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See Regulatory Filings on SEC |
Company Contact | |
Address: | 1211 AVENUE OF THE AMERICAS NEW YORK NY 10036 |
Tel: | N/A |
Website: | https://www.annaly.com |
IR: | See website |
Key People | ||
Steven F. Campbell President, Chief Operating Officer | David L. Finkelstein Chief Executive Officer, Chief Investment Officer, Director | Serena Wolfe Chief Financial Officer | Anthony C. Green Chief Corporate Officer, Chief Legal Officer, Secretary |
Business Overview |
Annaly Capital Management, Inc. is a diversified capital manager with investment strategies across mortgage finance. The Company owns a portfolio of real estate-related investments, including mortgage pass-through certificates, collateralized mortgage obligations, credit risk transfer (CRT) securities, and other securities representing interests in or obligations backed by pools of mortgage loans, residential mortgage loans and mortgage servicing rights (MSR). Its investment groups include Annaly Agency Group, Annaly Residential Credit Group and Annaly Mortgage Servicing Rights Group. Annaly Agency Group invests in agency mortgage-backed securities (MBS) collateralized by residential mortgages. Annaly Residential Credit Group invests in non-agency residential mortgage assets within residential and commercial markets. Annaly Mortgage Servicing Rights Group invests in MSR, which provides the right to service residential mortgage loans in exchange for a portion of the interest payments. |
Financial Overview |
For the fiscal year ended 31 December 2023, Annaly Capital Management, Inc. revenues decreased 26% to $2.41B. Net loss applicable to common stockholders totaled $1.78B vs. income of $1.61B. Revenues reflect Net Interest Margin, Total -% decrease from 2.03 to -0.13%, Net Interest Spread, Total -% decrease from 1.7 to -0.81%, Net gains (losses) on derivatives decrease of 92% to $400.1M, Commercial investment portfolio decrease of 65% to $28.4M. |
Employees: | 187 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $86,836M as of Dec 31, 2023 |
Annual revenue (TTM): | $2,406M as of Dec 31, 2023 |
EBITDA (TTM): | -$1,566M as of Dec 31, 2023 |
Net annual income (TTM): | -$1,785M as of Dec 31, 2023 |
Free cash flow (TTM): | $452.64M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $76,126M as of Dec 31, 2023 |
Shares outstanding: | 500,440,023 as of Mar 18, 2024 |
Index Membership: | S&P 400 Mid Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |