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Annaly Capital Management, Inc.

$21.84 -$1.06 (-4.63%)
NYSE · 14 Sep 2026 15:41 UTC
Previous Close
$21.9
Day Range
$21.68$22.07
Year Range
$20$24.52
Market Cap
16.46B
AVG Volume
7.27M
Trailing/Forward PE
5.45/6.99
PEG ratio
5.82
Dividend Yield
13.05%
Next Earnings Date
2026-10-28
Primary Exchange
New York Stock ExchangeUS
Revenue (USD)
02B4B6B8B2016201720182019202020212022202320242025
NLY Revenue (USD) by year
PeriodRevenue (USD)
20256.7B
20246.36B
20235.61B
20224.15B
2021692.63M
20201.48B
20192.12B
20181.98B
20172.35B
2016238.78M
Net Income (USD)
-4B-2B02B4B2016201720182019202020212022202320242025
NLY Net Income (USD) by year
PeriodNet Income (USD)
20252.03B
20241B
2023-1.64B
20221.73B
20212.39B
2020-891.16M
2019-2.16B
201854.41M
20171.57B
20161.43B
Operating Income (USD)
-2.5B02.5B5B7.5B2016201720182019202020212022202320242025
NLY Operating Income (USD) by year
PeriodOperating Income (USD)
20256.87B
20245.62B
20232.24B
20223.12B
20212.93B
2020-823.71M
2019-1.55B
2018655.55M
20171.58B
20161.95B
EBITDA (USD)
02B4B6B8B2016201720182019202020212022202320242025
NLY EBITDA (USD) by year
PeriodEBITDA (USD)
20256.9B
20245.64B
20232.26B
20223.1B
20212.67B
20203.62M
2019634.65M
20181.97B
20171.6B
20162.82B
Cash Flows (USD)
-60B-40B-20B020B2016201720182019202020212022202320242025
NLY Cash Flows (USD) by year
PeriodCash Flows (USD)
2025-222.16M
20242.45B
20231.97B
20224.36B
20212.68B
2020-24.44B
2019-52.7B
20182.36B
20176.92B
20166.81B
EPS (USD)
-10-505102016201720182019202020212022202320242025
NLY EPS (USD) by year
PeriodEPS (USD)
20252.78
20241.58
2023-3.62
20225
20216.44
2020-2.77
2019-6.36
20180.66
20175.42
20165.01
Expenses (USD)
020B40B60BSG&ACapex2016201720182019202020212022202320242025
NLY Expenses (USD) by year
PeriodExpenses (USD)
2025915.07M
2024863.12M
2023398.66M
20221.01B
2021392.06M
202024.97B
201951.5B
2018258.33M
201711.49M
2016143.84M
Cash & Debt (USD)
050B100B150BCashLong Term DebtShort Term Debt2016201720182019202020212022202320242025
NLY Cash & Debt (USD) by year
PeriodCash & Debt (USD)
20252.04B
20242.35B
2023275.85M
2022152.55M
2021119.58M
20201.24B
20191.85B
20181.74B
2017706.59M
20161.54B
Debt ratios
0510152020182019202020212022202320242025
NLY Debt ratios by year
PeriodDebt ratios
20256.14
20246.38
20231.64
20221.39
202111.87
202016.8
20191.24
20180.99
Margins
0%25%50%75%100%2016201720182019202020212022202320242025
NLY Margins by year
PeriodMargins
202599.2%
202499.25%
202399.29%
202299.2%
202193.58%
202096.94%
201997.76%
201898.19%
201798.99%
201693.11%
Return on Capital
-20%-10%0%10%20%2016201720182019202020212022202320242025
NLY Return on Capital by year
PeriodReturn on Capital
202512.55%
20247.89%
2023-14.48%
202215.18%
202118.11%
2020-6.36%
2019-13.69%
20180.39%
201710.55%
201611.4%
Shares Outstanding
0200M400M600M800M2016201720182019202020212022202320242025
NLY Shares Outstanding by year
PeriodShares Outstanding
