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Annaly Capital Reports Strong Economic Return in 2024

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Annaly Capital Reports Strong Economic Return in 2024

Annaly Capital ( (NLY) ) has shared an update.

In its Fourth Quarter 2024 earnings release, Annaly Capital Management reported an economic return of approximately 12% for the year, with earnings exceeding dividends. The company maintained strong leverage and liquidity, with a total portfolio value of $80.9 billion, primarily in Agency MBS and residential credit. Annaly’s strategic focus on high-coupon securities and expansion in financing capacity has bolstered its position as a leading issuer of Prime Jumbo and Expanded Credit MBS, reflecting robust performance across its diversified investment strategies.

More about Annaly Capital

Annaly Capital Management, Inc. is a publicly traded company operating as a real estate investment trust (REIT) focused on housing finance. It primarily deals with mortgage-backed securities (MBS) and is involved in residential credit and mortgage servicing rights, positioning itself as a significant player in the non-bank sector for these services.

YTD Price Performance: 8.27%

Average Trading Volume: 6,595,372

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $11.15B

Find detailed analytics on NLY stock on TipRanks’ Stock Analysis page.

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