NLY▲
Annaly Capital Management Shares Rise 5.9% Since Q2 Earnings Beat
Annaly Capital Management shares have gained 5.9% since the company reported second-quarter 2026 earnings about a month ago, outperforming the S&P 500. The company posted earnings available for distribution of 79 cents per share, beating the Zacks Consensus Estimate of 75 cents and up from 73 cents a year earlier. Net interest income was $488.2 million, below the consensus estimate by 4.1% but up from $273.2 million in the prior-year quarter. Book value per common share rose to $20.15 as of June 30, 2026, from $18.45 a year earlier, and the company increased its quarterly common dividend to 75 cents per share from 70 cents. Annaly also raised $447 million through its at-the-market sales program during the quarter and increased its hedge ratio to 97% from 87% in the prior quarter.
Zacks Investment Research·6dRead more ▾
NLY▲
Fed Holds Rates Flat 231 Days While Mortgage Rates Climb
The Federal Reserve has held its benchmark rate at 3.75% for 231 consecutive days, yet 30-year mortgage rates have risen from 5.98% in late February to 6.67% on the Freddie Mac survey for the week ending August 13, 2026. The 10-year Treasury yield, which drives mortgage pricing, sits at 4.72% in the 98.8th percentile of its 12-month range, while the 30-year touched 5.323% on Tuesday, a 19-year high. D.R. Horton's Q3 FY2026 net income fell 12% to $904.9 million, its cancellation rate climbed to 20% from 17% a year earlier, and management trimmed FY revenue guidance to $32.5 to $33.0 billion. loanDepot's stock is down 58.55% year to date at $0.86, while Annaly Capital Management rose 11.74% as its net interest spread widened to 1.16% from 0.66% year over year. PNC Financial Services jumped 24.69% year to date after repositioning its securities portfolio to a 4.4% weighted average yield.
Yahoo Finance·7dRead more ▾
Annaly Capital Management second-quarter earnings surge to $781.64 million
Annaly Capital Management reported a sharp increase in second-quarter earnings, with net income rising to $781.64 million, or $1.06 per share, from $19.84 million, or $0.03 per share, in the same period last year. Revenue for the quarter climbed 78.7% to $488.19 million from $273.20 million a year earlier.
RTTNews·36dRead more ▾
NLY▼
Annaly Capital's 13% dividend yield faces pressure if interest rates rise
Annaly Capital Management's dividend yield of 13% could come under pressure if the Federal Reserve raises interest rates. The mortgage REIT reported earnings available for distribution of $0.76 per share in the first quarter of 2026 and paid a dividend of $0.70 per share, a 92% payout ratio. Rising oil prices and persistent inflation may force the Fed to hike rates, which would increase Annaly's short-term borrowing costs while the income from its long-maturity mortgage securities remains fixed. The company recently raised its quarterly dividend to $0.75 per share, potentially tightening dividend coverage further. Annaly's dividend history is highly variable, and investors relying on the payout should exercise caution.
The Motley Fool·42dRead more ▾
Ultra-High-Yield Dividend Stocks Carry Hidden Risks of Cuts
Investors chasing dividend yields of 10% or higher should be aware of the inherent volatility and risk of cuts in stocks like AGNC Investment, Annaly Capital Management, Ares Capital, and Conagra. Mortgage REITs AGNC and Annaly have seen long dividend downtrends and face headwinds from rising rates and Federal Reserve balance-sheet reduction. Business development company Ares Capital makes high-risk loans to smaller firms, with non-accruals rising to 2.1% and a volatile dividend history. Consumer staples company Conagra, the highest-yielding S&P 500 stock at 10%, has tight dividend coverage, elevated leverage, and a new CEO, all of which raise the risk of a cut. The author, who once pursued such ultra-high yields, now prioritizes dividend security and urges investors to understand these risks before buying.
The Motley Fool·59dRead more ▾
NLY
Annaly Capital Management Expected to Post Higher EPS and Revenue
Analysts expect Annaly Capital Management to report higher earnings per share and a substantial revenue increase in its upcoming results compared with the prior year, while Street estimates have held steady with a Zacks Rank of 3, or Hold. The anticipated earnings growth and stable analyst sentiment highlight how investor expectations around income generation and portfolio performance are becoming a key focus for this mortgage REIT. The company recently affirmed a quarterly common dividend of US$0.75 per share, payable on July 31, 2026, underscoring how closely its dividend capacity is tied to maintaining earnings available for distribution. However, the key near-term catalyst remains how effectively Annaly can protect net interest margins, with the main risk being elevated rate volatility and its impact on portfolio returns. Annaly's narrative projects US$2.7 billion in revenue and US$2.3 billion in earnings by 2029, requiring 3.7% yearly revenue growth and an earnings increase of about US$0.4 billion from US$1.9 billion.
