Annaly Capital Management Inc Stock Research

Market Summary

USD23.34+0.55

Market Closed

2.41%

NLY Stock Price

NLY RSI Chart

NLY Valuation

Market Cap

10.9B

Price/Earnings (Trailing)

3.61

Price/Sales (Trailing)

4.55

EV/EBITDA

1.98

Price/Free Cashflow

1.81

NLY Price/Sales (Trailing)

NLY Profitability

EBT Margin

128.35%

Return on Equity

27.88%

Return on Assets

3.55%

Free Cashflow Yield

55.24%

NLY Fundamentals

NLY Revenue

Revenue (TTM)

2.4B

Revenue Y/Y

64.29%

Revenue Q/Q

5.09%

NLY Earnings

Earnings (TTM)

3.0B

Earnings Y/Y

-153.01%

Earnings Q/Q

-131.76%

Price Action

52 Week Range

15.1128.38

(Low)(High)

Last 7 days

2.6%

Last 30 days

11.3%

Last 90 days

26.5%

Trailing 12 Months

-15.3%

NLY Financial Health

NLY Investor Care

Dividend Yield

19.08%

Dividend/Share (TTM)

3.52

Shares Dilution (1Y)

29.50%

Diluted EPS (TTM)

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
SCHW	140.9B	20.0B	-9.30%	-15.80%	20.74	7.06	11.04%	25.60%
AXP	128.7B	41.6B	19.65%	1.28%	16.8	3.1	29.77%	-1.52%
GS	119.9B	42.0B	3.76%	6.45%	8.65	2.85	-19.76%	-37.54%
BLK	114.2B	18.6B	8.40%	-2.32%	20.54	6.13	-0.55%	-4.20%
NLY	10.9B	2.4B	11.30%	-15.30%	3.61	4.55	15.10%	6.23%
MID-CAP
AGNC	6.4B	1.4B	13.51%	-12.34%	-3.62	4.69	-7.83%	-296.46%
STWD	6.4B	1.3B	13.81%	-10.19%	7.78	4.93	11.01%	77.63%
NRZ	4.4B	5.1B	14.03%	22.72%	4.15	0.87	71.94%	48.11%
BXMT	4.1B	1.1B	13.41%	-15.49%	9.64	3.54	48.48%	10.76%
HASI	3.2B	235.1M	25.61%	0.29%	25.65	13.51	12.85%	39.02%
SMALL-CAP
PMT	1.4B	1.1B	24.34%	-2.36%	-14.36	1.27	123.14%	-160.55%
MFA	1.2B	445.4M	20.04%	-26.74%	-6.09	2.66	40.53%	-158.74%
NYMT	1.2B	260.6M	20.23%	-4.45%	-5.13	4.42	29.80%	-194.70%
BRMK	587.5M	116.8M	25.75%	-46.67%	9.99	5.03	-4.08%	-28.93%
IVR	520.7M	179.3M	14.63%	-32.17%	-1.03	2.9	10.55%	-617.70%

Financials for Annaly Capital Management

Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Revenue	12.4%	2,403	2,137	1,876	1,983	2,088
S&GA Expenses	-3.6%	160	166	184	186	188
EBITDA	-15.5%	4,779	5,657	4,328	4,135	-
EBITDA Margin	-24.9%	1.99*	2.65*	2.31*	2.09*	-
Earnings Before Taxes	-20.5%	3,084	3,877	2,701	2,401	2,841
EBT Margin	-29.2%	1.28*	1.81*	1.44*	1.21*	-
Interest Expenses	-4.8%	1,695	1,780	1,627	1,734	1,806
Net Income	-20.8%	3,029	3,824	2,661	2,390	2,852
Net Income Margin	-29.5%	1.26*	1.79*	1.42*	1.21*	-
Free Cahsflow	42.9%	6,032	4,223	4,041	3,077	-

* denotes actual numbers (not divided by Millions)

Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Assets	16.0%	85,407	73,637	76,185	76,764	76,662
Cash Equivalents	71.7%	1,466	854	956	1,342	1,046
Liabilities	19.0%	74,455	62,547	64,706	63,569	62,945
Shareholder's Equity	-1.5%	10,866	11,027	11,427	13,170	13,718
Retained Earnings	-9.5%	-8,211.36	-7,496.06	-7,980.41	-9,653.58	-9,720.27
Additional Paid-In Capital	7.9%	22,968	21,281	20,322	20,325	20,228
Shares Outstanding	16.3%	468	402	365	365	361
Minority Interest	35.3%	85	63	52	25	20

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Cashflow From Operations	42.9%	6,032	4,223	4,041	3,077	3,083
Cashflow From Investing	-13542.6%	-10,438.56	78	826	4,899	6,494
Cashflow From Financing	200.0%	4,826	-4,826.82	-5,034.13	-7,877.73	-9,770.99
Dividend Payments	2.6%	1,423	1,387	1,373	1,360	1,358
Buy Backs	-100.0%	0	69	-	-	-

* denotes actual numbers (not divided by Millions)

Risks for NLY

What is the probability of a big loss on NLY?

37.3%

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

33.5%

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

2.0%

10-Year Cumulative Returns

4.4%

7-Year Cumulative Returns

-1.0%

5-Year Cumulative Returns

-5.2%

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
2023-01-26	GraniteShares Advisors LLC	added	15.13	170,372	578,372	0.48%
2023-01-26	DUMONT & BLAKE INVESTMENT ADVISORS LLC	reduced	-12.97	43,000	669,000	0.24%
2023-01-26	OREGON PUBLIC EMPLOYEES RETIREMENT FUND	added	22.35	1,823,510	5,450,510	0.07%
2023-01-26	Accel Wealth Management	reduced	-9.01	704	31,704	0.01%
2023-01-26	PL Capital Advisors, LLC	new	-	2,108,000	2,108,000	0.58%
2023-01-26	Next Level Private LLC	unchanged	-	59,864	279,864	0.21%
2023-01-26	STRS OHIO	reduced	-7.51	195,000	1,620,000	0.01%
2023-01-26	SkyOak Wealth, LLC	added	62.1	221,694	445,694	0.15%
2023-01-26	Strategic Blueprint, LLC	reduced	-1.11	51,829	293,829	0.03%
2023-01-26	CENTRAL TRUST Co	added	68.49	67,642	129,642	-%

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
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

Recent SEC filings of Annaly Capital Management

View All Filings

Date Filed	Form Type	Document
Jan 26, 2023	SC 13G/A	Major Ownership Report
Jan 20, 2023	SC 13G/A	Major Ownership Report
Dec 15, 2022	8-K	Current Report
Dec 09, 2022	8-K	Current Report
Nov 16, 2022	8-K	Current Report
Nov 14, 2022	8-K	Current Report
Nov 03, 2022	10-Q	Quarterly Report
Nov 03, 2022	424B5	Prospectus Filed
Oct 26, 2022	8-K	Current Report
Oct 26, 2022	8-K	Current Report

Latest Insider Trading transactions for NLY

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2022-07-14	Fallon Katherine Beirne	acquired	-	-	12,186	-
2022-06-30	Green Anthony C	sold (taxes)	-95,789.3	5.91	-16,208	chief corporate officer, clo
2022-06-30	Green Anthony C	acquired	-	-	6,344	chief corporate officer, clo
2022-06-30	Finkelstein David L	sold (taxes)	-518,839	5.91	-87,790	ceo and president
2022-06-30	Finkelstein David L	acquired	-	-	31,721	ceo and president
2022-06-17	Finkelstein David L	bought	1,112,000	5.56	200,000	ceo and president
2022-05-19	Reeves Eric A.	acquired	-	-	13,101	-
2022-05-19	Fallon Katherine Beirne	acquired	-	-	7,804	-
2022-05-19	DENAHAN WELLINGTON	acquired	-	-	17,468	-
2022-02-01	Wolfe Serena	acquired	-	-	47,528	chief financial officer

About Annaly Capital Management

NLY Income Statement

2022-09-30

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Net interest income
Interest income	$ 678,488	$ 412,972	$ 1,979,953	$ 1,560,256
Interest expense	400,491	50,438	645,888	187,458
Net interest income	277,997	362,534	1,334,065	1,372,798
Net servicing income
Servicing and related income	74,486	17,948	164,886	37,696
Servicing and related expense	7,780	3,012	17,486	7,912
Net servicing income	66,706	14,936	147,400	29,784
Other income (loss)
Net gains (losses) on investments and other	(2,702,512)	102,819	(3,477,532)	161,431
Net gains (losses) on derivatives	2,117,240	84,950	4,774,911	672,371
Loan loss (provision) reversal	1,613	6,134	27,918	145,260
Business divestiture-related gains (losses)	(2,936)	(14,009)	(27,245)	(262,045)
Other, net	1,526	1,285	(902)	1,580
Total other income (loss)	(585,069)	181,179	1,297,150	718,597
General and administrative expenses
Compensation expense	27,744	27,859	82,989	91,390
Other general and administrative expenses	10,178	16,023	36,735	53,923
Total general and administrative expenses	37,922	43,882	119,724	145,313
Income (loss) before income taxes	(278,288)	514,767	2,658,891	1,975,866
Income taxes	(4,311)	(6,767)	45,657	(1,954)
Net income (loss)	(273,977)	521,534	2,613,234	1,977,820
Net income (loss) attributable to noncontrolling interests	1,287	2,290	(453)	3,405
Net income (loss) attributable to Annaly	(275,264)	519,244	2,613,687	1,974,415
Dividends on preferred stock	26,883	26,883	80,649	80,649
Net income (loss) available (related) to common stockholders	$ (302,147)	$ 492,361	$ 2,533,038	$ 1,893,766
Net income (loss) per share available (related) to common stockholders
Basic (in dollars per share)	$ (0.70)	$ 1.36	$ 6.46	$ 5.34
Diluted (in dollars per share)	$ (0.70)	$ 1.36	$ 6.45	$ 5.34
Weighted average number of common shares outstanding
Basic (in shares)	429,858,876	361,328,979	392,172,655	354,606,052
Diluted (in shares)	429,858,876	361,589,467	392,445,034	354,875,551
Other comprehensive income (loss)
Net income (loss)	$ (273,977)	$ 521,534	$ 2,613,234	$ 1,977,820
Unrealized gains (losses) on available-for-sale securities	(2,578,509)	(113,451)	(8,650,438)	(1,733,919)
Reclassification adjustment for net (gains) losses included in net income (loss)	1,457,999	(28,186)	2,260,592	(1,778)
Other comprehensive income (loss)	(1,120,510)	(141,637)	(6,389,846)	(1,735,697)
Comprehensive income (loss)	(1,394,487)	379,897	(3,776,612)	242,123
Comprehensive income (loss) attributable to noncontrolling interests	1,287	2,290	(453)	3,405
Comprehensive income (loss) attributable to Annaly	(1,395,774)	377,607	(3,776,159)	238,718
Dividends on preferred stock	26,883	26,883	80,649	80,649
Comprehensive income (loss) attributable to common stockholders	$ (1,422,657)	$ 350,724	$ (3,856,808)	$ 158,069