Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
NLY logo NLY
Upturn stock ratingUpturn stock rating
NLY logo

Annaly Capital Management Inc (NLY)

Upturn stock ratingUpturn stock rating
$20.82
Last Close (24-hour delay)
Profit since last BUY7.76%
upturn advisory
Consider higher Upturn Star rating
BUY since 19 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

07/29/2025: NLY (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

rating

14 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $20.84

1 Year Target Price $20.84

Analysts Price Target For last 52 week
$20.84 Target price
52w Low $16
Current$20.82
52w High $20.92

Analysis of Past Performance

Type Stock
Historic Profit 7.31%
Avg. Invested days 45
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/29/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 13.39B USD
Price to earnings Ratio 20.08
1Y Target Price 20.84
Price to earnings Ratio 20.08
1Y Target Price 20.84
Volume (30-day avg) 14
Beta 1.28
52 Weeks Range 16.00 - 20.92
Updated Date 07/28/2025
52 Weeks Range 16.00 - 20.92
Updated Date 07/28/2025
Dividends yield (FY) 12.70%
Basic EPS (TTM) 1.03

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-07-22
When Before Market
Estimate 0.7138
Actual 0.73

Profitability

Profit Margin 73.1%
Operating Margin (TTM) 20.86%

Management Effectiveness

Return on Assets (TTM) 0.73%
Return on Equity (TTM) 6.03%

Valuation

Trailing PE 20.08
Forward PE 7.24
Enterprise Value 108883918848
Price to Sales(TTM) 13.42
Enterprise Value 108883918848
Price to Sales(TTM) 13.42
Enterprise Value to Revenue 44.04
Enterprise Value to EBITDA -
Shares Outstanding 642076032
Shares Floating 640901128
Shares Outstanding 642076032
Shares Floating 640901128
Percent Insiders 0.14
Percent Institutions 57.08

ai summary icon Upturn AI SWOT

Annaly Capital Management Inc

stock logo

Company Overview

overview logo History and Background

Annaly Capital Management Inc. was founded in 1997. It's a real estate investment trust (REIT) that invests in mortgage-backed securities (MBS). Initially focused on agency MBS, it has expanded into commercial real estate and other credit assets.

business area logo Core Business Areas

  • Agency MBS: Invests in agency mortgage-backed securities guaranteed by government-sponsored entities like Fannie Mae and Freddie Mac.
  • Residential Credit: Invests in non-agency residential mortgage loans and securities.
  • Commercial Real Estate: Invests in commercial mortgage loans, securities, and other commercial real estate-related assets.
  • Corporate Debt: Invests in corporate debt, including both investment-grade and non-investment-grade securities.

leadership logo Leadership and Structure

The current CEO is Serena D. Wolfe. The company is structured as a REIT, with a board of directors overseeing management.

Top Products and Market Share

overview logo Key Offerings

  • Agency MBS: Invests in MBS guaranteed by U.S. government agencies like Fannie Mae and Freddie Mac. Competitors include AGNC Investment Corp and Chimera Investment Corporation. Market share data for specific MBS investments fluctuates based on portfolio composition changes and overall market activity, making precise market share difficult to define. Agency MBS is a highly liquid and competitive market.
  • Residential Credit: Invests in non-agency residential mortgage loans and securities. Competitors include various private equity firms and REITs focused on credit investments. This includes loan originators and servicers. Market share is fragmented and varies depending on specific loan types and geographies.

Market Dynamics

industry overview logo Industry Overview

The mortgage REIT industry is influenced by interest rates, credit spreads, and government policies. Currently, the industry faces challenges due to interest rate volatility and potential changes in monetary policy.

Positioning

Annaly is one of the largest mortgage REITs. Its competitive advantage lies in its scale, diversification across asset classes, and long track record. However, it is highly susceptible to interest rate fluctuations.

Total Addressable Market (TAM)

The TAM for mortgage-backed securities is trillions of dollars globally. Annaly captures a fraction of this, with its positioning and size allowing it to benefit from economies of scale in managing mortgage portfolios. Their TAM depends on their segment exposure and is very large.

Upturn SWOT Analysis

Strengths

  • Scale and diversification
  • Experienced management team
  • Access to capital markets
  • Established relationships with agencies

Weaknesses

  • High sensitivity to interest rate changes
  • Reliance on leverage
  • Complexity of portfolio management
  • Fluctuating dividend yields

Opportunities

  • Expansion into new asset classes
  • Increased investment in residential credit
  • Strategic acquisitions
  • Leveraging technology for efficiency

Threats

  • Rising interest rates
  • Changes in government policies
  • Increased competition
  • Economic downturn

Competitors and Market Share

competitor logo Key Competitors

  • AGNC
  • ARR
  • IVR

Competitive Landscape

Annaly is a leader in the mortgage REIT space but faces competition from other large REITs and private equity firms. Its size provides economies of scale, but its high leverage makes it vulnerable to market shocks.

Major Acquisitions

CreXus Investment Corp.

  • Year: 2013
  • Acquisition Price (USD millions): 845
  • Strategic Rationale: Diversified into commercial real estate lending.

Growth Trajectory and Initiatives

Historical Growth: Annaly's growth has been driven by acquisitions and expansion into new asset classes. However, performance has been volatile due to interest rate fluctuations.

Future Projections: Future growth depends on the company's ability to manage interest rate risk and deploy capital effectively. Analyst estimates vary based on market conditions.

Recent Initiatives: Recent initiatives include diversification into different credit assets and strategic portfolio management to mitigate interest rate risk.

Summary

Annaly Capital Management is a large mortgage REIT with diversification as a strength, though it relies on high leverage making it vulnerable to interest rates. Annaly has expanded into new asset classes and maintains a track record of dividends, which fluctuate with company performance. To perform well they need to continue diversification to balance the risk of changing rates. Fluctuating interest rates represent its major external risk.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings, Analyst reports, Market data providers

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Annaly Capital Management Inc

Exchange NYSE
Headquaters New York, NY, United States
IPO Launch date 1997-10-08
CEO, Co-Chief investment Officer & Director Mr. David L. Finkelstein C.F.A.
Sector Real Estate
Industry REIT - Mortgage
Full time employees 191
Full time employees 191

Annaly Capital Management, Inc., a diversified capital manager, engages in the 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 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. The company was incorporated in 1996 and is based in New York, New York.