Simply Wall St·60dRead more ▾
Kevin Warsh-Led Fed Holds Rates Steady, Signals Near-Term Headwinds for Mortgage REITs AGNC and Annaly Capital
The Federal Reserve under new Chair Kevin Warsh held interest rates steady at 3.5% to 3.75% in his first meeting, signaling a shift from his earlier calls for cuts amid rising inflation concerns. This stance creates near-term headwinds for mortgage REITs like Annaly Capital and AGNC Investment, as rising rates could reduce the tangible net book value of their existing bond-like mortgage securities. However, future investments would benefit from higher yields, and Warsh's plan to shrink the Fed's balance sheet by selling mortgage securities could widen spreads, boosting long-term profitability. Warsh has formed committees to review the Fed's operations, indicating potential structural changes ahead. Both REITs offer dividend yields above 13%, but their volatile payout histories warrant caution.
The Motley Fool·60dRead more ▾
NLY
Annaly Capital Management rises 1.73% while broader market dips
Annaly Capital Management closed at $22.95, up 1.73%, outperforming the S&P 500 which lost 0.05%. The real estate investment trust has gained 4.44% over the past month, beating the Finance sector's 2.3% gain and the S&P 500's 1.42% decline. The company is expected to report earnings per share of $0.74, a 1.37% increase from the same quarter last year, with revenue forecast at $488 million, up 78.62%. For the full year, Zacks Consensus Estimates project earnings of $2.98 per share and revenue of $1.93 billion, representing increases of 2.05% and 69.62% respectively. Annaly Capital Management holds a Zacks Rank of 3, or Hold, with a forward price-to-earnings ratio of 7.58, below the industry average of 8.69.
Zacks Investment Research·61dRead more ▾
NLY▲
Annaly, Casey's, and Target Boost Dividends Across Yield and Growth Spectrum
Annaly Capital Management, Casey's General Stores, and Target each announced dividend increases, offering investors choices from high current yields to rapid payout growth. Annaly, a mortgage REIT, raised its quarterly dividend by 7%, pushing its indicated yield near 13.5%, with the next payment due July 31 to shareholders of record as of June 30. Casey's, a convenience store chain, lifted its dividend by 14%, marking the fourth consecutive year of increases of 13% or more, though its yield remains near 0.3% due to a surging share price; the next dividend is payable August 14 to holders of record as of the August 1 close. Target, the big-box retailer, increased its quarterly payout by just under 2% to $1.16, extending its streak of annual increases to 54 years, with a yield near 3.5% and the next dividend payable September 1 to shareholders of record as of the August 12 close.
MarketBeat·63dRead more ▾
NLY
Refinancing Demand Is Stirring Again as Mortgage Rates Ease
Mortgage rates are showing signs of easing, putting refinancing activity back on investors' radar. The average rate on a 30-year fixed mortgage fell to 6.47% as of June 18, down from 6.52% the prior week and 6.81% a year ago, according to Freddie Mac. Refinance applications grew 17% year over year for the week ended June 12, accounting for 40.3% of total mortgage applications, the Mortgage Bankers Association reported. Rocket Companies is a direct play on refinancing volumes, while mortgage REITs AGNC Investment and Annaly Capital Management could benefit from improving agency MBS valuations and book values, though faster prepayments pose a risk. All three stocks carry a Zacks Rank of 3, or Hold, with 2026 earnings estimates unchanged over the past week.
Zacks Investment Research·64dRead more ▾
NLY▲
Mortgage REIT Dividends Look Safer After Three Fed Cuts
The iShares Mortgage Real Estate ETF's distribution appears safer after three Federal Reserve rate cuts late last year, as its two largest holdings—Annaly Capital and AGNC Investment—have maintained or raised payouts through a difficult rate cycle. Annaly, which accounts for 23% of REM's net assets, raised its quarterly dividend to $0.70 in early 2025 and has held it there for five consecutive quarters, while AGNC, at 14.79% of net assets, has kept its $0.12 monthly distribution steady for 24 consecutive months. Together, these two names control 36% of the fund's $531.5 million in net assets, making REM's pass-through payout highly dependent on their dividend decisions. The yield curve remains a risk, with the 10-year Treasury at 4.5% and the Fed Funds rate at 3.8% after the cuts, but the Fed's pause since December 2025 removes near-term funding cost surprises. REM is up 14% over the past year but down 8% over five years, penalizing investors who spent distributions rather than reinvesting them.
Yahoo Finance·69dRead more ▾