NLY Stock Recent News
NLY LATEST HEADLINES
Here is how Annaly Capital Management (NLY) and Bank First Corporation (BFC) have performed compared to their sector so far this year.
Since December, Annaly Capital Management has delivered a 16% total return, outperforming the S&P 500, driven by lower mortgage spreads. Unlike most stocks, NLY remained roughly flat over the past month, signaling surprising defensive value in agency mortgage REITs. Although a recession may increase mortgage credit risks, most of Annaly's assets are guaranteed by agencies; though Fannie Mae and Freddie Mac remain undercapitalized.
NLY increases the first-quarter 2025 dividend by 7.7% to 70 cents per share. Given its decent liquidity, capital distribution seems sustainable.
NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. Increases 1st Quarter 2025 Common Stock Dividend to $0.70 per Share.
If you're looking for high-yield dividend stocks, I've got some good news. A couple of mortgage REITs offer eye-popping yields, and there's a chance they'll be able to maintain their payouts.
Since my last writing, long-term treasury rates have declined enough to cause a negative yield spread, a potential headwind for NLY. However, the narrowing of the yield spread is more than offset by other positive developments. The top two on my list are the bullish technical trading patterns and also the outlook of future interest cuts in the next ~3 months.
Barron's New-Year (NY) Roundtable (RT) selections published in three issues 1/13-27/2025, listed 34 dividend picks as the best of 2025. Analysts predict top picks like AdvanSix, Applied Materials, and Salesforce could net significant returns, with an average gain estimate of 28.85%. Two standout "safer" stocks, AT&T and Annaly Capital, meet the dogcatcher ideal, offering high yields relative to their prices.
The latest trading day saw Annaly Capital Management (NLY) settling at $21.69, representing a +1.31% change from its previous close.
PFLT, COMM, BGC, NLY and ACIU have been added to the Zacks Rank #1 (Strong Buy) List on March 5, 2025.
Annaly Capital Management Inc (NLY) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, NLY's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.