(NLY) Annaly Capital Management - Ratings and Ratios
Mortgage Backed Securities, Residential Loans, Commercial Mortgage
NLY EPS (Earnings per Share)
NLY Revenue
Description: NLY Annaly Capital Management
Annaly Capital Management, Inc. (NYSE:NLY) is a diversified capital manager operating in the mortgage finance business, investing in a range of mortgage-backed securities, residential and commercial mortgage loans, and other related financial instruments. As a Real Estate Investment Trust (REIT), it benefits from a tax-exempt status provided it distributes its taxable income to shareholders.
To evaluate the performance of NLY, key metrics to consider include its dividend yield, which is crucial for income-focused investors. Given its REIT status, NLY is expected to distribute a significant portion of its income, making dividend yield an important KPI. Additionally, the companys book value per share is another critical metric, as it reflects the underlying value of its assets. The Net Interest Spread, which measures the difference between the yield on its investments and the cost of its borrowings, is also vital in assessing its profitability.
Further analysis involves examining NLYs leverage ratio, which indicates its level of indebtedness and potential vulnerability to market fluctuations. The companys asset quality, including the delinquency rates of its mortgage-backed securities and loan portfolios, is also essential in understanding its risk profile. Furthermore, the interest rate sensitivity of NLYs portfolio, given its investments in mortgage-backed securities, is a critical factor in evaluating its potential performance in different interest rate environments.
From a valuation perspective, metrics such as Price-to-Book (P/B) ratio and the dividend payout ratio can offer insights into whether NLY is trading at a reasonable valuation relative to its peers and its own historical norms. The companys return on equity (RoE) of 5.39% indicates its profitability relative to shareholder equity, suggesting there is room for improvement or comparison with industry averages.
NLY Stock Overview
| Market Cap in USD | 13,606m |
| Sub-Industry | Mortgage REITs |
| IPO / Inception | 1997-10-08 |
NLY Stock Ratings
| Growth Rating | 37.2% |
| Fundamental | 68.0% |
| Dividend Rating | 44.6% |
| Return 12m vs S&P 500 | 3.78% |
| Analyst Rating | 4.0 of 5 |
NLY Dividends
| Dividend Yield 12m | 13.73% |
| Yield on Cost 5y | 17.60% |
| Annual Growth 5y | -6.51% |
| Payout Consistency | 85.0% |
| Payout Ratio | 95.4% |
NLY Growth Ratios
| Growth Correlation 3m | 95.5% |
| Growth Correlation 12m | 70.1% |
| Growth Correlation 5y | -9.9% |
| CAGR 5y | 6.70% |
| CAGR/Max DD 5y | 0.13 |
| Sharpe Ratio 12m | 1.57 |
| Alpha | 11.65 |
| Beta | 0.462 |
| Volatility | 19.90% |
| Current Volume | 4996.8k |
| Average Volume 20d | 5947.4k |
| Stop Loss | 20.5 (-3.3%) |
| Signal | 2.51 |
Piotroski VR‑10 (Strict, 0-10) 2.0
| Net Income (729.8m TTM) > 0 and > 6% of Revenue (6% = 182.4m TTM) |
| FCFTA 0.01 (>2.0%) and ΔFCFTA -3.54pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -2168 % (prev -2743 %; Δ 575.2pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.01 (>3.0%) and CFO 1.00b > Net Income 729.8m (YES >=105%, WARN >=100%) |
| Net Debt (-2.06b) to EBITDA (5.36b) ratio: -0.38 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.04 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (621.1m) change vs 12m ago 23.98% (target <= -2.0% for YES) |
| Gross Margin 25.48% (prev 98.93%; Δ -73.45pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 2.95% (prev 2.42%; Δ 0.54pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 1.16 (EBITDA TTM 5.36b / Interest Expense TTM 4.61b) >= 6 (WARN >= 3) |
Altman Z'' -4.07
| (A) -0.59 = (Total Current Assets 2.89b - Total Current Liabilities 68.79b) / Total Assets 112.14b |
| (B) -0.12 = Retained Earnings (Balance) -13.94b / Total Assets 112.14b |
| (C) 0.05 = EBIT TTM 5.36b / Avg Total Assets 102.91b |
| (D) -0.15 = Book Value of Equity -14.68b / Total Liabilities 98.67b |
| Total Rating: -4.07 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 68.00
| 1. Piotroski 2.0pt = -3.0 |
| 2. FCF Yield 0.53% = 0.27 |
| 3. FCF Margin 18.83% = 4.71 |
| 4. Debt/Equity 7.16 = -2.50 |
| 5. Debt/Ebitda 17.85 = -2.50 |
| 6. ROIC - WACC 13.35% = 12.50 |
| 7. RoE 5.68% = 0.47 |
| 8. Rev. Trend 52.55% = 2.63 |
| 9. Rev. CAGR 10.15% = 1.27 |
| 10. EPS Trend 66.29% = 1.66 |
| 11. EPS CAGR 31.97% = 2.50 |
What is the price of NLY shares?
