Annaly Capital Management (NYSE:NLY) Issues Earnings Results, Beats Expectations By $0.04 EPS

Annaly Capital Management (NYSE:NLY) released its quarterly earnings data on Tuesday. The real estate investment trust reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.04, FiscalAI reports. Annaly Capital Management had a return on equity of 16.33% and a net margin of 43.66%.The business had revenue of $892.86 million during the quarter, compared to the consensus estimate of $639.80 million.

Annaly Capital Management Stock Performance

NYSE NLY opened at $22.49 on Thursday. The stock has a market cap of $16.48 billion, a price-to-earnings ratio of 5.64, a PEG ratio of 6.82 and a beta of 1.16. The business has a 50 day simple moving average of $22.14 and a 200 day simple moving average of $22.46. Annaly Capital Management has a 52-week low of $20.00 and a 52-week high of $24.52.

Annaly Capital Management Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be paid a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 13.3%. The ex-dividend date of this dividend is Tuesday, June 30th. This is a positive change from Annaly Capital Management’s previous quarterly dividend of $0.70. Annaly Capital Management’s dividend payout ratio (DPR) is currently 101.35%.

Analyst Ratings Changes

NLY has been the subject of several analyst reports. Piper Sandler boosted their target price on Annaly Capital Management from $24.50 to $25.00 and gave the stock an “overweight” rating in a research report on Thursday, July 2nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $25.00 price target on shares of Annaly Capital Management in a research report on Wednesday, June 3rd. JonesTrading reissued a “buy” rating and set a $25.00 price objective on shares of Annaly Capital Management in a research note on Wednesday, April 22nd. JPMorgan Chase & Co. lifted their price objective on shares of Annaly Capital Management from $24.00 to $26.00 and gave the stock an “overweight” rating in a research note on Friday, July 17th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Annaly Capital Management in a report on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $24.67.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in NLY. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Annaly Capital Management by 394.1% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 5,374,696 shares of the real estate investment trust’s stock worth $108,623,000 after buying an additional 4,286,893 shares during the period. Goldman Sachs Group Inc. raised its position in Annaly Capital Management by 833.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,920,617 shares of the real estate investment trust’s stock valued at $59,318,000 after buying an additional 2,607,784 shares during the last quarter. State Street Corp raised its position in Annaly Capital Management by 8.4% in the 4th quarter. State Street Corp now owns 26,425,278 shares of the real estate investment trust’s stock valued at $608,994,000 after buying an additional 2,053,451 shares during the last quarter. Marshall Wace LLP acquired a new stake in Annaly Capital Management in the 3rd quarter valued at approximately $40,234,000. Finally, Morgan Stanley lifted its stake in Annaly Capital Management by 33.5% in the 4th quarter. Morgan Stanley now owns 6,977,329 shares of the real estate investment trust’s stock valued at $156,013,000 after acquiring an additional 1,751,509 shares in the last quarter. Institutional investors and hedge funds own 51.56% of the company’s stock.

Trending Headlines about Annaly Capital Management

Here are the key news stories impacting Annaly Capital Management this week:

• Positive Sentiment: Annaly reported Q2 2026 earnings of $0.79 per share, topping estimates, with revenue of $892.86 million versus expectations of $639.80 million, signaling a solid earnings beat. Annaly Capital Management, Inc. Reports 2nd Quarter 2026 Results
• Positive Sentiment: The company raised its quarterly dividend to $0.75, which reinforces confidence in cash generation and dividend coverage for income-focused investors. Annaly signals agency 14%-16% levered return opportunity as it raises quarterly dividend to $0.75
• Positive Sentiment: Management highlighted strong momentum, improved net interest income, margin expansion, and a 5.5% economic return, suggesting better operating performance despite higher funding costs. Annaly Capital Management Earnings Call Highlights Strong Momentum
• Neutral Sentiment: Analysts and commentary are now focusing on whether the stock still looks inexpensive after the earnings beat and recent gains, which could limit further upside if the valuation rerates. Annaly Capital Management (NLY) Beats On Q2 Earnings, Is The Stock Still Cheap?

Annaly Capital Management Company Profile

Annaly Capital Management, Inc is a publicly traded real estate investment trust (REIT) that specializes in generating income through investment in mortgage-related assets. The company’s core business activities include the acquisition, financing, and management of a diversified portfolio of agency and non-agency residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), and other real estate debt instruments. Annaly seeks to profit from the spread between the interest earned on its mortgage investments and its cost of funds, as well as from capital gains realized through active portfolio management.

Founded in 1997 and headquartered in New York City, Annaly has grown to become one of the largest mortgage REITs in the United States.