Inside the research

Annaly Capital Management, Inc.

NLY Research profile · latest available data

Price overview

$20.61

▲ +0.01 (+0.0%)

52w hi$23.74
52w lo$18.26
Vol14.95M
As of25 Sep 2026

The Verdict

Hold

Our score +0.25

Short+0.40
Medium+0.05
Long+0.34

computed 2026-09-27

Key fundamentals

Annaly Capital Management, Inc.

Real Estate · REIT - Mortgage

Market cap$15.53B
Enterprise value$142.13B
Trailing P/E4.98x
Forward P/E6.63x
P / S (ttm)4.77x
Profit margin90.7%
Return on equity19.6%
Revenue growth+479.4%
Earnings growth+3426.0%
Debt / equity737.54

Layer Breakdown

LayerRawContribution
Fundamental+0.43
Sector-0.04
Technical-0.16
Earnings+0.00
Sentiment+0.68

macro × 1.00 · 2026-09-27

Business overview

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

Risk Metrics

Beta vs SPX0.67
Corr SPX0.51
Annual vol21.3%
Annual ret+1.6%
Sharpe0.08
Max DD-21.2%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$24.32
High / Low$25.00 / $23.00
Median$24.50
Analysts11
Strong Buy4
Buy5
Hold4
Sell0
Strong Sell0

Recent rating actions

2026-04-24UBS→ Neutral
2026-04-23JP Morgan→ Overweight
2026-04-22Jones Trading→ Buy
2026-04-16JP Morgan→ Overweight
2026-04-02Piper Sandler→ Overweight
2026-02-05RBC Capital→ Outperform

Material Events

DateEvent8-K
2026-07-21Reg FD Disclosure, Exhibitsread
2026-07-21Other Material Event, Exhibitsread
2026-07-21Earnings Release, Exhibitsread
2026-06-11Shareholder Vote, Exhibitsread
2026-04-21Reg FD Disclosure, Exhibitsread
2026-04-21Other Material Event, Exhibitsread
2026-04-21Earnings Release, Exhibitsread
2026-01-28Reg FD Disclosure, Exhibitsread
2026-01-28Other Material Event, Exhibitsread
2026-01-28Earnings Release, Exhibitsread
2025-12-29Officer / Director Change, Reg FD Disclosure…read
2025-12-22Material Agreement, Exhibitsread

Insider Trades

DateInsiderRoleActionSharesValue
2026-08-03Finkelstein David LCEO and Co-CIOSell50.00K$1.14M
2026-05-14Reeves Eric A.Option exercise7.63K—

Flow & Concentration

Insider 180d net-$1.14M
Insider buys / sells0 / 1
Insider biasNeutral
13F holders0
Top-5 share0.0%
HHI0 (—)

Dividends

Yield (TTM)10.19%
$ / share (TTM)$2.10
5y CAGR-5.1%

Annual dividend per share

2021$3.52
2022$3.52
2023$2.60
2024$2.60
2025$2.80
2026$0.70

SEC Filings

DateFormDoc
2026-08-044view
2026-07-2910-Qview
2026-07-218-Kview
2026-07-218-Kview
2026-07-218-Kview
2026-06-124view
2026-06-124view
2026-06-124view
2026-06-124view
2026-06-124view
2026-06-124view
2026-06-124view
2026-06-124view
2026-06-118-Kview
2026-05-184view

The Long Run

FY 2009–2025 · 17 years

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

Indices

S&P MidCap 400

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$20.66$20.71$20.30$20.6114.95M
Sep 24$21.03$21.07$20.55$20.6011.46M
Sep 23$21.40$21.45$21.01$21.049.84M
Sep 22$21.50$21.55$21.33$21.449.84M
Sep 21$21.20$21.43$21.12$21.319.24M

Understand the score. Research layers are inputs to a model, and the available data has limits.

Read the methodology →