Stock AnalizAnnaly Capital Management Inc. NLY
Real Estate Investment Trusts · data as of November 13, 2026
Annaly Capital Management Inc. (NLY) is a real estate company listed in the US with a market value of about $13.9B. In the twelve months to September 30, 2026 it had revenue of $1.4B and net income of $952M, a net margin of 69.7%.
Its overall Stock Analiz score is 1.8 out of 5 (weak). The strongest part is value (4/5); the weakest is future growth (0/5).
Key numbers: a P/E of 11.7, a price to free cash flow of 3.7. A discounted cash flow model with moderate assumptions puts its intrinsic value about 494% above the current price.
Score: 1.8 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- More cash than debt, or low debt to equity
- Positive free cash flow
- Debt below 3 years of free cash flow
- Pays a dividend
Checks not passed
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4B | — | — | — | — | — | — | — | — | — | — |
| Net income | $952M | $2.0B | $1.0B | -$1.6B | $1.7B | $2.4B | -$891M | -$2.2B | $54M | $1.6B | $1.4B |
| Free cash flow | $3.7B | $693M | $3.3B | $2.4B | $5.4B | $3.1B | $528M | -$1.2B | $2.6B | $1.6B | $1.6B |
| EPS (diluted) | $1.51 | $2.92 | $1.62 | $-3.61 | $3.92 | $6.39 | $-2.92 | $-6.40 | $-0.24 | $5.48 | $5.56 |
| Net margin | 69.7% | — | — | — | — | — | — | — | — | — | — |
| ROIC | — | — | — | — | — | — | — | — | — | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 11 analysts is $21.14, 20% above the current price; targets range from $19.50 to $23.00; the consensus rating is “Buy”; expected EPS is $3.13 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Annaly Capital Management’s P/E ratio?
About 11.7, based on the last twelve months of diluted earnings per share (forward P/E about 5.6).
Is Annaly Capital Management stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 494% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Annaly Capital Management pay a dividend?
Yes. The dividend yield is about 16.37%, and it has paid dividends for 10 years in our data.
Is Annaly Capital Management a good stock to buy?
We do not give buy or sell advice. Annaly Capital Management scores 1.8 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.