Annaly Capital (NYSE:NLY) Management Inc. (NYSE:NLY), a real estate investment trust, disclosed supplemental information for the second quarter of 2024 today. The company, which specializes in mortgage-backed securities, made the details available on the Investors section of its website.
The supplemental data, filed as part of an 8-K report with the Securities and Exchange Commission, provides investors with additional financial details for the quarter ended June 30, 2024. Annaly Capital Management is known for its portfolio of real estate-related investments and operates as a Maryland corporation with headquarters in New York.
The report indicates that the company's common stock, along with its Series F, G, and I preferred stocks, continue to be listed and traded on the New York Stock Exchange under the tickers NLY, NLY.F, NLY.G, and NLY.I respectively. These securities represent different classes of the company's equity, offering investors various options for investment in Annaly's financial structure.
This release of supplemental information is a regular practice for Annaly Capital Management, aimed at providing transparency and up-to-date financial data to its shareholders and the market. The detailed information is intended to complement the company's official financial statements and earnings reports, providing a more granular view of its performance and financial position.
The filing also included exhibits such as the Second Quarter 2024 Supplemental Information and other technical documents formatted in Inline eXtensible Business Reporting Language (iXBRL), which enhances the accessibility and usability of the data for analysis.
InvestingPro Insights
Annaly Capital Management Inc . (NYSE:NLY) has recently released supplemental information for Q2 2024, which provides a more detailed look into the company's financial health. To complement this, InvestingPro offers valuable insights that can further inform investors. According to InvestingPro Tips, Annaly is expected to see net income growth this year, and analysts are anticipating sales growth in the current year. Moreover, the company has a longstanding reputation for rewarding shareholders, having maintained dividend payments for 28 consecutive years.
Key InvestingPro Data metrics show a market capitalization of approximately $9.96 billion, reflecting the company's scale in the real estate investment trust market. The P/E ratio stands at -20.57, suggesting that investors are expecting future earnings growth to justify the current stock price. Furthermore, the company boasts a substantial dividend yield of 12.8%, highlighting its appeal to income-focused investors.
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