☑ 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 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 ...