NLY
Neutral signalScored 2026-08-06 Drivers: fundamentals. Insiders: neutral. Moteurs : fondamentaux. Initiés : neutre.
Research, not advice.
À propos
Annaly Capital Management, Inc.
- Nom
- Annaly Capital Management, Inc.
- Secteur
- Real Estate
- Industrie
- REIT - Mortgage
- Bourse
- NYSE
- Capitalisation
- $13.8B
- Employés
- 212
- PDG
- David L. Finkelstein
- Site web
- https://www.annaly.com
- Marché
- AGNCAOMNAOMRARRCIMDX
Annaly Capital Management, Inc. (NLY) operates as a multifaceted financial firm, specializing in managing capital across various sectors. Its core business encompasses mortgage-related investments and lending to middle-market corporations. NLY strategically deploys capital across a diverse range of assets, including government-sponsored (Agency) and privately-issued (non-Agency) mortgage-backed securities, residential and commercial mortgage loans, mortgage servicing rights, credit risk transfer instruments, corporate debt, and other commercial real estate investments. Operating as a Real Estate Investment Trust (REIT), Annaly benefits from a particular tax structure. This designation exempts it from federal corporate income tax, provided it distributes the majority of its taxable earnings to its investors. Established in 1996, the firm's corporate headquarters are located in New York City.
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
VENTE TOTALE: 50 000 titres (~1 144 500,00 $ US)
- Insiders
- Finkelstein David L
- Total bought
-
—
Avg buy (VWAP, 90d window) —
- Total sold
-
$1,144,500
Avg sell (VWAP, 90d window) $22.89 vs last close —
Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.
$1,144,500 of that total is under a Rule 10b5-1 plan. It is shown here and left out of the score.
- Last activity
- 2026-08-03
- Last synced
-
2026-08-09 12:58:10
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-08-03 | Finkelstein David L | Sell · S · 10b5-1 | 50,000 | $22.89 | $1,144,500 | Form 4 |
Sales marked 10b5-1 are scheduled in advance and don't count toward the Quorum score. Les ventes marquées 10b5-1 sont planifiées à l'avance et ne pèsent pas dans le score Quorum.
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Recent trades
| Date | Representative | Type | Amount |
|---|---|---|---|
| 2023-03-06 | Daniel Goldman | Sale (Full) | $1,001 - $15,000 |
| 2023-03-01 | Daniel Goldman | Sale (Full) | $1,001 - $15,000 |
| 2020-01-08 | Bob Gibbs | Purchase | $1,001 - $15,000 |
| 2019-12-19 | Bob Gibbs | Purchase | $1,001 - $15,000 |
| 2019-03-26 | Bob Gibbs | Purchase | $1,001 - $15,000 |
| 2019-03-22 | Bob Gibbs | Purchase | $1,001 - $15,000 |
| 2018-09-06 | Bob Gibbs | Sale (Full) | $15,001 - $50,000 |
| 2018-08-27 | Bob Gibbs | Purchase | $1,001 - $15,000 |
| 2018-07-03 | Bob Gibbs | Sale (Full) | $15,001 - $50,000 |
| 2018-06-13 | Bob Gibbs | Purchase | $1,001 - $15,000 |
| 2018-05-24 | Bob Gibbs | Purchase | $1,001 - $15,000 |
Signal
Neutral signalScored 2026-08-06 Drivers: fundamentals. Insiders: neutral. Moteurs : fondamentaux. Initiés : neutre.
NLY presents a critically weak liquidity profile (score: 15) with near-zero current ratios and negative free cash flow that structurally undermine its otherwise improving profitability trend (score: 65).
The first sentence of the analysis written for NLY on 2026-08-06 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Unavailable or mixed. – Insider: neutral. All sales (≈ $1.1M) were pre-planned Rule 10b5-1 trades, excluded from the score. No open-market buys or discretionary sales. – Initiés : neutre. Toutes les ventes (≈ $1.1M) sont sous plan 10b5-1 préétabli, exclues du score. Aucun achat ni vente discrétionnaire.
