Annaly Q3 2024 Earnings Report
Key Takeaways
Annaly Capital Management reported a GAAP net income of $0.05 per average common share and earnings available for distribution (EAD) of $0.66 per average common share for the third quarter of 2024. The company's economic return was 4.9% for the quarter and 10.5% year-to-date. The book value per common share was $19.54, and the company declared a quarterly common stock cash dividend of $0.65 per share.
GAAP net income of $0.05 per average common share for the quarter
Earnings available for distribution (EAD) of $0.66 per average common share for the quarter
Economic return of 4.9% for the third quarter and 10.5% year-to-date through the third quarter
Declared quarterly common stock cash dividend of $0.65 per share
Annaly
Annaly
Forward Guidance
Annaly is optimistic given the improving operating environment and believes its portfolio is well-positioned to deliver strong risk-adjusted returns.