
|
Singh R Nicholas
Chief Legal Officer |
+ 9284
|
11.46 USD |
|
10 years ago
Nov 26, 2013
|
Bought 206 K USD
|
Lyght Rose-Marie
Co-CIO |
+ 20406
|
10.1 USD |
|
11 years ago
Nov 11, 2013
|
Bought 259 K USD
|
FORTESCUE JAMES
COO |
+ 25000
|
10.36 USD |
|
11 years ago
Nov 12, 2013
|
Bought 1.04 M USD
|
KEYES KEVIN
President |
+ 100000
|
10.43 USD |
|
11 years ago
Nov 08, 2013
|
Bought 993 K USD
|
DENAHAN WELLINGTON
Chairman of Board & CEO |
+ 93000
|
10.68 USD |
|
11 years ago
Aug 20, 2013
|
Bought 99.1 K USD
|
BRADY KEVIN
Director |
+ 9000
|
11.01 USD |
|
11 years ago
Aug 20, 2013
|
Bought 99.1 K USD
|
BRADY KEVIN
Director |
+ 9000
|
11.01 USD |
|
11 years ago
Aug 21, 2013
|
Bought 1.66 M USD
|
DENAHAN WELLINGTON
Chairman of Board & CEO |
+ 151618
|
10.96 USD |
|
11 years ago
Aug 20, 2013
|
Bought 332 K USD
|
DENAHAN WELLINGTON
Chairman of Board & CEO |
+ 30200
|
10.99 USD |
|
11 years ago
Aug 13, 2013
|
Bought 199 K USD
|
Konrad Kristopher Robert
Co-CIO |
+ 17000
|
11.72 USD |
|
11 years ago
Aug 13, 2013
|
Bought 199 K USD
|
Konrad Kristopher Robert
Co-CIO |
+ 17000
|
11.72 USD |
|
11 years ago
Aug 12, 2013
|
Bought 120 K USD
|
SCHAEFER JOHN H
Director |
+ 10000
|
11.995 USD |
|
11 years ago
May 06, 2013
|
Bought 379 K USD
|
SCHAEFER JOHN H
Director |
+ 25000
|
15.16 USD |
|
12 years ago
Nov 15, 2012
|
Bought 1.39 M USD
|
KEYES KEVIN
President |
+ 100000
|
13.9 USD |
|
12 years ago
Feb 23, 2012
|
Bought 8.3 K USD
|
Lyght Rose-Marie
MD, Co-Head Port Mgmt |
+ 500
|
16.59 USD |
7. News
Annaly Capital: A 13% Yield You Don't Want To Miss
Annaly is set to benefit from falling Federal Fund rates, improving its net interest spread, and potentially resulting in higher earnings and a safer dividend. NLY is seeing strong interest income and valuation growth with regard to its mortgage-backed securities portfolio. Annaly's shares are attractively priced at a 13% dividend yield and a price-to-book ratio in-line with historical averages.
seekingalpha.com
- 3 days ago
Annaly Capital Management, Inc. to Host Investor Day on Thursday, November 21, 2024
NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. to Host Investor Day on Thursday, November 21, 2024.
businesswire.com
- 1 week ago
A Fat 13% Yield That Can't Be Ignored: Annaly Capital
I enjoy my home, and I enjoy strong income from the homes of others. Don't neglect helping others achieve their goals while achieving your own. The beauty of the market is that your success doesn't have to depend on the failure of others.
seekingalpha.com
- 1 week ago
Annaly Capital Management, Inc. Announces Preferred Dividends
NEW YORK--(BUSINESS WIRE)--In accordance with the terms of Annaly's 6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (“Series F Preferred Stock”), the Board has declared a Series F Preferred Stock cash dividend for the fourth quarter of 2024 of $0.616143 per share of Series F Preferred Stock, which reflects a rate of 9.85828%, equal to three-month CME Term SOFR (plus a spread adjustment of 0.26161%) on the Dividend Determination date plus a spread of 4.993%. In accord.
businesswire.com
- 1 week ago
Annaly Capital: Gauging Value Across This Near 10%-Yield Preferreds Trio
Annaly Capital preferreds offer near double-digit yields and stable equity coverage, making them attractive even in a Fed-cutting environment. We take a look at the NLY preferreds trio in the context of the latest earnings release. NLY's modest leverage and common share issuance support preferreds, with NLY.PR.I as our pick for better yield and lower redemption risk.
seekingalpha.com
- 2 weeks ago
Is the Options Market Predicting a Spike in Annaly Capital (NLY) Stock?
