Second Quarter 2024 Investor Presentation July 24, 2024 Important Notices 2 This presentation is issued by Annaly Capital Management, Inc. ("Annaly"), an internally-managed, publicly traded company that has elected to be taxed as a real estate investment trust for federal income tax purposes, and is being furnished in connection with Annaly's Second Quarter 2024 earnings release. This presentation is provided for investors in Annaly for informational purposes only and is not an offer to sell, or a solicitat ...

This quarterly report represents an earnings surprise of 3.03%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.64 per share when it actually produced earnings of $0.64, delivering no surprise. Annaly, which belongs to the Zacks REIT and Equity Trust industry, posted revenues of $53.56 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 83.16%. This compares to year-ago revenues of $-31.96 million. The company has not been able to ...

ANNALY CAPITAL MANAGEMENT, INC. REPORTS 2nd QUARTER 2024 RESULTS NEW YORK—July 24, 2024—Annaly Capital Management, Inc. (NYSE: NLY) ("Annaly" or the "Company") today announced its financial results for the quarter ended June 30, 2024. Financial Highlights Business Highlights Investment and Strategy Financing and Capital "Despite modest widening in Agency MBS spreads, Annaly produced a positive economic return in the second quarter, supported by our diversified capital allocation, balanced hedge portfolio an ...

Updates Since 2023 It's been over six months since I wrote about it in December of last year, so there are some things to recap first. Dividend History (Seeking Alpha) The first is, to its credit, NLY has not experienced any further cuts in its quarterly dividend. This tracks with when rate hikes finally halted. The halt occurred in late 2023, and while many investors (including fans of securities like NI.Y) were hoping rate cuts would begin early this year, they have since remained flat for the first half ...

Annaly Capital Management Inc. (NLY) is scheduled to report second-quarter 2024 results on Jul 24, after market close. The company's results are expected to reflect declines in earnings from the year-ago reported figure, while net interest income (NII) is expected to have increased. Annaly has an impressive earnings surprise history. Its earnings beat the Zacks Consensus Estimate in the trailing four quarters, the average surprise being 3.04%. Let's see how things have shaped up prior to the second-quarter ...

What should investors make of a real estate investment trust (REIT) with a yield over 13%? That's the first hard question you'll face when it comes to Annaly Capital (NLY 2.46%), and it will likely be followed by an even harder one: Should you buy it? Most real estate investment trusts buy physical properties and then lease them to tenants, collecting the rents and using that cash flow to distribute dividends to investors. In fact, REITs were specifically created to allow retail investors to participate in ...

Further, the company is focused on diversifying its investment portfolio. The company seeks to stabilize and diversify its investment portfolio through investing in Agency MBS and residential credit. NLY's strong liquidity position enables it to reinvest in the franchise. In 2022, it sold its Middle Market Lending portfolio and exited its commercial real estate business. Through these exits, Annaly was able to enhance capabilities across its core housing finance strategy. Shares of Annaly have declined 2.7% ...

If you're an investor who doesn't already have access to billions in capital, you could probably learn a few things from the folks who do. Luckily, keeping tabs on the world's most successful investors isn't very hard to do. Let's look at their recent performance to find out if following the lead of billionaire fund managers makes sense for your portfolio. At recent prices, Annaly shares offer a mind-blowing 13.6% yield. The enormous yield is attracting funds run by billionaires. Citadel Advisors, which is ...

Olivier Le Moal Realty Income Corporation (O) is "The Monthly Dividend Company". It is a property REIT that invests in a diverse portfolio of properties using "triple-net" leases. Triple-net leases are a type of lease that makes the tenant responsible for paying most property-level costs. The structure is popular with tenants because they get lower rental rates and can exercise control over the property. For landlords, it removes the necessity of having local infrastructure or hiring local property manageme ...

The first screen that most dividend investors use is often based on dividend yield. The cutoff is normally on the low side, say 4%, so you limit your candidate list to high-yield stocks. However, after some point, higher yields don't necessarily indicate desirable opportunities. That's the case with Annaly Capital (NLY -0.95%) and its dividend yield of 12.8%. Sure, that's a huge yield, but you need to understand these three facts before you buy it. For starters, mortgage bonds are traded all day long while ...