Home/News Feed/Annaly Capital reports mixed Q3 with higher interest spread but 11% drop in book value amid rate concerns Annaly Capital Management reported mixed results for Q3, with an increase in net interest spread but an 11% quarter-over-quarter decline in book value. The company faces challenges from rising interest rates, which have pressured its mortgage-backed securities portfolio. Market concerns about further rate hikes and their impact on earnings have led Annaly to trade at a 3% premium to book value. The key risk remains sustained interest rate increases driven by inflation, especially from energy costs, which could continue to affect Annaly's financial performance. The current outlook suggests caution, with a Hold rating maintained due to the uncertain interest rate environment.
Annaly Capital Management offers a high dividend yield of 16.36% on Pluang, where its stock price stands at USD 18.37 as of Oct 24, 2026 05:41 WIB. Despite the article noting a 3% premium to book value, the stock is up slightly by 0.16% on Pluang today. Investors hold the stock for an average of 93 days on the platform, reflecting steady interest amid ongoing concerns about interest rate impacts on earnings.