Company
Annaly Capital Management, Inc.
Headquarters: New York, NY, United States
Founded: February 18, 1997
Employees: 171
CEO: Mr. David L. Finkelstein C.F.A.
Market Cap
$9.48 Billion
USD as of July 1, 2024
Annaly Capital Management, Inc. Categories
United States Real Estate REIT—MortgageUnited States Real Estate United States REIT—Mortgage
Company Description
Annaly Capital Management, Inc. is a mortgage real estate investment trust, investing and financing in residential and commercial properties. As a diversified capital manager, it relies on mortgage-backed securities, loans, equity, and other commercial real estate investments in both the residential and commercial markets to generate and distribute income to its shareholders.
Top Competitors by Market Capitalization
Industry: REIT—Mortgage
Sector:
| Company | Market Cap (USD) |
|---|---|
| Prologis, Inc. | $104.90 B |
| American Tower | $91.36 B |
| Equinix, Inc. (REIT) | $71.61 B |
| Welltower Inc. | $63.10 B |
| Simon Property Group, Inc. | $55.57 B |
Detailed Description
Annaly Capital Management, Inc., a diversified capital manager, engages in mortgage finance and corporate middle market lending. The company invests in agency mortgage-backed securities, mortgage servicing rights, Agency commercial mortgage-backed securities, non-Agency residential mortgage assets, residential mortgage loans, credit risk transfer securities, corporate debts, and other commercial real estate investments. It has elected to be taxed as a real estate investment trust (REIT). As a REIT, it is not subject to federal income tax to the extent that it distributes its taxable income to its shareholders. The company was founded in 1996 and is based in New York, New York.
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Stocks & Indices
Annaly Capital Management, Inc. has the following listings and related stock indices.
Stock: NYSE: NLY wb_incandescent
Stock: FSX: AAY wb_incandescent
Stock: NYSE: NLY.PR.F wb_incandescent
Stock: NYSE: NLY.PR.G wb_incandescent
Key People
Founder(s): Michael A. J. Farrell and Wellington Denahan
David L. Finkelstein, CEO & CIO Serena Wolfe, CFO
Financials
Net income: -$2.299 billion (2019)
Total assets: $130.295 billion (2019)
Total equity: $15.796 billion (2019)