2025693.01M
2024569.2M
2023499.87M
2022468.25M
2021363.53M
2020349.95M
2019357.77M
2018328.59M
2017287.91M
2016254.72M
Dividends (USD)
02462017201820192020202120222023202420252026
NLY Dividends (USD) by year
PeriodDividends (USD)
20262.2
20252.8
20242.6
20232.6
20223.52
20213.52
20203.64
20194.2
20184.8
20174.8
Employee Count
01002003002016201720182019202020212022202320242025
NLY Employee Count by year
PeriodEmployee Count
2025212
2024191
2023187
2022161
2021171
2020180
2019175
20188
20176
201641
Book Value Per Share (USD)
02040602016201720182019202020212022202320242025
NLY Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
202523.32
202422.31
202322.7
202224.28
202136.3
202040.07
201944.15
201842.96
201751.65
201649.37
Total Assets (USD)
050B100B150B2016201720182019202020212022202320242025
NLY Total Assets (USD) by year
PeriodTotal Assets (USD)
2025135.61B
2024103.56B
202393.23B
202281.85B
202176.76B
202088.46B
2019130.3B
2018105.79B
2017101.76B
201687.91B
PE Ratio
0255075100med 10.43Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
NLY PE Ratio by year
PeriodPE Ratio
Sep 265.42
Sep 265.65
Aug 265.71
Aug 265.73
Aug 265.78
Aug 265.71
Jul 265.63
Jul 267.42
Jul 267.61
Jul 267.56
Jul 267.46
Jun 267.59
Jun 267.34
Jun 267.27
Jun 267.02
May 267.22
May 267.09
May 267.17
May 267.48
May 267.55
Apr 267.78
Apr 267.79
Apr 267.57
Apr 267.31
Mar 267.1
Mar 267.11
Mar 267.47
Mar 267.66
Feb 267.94
Feb 267.87
Feb 267.89
Feb 269.49
Jan 269.56
Jan 269.92
Jan 2610.14
Jan 269.68
Jan 269.51
Dec 259.61
Dec 259.43
Dec 259.21
Dec 259.5
Nov 259.47
Nov 259.14
Nov 259
Nov 259.1
Oct 258.8
Oct 2517.8
Oct 2517.68
Oct 2517.45
Oct 2517.64
Sep 2517.88
Sep 2518.14
Sep 2518.7
Sep 2518.77
Aug 2518.01
Aug 2517.96
Aug 2517.7
Aug 2517.51
Aug 2517.43
Jul 2518.47
Jul 2517.59
Jul 2517.46
Jul 2517.25
Jun 2517.18
Jun 2516.94
Jun 2516.98
Jun 2516.87
May 2516.78
May 2516.63
May 2517.59
May 2517.02
May 2510.98
Apr 2510.91
Apr 2510.17
Apr 259.94
Apr 2510.7
Mar 2511.74
Mar 2512.32
Mar 2512.28
Mar 2512.41
Feb 2512.48
Feb 2512.29
Feb 2512.06
Feb 2591.19
Jan 2590.65
Jan 2586.52
Jan 2585.81
Jan 2580.57
Jan 2584.3
Dec 2484.13
Dec 2484.48
Dec 2487.86
Dec 2488.12
Nov 2488.52
Nov 2487.99
Nov 2487.46
Nov 2488.08
Nov 2484.21
Apr 235.42
Apr 235.25
Free Cash Flow Yield
-20%0%20%40%med 3.87%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
NLY Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 26-1.96%
Sep 26-1.89%
Aug 26-1.87%
Aug 26-1.86%
Aug 26-1.84%
Aug 26-1.87%
Jul 26-1.89%
Jul 26-9.74%
Jul 26-9.51%
Jul 26-9.57%
Jul 26-9.7%
Jun 26-9.53%
Jun 26-9.85%
Jun 26-9.94%
Jun 26-10.31%
May 26-10.01%
May 26-10.2%
May 26-10.09%
May 26-9.68%
May 26-9.59%
Apr 26-1.41%
Apr 26-1.41%
Apr 26-1.45%
Apr 26-1.5%
Mar 26-1.54%
Mar 26-1.54%
Mar 26-1.47%
Mar 26-1.43%
Feb 26-1.38%
Feb 26-1.39%
Feb 26-1.39%
Feb 2613.75%
Jan 2613.66%
Jan 2613.16%
Jan 2612.88%
Jan 2613.49%
Jan 2613.72%
Dec 2513.58%
Dec 2513.84%
Dec 2514.18%
Dec 2513.74%