Over the past week, the price has changed by +0.28%, over one month by +1.78%, over three months by +14.61% and over the past year by +21.39%.
Is Annaly Capital Management a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of NLY is around 22.78 USD . This means that NLY is currently overvalued and has a potential downside of 7.5%.
Is NLY a buy, sell or hold?
- Strong Buy: 5
- Buy: 4
- Hold: 5
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the NLY price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 20.9 | -1.2% |
| Analysts Target Price | 20.9 | -1.2% |
| ValueRay Target Price | 24 | 13.4% |
Last update: 2025-08-30 04:51
NLY Fundamental Data Overview
CCE Cash And Equivalents = 2.06b USD (last quarter)
P/E Trailing = 20.375
P/E Forward = 7.2886
P/S = 12.6984
P/B = 1.1378
P/EG = -3.61
Beta = 1.263
Revenue TTM = 3.04b USD
EBIT TTM = 5.36b USD
EBITDA TTM = 5.36b USD
Long Term Debt = 26.69b USD (from longTermDebt, last quarter)
Short Term Debt = 69.07b USD (from shortTermDebt, last quarter)
Debt = 95.76b USD (Calculated: Short Term 69.07b + Long Term 26.69b)
Net Debt = -2.06b USD (from netDebt column, last quarter)
Enterprise Value = 107.31b USD (13.61b + Debt 95.76b - CCE 2.06b)
Interest Coverage Ratio = 1.16 (Ebit TTM 5.36b / Interest Expense TTM 4.61b)
FCF Yield = 0.53% (FCF TTM 572.5m / Enterprise Value 107.31b)
FCF Margin = 18.83% (FCF TTM 572.5m / Revenue TTM 3.04b)
Net Margin = 24.01% (Net Income TTM 729.8m / Revenue TTM 3.04b)
Gross Margin = 25.48% ((Revenue TTM 3.04b - Cost of Revenue TTM 2.27b) / Revenue TTM)
Tobins Q-Ratio = -7.31 (set to none) (Enterprise Value 107.31b / Book Value Of Equity -14.68b)
Interest Expense / Debt = 1.20% (Interest Expense 1.15b / Debt 95.76b)
Taxrate = 1.49% (from yearly Income Tax Expense: 15.3m / 1.03b)
NOPAT = 5.28b (EBIT 5.36b * (1 - 1.49%))
Current Ratio = 0.04 (Total Current Assets 2.89b / Total Current Liabilities 68.79b)
Debt / Equity = 7.16 (Debt 95.76b / last Quarter total Stockholder Equity 13.38b)
Debt / EBITDA = 17.85 (Net Debt -2.06b / EBITDA 5.36b)
Debt / FCF = 167.3 (Debt 95.76b / FCF TTM 572.5m)
Total Stockholder Equity = 12.86b (last 4 quarters mean)
RoA = 0.65% (Net Income 729.8m, Total Assets 112.14b )
RoE = 5.68% (Net Income TTM 729.8m / Total Stockholder Equity 12.86b)
RoCE = 13.55% (Ebit 5.36b / (Equity 12.86b + L.T.Debt 26.69b))
RoIC = 15.34% (NOPAT 5.28b / Invested Capital 34.41b)
WACC = 1.99% (E(13.61b)/V(109.36b) * Re(7.72%)) + (D(95.76b)/V(109.36b) * Rd(1.20%) * (1-Tc(0.01)))
Shares Correlation 5-Years: 100.0 | Cagr: 14.30%
Discount Rate = 7.72% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[DCF Debug] Terminal Value 70.46% ; FCFE base≈1.86b ; Y1≈1.22b ; Y5≈558.3m
Fair Price DCF = 17.09 (DCF Value 10.97b / Shares Outstanding 642.1m; 5y FCF grow -40.0% → 3.0% )
Revenue Correlation: 52.55 | Revenue CAGR: 10.15%
Rev Growth-of-Growth: -59.23
EPS Correlation: 66.29 | EPS CAGR: 31.97%
EPS Growth-of-Growth: 55.45
Additional Sources for NLY Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle