The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

NLY

Concerning the House

Annaly Capital Management, Inc., a diversified capital manager, engages in the residential mortgage finance business. The company invests in agency mortgage-backed securities collateralized by residential mortgages; non-agency residential whole loans and securitized products within the residential and commercial markets; mortgage servicing rights; agency commercial mortgage-backed securities; to-be-announced forward contracts; residential mortgage-backed securities; residential mortgage loans; and agency or private label credit risk transfer securities. 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. Annaly Capital Management, Inc. was incorporated in 1996 and is based in New York, New York.

United States · www.annaly.com

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Net income-$1.64B+19.2%
Cash from ops$692.91M+3.5%
Quotation

$23.39

+0.28 (+1.2%)

52w hi$23.42
52w lo$18.01
Vol4.09M
As ofAug 13
The Verdict

Hold

Our score +0.16

Short+0.07
Medium+0.12
Long+0.43

computed 2026-08-13

By the Numbers

Annaly Capital Management, Inc.

Real Estate · REIT - Mortgage

Market cap$17.63B
Enterprise value$144.02B
Trailing P/E5.65x
Forward P/E7.52x
EV / EBITDA
P / S (ttm)5.42x
Profit margin90.7%
Return on equity19.6%
Revenue growth+479.4%
Earnings growth+3426.0%
Debt / equity737.54
Risk Metrics
Beta vs SPX0.65
Corr SPX0.50
Annual vol21.0%
Annual ret+10.0%
Sharpe0.48
Max DD-21.2%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.42
Sector+0.04
Technical+0.11
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$23.20$23.40$23.18$23.394.09M
Aug 12$23.25$23.37$23.07$23.117.87M
Aug 11$22.91$23.20$22.81$23.145.14M
Aug 10$22.88$22.93$22.63$22.916.99M
Aug 7$22.70$23.20$22.70$23.048.44M