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StockVS

NYSE · REIT - Mortgage · USD

Annaly Capital Management, Inc. (NLY) Stock Analysis

Annaly Capital Management, Inc. (NLY) is a REIT - Mortgage stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

NLY

$18.01

−$0.28 (−1.53%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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NLY Key Statistics

As of Oct 21, 2026
Trading
Open
$18.50
Previous Close
$18.29
Day's Range
17.98–18.52
52-Week Range
17.70–24.52
Volume
16.05M
Valuation
Market Cap
$13.57B
P/E Ratio
4.41
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
5.79
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
32.03
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
9.45
EPS (ttm)Profit attributable to each share over the last twelve months.
4.08
Financials (FY)
Revenue (FY)
$2.24B+87.29%
Net Income (FY)
$2.03B+102.34%
Profit marginThe share of revenue left as profit after all costs and taxes.
77.76%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
753.71M
1-Year Return
−5.70%
Dividend and dates
Dividend
$3.00+16.40%
Ex-Dividend Date
September 30, 2026
Avg Volume
9.78M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, NLY closed at $18.01, −5.70% over 1 year.

Annaly Capital Management, Inc. (NLY) has a market capitalization of $13.57B.

In fiscal 2025, NLY reported revenue of $2.24B.

NLY Stock Return by Calendar Year

Annaly Capital Management, Inc. (NLY) 10-year return: what $10,000 became

1 year
$10,000 $9,430
−5.70%
5 years
$10,000 $9,908
−0.92%
10 years
$10,000 $15,069
+50.69%

If you had invested $10,000 in Annaly Capital Management, Inc. (NLY) 10 years ago, at the close on October 21, 2016, it would have been worth $15,069 at the close on October 21, 2026: +50.69% in total, +4.19% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−13.92%
2025+40.00%
2024+8.07%
2023+4.94%
2022−21.41%
2021+2.48%
2020+2.38%
2019+7.22%
2018−7.23%
2017+31.92%
2016 (partial year)−4.91%

As of October 21, 2026.

NLY Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$2.24B$2.03B90.3%
2024$1.20B$1.00B83.6%
2023−$1.44B−$1.64B114.4%
2022$1.95B$1.73B88.3%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$2.24B——$2.03B90.3%
2024$1.20B——$1.00B83.6%
2023−$1.44B——−$1.64B114.4%
2022$1.95B——$1.73B88.3%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

NLY Dividend History

$2.80+7.7% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$1.452—
2025$2.804+7.7%
2024$2.604+0.0%
2023$2.604−26.1%
YearDividends per sharePaymentsChange
2026 (partial year)$1.452—
2025$2.804+7.7%
2024$2.604+0.0%
2023$2.604−26.1%
2022$3.524+0.0%
2021$3.524−3.3%
2020$3.644−13.3%
2019$4.204−12.5%
2018$4.805+0.0%
2017$4.804+300.0%
2016$1.201—

Most recent payment: $0.73 per share, ex-dividend June 30, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

NLY Valuation vs REIT - Mortgage Median

Median of 38 stocks
MetricNLYREIT - Mortgage medianvs median
P/E4.417.5642% below
P/S ratio9.453.70156% above
Profit margin77.76%38.64%39.1 pts above

Medians across 38 REIT - Mortgage stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Annaly Capital Management, Inc. (NLY) carries a market capitalisation of $13.57B. The company sits in the Real Estate sector, in the REIT - Mortgage industry. The company reports 212 employees.

NLY last closed at $18.01 on October 21, 2026. That is −$0.28 (−1.53%) against the previous close. The 52-week range on file runs from $17.70 to $24.52. The latest close sits 1.75% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $2.24B. Against the prior fiscal year total of $1.20B, that is a change of +87.29%. Net income for the same year was $2.03B. That is +102.34% against the prior fiscal year. Profit margin runs at 77.76%. That is 39.1 percentage points above the REIT - Mortgage median of 38.64%. Earnings per share on a trailing basis come to 4.08.

Across the 4 fiscal years on file, revenue moves from $1.95B in 2022 to $2.24B in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 4.41. That is 41.71% below the REIT - Mortgage median of 7.56. On forward earnings the ratio is 5.79. The PEG ratio, which sets the P/E against expected earnings growth, reads 32.03. The price-to-sales ratio is 9.45. On price-to-sales that is 155.69% above the REIT - Mortgage median of 3.7. 38 REIT - Mortgage companies report these metrics, and the medians quoted come from that group.

Annualized volatility over the trailing 10 years is 28.32%. Over the trailing twelve months the total return is −5.70%. Measured over 10 years, that is +4.19% a year compounded.

Growth & Income

The trailing dividend yield is 16.4%. At the indicated rate that is $3.00 a share a year. The ex-dividend date on file is September 30, 2026. Dividends are recorded for 11 calendar years; 2026 shows 2 payments totalling $1.45 a share. The year before, 2025, totalled $2.80 a share.

2026 is still running; the total return is −13.92% year to date. Across the complete calendar years on file, 2025 returned +40.00% and 2022 returned −21.41%. Of the 9 complete calendar years on file, 7 finished higher.

Peer Comparison

Annaly Capital Management, Inc. (NLY) operates in the REIT - Mortgage industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Annaly Capital Management, Inc. NLY $13.57B 4.4
AGNC Investment Corp. AGNC $10.41B —
Rithm Capital Corp. RITM $4.77B 14.3
Starwood Property Trust, Inc. STWD $4.61B 20.2

The REIT - Mortgage industry average P/E ratio is 7.6x. Annaly Capital Management, Inc. trades at a P/E of 4.4.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Annaly Capital Management, Inc.

Annaly Capital Management, Inc., a diversified capital manager, engages in the residential mortgage finance business. The company invests in agency mortgage-backed securities collateralized by residential mortgages; non-agency residential whole loans and securitized products within the residential and commercial markets; mortgage servicing rights; agency commercial mortgage-backed securities; to-be-announced forward contracts; residential mortgage-backed securities; residential mortgage loans; and agency or private label credit risk transfer securities. It has elected to be taxed as a real estate investment trust (REIT). As a REIT, it is not subject to federal income tax to the extent that it distributes its taxable income to its shareholders. Annaly Capital Management, Inc. was incorporated in 1996 and is based in New York, New York.

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