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|
Type
|
Public company |
|---|---|
| Traded as | NYSE: NLY |
| Industry | Real estate investment trust |
| Founded | February 18, 1997 (February 18, 1997) |
| Founder | Michael A.J. Farrell |
| Headquarters | 1211 Avenue of the Americas New York City, New York |
|
Key people
|
Wellington J. Denahan, Chairman Kevin Keyes, CEO |
| Revenue |  $2.210 billion (2016) |
|
Net income
|
$1.432 billion (2016) |
| Total assets | $87.905 billion (2016) |
| Total equity | $12.575 billion (2016) |
|
Number of employees
|
41, plus 148 employees of the manager |
| Website | annaly |
Annaly Capital Management is one of the largest mortgage real estate investment trusts.
The company borrows money, primarily via short term repurchase agreements, and reinvests the proceeds in asset-backed securities. As of December 31, 2016, 80% 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, 2016, the company had a debt-to-equity ratio of 5.8.
As of December 31, 2016, the weighted average days to maturity of its repurchase agreements was 96 days.
The company is externally managed by Annaly Management Company LLC, which owned by executives of Annaly Capital Management, and pays an annual fee of 1.05% of equity for management services.
The company is ranked #853 on the Fortune 500.
The name of the company came from the name of the area in Ireland that was ruled by the ancestors of the company's founder.
Annaly Capital Management was founded in 1997 by Michael A.J. Farrell, after 26 years working for investment banks including E.F. Hutton & Co., Morgan Stanley and Merrill Lynch.
In 2004, the company acquired Fixed Income Discount Advisory, an investment adviser, for $40.5 million in stock.
In 2012, the founder, Michael Farrell, died after battling cancer.
In 2013, the company acquired CreXus Investment for $996 million.
Effective September 30, 2015, Kevin Keyes was named CEO of the company.
In 2016, the company acquired Hatteras Financial for $1.5 billion in cash and stock.
In 2017, the company sold its Pingora servicing subsidiary.
| Period | Date | Adjusted Actuals EPS | GAAP EPS |
|---|---|---|---|
| Q3 2022 | 2022-10-25 | Future report Set alerts | |
| Q2 2022 | 2022-07-27 | 0.30 | 0.30 |
| Q1 2022 | 2022-04-27 | 0.28 | 0.28 |
| Q4 2021 | 2022-02-09 | 0.28 | 0.28 |
| Q3 2021 | 2021-10-27 | 0.28 | 0.28 |
| Q2 2021 | 2021-07-28 | 0.30 | 0.30 |
| Q1 2021 | 2021-04-28 | 0.29 | 0.29 |
| Q4 2020 | 2021-02-10 | 0.30 | 0.30 |
| Q3 2020 | 2020-10-28 | 0.32 | 0.32 |
| Q2 2020 | 2020-07-29 | 0.27 | 0.27 |
| 2016-06-15 | Downgrade | Compass Point | Neutral to Sell | $10.50 |
| 2016-05-06 | Reiterated Rating | FBR & Co. | Buy | $12.00 |
| 2016-05-06 | Reiterated Rating | FBR & Co | Buy | $12.00 |
| 2016-04-13 | Reiterated Rating | Deutsche Bank | Hold | |
| 2016-04-13 | Reiterated Rating | Deutsche Bank AG | Hold | |
| 2016-03-14 | Downgrade | Compass Point | Buy to Neutral | |
| 2016-03-02 | Boost Price Target | JPMorgan Chase & Co. | Neutral | $9.00 to $10.50 |
| 2016-02-28 | Reiterated Rating | FBR & Co. | Buy | |
| 2016-02-25 | Reiterated Rating | Deutsche Bank | Hold | $10.75 to $10.50 |
