Annaly is a leading diversified capital manager that invests in and finances residential and commercial assets. Annaly's principal business objective is to generate net income for distribution to its stockholders and to optimize its returns through prudent management of its diversified investment strategies. Annaly is internally managed and has elected to be taxed as a real estate investment trust, or REIT, for federal income tax purposes.
Company profile
Ticker
NLY, NLY-PF, NLY-PG, NLY-PI
Exchange
Website
CEO
Kevin Keyes
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ANNALY MORTGAGE MANAGEMENT INC
SEC CIK
Corporate docs
Subsidiaries
Annaly Middle Market Lending LLC • Annaly TRS, Inc. • Arcola Securities, Inc. • Onslow Bay Financial LLC ...
IRS number
223479661
NLY stock data
Analyst ratings and price targets
Latest filings (excl ownership)
PRE 14A
Preliminary proxy
24 Mar 23
8-K
Annaly Capital Management, Inc. Expands Board with Election of Martin Laguerre
15 Mar 23
8-K
Annaly Capital Management, Inc. Announces 1st Quarter 2023 Common Stock Dividend of $0.65 per Share
14 Mar 23
8-K
Departure of Directors or Certain Officers
22 Feb 23
10-K
2022 FY
Annual report
16 Feb 23
8-K
Regulation FD Disclosure
8 Feb 23
8-K
Other Events
8 Feb 23
8-K
ANNALY CAPITAL MANAGEMENT, INC. REPORTS 4th QUARTER 2022 RESULTS
8 Feb 23
8-K
Annaly Capital Management, Inc. Announces Steven F. Campbell Appointed as President
15 Dec 22
8-K
Amendments to Articles of Incorporation or Bylaws
9 Dec 22
Transcripts
NLY
Earnings call transcript
2022 Q4
9 Feb 23
NLY
Earnings call transcript
2022 Q3
27 Oct 22
NLY
Earnings call transcript
2022 Q2
28 Jul 22
NLY
Earnings call transcript
2022 Q1
28 Apr 22
NLY
Earnings call transcript
2021 Q4
10 Feb 22
NLY
Earnings call transcript
2021 Q3
28 Oct 21
NLY
Earnings call transcript
2021 Q2
29 Jul 21
NLY
Earnings call transcript
2021 Q1
29 Apr 21
NLY
Earnings call transcript
2020 Q4
11 Feb 21
NLY
Earnings call transcript
2020 Q3
29 Oct 20
Latest ownership filings
3
Martin Laguerre
15 Mar 23
4
David L Finkelstein
9 Mar 23
SC 13G/A
VANGUARD GROUP INC
9 Feb 23
4
Anthony C Green
2 Feb 23
4
Steven Francis Campbell
2 Feb 23
4
Serena Wolfe
2 Feb 23
4
David L Finkelstein
2 Feb 23
4
David L Finkelstein
31 Jan 23
4
Steven Francis Campbell
31 Jan 23
4
Anthony C Green
31 Jan 23
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 1.58 bn | 1.58 bn | 1.58 bn | 1.58 bn | 1.58 bn | 1.58 bn |
| Cash burn (monthly) | (no burn) | (no burn) | 295.63 mm | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | n/a | 879.90 mm | n/a | n/a | n/a |
| Cash remaining | n/a | n/a | 696.81 mm | n/a | n/a | n/a |
| Runway (months of cash) | n/a | n/a | 2.4 | n/a | n/a | n/a |
Institutional ownership, Q4 2022
49.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 543 |
| Opened positions | 120 |
| Closed positions | 89 |
| Increased positions | 207 |
| Reduced positions | 154 |
| 13F shares | Current |
|---|---|
| Total value | 5.12 tn |
| Total shares | 242.06 mm |
| Total puts | 10.21 mm |
| Total calls | 8.13 mm |
| Total put/call ratio | 1.3 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 54.34 mm | $1.15 tn |
| Vanguard | 44.82 mm | $944.83 bn |
| STT State Street | 15.51 mm | $340.30 bn |
| Allspring Global Investments | 14.49 mm | $305.39 bn |
| Marshall Wace | 8.38 mm | $176.58 bn |
| Geode Capital Management | 7.33 mm | $155.50 bn |
| NTRS Northern Trust | 4.93 mm | $104.00 bn |
| BK Bank Of New York Mellon | 4.45 mm | $93.71 bn |
| LGEN Legal & General | 4.13 mm | $87.15 bn |
| LSV Asset Management | 4.03 mm | $85.52 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 8 Mar 23 | Finkelstein David L | Common Stock | Payment of exercise | Dispose F | No | No | 20.37 | 103,374 | 2.11 mm | 605,809 |
| 8 Mar 23 | Finkelstein David L | Common Stock | Grant | Acquire A | No | No | 0 | 186,934 | 0.00 | 709,183 |
| 1 Feb 23 | Finkelstein David L | Common Stock | Grant | Acquire A | No | No | 0 | 145,500 | 0.00 | 522,249 |
| 1 Feb 23 | Finkelstein David L | Common Stock | Payment of exercise | Dispose F | No | No | 24 | 24,812 | 595.49 k | 376,749 |
| 1 Feb 23 | Finkelstein David L | Common Stock | Option exercise | Acquire M | No | No | 0 | 6,186 | 0.00 | 401,561 |
| 1 Feb 23 | Wolfe Serena | Common Stock | Grant | Acquire A | No | No | 0 | 37,109 | 0.00 | 58,966 |
| 1 Feb 23 | Wolfe Serena | Common Stock | Payment of exercise | Dispose F | No | No | 24 | 2,345 | 56.28 k | 21,857 |
| 1 Feb 23 | Wolfe Serena | Common Stock | Option exercise | Acquire M | No | No | 0 | 634 | 0.00 | 24,202 |
| 1 Feb 23 | Green Anthony C | Common Stock | Grant | Acquire A | No | No | 0 | 37,109 | 0.00 | 131,753 |
| 1 Feb 23 | Green Anthony C | Common Stock | Payment of exercise | Dispose F | No | No | 24 | 5,863 | 140.71 k | 94,644 |
Press releases
Annaly Capital Management, Inc. Expands Board with Election of Martin Laguerre
15 Mar 23
Annaly Capital Management, Inc. Announces 1st Quarter 2023 Common Stock Dividend of $0.65 per Share
14 Mar 23
Annaly Co-Founder Wellington J. Denahan to Retire from the Board after More than 25 Years
22 Feb 23
Annaly Capital Management, Inc. Announces Preferred Dividends
15 Feb 23
Annaly Capital Management, Inc. Reports 4th Quarter 2022 Results
8 Feb 23