Annaly Capital’s stock price has climbed steadily through 2025, supported by easing interest rate fears and its outsized dividend yield. Shares of Annaly Capital Management are trading near their highest levels of the past year after mounting a robust recovery. The stock closed at $20.80 on October 17th – approaching its 52-week peak of ~$22.45 – as investors bid up the mortgage REIT amid improving market sentimenttickertech.comtickertech.com. Annaly’s share price has risen about 13% year-to-date, outpacing many peers and roughly matching broader market gains, especially once its hefty dividend is factored insimplywall.st. In fact, including dividends, NLY has delivered approximately an 18% total return over the past yearsimplywall.st, reflecting renewed investor confidence after a volatile 2022–2023 period for mortgage-focused REITs.