Nov 2513.78%
Nov 2514.29%
Nov 2514.52%
Nov 2514.35%
Oct 2514.84%
Oct 253.91%
Oct 253.94%
Oct 253.99%
Oct 253.94%
Sep 253.89%
Sep 253.83%
Sep 253.72%
Sep 253.71%
Aug 253.86%
Aug 253.87%
Aug 253.93%
Aug 253.97%
Aug 253.99%
Jul 255.89%
Jul 256.19%
Jul 256.24%
Jul 256.31%
Jun 256.34%
Jun 256.43%
Jun 256.41%
Jun 256.45%
May 256.49%
May 256.54%
May 256.19%
May 256.39%
May 2522.26%
Apr 2522.38%
Apr 2524.02%
Apr 2524.57%
Apr 2522.84%
Mar 2520.81%
Mar 2519.83%
Mar 2519.9%
Mar 2519.68%
Feb 2519.58%
Feb 2519.88%
Feb 2520.25%
Feb 251.71%
Jan 251.72%
Jan 251.8%
Jan 251.82%
Jan 251.94%
Jan 251.85%
Dec 241.85%
Dec 241.85%
Dec 241.78%
Dec 241.77%
Nov 241.76%
Nov 241.77%
Nov 241.78%
Nov 241.77%
Nov 241.85%
Oct 2436.92%
Oct 2435.48%
Price to Sales
1.51.7522.252.5med 1.99Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
NLY Price to Sales by year
PeriodPrice to Sales
Sep 262.2
Sep 262.29
Aug 262.31
Aug 262.32
Aug 262.34
Aug 262.31
Jul 262.28
Jul 262.37
Jul 262.43
Jul 262.42
Jul 262.38
Jun 262.43
Jun 262.35
Jun 262.33
Jun 262.24
May 262.31
May 262.27
May 262.29
May 262.39
May 262.41
Apr 262.35
Apr 262.36
Apr 262.29
Apr 262.21
Mar 262.15
Mar 262.15
Mar 262.26
Mar 262.32
Feb 262.41
Feb 262.38
Feb 262.39
Feb 262.07
Jan 262.09
Jan 262.16
Jan 262.21
Jan 262.11
Jan 262.08
Dec 252.1
Dec 252.06
Dec 252.01
Dec 252.07
Nov 252.07
Nov 251.99
Nov 251.96
Nov 251.98
Oct 251.92
Oct 252.01
Oct 251.99
Oct 251.97
Oct 251.99
Sep 252.01
Sep 252.04
Sep 252.11
Sep 252.12
Aug 252.03
Aug 252.02
Aug 251.99
Aug 251.97
Aug 251.96
Jul 251.93
Jul 251.84
Jul 251.83
Jul 251.81
Jun 251.8
Jun 251.77
Jun 251.78
Jun 251.77
May 251.76
May 251.74
May 251.84
May 251.78
May 251.73
Apr 251.72
Apr 251.6
Apr 251.57
Apr 251.69
Mar 251.85
Mar 251.94
Mar 251.94
Mar 251.96
Feb 251.97
Feb 251.94
Feb 251.9
Feb 251.81
Jan 251.8
Jan 251.72
Jan 251.7
Jan 251.6
Jan 251.67
Dec 241.67
Dec 241.68
Dec 241.74
Dec 241.75
Nov 241.76
Nov 241.74
Nov 241.73
Nov 241.75
Nov 241.67
Oct 241.54
Oct 241.6
EV/EBITDA
1618202224med 18.76Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
NLY EV/EBITDA by year
PeriodEV/EBITDA
Sep 2616.92
Sep 2617.01
Aug 2617.03
Aug 2617.04
Aug 2617.05
Aug 2617.03
Jul 2617
Jul 2618.19
Jul 2618.25
Jul 2618.24
Jul 2618.21
Jun 2618.24
Jun 2618.17
Jun 2618.15
Jun 2618.07
May 2618.13
May 2618.09
May 2618.12
May 2618.21
May 2618.23
Apr 2618.21
Apr 2618.22
Apr 2618.15
Apr 2618.07
Mar 2618.01
Mar 2618.02
Mar 2618.12
Mar 2618.18
Feb 2618.26
Feb 2618.24
Feb 2618.25
Feb 2619.51
Jan 2619.53
Jan 2619.62
Jan 2619.67
Jan 2619.56
Jan 2619.52
Dec 2519.54
Dec 2519.5
Dec 2519.44
Dec 2519.51
Nov 2519.51
Nov 2519.43
Nov 2519.39
Nov 2519.42
Oct 2519.34
Oct 2520.11
Oct 2520.09
Oct 2520.06
Oct 2520.08
Sep 2520.12
Sep 2520.15
Sep 2520.23
Sep 2520.24
Aug 2520.13
Aug 2520.13
Aug 2520.09
Aug 2520.07
Aug 2520.06
Jul 2518.92
Jul 2518.81
Jul 2518.79
Jul 2518.77
Jun 2518.76
Jun 2518.73
Jun 2518.73
Jun 2518.72
May 2518.71
May 2518.69
May 2518.81
May 2518.74
May 2517.41
