Annaly Capital Management, Inc. (NLY)
Annaly Capital Management, Inc. operates in the REIT - Mortgage industry of the Real Estate sector, headquartered in New York City, NY, US. The stock last traded at $20.61, up 0.05% on the session, giving a market capitalisation of $15.53B. On trailing twelve-month figures it carries a trailing P/E of 5.14, a net margin of 40.5%. Its beta of 1.24 implies it has historically moved more than the broad market.
Annaly Capital Management, Inc. (NLY) operates as a multifaceted financial firm, specializing in managing capital across various sectors. Its core business encompasses mortgage-related investments and lending to middle-market corporations. NLY strategically deploys capital across a diverse range of assets, including government-sponsored (Agency) and privately-issued (non-Agency) mortgage-backed securities, residential and commercial mortgage loans, mortgage servicing rights, credit risk transfer instruments, corporate debt, and other commercial real estate investments. Operating as a Real Estate Investment Trust (REIT), Annaly benefits from a particular tax structure. This designation exempts it from federal corporate income tax, provided it distributes the majority of its taxable earnings to its investors. Established in 1996, the firm's corporate headquarters are located in New York City.
Annaly Capital Management, Inc. is most often compared with the following Real Estate names: