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.
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Annaly Capital Management reported its financial results for Q1 2023, highlighting a GAAP net loss of ($1.79) per share and earnings available for distribution of $0.81 per share. The company achieved an economic return of 3.0% and a book value per share of $20.77. GAAP leverage decreased to 5.9x, while economic leverage rose to 6.4x. Annaly declared a cash dividend of $0.65 per share, despite a significant decline in annualized GAAP return on equity, now at (28.8%). Total assets were reported at $85.5 billion, with notable advances in the Residential Credit Group. Although the company navigated market volatility effectively, it faced challenges, including an average GAAP cost of interest-bearing liabilities increasing to 4.52%. CEO David Finkelstein expressed confidence in Annaly's positioning to capitalize on future opportunities.
Annaly Capital Management (NYSE:NLY) has announced it will release its financial results for the quarter ending March 31, 2023, after market close on April 26, 2023. Following the results, a conference call will be held on April 27, 2023, at 9:00 a.m. Eastern Time. Participants are encouraged to pre-register for the call to receive a unique access PIN. For those who do not pre-register, they can still join the call by dialing in on the event day. A playback of the call will be available for a week after the event. Annaly focuses on generating net income for its shareholders through diversified capital management in mortgage finance, operating as a real estate investment trust (REIT).