Apr 2517.4
Apr 2517.27
Apr 2517.23
Apr 2517.36
Mar 2517.55
Mar 2517.65
Mar 2517.64
Mar 2517.67
Feb 2517.68
Feb 2517.64
Feb 2517.6
Feb 2520.67
Jan 2520.66
Jan 2520.56
Jan 2520.54
Jan 2520.41
Jan 2520.5
Dec 2420.5
Dec 2420.51
Dec 2420.59
Dec 2420.6
Nov 2420.61
Nov 2420.59
Nov 2420.58
Nov 2420.6
Nov 2420.5
Oct 2422.7
Oct 2422.8
Price/Operating Cashflow
0102030med 7.9Sep 24Jan 25Apr 25Aug 25Nov 25Feb 26Sep 26
NLY Price/Operating Cashflow by year
PeriodPrice/Operating Cashflow
Sep 2618.05
Sep 2618.8
Aug 2618.99
Aug 2619.09
Aug 2619.23
Aug 2618.99
Jul 2618.73
Apr 2622.75
Apr 2622.8
Apr 2622.14
Apr 2621.37
Mar 2620.77
Mar 2620.79
Mar 2621.86
Mar 2622.41
Feb 2623.24
Feb 2623.02
Feb 2623.07
Feb 264.97
Jan 265.01
Jan 265.19
Jan 265.31
Jan 265.07
Jan 264.98
Dec 255.03
Dec 254.94
Dec 254.82
Dec 254.97
Nov 254.96
Nov 254.78
Nov 254.71
Nov 254.76
Oct 254.61
Oct 2511.2
Oct 2511.12
Oct 2510.98
Oct 2511.1
Sep 2511.25
Sep 2511.41
Sep 2511.76
Sep 2511.81
Aug 2511.33
Aug 2511.3
Aug 2511.14
Aug 2511.01
Aug 2510.96
Jul 258.41
Jul 258.01
Jul 257.95
Jul 257.86
Jun 257.82
Jun 257.71
Jun 257.73
Jun 257.68
May 257.64
May 257.57
May 258.01
May 257.75
May 253.32
Apr 253.3
Apr 253.08
Apr 253.01
Apr 253.24
Mar 253.55
Mar 253.73
Mar 253.72
Mar 253.76
Feb 253.78
Feb 253.72
Feb 253.65
Feb 2512.02
Jan 2511.95
Jan 2511.41
Jan 2511.31
Jan 2510.62
Jan 2511.11
Dec 2411.09
Dec 2411.14
Dec 2411.58
Dec 2411.62
Nov 2411.67
Nov 2411.6
Nov 2411.53
Nov 2411.61
Nov 2411.1
Oct 242.21
Oct 242.3
Oct 242.22
Oct 242.22
Sep 242.34
Sep 242.36
Sep 242.32
Sep 242.28
Aug 242.28
Aug 242.27
Aug 242.28
Aug 242.27
Aug 242.24
Jul 241.96
Jul 241.98
Price to Book
0.70.80.911.1med 0.95Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
NLY Price to Book by year
PeriodPrice to Book
Sep 260.94
Sep 260.98
Aug 260.99
Aug 261
Aug 261
Aug 260.99
Jul 260.98
Jul 260.99
Jul 261.02
Jul 261.01
Jul 261
Jun 261.02
Jun 260.98
Jun 260.97
Jun 260.94
May 260.97
May 260.95
May 260.96
May 261
May 261.01
Apr 260.98
Apr 260.98
Apr 260.95
Apr 260.92
Mar 260.89
Mar 260.89
Mar 260.94
Mar 260.96
Feb 261
Feb 260.99
Feb 260.99
Feb 260.95
Jan 260.95
Jan 260.99
Jan 261.01
Jan 260.97
Jan 260.95
Dec 250.96
Dec 250.94
Dec 250.92
Dec 250.95
Nov 250.94
Nov 250.91
Nov 250.9
Nov 250.91
Oct 250.88
Oct 250.96
Oct 250.96
Oct 250.94
Oct 250.96
Sep 250.97
Sep 250.98
Sep 251.01
Sep 251.02
Aug 250.98
Aug 250.97
Aug 250.96
Aug 250.95
Aug 250.94
Jul 250.94
Jul 250.89
Jul 250.88
Jul 250.87
Jun 250.87
Jun 250.86
Jun 250.86
Jun 250.86
May 250.85
May 250.84
May 250.89
May 250.86
May 250.87
Apr 250.86
Apr 250.8
Apr 250.78
Apr 250.84
Mar 250.93
Mar 250.97
Mar 250.97
Mar 250.98
Feb 250.98
Feb 250.97
Feb 250.95
Feb 250.84
Jan 250.84
Jan 250.8
Jan 250.79
Jan 250.75
Jan 250.78
Dec 240.78
Dec 240.78
Dec 240.81
Dec 240.82
Nov 240.82
Nov 240.81
Nov 240.81
Nov 240.82
Nov 240.78
Oct 240.87
Oct 240.9
Annaly Capital Management, Inc.
NLY
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News: NLY

