Annaly Capital Management Q2 2024 Adj EPS $0.68 Beats $0.65 Estimate, Sales $1.177B Beat $1.075B Estimate

7/24/24 4:19:34 PM ET

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Annaly Capital Management (NYSE:NLY) reported quarterly earnings of $0.68 per share which beat the analyst consensus estimate of $0.65 by 4.62 percent. This is a 5.56 percent decrease over earnings of $0.72 per share from the same period last year. The company reported quarterly sales of $1.177 billion which beat the analyst consensus estimate of $1.075 billion by 9.47 percent. This is a 27.73 percent increase over sales of $921.494 million the same period last year.

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Recent Analyst Ratings for
$NLY

Date	Price Target	Rating	Analyst
10/31/2024	$21.00	Hold → Buy	Argus
9/20/2024	$19.00 → $23.00	Equal Weight → Overweight	Wells Fargo
6/6/2024	$21.00	Buy	Janney
4/2/2024	$22.00	Buy	Compass Point
12/6/2023	$19.00	Neutral	UBS
9/18/2023	$21.00 → $24.00	Neutral → Buy	UBS
5/2/2023	$20.00 → $21.50	Neutral → Overweight	Piper Sandler
2/21/2023		Buy → Hold	Argus

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Annaly Capital Management, Inc. to Host Investor Day on Thursday, November 21, 2024
Annaly Capital Management, Inc. (NYSE:NLY) ("Annaly" or the "Company") announced today that the Company will host an Investor Day on Thursday, November 21, 2024 from 2:00 p.m. Eastern Time to 5:00 p.m. Eastern Time. The event will include presentations by Annaly's senior management that provide an update on our dedicated housing finance strategy, as well as a panel discussion on the political landscape and implications for markets and economic policy featuring Mark Zandi (Chief Economist, Moody's Analytics) and Jim Parrott (Nonresident Fellow, Urban Institute and Co-Owner of Parrot Ryan Advisors), followed by a Q&A session. "Over the last few years, we have made a number of strategic decis
11/7/24 4:15:00 PM ET
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Annaly Capital Management, Inc. Announces Preferred Dividends
In accordance with the terms of Annaly's 6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series F Preferred Stock"), the Board has declared a Series F Preferred Stock cash dividend for the fourth quarter of 2024 of $0.616143 per share of Series F Preferred Stock, which reflects a rate of 9.85828%, equal to three-month CME Term SOFR (plus a spread adjustment of 0.26161%) on the Dividend Determination date plus a spread of 4.993%. In accordance with the terms of Annaly's 6.50% Series G Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series G Preferred Stock"), the Board has declared a Series G Preferred Stock cash dividend for the fourth quarter o
11/6/24 4:15:00 PM ET
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Annaly Capital Management, Inc. Reports 3rd Quarter 2024 Results
Annaly Capital Management, Inc. (NYSE:NLY) ("Annaly" or the "Company") today announced its financial results for the quarter ended September 30, 2024. Financial Highlights GAAP net income of $0.05 per average common share for the quarter Earnings available for distribution ("EAD") of $0.66 per average common share for the quarter Economic return of 4.9% for the third quarter and 10.5% year-to-date through the third quarter Book value per common share of $19.54 GAAP leverage of 6.9x, down from 7.1x in the prior quarter; economic leverage of 5.7x, down from 5.8x in the prior quarter Declared quarterly common stock cash dividend of $0.65 per share Business Highlights Investment
10/23/24 4:15:00 PM ET
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Annaly Capital Management, Inc. Announces Preferred Dividends
In accordance with the terms of Annaly's 6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series F Preferred Stock"), the Board has declared a Series F Preferred Stock cash dividend for the fourth quarter of 2024 of $0.616143 per share of Series F Preferred Stock, which reflects a rate of 9.85828%, equal to three-month CME Term SOFR (plus a spread adjustment of 0.26161%) on the Dividend Determination date plus a spread of 4.993%. In accordance with the terms of Annaly's 6.50% Series G Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock ("Series G Preferred Stock"), the Board has declared a Series G Preferred Stock cash dividend for the fourth quarter o
11/6/24 4:15:00 PM ET
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Annaly Capital Management, Inc. Reports 3rd Quarter 2024 Results
Annaly Capital Management, Inc. (NYSE:NLY) ("Annaly" or the "Company") today announced its financial results for the quarter ended September 30, 2024. Financial Highlights GAAP net income of $0.05 per average common share for the quarter Earnings available for distribution ("EAD") of $0.66 per average common share for the quarter Economic return of 4.9% for the third quarter and 10.5% year-to-date through the third quarter Book value per common share of $19.54 GAAP leverage of 6.9x, down from 7.1x in the prior quarter; economic leverage of 5.7x, down from 5.8x in the prior quarter Declared quarterly common stock cash dividend of $0.65 per share Business Highlights Investment
10/23/24 4:15:00 PM ET
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Annaly Capital Management, Inc. Announces Dates of Third Quarter 2024 Financial Results and Conference Call
Annaly Capital Management, Inc. (NYSE:NLY) ("Annaly" or the "Company") announced today that it will release its financial results for the quarter ended September 30, 2024 after the market close on Wednesday, October 23, 2024. The Company will conduct a conference call and audio webcast to discuss the results on Thursday, October 24, 2024 at 9:00 a.m. Eastern Time. Participants are encouraged to pre-register for the conference call to receive a unique PIN to gain immediate access to the call and bypass the live operator. Pre-registration may be completed by accessing the Pre-Registration link found on the homepage or "Investors" section of the Company's website at www.annaly.com, or by usin
10/9/24 4:15:00 PM ET
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Annaly Capital Management, Inc. Expands Board with Election of Manon Laroche and Scott Wede
Annaly Capital Management, Inc. (NYSE:NLY) ("Annaly" or the "Company") announced today that the Board of Directors of the Company (the "Board") has elected Manon Laroche, former Head of Global Spread Products Securitized Sales, North America at Citigroup, and Scott Wede, former Global Head of Securitized Products and Municipal Finance at Barclays Capital, as independent members of the Board, effective October 1, 2023. Following their appointment, Annaly's Board will be comprised of twelve members, ten of whom are independent and six of whom identify as women and/or racially/ethnically diverse. "We are excited to welcome both Manon and Scott to our Board of Directors and look forward to be
9/7/23 4:15:00 PM ET
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Annaly Capital Management, Inc. Included in Bloomberg Gender-Equality Index for Fifth Consecutive Year
Annaly included in index for fifth consecutive year Publicly released 2019 and 2020 EEO-1 Reports and committed to annual disclosure of workforce diversity statistics in line with broader commitment to diversity and transparency Enhanced parental leave policy and fertility benefits 45% of Annaly's Board of Directors and 40% of Annaly's Operating Committee members are women Annaly Capital Management, Inc. (NYSE:NLY) ("Annaly" or the "Company") today announced that it is one of 418 companies across 45 countries and regions to join the 2022 Bloomberg Gender-Equality Index (GEI), a modified market capitalization-weighted index that aims to track the performance of public companies comm
1/26/22 7:00:00 AM ET
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Annaly Capital Management, Inc. Announces Share Repurchase Program of $1.5 Billion
NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. (NYSE:NLY) (“Annaly” or the “Company”) today announced that its Board of Directors has authorized a new share repurchase program. Under the repurchase program, the Company may repurchase up to $1.5 billion of its outstanding shares of common stock through December 31, 2021. The new repurchase program replaces the Company’s existing $1.5 billion share repurchase program, which expires on December 31, 2020. Purchases made pursuant to the program will be made in either the open market or in privately negotiated transactions from time to time as permitted by securities laws and other legal requirements. The timing, manner, pri
12/31/20 8:00:00 AM ET
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Annaly Capital Management Q2 2024 Adj EPS $0.68 Beats $0.65 Estimate, Sales $1.177B Beat $1.075B Estimate

