On its third-quarter 2026 earnings call, held on Oct. 21, 2026, Annaly Capital (NYSE:NLY) reported earnings available for distribution, an adjusted measure of core operational profit, of $0.80 per share to cover its quarterly dividend. It was a rough quarter, as GAAP net loss was $1.36 per average common share, and economic return was negative 7.6% while book value per share fell 11.4% to $17.86. The report indicated that higher coupon income and disciplined hedging can maintain dividend durability, even in volatile rate environments. Three key takeaways from management explain how the business is navigating these market conditions. Annaly Capital relies on its Onslow Bay correspondent channel, a platform that purchases residential mortgage loans directly from originators, to generate higher-yielding credit assets. Expanding the funding volume enables the business to create proprietary residential credit portfolios with tight underwriting standards.
CryptoAlerta — análise de criptomoedas e mercado em tempo real