2 High-Yielders That Are Growing Their Portfolios

seekingalpha.com · 12 Sep 2026

2 High-Yielders That Are Growing Their Portfolios

When a balance sheet contracts, net investment income drops, forcing distribution cuts and lower market prices. When a portfolio re-expands sustainably, earnings growth pulls valuations back to a premium. NLY expanded its total portfolio from $73 billion in 2023 back to $107 billion in 2026, directly driving its dividend hike from $0.65 to $0.75 per quarter. Rebuilding its asset base and demonstrating sustainable dividend coverage allowed $NLY to transition from a 10–15% discount up to a 10–15% premium to book value.

Mortgage Rates Rise Above 7%: Opportunity or Warning for mREITs?

zacks.com · 11 Sep 2026

Mortgage Rates Rise Above 7%: Opportunity or Warning for mREITs?

Mortgage rates above 7% put AGNC, NLY, STWD and RITM in focus as funding costs, MBS spreads and hedging shape risks and opportunities.

Is This 12.8%-Yielding Dividend Stock a Bargain or a Trap?

fool.com · 11 Sep 2026

Is This 12.8%-Yielding Dividend Stock a Bargain or a Trap?

Annaly Capital Management has been a yield trap in the past.

Annaly Capital Management (NLY) Suffers a Larger Drop Than the General Market: Key Insights

zacks.com · 10 Sep 2026

Annaly Capital Management (NLY) Suffers a Larger Drop Than the General Market: Key Insights

The latest trading day saw Annaly Capital Management (NLY) settling at $22, representing a -2.7% change from its previous close.

Swapping Annaly Preferred Issues Due To Call Risk

seekingalpha.com · 10 Sep 2026

Swapping Annaly Preferred Issues Due To Call Risk

Annaly Capital Management preferreds remain attractive for yield and lower volatility versus common shares, backed by government-guaranteed mortgage assets. I recommend consolidating preferred holdings by selling NLY.PR.F and reallocating proceeds to NLY.PR.J for a strong yield plus four years' call protection. NLY.PR.I was recently called and can be held or sold, as its price is near the call value, making the options equivalent.

8.6% Dividend Yield From Annaly Capital Is A Bit Too Overpriced

seekingalpha.com · 10 Sep 2026

8.6% Dividend Yield From Annaly Capital Is A Bit Too Overpriced

Annaly Capital Management preferred NLY-J offers a low-risk profile and fixed 8.63% stripped yield but is currently overpriced. NLY-J trades at $25.72, well above the $23.83 buy-under target and $24.77 overpriced threshold, limiting its risk-adjusted appeal. Despite strong risk metrics, call protection until 9/30/2030, and an attractive fixed coupon, current valuation undermines its investment case.

Annaly Capital Management, Inc. Announces 3rd Quarter 2026 Common Stock Dividend of $0.75 per Share

businesswire.com · 9 Sep 2026

Annaly Capital Management, Inc. Announces 3rd Quarter 2026 Common Stock Dividend of $0.75 per Share

NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. Announces 3rd Quarter 2026 Common Stock Dividend of $0.75 per Share.

Hsbc Holdings PLC Acquires 586,611 Shares of Annaly Capital Management Inc $NLY

defenseworld.net · 9 Sep 2026

Hsbc Holdings PLC Acquires 586,611 Shares of Annaly Capital Management Inc $NLY

Hsbc Holdings PLC grew its holdings in Annaly Capital Management Inc (NYSE: NLY) by 215.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 858,481 shares of the real estate investment trust's stock after buying an additional 586,611

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