| 2016-02-23 | Upgrade | FBR & Co. | Market Perform to Outperform | $11.00 to $12.00 |
| 2016-01-15 | Downgrade | Wells Fargo | Outperform to Market Perform | |
| 2016-01-15 | Downgrade | Wells Fargo & Co. | Outperform to Market Perform | |
| 2015-12-03 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $12.00 to $11.50 |
| 2015-12-03 | Reiterated Rating | Credit Suisse | Neutral | $11.50 to $11.00 |
| 2015-12-03 | Reiterated Rating | Credit Suisse Group AG | Neutral | $11.50 to $11.00 |
| 2015-10-09 | Upgrade | Bank of America | Underperform to Neutral | $8.50 to $10.50 |
| 2015-10-09 | Upgrade | FBR & Co. | Underperform to Market Perform | $10.00 to $11.00 |
| 2015-10-09 | Upgrade | Bank of America Corp. | Underperform to Neutral | $8.50 to $10.50 |
| 2015-08-16 | Reiterated Rating | Keefe, Bruyette & Woods | Hold | |
| 2015-08-14 | Lower Price Target | Keefe, Bruyette & Woods | Market Perform | $11.50 to $11.00 |
| 2015-08-13 | Upgrade | Compass Point | Neutral to Buy | $11.00 |
| 2015-08-13 | Boost Price Target | Nomura | $12.00 | |
| 2015-08-13 | Boost Price Target | Nomura Holdings Inc. | $12.00 | |
| 2015-08-12 | Upgrade | Nomura | Neutral to Buy | |
| 2015-08-10 | Reiterated Rating | Deutsche Bank | Hold | $11.50 to $11.00 |
| 2015-08-07 | Lower Price Target | Barclays | Equal Weight | $12.00 to $10.00 |
| 2015-08-07 | Lower Price Target | Barclays PLC | Equal Weight | $12.00 to $10.00 |
| 2015-08-06 | Boost Price Target | FBR & Co. | Underperform | $9.50 to $10.00 |
| 2015-07-07 | Upgrade | Wells Fargo & Co. | Market Perform to Outperform | |
| 2015-07-07 | Upgrade | Wells Fargo | Market Perform to Outperform | |
| 2015-06-05 | Reiterated Rating | Citigroup Inc. | Neutral | $11.00 |
| 2015-05-09 | Downgrade | FBR & Co. | Underperform | $10.00 to $9.50 |
| 2015-05-08 | Lower Price Target | Keefe, Bruyette & Woods | Market Perform | $12.00 to $11.50 |
| 2015-04-08 | Downgrade | FBR & Co. | Market Perform to Underperform | $12.00 to $10.00 |
| 2015-02-26 | Boost Price Target | Keefe, Bruyette & Woods | Market Perform | $12.00 to $13.00 |
| 2015-02-02 | Lower Price Target | JPMorgan Chase & Co. | Neutral | $12.00 to $11.50 |
| 2015-01-30 | Initiated Coverage | Nomura | Neutral | $10.00 |
| 2015-01-12 | Downgrade | Wells Fargo & Co. | Outperform to Market Perform | |
| 2015-01-12 | Downgrade | Wells Fargo | Outperform to Market Perform | |
| 2014-09-12 | Reiterated Rating | Citigroup Inc. | Neutral | $10.00 to $11.00 |
| 2014-08-08 | Reiterated Rating | Keefe, Bruyette & Woods | Market Perform | $12.25 to $13.00 |
| 2014-08-07 | Reiterated Rating | Compass Point | Neutral | $12.00 |
| 2014-08-07 | Upgrade | Sterne Agee CRT | Neutral to Buy | $10.25 to $12.75 |
| 2014-06-12 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $11.50 to $12.00 |
| 2014-05-08 | Upgrade | Portales Partners | Sector Perform to Outperform | |
| 2014-05-08 | Reiterated Rating | Bank of America | Underperform | $8.50 to $10.00 |
| 2014-04-16 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $11.50 |
| 2014-03-24 | Downgrade | Compass Point | Buy to Neutral | |