- Congress Unavailable or mixed. No purchase disclosures in the stored window
- Narrative Pulls against a bullish reading. Stored narrative reading is in the bearish band
- Timing Unavailable or mixed. No stored price series
- Financial indicators Unavailable or mixed. Current ratio 0.03 · operating margin 103% — readings disagree
Market snapshot
Financial ratios
| Metric | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 99.9% | 99.0% | 99.1% | 99.0% | 93.4% | |
| Ebit Margin | 102.6% | 88.4% | 40.0% | 74.3% | 352.7% | |
| Ebitda Margin | 102.6% | 88.9% | 40.5% | 74.8% | 356.0% | |
| Operating Profit Margin | 102.6% | 88.4% | 40.0% | 75.2% | 389.8% | |
| Pretax Profit Margin | 30.5% | 16.2% | -28.5% | 42.7% | 319.5% | |
| Continuous Operations Profit Margin | 30.6% | 15.9% | -29.2% | 41.6% | 318.9% | |
| Net Profit Margin | 30.3% | 15.8% | -29.3% | 41.6% | 318.1% | |
| Bottom Line Profit Margin | 27.9% | 13.3% | -31.8% | 38.9% | 303.7% | |
| Current Ratio | 0.035 | 0.049 | 0.100 | 0.036 | 0.006 | |
| Quick Ratio | 0.035 | 0.049 | 0.100 | 0.036 | 0.006 | |
| Solvency Ratio | 0.017 | 0.011 | -0.020 | 0.025 | 0.038 | |
| Cash Ratio | 0.024 | 0.004 | 0.004 | 0.002 | 0.002 | |
| Price To Earnings Ratio | 7.658 | 11.296 | -5.366 | 5.364 | 4.888 | |
| Price To Earnings Growth Ratio | 0.095 | -0.078 | 0.028 | -0.139 | -0.015 | |
| Forward Price To Earnings Growth Ratio | 0.095 | -0.078 | 0.028 | -0.139 | -0.015 | |
| Price To Earnings Diluted Ratio | 7.658 | 11.296 | -5.366 | 5.378 | 4.895 | |
| Price To Earnings Diluted Growth Ratio | 0.095 | -0.078 | 0.028 | -0.139 | -0.015 | |
| Price To Book Ratio | 0.889 | 0.757 | 0.851 | 0.769 | 0.848 | |
| Price To Sales Ratio | 2.136 | 1.502 | 1.708 | 2.089 | 14.856 | |
| Price To Free Cash Flow Ratio | -64.365 | 3.901 | 4.862 | 1.990 | 4.397 | |
| Price To Operating Cash Flow Ratio | 20.637 | 2.884 | 4.047 | 1.614 | 3.628 | |
| Debt To Assets Ratio | 0.825 | 0.865 | 0.832 | 0.835 | 0.806 | |
| Debt To Equity Ratio | 6.952 | 7.106 | 6.889 | 6.061 | 4.698 | |
| Debt To Capital Ratio | 0.874 | 0.877 | 0.873 | 0.858 | 0.825 | |
| Long Term Debt To Capital Ratio | 0.651 | 0.621 | 0.530 | 0.431 | 0.320 | |
| Financial Leverage Ratio | 8.428 | 8.213 | 8.283 | 7.262 | 5.829 | |
| Working Capital Turnover Ratio | -0.090 | -0.099 | -0.092 | -0.072 | -0.027 | |
| Operating Cash Flow Ratio | 0.008 | 0.047 | 0.034 | 0.087 | 0.055 | |
| Operating Cash Flow Sales Ratio | 0.103 | 0.521 | 0.422 | 1.295 | 4.095 | |
| Free Cash Flow Operating Cash Flow Ratio | -0.321 | 0.739 | 0.832 | 0.811 | 0.825 | |
| Debt Service Coverage Ratio | 0.079 | 0.077 | 0.032 | 0.050 | 0.048 | |
| Interest Coverage Ratio | 1.424 | 1.224 | 0.584 | 2.384 | 11.751 | |
| Short Term Operating Cash Flow Coverage Ratio | 0.008 | 0.048 | 0.037 | 0.090 | 0.055 | |
| Operating Cash Flow Coverage Ratio | 0.006 | 0.037 | 0.031 | 0.079 | 0.050 | |
| Capital Expenditure Coverage Ratio | 0.757 | 3.836 | 5.966 | 5.297 | 5.718 | |
| Dividend Paid And Capex Coverage Ratio | 0.248 | 1.405 | 1.236 | 2.121 | 1.621 | |
| Dividend Payout Ratio | 0.928 | 1.491 | -0.924 | 0.881 | 0.569 | |
| Enterprise Value Multiple | 18.064 | 17.500 | 38.277 | 24.765 | 27.262 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 99.9% | ▲0.9% | ▲1.8% |
| Ebit Margin | 102.6% | ▲14.2% | ▼-29.0% |
| Ebitda Margin | 102.6% | ▲13.7% | ▼-29.9% |
| Operating Profit Margin | 102.6% | ▲14.2% | ▼-36.6% |
| Pretax Profit Margin | 30.5% | ▲14.4% | ▼-45.5% |
| Continuous Operations Profit Margin | 30.6% | ▲14.7% | ▼-44.9% |
| Net Profit Margin | 30.3% | ▲14.5% | ▼-45.0% |
| Bottom Line Profit Margin | 27.9% | ▲14.6% | ▼-42.5% |
| Current Ratio | 0.035 | ▼-0.014 | ▼-0.010 |
| Quick Ratio | 0.035 | ▼-0.014 | ▼-0.010 |
| Solvency Ratio | 0.017 | ▲0.006 | ▲0.003 |
| Cash Ratio | 0.024 | ▲0.020 | ▲0.017 |
| Price To Earnings Ratio | 7.657 | ▼-3.639 | ▲2.890 |
| Price To Earnings Growth Ratio | 0.095 | ▲0.173 | ▲0.117 |
| Forward Price To Earnings Growth Ratio | 0.095 | ▲0.173 | ▲0.117 |
| Price To Earnings Diluted Ratio | 7.657 | ▼-3.639 | ▲2.885 |
| Price To Earnings Diluted Growth Ratio | 0.095 | ▲0.173 | ▲0.117 |
| Price To Book Ratio | 0.889 | ▲0.132 | ▲0.066 |
| Price To Sales Ratio | 2.136 | ▲0.633 | ▼-2.323 |
| Price To Free Cash Flow Ratio | -64.365 | ▼-68.266 | ▼-54.522 |
| Price To Operating Cash Flow Ratio | 20.637 | ▲17.753 | ▲14.075 |
| Debt To Assets Ratio | 0.825 | ▼-0.040 | ▼-0.008 |
| Debt To Equity Ratio | 6.952 | ▼-0.154 | ▲0.611 |
| Debt To Capital Ratio | 0.874 | ▼-0.002 | ▲0.013 |
| Long Term Debt To Capital Ratio | 0.651 | ▲0.029 | ▲0.140 |
| Financial Leverage Ratio | 8.428 | ▲0.215 | ▲0.825 |
| Working Capital Turnover Ratio | -0.090 | ▲0.009 | ▼-0.014 |
| Operating Cash Flow Ratio | 0.008 | ▼-0.039 | ▼-0.038 |
| Operating Cash Flow Sales Ratio | 0.103 | ▼-0.417 | ▼-1.184 |
| Free Cash Flow Operating Cash Flow Ratio | -0.321 | ▼-1.060 | ▼-0.898 |
| Debt Service Coverage Ratio | 0.079 | ▲0.003 | ▲0.022 |
| Interest Coverage Ratio | 1.424 | ▲0.200 | ▼-2.049 |
| Short Term Operating Cash Flow Coverage Ratio | 0.009 | ▼-0.040 | ▼-0.039 |
| Operating Cash Flow Coverage Ratio | 0.006 | ▼-0.031 | ▼-0.034 |
| Capital Expenditure Coverage Ratio | 0.757 | ▼-3.079 | ▼-3.557 |
| Dividend Paid And Capex Coverage Ratio | 0.248 | ▼-1.157 | ▼-1.078 |
| Dividend Payout Ratio | 0.928 | ▼-0.562 | ▲0.339 |
| Enterprise Value Multiple | 18.064 | ▲0.564 | ▼-7.110 |
Key metrics
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Market cap | $14.30B | $9.55B | $9.58B | $8.67B | $11.16B | |
| Enterprise value | $124.12B | $98.87B | $86.84B | $76.83B | $72.92B | |
| EV / Sales | 18.54x | 15.56x | 15.49x | 18.51x | 97.05x | |
| EV / Op. cash flow | 179.13x | 29.86x | 36.69x | 14.30x | 23.70x | |
| EV / Free cash flow | -558.69x | 40.40x | 44.07x | 17.63x | 28.72x | |
| EV / EBITDA | 18.06x | 17.50x | 38.28x | 24.77x | 27.26x | |
| Net debt / EBITDA | 15.98x | 15.81x | 34.05x | 21.97x | 23.09x | |
| Current ratio | 0.04x | 0.05x | 0.10x | 0.04x | 0.01x | |
| Income quality | 0.34x | 3.27x | -1.45x | 3.11x | 1.28x | |
| Graham number | $42 | $32 | — | $51 | $75 | |
| Graham net-net | -$183 | -$168 | -$155 | -$170 | -$177 | |
| Tax burden | 99.1% | 97.6% | 102.8% | 97.4% | 99.5% | |
| Interest burden | 29.8% | 18.3% | -71.3% | 57.5% | 90.6% | |
| Working capital | -$81.84B | -$66.44B | -$61.85B | -$59.44B | -$55.88B | |
| Invested capital | -$81.83B | -$65.99B | -$61.50B | -$58.36B | -$55.24B | |
| Return on assets | 1.5% | 1.0% | -1.8% | 2.1% | 3.1% | |
| Operating ROA | 5.7% | 5.7% | 2.6% | 3.9% | 3.5% | |
| Return on tangible assets | 1.5% | 1.0% | -1.8% | 2.1% | 3.1% | |
| Return on equity | 12.6% | 7.9% | -14.6% | 15.3% | 18.1% | |
| Return on invested capital | 18802.4% | 5.4% | 2.5% | 3.8% | 3.8% | |
| Return on capital employed | 13.5% | 16.7% | 9.1% | 15.5% | 14.3% | |
| Earnings yield | 14.2% | 10.5% | -17.2% | 19.9% | 21.4% | |
| Free cash flow yield | -1.6% | 25.6% | 20.6% | 50.3% | 22.7% | |
| Capex / Op. cash flow | 132.1% | 26.1% | 16.8% | 18.9% | 17.5% | |
| Capex / Depreciation | 2688.5% | 2843.3% | 1599.6% | 4946.2% | 2184.4% | |
| Capex / Sales | 13.7% | 13.6% | 7.1% | 24.4% | 71.6% | |
