Book Value per Share: annaly.com (NLY)

Annaly Capital Management (NLY) is a highly cyclical mortgage REIT whose earnings are based on interest rate spreads and Federal Reserve decisions. This historical book value chart visualizes net asset dynamics, where 17.72 reflects the metric's most recent value. Annaly Capital Management maintains its sector leadership while striving for return on equity. Meanwhile, geopolitical upheavals are triggering rate volatility, which impairs the securities portfolio.
annaly.com - analytical breakdowns and key metrics (NLY)

Annaly Capital Management is emerging from a cyclical downturn in the mortgage sector amid stabilizing interest rates. This metric reflects the net asset value per share minus all liabilities. By analyzing the book value per share, an investor assesses the real value of capital. For a REIT, this is a critical marker of resilience against funding costs. Growth in this metric confirms recovering profits and provides fundamental support for the share price.