| 2014-03-10 | Boost Price Target | FBR & Co. | Market Perform | $11.00 to $11.50 |
| 2014-02-27 | Lower Price Target | Jefferies Group | Hold | $12.00 to $11.00 |
| 2013-12-05 | Initiated Coverage | Goldman Sachs | Sell | $9.50 |
| 2013-11-12 | Lower Price Target | Wunderlich | Hold | $12.50 to $11.50 |
| 2013-11-12 | Reiterated Rating | FBR & Co. | Hold | $12.50 to $11.50 |
| 2013-11-12 | Reiterated Rating | Citigroup Inc. | Neutral | $12.00 to $10.00 |
| 2013-11-07 | Lower Price Target | Keefe, Bruyette & Woods | $13.00 to $12.00 | |
| 2013-09-27 | Reiterated Rating | Jefferies Group | Hold | $12.00 |
| 2012-11-13 | Reiterated | FBR Capital | Underperform | $16 to $13.50 |
| 2012-10-17 | Upgrade | Compass Point | Neutral to Buy | $17 |
| 2012-10-17 | Reiterated | Wunderlich | Hold | $14.50 to $16 |
| 2012-06-15 | Downgrade | Compass Point | Buy to Neutral | $17 to $17 |
| 2012-04-09 | Upgrade | Compass Point | Neutral to Buy | $17 to $17 |
| 2012-02-08 | Downgrade | FBR Capital | Outperform to Mkt Perform | $17.50 to $16 |
| 2011-11-03 | Downgrade | Ladenburg Thalmann | Buy to Neutral | |
| 2011-09-23 | Initiated | UBS | Neutral | $17 |
| 2016-06-15 | Downgrade | Compass Point | Neutral to Sell | $10.50 |
| 2016-05-06 | Reiterated Rating | FBR & Co. | Buy | $12.00 |
| 2016-05-06 | Reiterated Rating | FBR & Co | Buy | $12.00 |
| 2016-04-13 | Reiterated Rating | Deutsche Bank | Hold | |
| 2016-04-13 | Reiterated Rating | Deutsche Bank AG | Hold |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In NLY 389 funds of 2213 total. Show all
| Fund name | Ticker shares |
|---|---|
| BlackRock Inc. | 53.39M |
| BlackRock Fund Advisors | 50.26M |
| Vanguard Group, Inc | 41.07M |
| BlackRock Institutional Trust Company, N.A. | 28.42M |
| GOLDMAN SACHS GROUP INC | 14.87M |
| STATE STREET CORP | 14.26M |
| BANK OF AMERICA CORP /DE/ | 11.84M |
| Marshall Wace LLP | 9.35M |
| BlackRock Group LTD | 8.76M |
| GEODE CAPITAL MANAGEMENT, LLC | 6.63M |
| EDGE ASSET MANAGEMENT, INC | 5.72M |
| EQUITY INVESTMENT CORP/GA | 5.37M |
| NORTHERN TRUST CORP | 4.56M |
| LSV ASSET MANAGEMENT | 4.11M |
| LEGAL & GENERAL GROUP PLC | 3.93M |
| Name Relationship | Total Shares | Holding stocks |
|---|---|---|
| FARRELL MICHAEL A J Pres., Chairman of Board & CEO | 0.29% (2706392) | NLY / |
| DENAHAN WELLINGTON Vice Chairman of Board & CIO | 0.19% (1798414) | NLY / |
| KEYES KEVIN Chf. Strat. Off, Head Cap. Mkt | 0.10% (984778) | NLY / |
| Finkelstein David L Chief Investment Officer | 0.03% (300000) | NLY / |
| FAGAN KATHRYN CHIEF FINANCIAL OFFICER | 0.03% (290482) | NLY / |
| Konrad Kristopher Robert MD & Co-Head of Port Mgmt | 0.02% (213035) | NLY / |
| Lyght Rose-Marie MD, Co-Head Port Mgmt | 0.02% (163011) | NLY / |
| FORTESCUE JAMES MD and Head of Liabilities | 0.02% (160261) | NLY / |
| Kazel Ronald Daniel Managing Director | 0.02% (156938) | NLY / |
| Diamond Jeremy Managing Director | 0.01% (91989) | CIM / NLY / |
| VOTEK GLENN Chief Financial Officer | 0.01% (91044) | NLY / |
| SCHAEFER JOHN H | 0.01% (62742) | NLY / |
| LAMBIASE JOHN | 0.01% (58062) | NLY / |
| BRADY KEVIN | 0.01% (48750) | NLY / |
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