AGNC Investment (AGNC) vs Annaly Capital Management (NLY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Annaly Capital Management (NLY) has outperformed AGNC Investment (AGNC) over the past year, losing 13.0% versus a loss of 15.3%. Over five years, NLY leads with a -47.8% price change compared with -47.8% for AGNC. Annaly Capital Management is the larger company by market cap ($13.51 billion vs $10.03 billion), about 1.3 times the size.
On valuation, AGNC Investment trades at a lower forward P/E (5.6x vs 5.8x for Annaly Capital Management). AGNC Investment offers the higher dividend yield (17.02% vs 15.90%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AGNC | NLY |
|---|---|---|
| Share price | $8.46 | $17.93 |
| Market cap | $10.03B | $13.51B |
| 1-day change | -2.76% | -2.66% |
| YTD return | -21.08% | -19.81% |
| 1-year return | -15.32% | -12.96% |
| 5-year return | -47.84% | -47.76% |
| P/E ratio (TTM) | 4.32 | 4.39 |
| Forward P/E | 5.65 | 5.77 |
| EPS (TTM) | $1.96 | $4.08 |
| Dividend yield | 17.02% | 15.90% |
| Annual dividend | $1.44 | $2.85 |
| Net income (latest FY) | $1.67B | $2.03B |
| 52-week high | $12.19 | $24.52 |
| 52-week low | $8.42 | $17.84 |
| Distance from 52-week high | -30.60% | -26.88% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +30.73% | +33.58% |
| Average volume | 26.10M | 8.76M |
| Shares outstanding | 1.19B | 753.71M |
| Employees | 54 | 212 |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- AGNC Investment offers a meaningfully higher dividend yield (17.02% vs 15.90%).
About AGNC Investment
AGNC stock →AGNC Investment Corp. provides private capital to housing market in the United States.
Real Estate · Real Estate Investment Trusts · 54 employees
About Annaly Capital Management
NLY stock →Annaly Capital Management, Inc., a diversified capital manager, engages in the residential mortgage finance business. The company invests in agency mortgage-backed securities collateralized by residential mortgages; non-agency residential whole loans and securitized products within the residential and commercial markets; mortgage servicing rights; agency commercial mortgage-backed securities; to-be-announced forward contracts; residential mortgage-backed securities; residential mortgage loans; and agency or private label credit risk transfer securities.
Real Estate · Real Estate Investment Trusts · 212 employees
AGNC vs NLY FAQ
Which is bigger, AGNC Investment or Annaly Capital Management?
Annaly Capital Management (NLY) is larger, with a market capitalization of $13.51B compared with $10.03B for AGNC Investment (AGNC).
Which stock has performed better over the past year, AGNC or NLY?
NLY returned -12.96% over the past 12 months, compared with -15.32% for AGNC (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AGNC or NLY?
AGNC has the lower trailing P/E at 4.3, versus 4.4 for NLY. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, AGNC Investment or Annaly Capital Management?
AGNC Investment has the higher yield at 17.02%, compared with 15.90% for Annaly Capital Management.
Are AGNC Investment and Annaly Capital Management in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.