NLY ANNALY CAPITAL MANAGEMENT INC

BEARISH Impact: 6/10 8-K
Horizon immediate Filed Apr 21, 2026 Processed 1mo ago SEC 0001043219-26-000022
8-K context-dependent: Items 8.01
Latest settled — T+20d ⚠ clustered
NLY-PJ ▼ -0.88% at T+20d
SHORT call ✓ call won +0.88% · α vs SPY +4.05% · entry $26.01 → $25.78
Next anchor: T+60d in 5w
Currently $22.00 · +15.42% from $26.01 entry (call sign-flipped)
Entry anchored
Apr 21, 2026
via day open
T+1d
+0.35%
call -0.35% · α -0.74%
$26.10
settled 7w ago
T+5d
-0.12%
call +0.12% · α +0.17%
$25.98
settled 7w ago
T+20d
-0.88%
call +0.88% · α +4.05%
$25.78
settled 25d ago
T+60d
call — · α —
in 5w

Price Chart

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Executive Summary

Annaly Capital Management released its Q1 2026 financial supplement, showing a significant decline in GAAP net income to $290.5 million from $1.018 billion in Q4 2025, driven by a $288 million loss on investments. However, core earnings (EAD) remained stable at $589.9 million, and the company maintained its $0.70 dividend. The book value per share decreased to $19.82 from $20.21.

Actionable Insight

Monitor the next earnings call for management's explanation of the investment losses and whether they expect continued volatility in investment gains/losses. The stable EAD suggests core operations remain healthy, but the significant GAAP loss could pressure the stock.

Key Facts

  • GAAP net income declined 71.5% to $290.5 million from $1.018 billion in Q4 2025
  • Net loss on investments and other was $672 million, a $960 million swing from Q4's $289 million gain
  • Earnings Available for Distribution (EAD) was stable at $589.9 million, up slightly from $553.2 million
  • Book value per share decreased to $19.82 from $20.21
  • Dividend maintained at $0.70 per share

Financial Impact

GAAP net income declined 71.5% to $290.5 million, driven by $960 million swing in investment gains/losses

revenueepsnet income

Risk Factors

  • Continued volatility in investment gains/losses could lead to further GAAP net income swings
  • Declining book value per share may pressure the stock price
  • Interest rate changes could impact future net interest income

Market Snapshot

Exchange
NYSE
Sector
Real Estate Investment Trusts

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001043219-26-000022
Document: nly-20260421.htm0001043219-26-000022
Document: 0001043219-26-000022-index-headers.html0001043219-26-000022
Document: 0001043219-26-000022-index.html0001043219-26-000022
Document: 0001043219-26-000022.txt0001043219-26-000022
4 reports for NLY
Performance horizon

Track record builds as more directional reports settle.

Filters
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Reports for NLY — sortable, filterable
Type Now
Jun 11, 2026
1d ago
Institutional Cluster
MIXED ★ 4/10
$22.04 awaiting T+20awaiting T+20$22.00 (−0.16%)
Apr 21, 2026
7w ago
8-K
BULLISH ★ 6/10
$26.01 $25.78▼ −0.88%▼ −4.05%$22.00 (−15.42%)
Apr 21, 2026
7w ago
8-K
BEARISH ★ 6/10
$26.01 $25.78▲ +0.88%▲ +4.05%$22.00 (+15.42%)
Apr 21, 2026
7w ago
8-K
BEARISH ★ 7/10
$26.01 $25.78▲ +0.88%▲ +4.05%$22.00 (+15.42%)
Showing 4 of 4

US Market Status

Market Closed — Opens Mon (48h 16m)

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