---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-017650"
form_type: "8-K"
ticker: "NLY"
cik: "0001043219"
company_name: "ANNALY CAPITAL MANAGEMENT INC"
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T09:13:17.146223+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Annaly Q1 GAAP EPS $0.85, EAD $0.64; book value up to $19.73

## Summary
- GAAP net income $0.85/sh vs prior Q loss $0.88; annualized GAAP return on equity 16.29%.
- Earnings available for distribution $0.64/sh, down from $0.68 in Q4 2023; quarterly dividend $0.65/sh.
- Book value per share $19.73, up 1.5% from $19.44; economic return 4.8% for Q1.
- Agency portfolio $64.7B; Residential Credit up 4% to $6.2B; MSR portfolio $2.7B; record securitization volume.
- GAAP leverage 6.7x (down from 6.8x); economic leverage 5.6x (down from 5.7x); hedge ratio decreased to 97%.

## SEC filing metadata
- accession: 0001628280-24-017650
- form_type: 8-K
- ticker: NLY
- cik: 0001043219
- company_name: ANNALY CAPITAL MANAGEMENT INC
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1043219/000162828024017650/0001628280-24-017650-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1043219/000162828024017650/nly-20240424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-017650
- JSON: https://secwatch.observer/filing/0001628280-24-017650.json
- Plain text: https://secwatch.observer/filing/0001628280-24-017650.txt

## Key facts
- Earnings Releases
  ANNALY CAPITAL MANAGEMENT INC reported the quarter ended March 31, 2024 results: EPS $0.85 per average common share.
  - Period: the quarter ended March 31, 2024
  - EPS: $0.85 per average common share
  - Result: reported results
  source text: Registrant issued a press release announcing its financial results for the quarter ended March 31, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1043219/000162828024017650/0001628280-24-017650-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.