Annaly Capital Management, Inc.

Last price update: 23 Apr 24 22:54 GMT

Price:
$25.03
Open:
$24.87
Previous close:
$24.90
Day's range:
$24.87 - $25.03
Year's range:
$22.39 - $25.69
Net Income per Share:
1.77
Price-to-Earnings ratio:
14.16
52-week Price Range:
$25.11
Volume:
$9,871.00
Average volume:
$24,997.00

Company profile for Annaly Capital Management, Inc.

Annaly Capital Management, Inc. logo

Annaly Capital Management, Inc. is a publicly traded firm that engages in the acquisition and management of mortgage-related and other investments in the United States. Founded in 1996 and headquartered in New York, N.Y., Annaly Capital Management, Inc., is a diversified capital manager that has become one of the largest and most successful mortgage REITs in the country.

Annaly employs a variety of strategies to earn income from mortgage-related and other investments and manage its assets. Their strategies range from investing in agency mortgage-backed securities, mortgage servicing rights, Agency commercial mortgage-backed securities, non-Agency residential mortgage assets, residential mortgage loans, credit risk transfer securities, corporate debts, and other commercial real estate investments. The company has elected to be taxed as a real estate investment trust (REIT), which means that it is not subject to federal income tax on the condition that the company redistributes its taxable income to its shareholders.

Annaly maximizes returns for its shareholders through its core business and through its capital enhancement initiatives. These initiatives include acquisition of, and investments in, distressed residential mortgages and related assets from banks, servicers, and other investors as well as the establishment of joint ventures and strategic partnerships. The company also actively manages investments in different areas of the mortgage market, such as interest rate swaps, securitized and bespoke derivative instruments.

The company has achieved immense success since its establishment and has been awarded numerous rankings and recognitions. In 2013, the company was included in Fortune Magazine’s list of ‘50 Fastest Growing Companies’, and in 2016 and 2017, the company was named to the Forbes list of ‘America’s Best Large Employers’. In addition, Annaly has received a number of awards for its financial reporting and leadership, including the 2019 Silver Award for ‘Best Financial Reporting’ from the National Association of Corporate Directors, as well as the 2019 Institutional Investor Award for ‘Best Real Estate Investment Management Firm’.

Stock exchanges:
NYSE
Sector:
Real Estate
Industries:
REIT
Ticker:
NLY-PG
CIK:
1043219
ISIN:
US0357108622
Website:
https://www.annaly.com
Phone:
212 696 0100
Origin:
United States
Employees:
171