Welcome to our dedicated page for Annaly Capital news (Ticker: NLY), a resource for investors and traders seeking the latest updates and insights on Annaly Capital stock.
Annaly Capital Management, Inc. (NYSE: NLY) is a mortgage-focused REIT and diversified capital manager whose news flow centers on mortgage finance, housing-related investments and capital markets activity. This page aggregates press releases and third-party coverage related to Annaly, giving investors and observers a single view of the company’s ongoing announcements and disclosures.
According to its public statements, Annaly’s principal business objective is to generate net income for distribution to stockholders and to optimize returns through prudent management of diversified investment strategies across mortgage finance. News items frequently highlight developments in its Agency mortgage-backed securities portfolio, Residential Credit portfolio and mortgage servicing rights (MSR) business, as well as updates from its Onslow Bay residential whole loan securitization platform.
Visitors can expect to find articles on quarterly earnings results, including metrics such as net income, earnings available for distribution, economic return and portfolio composition, as reported in the company’s financial releases. Announcements often cover common and preferred stock dividends, capital raising through at-the-market equity programs, and the issuance of new preferred stock series. Strategic transactions, such as MSR purchases and subservicing relationships with counterparties like PennyMac Financial Services, Inc., are also key themes in Annaly’s news.
In addition, the news feed includes information on conference call schedules and webcasts for quarterly results, corporate governance updates such as executive transitions, and milestones achieved by subsidiaries like Onslow Bay in residential whole loan securitizations. By reviewing this news stream, users can monitor how Annaly manages its mortgage finance strategies, capital base and servicing relationships over time.
Annaly Capital Management has announced preferred stock dividend declarations for the first quarter of 2025. The company declared dividends for three series of preferred stock:
- Series F Preferred Stock: $0.598962 per share at 9.58339% rate
- Series G Preferred Stock: $0.547649 per share at 8.76239% rate
- Series I Preferred Stock: $0.598712 per share at 9.57939% rate
All dividends are payable on March 31, 2025, to shareholders of record as of March 3, 2025. The rates are calculated based on three-month CME Term SOFR plus specific spread adjustments and additional spreads for each series.
Annaly Capital Management (NYSE: NLY) reported its Q4 2024 financial results with GAAP net income of $0.78 per share and earnings available for distribution of $0.72 per share. The company achieved a 1.3% economic return for Q4 and 11.9% for full-year 2024.
The total portfolio reached $80.9 billion, including $70.6 billion in Agency portfolio. The company's Residential Credit portfolio grew 8% quarter-over-quarter to $7.0 billion, while the Mortgage Servicing Rights portfolio increased 17% to $3.3 billion. Net interest margin improved to 0.75%, with financing costs decreasing quarter-over-quarter.
Throughout 2024, Annaly grew its Agency portfolio by nearly $5 billion, increased its Residential Credit portfolio by 17% year-over-year, and expanded its MSR portfolio by 24%. The company maintained a GAAP leverage of 7.1x and raised $1.6 billion through its at-the-market sales program.
Annaly Capital Management (NYSE:NLY) has scheduled the release of its fourth quarter 2024 financial results after market close on Wednesday, January 29, 2025. The company will host a conference call and audio webcast to discuss the results on Thursday, January 30, 2025, at 9:00 a.m. Eastern Time.
Participants can pre-register for the conference call to receive a unique PIN for immediate access through the company's website or the provided registration link. Those who haven't pre-registered can join by dialing the U.S. toll-free number (844-735-3317) or international number (412-317-5703). A replay will be available for one week following the conference call.
Annaly Capital Management (NYSE: NLY) has announced its fourth quarter 2024 dividend payment. The company's Board of Directors has declared a cash dividend of $0.65 per common share. The dividend will be paid on January 31, 2025, to shareholders of record as of December 31, 2024. The ex-dividend date is set for December 31, 2024.
Annaly Capital Management (NYSE: NLY) has announced its upcoming Investor Day scheduled for Thursday, November 21, 2024, from 2:00 PM to 5:00 PM ET. The event will showcase presentations from senior management on their housing finance strategy and feature a panel discussion on political landscape and market implications with Mark Zandi (Moody's Analytics) and Jim Parrott (Urban Institute).
CEO David Finkelstein highlighted the company's strategic evolution as the leading residential mortgage REIT, emphasizing their focus on expanding housing finance capabilities with synergies, prudent leverage, and liquidity. The event will be webcast live, with presentation materials available on the company website, and includes a Q&A session for participants.
Annaly Capital Management has declared preferred stock dividends for Q4 2024 across three series. The Series F Preferred Stock will pay $0.616143 per share at a 9.85828% rate, Series G Preferred Stock will pay $0.577382 per share at a 9.03728% rate, and Series I Preferred Stock will pay $0.629579 per share at a 9.85428% rate. All dividends will be paid on December 31, 2024, to shareholders of record as of December 2, 2024.
Annaly Capital Management (NYSE: NLY) reported its Q3 2024 financial results, achieving a GAAP net income of $0.05 per common share and earnings available for distribution of $0.66 per share. The company delivered a 4.9% economic return in Q3 and 10.5% year-to-date. The total portfolio reached $81.8 billion, including $72.5 billion in Agency portfolio. Book value per common share increased to $19.54, while GAAP leverage decreased to 6.9x from 7.1x. The company declared a quarterly dividend of $0.65 per share and raised $1.2 billion in accretive common equity.
Annaly Capital Management, Inc. (NYSE:NLY) has announced the dates for its Third Quarter 2024 Financial Results release and conference call. The company will release its financial results for the quarter ended September 30, 2024 after market close on Wednesday, October 23, 2024. A conference call and audio webcast to discuss the results will be held on Thursday, October 24, 2024 at 9:00 a.m. Eastern Time.
Participants are encouraged to pre-register for the conference call to receive a unique PIN for immediate access. Pre-registration can be completed through the company's website or a provided link. Those who haven't pre-registered can join by dialing the provided numbers on the day of the event. A replay of the call will be available for one week following the conference.
Rocket Mortgage and Annaly Capital Management, Inc. (NYSE: NLY) have entered into a strategic subservicing agreement. Under this relationship, Rocket will manage servicing and recapture activities for a portion of Annaly's mortgage servicing rights (MSR). Rocket Mortgage, known for its award-winning client experience, has ranked highest in J.D. Power's mortgage servicer study for 10 years.
Rocket's servicing portfolio includes $534.6 billion or 2.6 million loans as of June 30, 2024. The company's AI-driven tools have improved client satisfaction and operational efficiency. Annaly, with nearly $75 billion in assets, has a high-quality MSR portfolio of approximately 608,000 loans, totaling $192 billion in unpaid principal balance. Rocket is expected to begin servicing loans for Annaly as early as December 2024.
Annaly Capital Management (NYSE: NLY) has announced its third quarter 2024 common stock dividend. The Board of Directors declared a cash dividend of $0.65 per common share, maintaining the company's commitment to shareholder returns. This dividend will be payable on October 31, 2024, to shareholders of record as of September 30, 2024. The ex-dividend date is also set for September 30, 2024. This announcement demonstrates Annaly's continued focus on providing regular income to its investors, which is particularly significant for a real estate investment trust (REIT) like Annaly.
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