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Recent Analyst Ratings for $NLY

$NLY SEC Filings

Annaly Capital Management Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

SEC Form 10-Q filed by Annaly Capital Management Inc.

Annaly Capital Management Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

$NLY Large Ownership Changes

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SEC Form SC 13G filed by Annaly Capital Management Inc.

SEC Form SC 13G/A filed by Annaly Capital Management Inc. (Amendment)

SEC Form SC 13G/A filed by Annaly Capital Management Inc. (Amendment)

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Annaly Capital Management, Inc. to Host Investor Day on Thursday, November 21, 2024

Annaly Capital Management, Inc. Announces Preferred Dividends

Annaly Capital Management, Inc. Reports 3rd Quarter 2024 Results

$NLY Financials

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Annaly Capital Management, Inc. Announces Preferred Dividends

Annaly Capital Management, Inc. Reports 3rd Quarter 2024 Results

Annaly Capital Management, Inc. Announces Dates of Third Quarter 2024 Financial Results and Conference Call

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CEO and CIO Finkelstein David L sold $962,500 worth of shares (50,000 units at $19.25), decreasing direct ownership by 8% to 562,469 units (SEC Form 4)

CEO and CIO Finkelstein David L sold $1,002,500 worth of shares (50,000 units at $20.05), decreasing direct ownership by 8% to 612,469 units (SEC Form 4)

Chief Corporate Officer, CLO Green Anthony C sold $1,002,500 worth of shares (50,000 units at $20.05), decreasing direct ownership by 27% to 133,828 units (SEC Form 4)

Annaly Capital Mgmt upgraded by Argus with a new price target

Annaly Capital Mgmt upgraded by Wells Fargo with a new price target

Janney initiated coverage on Annaly Capital Mgmt with a new price target

$NLY Market Insights

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Jones Trading Maintains Buy on Annaly Capital Management, Maintains $21 Price Target