Annaly(NLY)

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As Yield Curve Normalizes, Could a Dividend Increase Be in Store for Annaly?
The Motley Fool· 2024-10-27 10:00
The mortgage REIT is seeing tailwinds in its business. Investors are undoubtedly attracted to mortgage real estate investment trusts, or mREITs, such as Annaly Capital Management (NLY -1.07%), for their high dividend yields. Annaly, for its part, currently sports about a 13.2% yield. Although investors might like these high yields, mREITs can sometimes be difficult to understand. With Annaly recently reporting its third-quarter results, let's look at the key metrics investors should pay attention to when co ...
This 13%-Yielding Dividend Is on Very Shaky Ground
The Motley Fool· 2024-10-26 11:16
Annaly Capital Management barely makes enough money to cover its high-yielding dividend. Annaly Capital Management (NLY -1.07%) offers an alluring dividend. At over 13%, its yield is 10 times higher than the S&P 500's. With that higher reward potential comes a higher risk profile. That risk is apparent when taking a closer look at the mortgage REIT's third-quarter results. Here's the key number that puts its high-yielding dividend at a high risk for another reduction. Walking a fine line Annaly Capital Mana ...
Annaly Q3 Earnings Miss Expectations, Book Value Declines Y/Y
ZACKS· 2024-10-24 15:21
Annaly Capital Management, Inc. (NLY) reported third-quarter 2024 adjusted earnings available for distribution (EAD) per average share of 66 cents, which missed the Zacks Consensus Estimate of 67 cents. The reported figure remained unchanged from the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.NLY recorded a year-over-year decline in book value per share (BVPS). Nonetheless, the company’s average yield on interest-earning assets improved in the reported quarter. ...
Annaly Capital Management (NLY) Q3 Earnings and Revenues Lag Estimates
ZACKS· 2024-10-23 23:05
分组1 - Annaly Capital Management reported quarterly earnings of $0.66 per share, missing the Zacks Consensus Estimate of $0.67 per share, representing an earnings surprise of -1.49% [1] - The company posted revenues of $13.4 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 93.68%, compared to year-ago revenues of -$45.33 million [1] - Over the last four quarters, Annaly has surpassed consensus EPS estimates two times but has not beaten consensus revenue estimates [1] 分组2 - Annaly shares have increased by approximately 1.4% since the beginning of the year, while the S&P 500 has gained 22.7% [2] - The current consensus EPS estimate for the coming quarter is $0.68 on $227 million in revenues, and for the current fiscal year, it is $2.67 on $486 million in revenues [4] - The Zacks Industry Rank for REIT and Equity Trust is currently in the bottom 37% of over 250 Zacks industries, indicating potential underperformance compared to the top 50% of ranked industries [5]
Why I'm Avoiding Annaly Capital After Earnings
Seeking Alpha· 2024-10-23 22:33
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or ...
Annaly(NLY) - 2024 Q3 - Quarterly Results
2024-10-23 20:15
ANNALY CAPITAL MANAGEMENT, INC. REPORTS 3rd QUARTER 2024 RESULTS NEW YORK—October 23, 2024—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 t ...
Should You Buy Annaly Capital While It's Below $21?
The Motley Fool· 2024-10-23 10:00
Investors will want to consider the following before picking up this ultra-high yield dividend stock.Many income investors may be drawn to Annaly Capital Management (NLY -1.11%) because of its eye-popping dividend, which at the current share price yields more than 13%.Like many real estate investment trusts (REITs), Annaly Capital struggled due to rising interest rates in the past few years. However, the tides may be shifting: In September, the Federal Reserve cut its benchmark interest rate for the first t ...
If the Fed Keeps Cutting Interest Rates, This Stock Could Be a Winner
The Motley Fool· 2024-10-17 10:00
Annaly Capital could end up a winner if rates keep falling, but dividend investors still shouldn't buy it. Here's what you need to know. Annaly Capital Management (NLY 1.00%) looks like a dividend stock but doesn't act like one. This is hugely important right now as investors assess the potential for additional interest-rate cuts by the Federal Reserve. Lower rates will probably be good for Annaly, but that's only important for investors who are looking for a total-return investment. If you're looking for d ...
Ultra High Yield Annaly: Buy, Sell, or Hold?
The Motley Fool· 2024-10-16 10:16
Annaly Capital has a huge 13% dividend yield, but don't buy it for the yield because the stock may end up letting you down in the long run. Annaly Capital (NLY 0.96%) is one of those stocks that looks like it is a great choice for a specific type of investor, but is really intended for investors with a different approach. In this case, the ultra high yield of 13% screams dividend stock. But in reality, this mortgage real estate investment trust (REIT) isn't a reliable dividend payer. Here's a deeper dive in ...
Buying Annaly Capital Management Taught Me a Costly Lesson (That Will Pay Dividends in the Future)
The Motley Fool· 2024-10-15 08:30
Dividend growth matters more than yield. Annaly Capital Management (NLY 0.71%) was one of the first real estate investment trusts (REITs) I ever purchased. The sole reason I bought shares was its alluring dividend yield. It was in the high single digits at the time. I remember thinking that the stock price doesn't have to rise very much in order to earn an attractive return. Unfortunately, the stock never gained any value in all my years of owning it. Instead, it steadily eroded as the mortgage REIT issued ...