Annaly Capital Management Inc
NLY
ISIN US0357108390 / Valor 121670140
Annaly Capital Management Inc
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About company
Annaly Capital Management Inc. is a diversified capital manager that focuses on investments in the real estate and mortgage finance sectors. The company operates through various groups, each targeting specific areas within the mortgage market. The Annaly Residential Credit Group specializes in acquiring Non-Agency residential mortgage assets, including those within the securitized product and whole loan markets. Meanwhile, the Annaly Agency Group focuses on investments in Agency mortgage-backed securities (MBS) that are collateralized by residential mortgages and guaranteed by government-sponsored enterprises such as Fannie Mae, Freddie Mac, or Ginnie Mae. This group also explores complementary investments within the Agency market, including Agency commercial mortgage-backed securities (CMBS). Additionally, Annaly's Mortgage Servicing Rights (MSR) Group invests in MSR assets, which entail the rights to service residential loans in return for a portion of the interest payments made on these loans. Through these specialized groups, Annaly Capital Management Inc. aims to leverage its expertise in the mortgage finance sector to generate returns for its investors.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (07.08.2024):
GAAP Net Income
Annaly Capital Management Inc. announced its financial results for the quarter ended June 30, 2024, reporting a GAAP net loss of $0.09 per average common share. This represents a decline from the previous quarter's GAAP net income of $0.85 per share.
Earnings Available for Distribution
For the second quarter of 2024, Annaly Capital Management Inc. reported earnings available for distribution (EAD) of $0.68 per average common share. This is an increase from the $0.64 EAD per share reported in the first quarter of 2024.
Book Value Per Share
Annaly Capital Management Inc.'s book value per common share stood at $19.25 as of June 30, 2024. This is a slight decrease from the book value of $19.73 per share reported at the end of the first quarter of 2024.
Dividends
Annaly Capital Management Inc. declared a quarterly common stock cash dividend of $0.65 per share for the second quarter of 2024. This dividend reflects the company's ongoing commitment to returning value to its shareholders.
Economic Return
Annaly Capital Management Inc. achieved an economic return of 0.9% for the second quarter of 2024. The company also reported a cumulative economic return of 5.7% for the first half of 2024, demonstrating the strength of its housing finance model.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
10490 M
Market cap (USD)
1,748,343
Daily traded volume (Shares)
19.725 / 19.35
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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