Annaly Capital Management (NYSE:NLY) Issues Quarterly Earnings Results

Annaly Capital Management (NYSE:NLY) announced its quarterly earnings results on Wednesday. The real estate investment trust reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.02, Zacks reports. Annaly Capital Management had a return on equity of 15.96% and a net margin of 26.68%.The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $567.67 million.

Annaly Capital Management Trading Down 1.7%

NLY traded down $0.42 during midday trading on Thursday, hitting $23.83. 2,423,626 shares of the company traded hands, compared to its average volume of 8,140,747. The business has a 50 day simple moving average of $22.98 and a two-hundred day simple moving average of $21.70. Annaly Capital Management has a 52-week low of $16.59 and a 52-week high of $24.52. The company has a market capitalization of $16.28 billion, a price-to-earnings ratio of 11.05, a PEG ratio of 7.59 and a beta of 1.25.

Annaly Capital Management Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Wednesday, December 31st will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 11.8%. The ex-dividend date of this dividend is Wednesday, December 31st. Annaly Capital Management’s payout ratio is presently 129.63%.

Hedge Funds Weigh In On Annaly Capital Management

Several hedge funds and other institutional investors have recently made changes to their positions in NLY. CIBC Private Wealth Group LLC raised its stake in Annaly Capital Management by 23.9% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 2,859 shares of the real estate investment trust’s stock valued at $58,000 after purchasing an additional 552 shares during the last quarter. Larson Financial Group LLC raised its position in shares of Annaly Capital Management by 72.2% in the third quarter. Larson Financial Group LLC now owns 3,717 shares of the real estate investment trust’s stock valued at $75,000 after buying an additional 1,558 shares during the last quarter. WFA of San Diego LLC purchased a new position in shares of Annaly Capital Management in the second quarter worth about $89,000. Quarry LP lifted its stake in shares of Annaly Capital Management by 471.8% in the third quarter. Quarry LP now owns 7,205 shares of the real estate investment trust’s stock worth $146,000 after buying an additional 5,945 shares in the last quarter. Finally, Siemens Fonds Invest GmbH grew its stake in Annaly Capital Management by 12.9% during the 3rd quarter. Siemens Fonds Invest GmbH now owns 8,410 shares of the real estate investment trust’s stock valued at $170,000 after acquiring an additional 963 shares in the last quarter. Hedge funds and other institutional investors own 51.56% of the company’s stock.

Annaly Capital Management News Summary

Here are the key news stories impacting Annaly Capital Management this week:

• Positive Sentiment: Q4 results beat consensus — Annaly reported EPS of $0.74 vs. estimates of $0.72 and revenue of $1.06B (well above consensus ~ $567.7M). Management highlighted higher servicing income and tightened spreads, which supported margins and ROE. This stronger-than-expected print and improving fundamentals help explain recent share strength. Annaly Capital Q4 earnings beat as spreads tighten, servicing income rises
• Positive Sentiment: Dividend/yield narratives are bullish — investor pieces frame Annaly as an income play with attractive yields and total-return potential for dividend-focused buyers, which supports demand for the shares. From 12% Yields, 14% Gains to the Next Dividend Train Leaving the Station
• Positive Sentiment: Short interest dropped materially in January (down ~40% to ~11.99M shares), reducing a potential headwind from short-covering dynamics and signaling less bearish positioning. This reduction can support the stock on outflows or volatility. (Internal short-interest report)
• Neutral Sentiment: Pre-earnings coverage and previews had set modest expectations; now that the quarter is out, these prior previews are less market-moving but provide context on what analysts were watching (spreads, servicing, interest-rate sensitivity). Annaly Capital Management Q4 2025 earnings preview: What to expect
• Neutral Sentiment: Valuation discussion: analysts and commentary are re-checking valuation after a strong multi-year run; NLY’s P/E and recent gains prompt debate about whether the yield and earnings growth justify current levels. Useful for investors re-evaluating position sizing. A Look At Annaly Capital Management (NLY) Valuation After Strong Recent Share Price Returns
• Negative Sentiment: Valuation/rotation risk — some analysts urge reassessment after the rally, noting the stock is near its 52-week high and carries a high PEG, raising the risk of downside if interest-rate dynamics or spreads reverse. Is It Time To Reassess Annaly Capital Management (NLY) After Its Strong Three Year Run?

Analyst Ratings Changes

Several brokerages recently weighed in on NLY. Barclays set a $23.00 price target on Annaly Capital Management and gave the company an “equal weight” rating in a research report on Tuesday, January 6th. JPMorgan Chase & Co. lifted their target price on shares of Annaly Capital Management from $21.00 to $22.00 and gave the company an “overweight” rating in a report on Monday, October 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Annaly Capital Management in a research note on Wednesday, January 21st. Jones Trading restated a “buy” rating and set a $22.00 price target on shares of Annaly Capital Management in a research report on Thursday, October 23rd. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $25.00 price objective (up previously from $23.50) on shares of Annaly Capital Management in a report on Thursday, January 15th. Six research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $22.81.

About Annaly Capital Management

Annaly Capital Management, Inc is a publicly traded real estate investment trust (REIT) that specializes in generating income through investment in mortgage-related assets. The company’s core business activities include the acquisition, financing, and management of a diversified portfolio of agency and non-agency residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), and other real estate debt instruments. Annaly seeks to profit from the spread between the interest earned on its mortgage investments and its cost of funds, as well as from capital gains realized through active portfolio management.

Founded in 1997 and headquartered in New York City, Annaly has grown to become one of the largest mortgage REITs in the United States.