Investors need to pay close attention to Annaly Capital (NLY) stock based on the movements in the options market lately.
zacks.com
- 2 weeks ago
3 Scary High-Yield Dividend Stocks That Income Investors Should Avoid Right Now
These companies could slash their high-yielding payouts in the future.
fool.com
- 2 weeks ago
These 15 Stocks Are Among the Top Dividend Payers in the Wilshire 5000
Created in 1974, the Wilshire 5000 Index was intended to be a market-weighted index of the combined NYSE, NASDAQ, and American Stock Exchange (since merged with NASDAQ in 1998).
247wallst.com
- 2 weeks ago
Annaly Capital: This 13% Yield Is On Sale
Annaly Capital Management is well-positioned to benefit from the Fed's recent 50 bps rate cut, enhancing its net interest margins and book value growth. The mortgage REIT covered its dividend with distributable earnings in 3Q24, maintaining a robust pay-out ratio despite a slight deterioration in dividend metrics. Annaly's stock trades at a slight 2% premium to book value, with potential for further valuation expansion as interest rates continue to fall.
seekingalpha.com
- 2 weeks ago
As Yield Curve Normalizes, Could a Dividend Increase Be in Store for Annaly?
The mortgage REIT is seeing tailwinds in its business.
fool.com
- 3 weeks ago
This 13%-Yielding Dividend Is on Very Shaky Ground
Annaly Capital Management barely makes enough money to cover its high-yielding dividend.
fool.com
- 3 weeks ago
Annaly Capital Management, Inc. (NLY) Q3 2024 Earnings Call Transcript
Annaly Capital Management, Inc. (NYSE:NLY ) Q3 2024 Results Conference Call October 24, 2024 9:00 AM ET Company Participants Sean Kensil - Director and Investor Relations David Finkelstein - Chief Executive Officer and Chief Investment Officer Serena Wolfe - Chief Financial Officer Mike Fania - Deputy Chief Investment Officer and Head of Residential Credit V.S. Srinivasan - Head of Agency Ken Adler - Head of Mortgage Servicing Rights and Head of Portfolio Conference Call Participants Richard Shane - JPMorgan Bose George - KBW Doug Harter - UBS Jason Weaver - Jones Trading Eric Hagen - BTIG Harsh Hemnani - Green Street Jason Stewart - Janney Montgomery Scott Don Fandetti - Wells Fargo Trevor Cranston - Citizens JMP Operator Good morning, and welcome to the Third Quarter 2024 Earnings Call for Annaly Capital Management.
seekingalpha.com
- 3 weeks ago
8. Profile Summary
Annaly Capital Management, Inc. NLY
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 11 B
Dividend Yield
3.55%
Description
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.
Contact
1211 Avenue of the Americas, New York, NY, 10036
https://www.annaly.com
IPO Date
Oct. 8, 1997
Employees
187
Officers
Mr. David L. Finkelstein C.F.A.
Chief Executive Officer, Chief Investment Officer & Director
Mr. Steven Francis Campbell
Chief Operating Officer & President
Ms. Serena Wolfe
Chief Financial Officer
Mr. Anthony Charles Green J.D.
Chief Corporate Officer, Chief Legal Officer & Secretary
Ms. Audrey K. Susanin J.D.
Deputy General Counsel & Chief Compliance Officer
Ms. Seana Scott Gormley
Chief Human Resources Officer
Ms. Jessica T. LaScala
Head of Investment Operations
Mr. Michael Fania
Deputy Chief Investment Officer & Head of Residential Credit
Ms. Johanna Griffin
Chief Risk Officer
Ms. Tanya Rakpraja
Head of Corporate Responsibility & Government Relations