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Annaly Capital Management, Inc.
Previous close
$19.78
Day range
$19.75 - $19.95
Year range
$17.23 - $21.11
Market cap
11.05B USD
Avg Volume
5.57M
Primary exchange
NYSE
Financials
Income Statement
Revenue
Net income
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Revenue | 133.12M | 126.25% |
Operating expense | 43.92M | 10.05% |
Net income | 66.44M | 111.82% |
Net profit margin | 49.91 | -54.98% |
Earnings per share | 0.66 | 0.00% |
EBITDA | — | — |
Effective tax rate | -8.05% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 383.29M | -58.54% |
Total assets | 101.52B | 13.24% |
Total liabilities | 88.98B | 12.67% |
Total equity | 12.54B | — |
Shares outstanding | 560.55M | — |
Price to book | 1.01 | — |
Return on assets | 0.34% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Net income | 66.44M | 111.82% |
Cash from operations | -1.67B | -189.40% |
Cash from investing | -4.43B | 17.56% |
Cash from financing | 6.07B | 73.30% |
Net change in cash | -26.95M | -734.09% |
Free cash flow | — | — |
About
Annaly Capital Management, Inc. is one of the largest mortgage real estate investment trusts. It is organized in Maryland with its principal office in New York City.
The company borrows money, primarily via short term repurchase agreements, and reinvests the proceeds in asset-backed securities. As of December 31, 2023, 88% of the company's assets were mortgage-backed securities issued by either Fannie Mae or Freddie Mac. The company generates profits from the net interest spread between the interest earned from its assets and its borrowing costs, which is amplified from the use of leverage. As of December 31, 2019, the company had a GAAP leverage ratio of 6.8:1.
As of December 31, 2023, the weighted average days to maturity of its repurchase agreements was 44 days.
The company is ranked 857th on the Fortune 1000.
The company is named after Annaly, Ireland, which was ruled by the ancestors of the company's founder. Wikipedia
Founded
1997
Website
Employees
187
