Annaly (NLY) reported earnings 30 days ago. What's next for the stock?
Annaly Capital Management offers a 12.3% yield and trades at a slight discount to its historical average PE, presenting a compelling income opportunity. NLY's earnings and dividends are poised to rise as interest rate spreads widen, driven by anticipated Fed rate cuts and improved macro predictability. I expect NLY's dividend to climb to over $1/share by 2030, supporting a potential 75% capital gain as the stock approaches a $40 price target.
Annaly Capital's Q1 earnings release showed robust dividend coverage. The Mortgage REIT had $0.76 in earnings available for distribution while paying $0.70 in dividends. Annaly's 12.31% yield is supported by a leveraged agency MBS portfolio, with a 1.35% interest rate spread. Valuation remains attractive at 7.7x earnings and 1.15x book, with a DCF suggesting 33.6% upside from current levels.
Annaly Capital Management, Inc. (NLY) Q1 2026 Earnings Call Transcript
NLY earnings top Q1 estimates as margins widen and income jumps, but a dip in capital ratio and volatile markets cloud the outlook.
Clarity Financial LLC lifted its holdings in shares of Annaly Capital Management Inc (NYSE: NLY) by 3.3% in the undefined quarter, according to its most recent Form 13F filing with the SEC. The firm owned 885,169 shares of the real estate investment trust's stock after buying an additional 27,866 shares during the period.
Annaly Capital Management (NLY) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.72 per share a year ago.
Truth in Income: Stop trading on tweets; invest in businesses that pay you to wait out the news cycle. NLY (12.5% Yield): Capitalize on the agency MBS dip as the Fed holds rates steady and Treasury volatility cools. PDO (11.5% Yield): PIMCO's opportunistic approach turns market fear and credit disruption into double-digit realized returns.
NLY heads into Q1 earnings release with rising NII expectations, but rate volatility and MBS spread pressure may weigh on the key metrics.
The latest trading day saw Annaly Capital Management (NLY) settling at $22.64, representing a +1.07% change from its previous close.
Annaly Capital is a mortgage real estate investment trust. The company's dividend was recently increased, but its dividend history suggests long-term risks.
In the latest trading session, Annaly Capital Management (NLY) closed at $21.37, marking a +1.14% move from the previous day.