What is NLY's dilution risk score?

NLY has a latest available DilutionScore record of 22/100, categorized as low dilution risk by the DilutionWatch scoring model. DilutionWatch displays SEC filing and dilution indicators for NLY, including shelf registrations, ATM offerings, warrant exercises, PIPE deals, and reverse split signals when detected in source data.

What SEC filings does DilutionWatch track for NLY?

DilutionWatch tracks 25 SEC filing types for NLY including S-3 shelf registrations, 424B prospectuses (ATM offerings), S-1 registration statements, 8-K material events, warrant exercise notices, convertible note agreements, and Form 4 insider transactions. Alerts are delivered via email within minutes of a filing appearing on EDGAR.

How does stock dilution affect NLY shareholders?

Stock dilution occurs when a company issues new shares, reducing the ownership percentage of existing shareholders. For NLY, common dilution events include at-the-market (ATM) stock offerings, shelf registration drawdowns, warrant exercises, and convertible note conversions. Each event increases the share count and can pressure the stock price lower.

Is DilutionWatch free for NLY tracking?

DilutionWatch provides a free tier that shows DilutionScores and basic filing history for NLY. Premium plans ($19.95/month Basic, $39.95/month Premium) unlock real-time email alerts, the full Pulse™ feed, advanced dilution forecasts, and access to all 10,000+ tracked tickers.

NLY Dilution Risk Score: 22/100 (LOW)

Score Breakdown

📋 Offering Ability

💰 Cash Runway

📊 Float Risk

⚠️ Warrant Exposure

🔄 Convertible Debt

Dilution Forecast

☀️

Clear

No significant dilution signals

model est. 7%

🔁 Convertible Conversion model 15%

• Convertible debt present: 5.3% potential dilution

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Market Data

Market Cap$13.79B

Shares Outstanding753.71M

Float731.41M

Cash$1.41B

Debt$429.65M

Short InterestN/A

Source-Backed Evidence Depth

This public preview uses stored DilutionWatch fields and linked SEC/market records only. Missing values are not estimated.

Field	Current Value	Basis
DilutionScore	22/100	DilutionWatch score record
Shares Outstanding	753.71M	Verified float table or market cache
Public Float	731.41M	Verified float table or market cache
Market Cap	$13.79B	Market data cache
Cash Runway	19.3 months	DilutionWatch score inputs
Shelf Capacity	None in current score inputs	SEC-derived dilution fields
ATM Capacity	None in current score inputs	SEC-derived dilution fields
Outstanding Warrants	None in current score inputs	SEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 1.

Recent SEC source mix: XBRL 1.

The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.

Institutional Holdings

QoQ: ↑ 15.0% shares (2026Q1 vs prior)

776 institutional holders · 495.19M shares

#1 BlackRock, Inc. 81.73M shares

#2 VANGUARD CAPITAL MANAGEMENT LLC 64.03M shares

#3 VANGUARD PORTFOLIO MANAGEMENT LLC 30.77M shares

+ 17 more holders Sign up free to view →

Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.

Short Interest

Short Interest24.09M

Days to Cover1.8

% of Float3.3%

FINRA data as of Sep 30, 2026

Recent SEC Activity

xbrl XBRL CONVERTIBLE 2015-02-26

Full SEC filing analysis available with free account →

Recent News

No recent news available for this ticker.

Factual NLY Dilution Snapshot

Annaly Capital Management, Inc. (NLY) has a DilutionScore of 22/100, rated Low dilution risk. Score date: October 13, 2026.

Recent SEC activity tracked for NLY: xbrl on 2015-02-26.

This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.

DilutionScore History — Last 90 Days

NLY's DilutionScore is currently 22/100 (Low risk), with 2 score changes tracked over 89 days. The score improved from 19/100 (Low risk).

Period	Score	Risk Level	Duration
Oct 09 – Oct 13, 2026	22/100	LOW	5 days
Aug 14 – Oct 08, 2026	19/100	LOW	55 days
Jul 16 – Aug 13, 2026	18/100	LOW	29 days

Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.

Share Dilution History

NLY shares outstanding have increased 2.0% from 718.39M (Mar 2026) to 732.78M (May 2026). Each increase represents potential dilution to existing shareholders.

Date	Shares Outstanding	Public Float	Change
May 12, 2026	732.78M	731.43M	▲ 0.01%
May 05, 2026	732.78M	731.27M	▲ 0.34%
Apr 23, 2026	730.29M	728.77M	▲ 1.66%
Mar 11, 2026	718.39M	716.90M	▼ 0.03%

Share counts sourced from verified regulatory filings. Increases indicate dilution events.

Track NLY Dilution Risk in Real-Time

DilutionWatch monitors SEC filings 24/7 and alerts you the moment NLY files a shelf registration, ATM offering, warrant notice, or convertible note. Free tier available — no credit card required.

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