NLY Stock Recent News
NLY LATEST HEADLINES
NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. Reports 4th Quarter 2024 Results.
Past Time To Take Gains On These Big Yielders
NLY's fourth-quarter 2024 results are likely to benefit from an increase in NII. Yet, a decline in servicing income is likely to hurt its financial performance.
We have been cautioning readers about Annaly Capital's elevated funding costs and earnings volatility in the past 1~2 years. We now have a more optimistic outlook due to the changes in the yield curve. We expect the yield curve to remain positive or even further widen from its levels, thus alleviating many of the headwinds NLY has been facing lately.
Investors love dividend stocks, especially the high-yield variety, because they offer a significant income stream and have massive total return potential.
High Yield REITs Whacked By Higher Rates
In the latest trading session, Annaly Capital Management (NLY) closed at $18.14, marking a -2% move from the previous day.
When the chapter was officially closed on 2024, the bulls reigned supreme yet again. The ageless Dow Jones Industrial Average, widely followed S&P 500, and growth-dependent Nasdaq Composite respectively rose by 13%, 23%, and 29% for the year, with each index reaching numerous all-time closing highs.
Unlocking Massive 13% Yields By Busting Market Myths: Annaly Capital
NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. Announces Dates of Third Quarter 2024 Financial Results and Conference Call.