| SG&A / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| R&D / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Stock comp / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Intangibles / Total assets | 0.0% | 0.4% | 0.4% | 1.3% | 0.8% | |
| Days sales outstanding | 51d | 61d | 80d | 56d | 114d | |
| Days payables outstanding | 139717d | 1613d | 2118d | 2895d | 675d | |
| Operating cycle | 51d | 61d | 80d | 56d | 114d | |
| Cash conversion cycle | -139666d | -1552d | -2039d | -2839d | -561d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Change over 5 years
Employee count
Peer market caps
Recent news
- 2026-08-06 Best Value Stocks to Buy for August 6th NLY, IDCBY and ACGBY made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 6th, 2026.
- 2026-08-01 I''m Collecting Double-Digit Yields From Your Mortgage 7% mortgage rates increase lifetime interest costs for home buyers; those elevated yields flow to investors. Long-term interest rate volatility has driven mortgage prices to multi-decade lows without increasing credit defaults. The Fed''s balance sheet reduction—shrinking its MBS portfolio from $2.7 trillion to $1.9 trillion—removed a price-insensitive buyer, creating deep secondary market discounts for private capital to capture.
- 2026-07-31 Wall Street Loves These 3 High-Yield Stocks Ahead of August High-yield picks like CHCT, LGGNY and NLY stand out as resilient income options as investors navigate inflation, rate uncertainty and market volatility.
- 2026-07-30 Best Income Stocks to Buy for July 30th NLY, WASH and OPBK made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 30, 2026.
- 2026-07-29 Annaly (NLY) Upgraded to Buy: Here''s Why Annaly (NLY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company''s earnings prospects. This might drive the stock higher in the near term.
- 2026-07-29 First Trust Advisors LP Purchases 698,643 Shares of Annaly Capital Management Inc $NLY First Trust Advisors LP boosted its position in Annaly Capital Management Inc (NYSE: NLY) by 102.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,377,674 shares of the real estate investment trust''s stock after buying an additional 698,643 shares during the
- 2026-07-27 My Income Team Is Yielding Over 10% A winning investment strategy requires distinct roles – combining high immediate cash generators, steady payout anchors, and growing dividend engines. Maximum Payers: Function as aggressive "scorers", distributing nearly 100% of earnings to generate high yields. Steady Eddy''s: Fixed-income investments provide predictable monthly distributions, anchoring baseline portfolio cash flow regardless of broader equity sentiment.
- 2026-07-23 Annaly Capital Management''s EAD Topped Its Dividend for a 9th Straight Quarter. Here''s Why That Matters for Its 12.5%+ Yielding Payout. Annaly''s EAD has steadily risen over the last nine quarters. That growth has supported two dividend increases.
- 2026-07-23 Annaly Q2 Earnings Call Highlights Housing Finance Strategy NLY highlights diversified housing finance growth, with focus on Agency securities, Residential Credit, MSR opportunities and disciplined capital allocation.
- 2026-07-23 Annaly Capital: Double-Digit Yield And Trading At A Discount Annaly Capital Management is rated a Strong Buy for its 13.38% dividend yield and significant capital appreciation potential by 2030. NLY''s diversified REIT model, resilient through multiple economic cycles, benefits from agency MBS, MSR, and residential credit strategies with yields up to 16%. I expect falling interest rates to expand NLY''s net interest margin, driving both dividend growth and share price appreciation toward a $40 target by 2030.