matdesign24 Co-authored by Treading Softly John Krasinski famously started a YouTube channel called "Some Good News" in 2020, during the COVID-19 pandemic. His goal was to highlight good things happening around America when the world was so full of negative news and fear. It was a hit. People loved to tune in to the show he hosted from his house to hear some good news. When it comes to my Seeking Alpha articles, people often ask me why my articles are overwhelmingly positive despite what's going on in the e ...

filo Annaly Capital Management Inc. (NYSE:NLY) solidly covered its dividend with distributable earnings in the second quarter last week. The mortgage real estate investment trust, however, also suffered a small decline in its book value as well, but second quarter results were solid and continue to support the investment thesis, in my view. Annaly Capital Management's net interest margin was positive for the first time in the last year and with the central bank poised to lower short-term interest rates in 2 ...

One of the best aspects about putting your money to work on Wall Street is that there's a path for everyone to make money. Regardless of your risk tolerance or interests, there's bound to be individual stocks and/or exchange-traded funds (ETFs) that can help you reach your goal of financial independence. Recently, the investment advisors at Hartford Funds refreshed a data set from their 2023 report ("The Power of Dividends, Past, Present, and Future") that compared the performance of income stocks to non-pa ...

☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact Name of Registrant as Specified in its Charter) Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging g ...

Annaly Capital Management delivered solid second-quarter results despite more turbulent market conditions. With that higher yield comes more risk. The mortgage real estate investment trust (REIT) uses lots of leverage to invest in mortgage-backed securities (MBS) backed by government agencies like Fannie Mae. While that leverage can boost its returns, it also enhances its volatility. That latter issue has caused the REIT to cut its dividend in the past. However, it successfully navigated more challenging ma ...

Annaly Capital Management, Inc. (NLY) reported second-quarter earnings available for distribution (EAD) per average share of 68 cents, surpassing the Zacks Consensus Estimate of 66 cents. However, the figure declined from the 72 cents reported in the year-ago quarter. Shares of Annaly have lost 2.1% since the release of its second-quarter 2024 results. NLY's average yield on interest-earning assets improved in the reported quarter. However, the company recorded a year-over-year decline in book value per sha ...

Annaly Capital Management, Inc. (NYSE:NLY) Q2 2024 Earnings Conference Call July 25, 2024 9:00 AM ET Corporate Participants Sean Kensil - Director and Investor Relations David Finkelstein - Chief Executive Officer and Chief Investment Officer Serena Wolfe - Chief Financial Officer Ken Adler - Head of Mortgage Servicing Rights and Head of Portfolio V.S. Srinivasan - Head of Agency Conference Call Participants Bose George - KBW Doug Harter - UBS Rick Shane - JPMorgan Jason Stewart - Janney Montgomery Scott Ti ...

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 • GAAP net income (loss) of ($0.09) per average common share for the quarter • Earnings available for distribution ("EAD") of $0.68 per average common share for the quarter • Economic return of 0.9% for the second quarter and 5.7% for the first half of 202 ...