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Annaly Capital Management. (NLY) Stock News, Oct 8, 2020

NLY NYSE

Annaly Capital Management, Inc. reports developments tied to its mortgage REIT platform and diversified investment strategies across mortgage finance. The company is internally managed and has elected REIT tax status, with business activity centered on Agency mortgage-backed securities, Residential Credit investments in non-Agency residential whole loans and securitized products, and Mortgage Servicing Rights.

Recurring updates include quarterly financial results, portfolio allocation, leverage and hedge disclosures, securitization activity, Onslow Bay correspondent loan activity, and cash dividends on common stock and Series F, Series G and Series J preferred stock. Annaly also announces earnings-call schedules and investor materials associated with its financial reporting cycle.

Rhea-AI Summary

Annaly Capital Management (NYSE:NLY) has published its inaugural corporate responsibility report for 2019, titled Principled Investments. This report highlights the company's progress in environmental, social, and governance (ESG) practices, emphasizing its commitment to long-term stakeholder value. Key achievements include a 7% turnover rate among employees, nearly $125 billion financed in residential housing, and a 5% reduction in greenhouse gas emissions intensity. Annaly aims to integrate ESG considerations into its business strategy across five key areas, including corporate governance and responsible investments.

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FAQ

What is the current stock price of Annaly Capital Management. (NLY)?

Annaly Capital Management. (NLY) last closed at $18.85.

What is the market cap of Annaly Capital Management. (NLY)?

The market cap of Annaly Capital Management. (NLY) is approximately $14.9B.