Annaly Capital Management Inc Stock Research

Market Summary

USD19.61+0.18

Market Closed

0.93%

NLY Alerts

Big fall in earnings (Y/Y)
Losses in recent quarter

NLY Stock Price

NLY RSI Chart

NLY Valuation

Market Cap

9.7B

Price/Earnings (Trailing)

-8.49

Price/Sales (Trailing)

3.29

EV/EBITDA

21.77

Price/Free Cashflow

4.17

NLY Price/Sales (Trailing)

NLY Profitability

EBT Margin

63.77%

Return on Equity

15.31%

Return on Assets

2.11%

Free Cashflow Yield

24%

NLY Fundamentals

NLY Revenue

Revenue (TTM)

2.9B

Revenue Y/Y

24.76%

Revenue Q/Q

2.42%

NLY Earnings

Earnings (TTM)

-1.1B

Earnings Y/Y

-141.75%

Earnings Q/Q

4.96%

Price Action

52 Week Range

15.1127.18

(Low)(High)

Last 7 days

6.3%

Last 30 days

3.4%

Last 90 days

-3.5%

Trailing 12 Months

-19.9%

NLY Financial Health

NLY Investor Care

Dividend Yield

19.08%

Shares Dilution (1Y)

35.22%

Diluted EPS (TTM)

-2.82

Peers (Alternatives to Annaly Capital Management)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AXP	125.2B	44.7B	10.74%	0.41%	17.32	2.8	21.11%	-8.75%
GS	107.7B	39.0B	-1.52%	1.95%	10.21	2.76	-18.28%	-43.67%
BLK	102.2B	17.4B	6.14%	2.21%	20.86	5.87	-11.48%	-20.19%
SCHW	99.6B	21.2B	13.20%	-23.24%	13.86	4.8	14.77%	27.91%
MID-CAP
NLY	9.7B	2.9B	3.37%	-19.93%	-8.49	3.29	56.83%	-142.88%
STWD	5.7B	1.7B	7.79%	-21.09%	9.59	3.46	41.15%	-9.40%
AGNC	5.6B	1.5B	0.64%	-17.63%	-8.13	3.83	14.62%	21.32%
NRZ	3.7B	3.8B	-	-	3.79	0.99	-10.11%	22.06%
BXMT	3.3B	1.6B	9.63%	-36.38%	12.25	2.05	77.01%	-39.22%
HASI	2.3B	250.4M	-4.09%	-35.11%	112.55	9.1	13.83%	-83.25%
NYMT	936.4M	257.0M	6.98%	-3.89%	-4.59	3.64	19.36%	-403.67%
SMALL-CAP
MFA	1.1B	508.3M	9.32%	-12.70%	-14.96	2.23	31.13%	-147.30%
PMT	1.1B	-	6.05%	-17.67%	168.15	1.21	52.78%	119.30%
BRMK	635.0M	103.7M	-1.83%	-30.88%	-4.89	6.12	-14.26%	-262.02%
IVR	451.0M	221.6M	11.19%	-31.92%	-2.95	2.04	29.33%	50.50%

Financials for Annaly Capital Management

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Revenue	5.8%	2,941	2,779	2,403	2,137	1,876
S&GA Expenses	-3.0%	158	163	160	166	184
EBITDA	-32.2%	3,241	4,779	5,657	4,328	-
EBITDA Margin	-41.4%	1.17*	1.99*	2.65*	2.31*	-
Earnings Before Taxes	-162.5%	-1,106	1,772	3,084	3,877	2,701
EBT Margin	-50.3%	0.64*	1.28*	1.81*	1.44*	-
Interest Expenses	-13.3%	1,469	1,695	1,780	1,627	-
Net Income	-166.1%	-1,141	1,725	3,029	3,824	2,661
Net Income Margin	-50.8%	0.62*	1.26*	1.79*	1.42*	-
Free Cahsflow	-10.9%	5,372	6,032	4,223	4,041	-

Balance Sheet					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Assets	6.1%	86,832	81,851	85,407	73,637	76,185
Cash Equivalents	13.8%	1,794	1,577	1,466	854	956
Liabilities	6.3%	74,923	70,481	74,455	62,547	64,706
Shareholder's Equity	5.7%	11,909	11,270	10,866	11,027	11,427
Retained Earnings	-12.6%	-10,741	-9,543	-8,211	-7,496	-7,980
Additional Paid-In Capital	2.4%	23,543	22,981	22,968	21,281	20,322
Shares Outstanding	5.5%	494	468	468	402	365
Minority Interest	18.1%	117	99.00	85.00	63.00	52.00

* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Cashflow From Operations	-56.7%	2,324	5,372	6,032	4,223	4,041
Cashflow From Investing	3.8%	-13,976	-14,527	-10,438	78.00	826
Cashflow From Financing	33.0%	12,491	9,389	4,826	-4,826	-5,034
Dividend Payments	6.3%	1,615	1,519	1,423	1,387	1,373
Buy Backs	-	0.00	-	-	-	-

Risks for NLY

What is the probability of a big loss on NLY?

44.2%

Probability that Annaly Capital Management stock will be more than 20% underwater in next one year

40.4%

Probability that Annaly Capital Management stock will be more than 30% underwater in next one year.

25.8%

Probability that Annaly Capital Management stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NLY drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Annaly Capital Management was unfortunately bought at previous high price.

Drawdowns

Returns for NLY

Cumulative Returns on NLY

0.9%

10-Year Cumulative Returns

-0.4%

7-Year Cumulative Returns

-4.1%

5-Year Cumulative Returns

2.2%

3-Year Cumulative Returns

What are the long-term rolling returns for NLY?

FIve years rolling returns for Annaly Capital Management.

