Annaly Capital Q2 EPS rises sharply as securitization activity hits record - NLY News | RalliesAnnaly Capital Q2 EPS rises sharply as securitization activity hits record
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NLY• Outlook and result drivers
- Annaly sees meaningful opportunities across all three investment strategies
- Company says scale, liquidity and disciplined capital allocation position it for risk-adjusted returns
- Agency portfolio growth - Company increased its Agency portfolio by nearly $3 billion, focusing on higher coupon TBA securities and specified pools
- Securitization activity - Record 13 securitizations totaling $6.8 billion were issued by Residential Credit Group, expanding financing capacity
- High hedge ratio - Company maintained conservative hedge positioning with a 97% hedge ratio due to elevated macro uncertainty
Quarterly results and dividend
- U.S. mortgage REIT's Q2 GAAP EPS rose sharply year-over-year
- Earnings available for distribution per share increased from prior year
- Company raised quarterly dividend to $0.75 per share