Annualized Returns

Which funds bought or sold NLY recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-06-01	MACQUARIE GROUP LTD	unchanged	-	-148,261	1,431,340	-%
2023-06-01	ORG Partners LLC	new	-	432,614	432,614	0.11%
2023-05-30	Aspire Private Capital, LLC	added	506	51,315	62,719	0.02%
2023-05-26	ProShare Advisors LLC	reduced	-68.49	-1,331,420	532,400	-%
2023-05-23	Brookfield Corp /ON/	new	-	352,006	352,006	-%
2023-05-23	BROOKFIELD Corp /ON/	sold off	-100	-24,368	-	-%
2023-05-22	Arete Wealth Advisors, LLC	new	-	219,000	219,000	0.02%
2023-05-22	AMERIPRISE FINANCIAL INC	added	5.66	-1,439,730	27,905,300	0.01%
2023-05-22	Raleigh Capital Management Inc.	unchanged	-	-886	8,600	-%
2023-05-19	Coppell Advisory Solutions LLC	sold off	-100	-253	-	-%

Latest Funds Activity

Are funds buying NLY calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own NLY

No. of Funds

Annaly Capital Management News

Schedule 13G FIlings of Annaly Capital Management

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2023	vanguard group inc	9.58%	44,821,374	SC 13G/A
Jan 26, 2023	blackrock inc.	11.6%	54,334,796	SC 13G/A
Jan 20, 2023	blackrock inc.	11.6%	54,334,796	SC 13G/A
Feb 09, 2022	vanguard group inc	8.87%	128,618,913	SC 13G/A
Feb 01, 2022	blackrock inc.	7.1%	103,350,347	SC 13G/A
Feb 10, 2021	vanguard group inc	8.74%	122,261,013	SC 13G/A
Jan 29, 2021	blackrock inc.	7.7%	107,569,802	SC 13G/A
Feb 12, 2020	vanguard group inc	9.62%	137,595,086	SC 13G/A
Feb 04, 2020	blackrock inc.	11.1%	158,641,946	SC 13G/A

NLY Fair Value

Show Fair-Value

Recent SEC filings of Annaly Capital Management

View All Filings

Date Filed	Form Type	Document
May 19, 2023	4	Insider Trading
May 19, 2023	4	Insider Trading
May 19, 2023	4	Insider Trading
May 19, 2023	4	Insider Trading
May 19, 2023	4	Insider Trading
May 19, 2023	4	Insider Trading
May 19, 2023	4	Insider Trading
May 19, 2023	4	Insider Trading
May 19, 2023	4	Insider Trading
May 19, 2023	4	Insider Trading

Latest Insider Trading transactions for NLY

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-05-18	Reeves Eric A.	acquired	-	-	5,293	-
2023-05-18	DENAHAN WELLINGTON	acquired	-	-	7,057	-
2023-03-08	Finkelstein David L	acquired	-	-	186,934	ceo and cio
2023-03-08	Finkelstein David L	sold (taxes)	-2,105,730	20.37	-103,374	ceo and cio
2023-02-01	Campbell Steven Francis	acquired	-	-	1,520	president and coo
2023-02-01	Finkelstein David L	acquired	-	-	6,186	ceo and cio
2023-02-01	Green Anthony C	acquired	-	-	37,109	chief corporate officer, clo
2023-02-01	Wolfe Serena	acquired	-	-	634	chief financial officer
2023-02-01	Wolfe Serena	sold (taxes)	-56,280	24.00	-2,345	chief financial officer
2023-02-01	Wolfe Serena	acquired	-	-	37,109	chief financial officer

About Annaly Capital Management

NLY Income Statement

2023-03-31

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Net interest income
Interest income	$ 818,250	$ 655,850
Interest expense	798,787	74,922
Net interest income	19,463	580,928
Net servicing income
Servicing and related income	84,273	34,715
Servicing and related expense	7,880	3,757
Net servicing income	76,393	30,958
Other income (loss)
Net gains (losses) on investments and other	1,712	(159,804)
Net gains (losses) on derivatives	(900,752)	1,642,028
Loan loss (provision) reversal	219	(608)
Business divestiture-related gains (losses)	0	(354)
Other, net	15,498	3,058
Total other income (loss)	(883,323)	1,484,320
General and administrative expenses
Compensation expense	29,391	33,002
Other general and administrative expenses	11,437	12,762
Total general and administrative expenses	40,828	45,764
Income (loss) before income taxes	(828,295)	2,050,442
Income taxes	11,033	26,548
Net income (loss)	(839,328)	2,023,894
Net income (loss) attributable to noncontrolling interests	4,928	1,639
Net income (loss) attributable to Annaly	(844,256)	2,022,255
Dividends on preferred stock	31,875	26,883
Net income (loss) available (related) to common stockholders	$ (876,131)	$ 1,995,372
Net income (loss) per share available (related) to common stockholders
Basic (in dollars per share)	$ (1.79)	$ 5.46
Diluted (in dollars per share)	$ (1.79)	$ 5.46
Weighted average number of common shares outstanding
Basic (in shares)	489,688,364	365,340,909
Diluted (in shares)	489,688,364	365,612,991
Other comprehensive income (loss)
Net income (loss)	$ (839,328)	$ 2,023,894
Unrealized gains (losses) on available-for-sale securities	675,374	(3,568,679)
Reclassification adjustment for net (gains) losses included in net income (loss)	482,908	144,787
Other comprehensive income (loss)	1,158,282	(3,423,892)
Comprehensive income (loss)	318,954	(1,399,998)
Comprehensive income (loss) attributable to noncontrolling interests	4,928	1,639
Comprehensive income (loss) attributable to Annaly	314,026	(1,401,637)
Dividends on preferred stock	31,875	26,883
Comprehensive income (loss) attributable to common stockholders	$ 282,151	$ (1,428,520)