Armour Residential REIT (ARR)
NYSEReal EstateReit - MortgageSnapshot 2026-09-04
$16.35+1.36%
Close 2026-09-04 · 1-day change
NYSEReal EstateReit - MortgageSnapshot 2026-09-04
QuarterlyIQ Insights · ARR
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 0% of the last 1 guided quarters · -5.3% avg surprise
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue paying monthly common stock dividends of $0.24 per share to maintain stable shareholder returns and REIT tax status compliance.
Stated as a priority in 5 of last 5 quarters. ARMOUR consistently paid common stock dividends of $0.24 per share per month, totaling $0.72 per quarter from 2025-Q2 through 2026-Q2. Management has reiterated the focus on maintaining stable dividends appropriate for the intermediate term, and the dividend payments have been stable, indicating delivery on this priority.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Real Estate names rated weak grew net income 54% of the time over the next year (vs 54% for the rest of the cohort, n=2778).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“We continue to prioritize maintaining common share dividends appropriate for the intermediate term rather than focusing on short-term market fluctuations.”
“We continue to prioritize maintaining common share dividends appropriate for the intermediate term rather than focusing on short-term market fluctuations.”
“Our approach remains to grow and deploy capital thoughtfully when we see opportunities, maintain robust liquidity, and dynamically adjust hedges for disciplined risk management.”
“We continue to prioritize maintaining common share dividends appropriate for the intermediate term rather than focusing on short-term market fluctuations.”
“We continue to prioritize maintaining common share dividends appropriate for the intermediate term rather than focusing on short-term market fluctuations.”
Continue raising capital via at-the-market offerings of common and preferred stock to support portfolio growth and liquidity.
Stated as a priority in 5 of last 5 quarters. ARMOUR raised significant capital each quarter, including $218.7 million common and $4.1 million preferred stock in 2026-Q2, supporting portfolio growth and liquidity. The capital raising activity is consistent with management's stated priority and shows delivery.
“Raised $218.7 million of capital by issuing 12,714,990 shares of common stock and $4.1 million by issuing 197,939 shares of preferred stock through at the market offering programs.”
“Raised $215.3 million of capital by issuing 11,820,056 shares of common stock and $6.4 million by issuing 306,823 shares of preferred stock through at the market offering programs.”
“Raised $3.8 million of capital by issuing 183,490 shares of preferred stock through an at the market offering program.”
“Raised $99.5 million of capital by issuing 5,994,201 shares of common stock through an at the market offering program.”
“Raised capital through common and preferred stock offerings to support portfolio growth and liquidity.”
Maintain liquidity above $1 billion and apply systematic hedging and risk management to mitigate downside risks.
Stated as a priority in 5 of last 5 quarters. ARMOUR maintained liquidity above $1.1 billion in 2026-Q1 and increased to $1.2 billion in 2026-Q2. Management consistently emphasized systematic hedging and risk management. The liquidity levels and hedging activity indicate delivery on this priority.
“We stress test our liquidity, apply systematic hedging and deploy capital appropriately. We are well positioned to attenuate downside risks.”
“Our approach remains to grow and deploy capital thoughtfully during spread dislocations, maintain robust liquidity, and dynamically adjust hedges for disciplined risk management.”
“Our approach remains to grow and deploy capital thoughtfully when we see opportunities, maintain robust liquidity, and dynamically adjust hedges for disciplined risk management.”
“Our approach remains to grow and deploy capital thoughtfully when we see opportunities, maintain robust liquidity, and dynamically adjust hedges for disciplined risk management.”
“Our approach remains to grow and deploy capital thoughtfully when we see opportunities, maintain robust liquidity, and dynamically adjust hedges for disciplined risk management.”
Maintain debt-to-equity ratio around 7.5 to 8.0 and grow portfolio thoughtfully to balance risk and return.
Stated as a priority in 4 of last 5 quarters. ARMOUR maintained debt-to-equity ratios between 7.54:1 and 7.94:1 from 2025-Q4 to 2026-Q2, reflecting prudent leverage management. Portfolio growth was supported by capital raises and stable liquidity. The trajectory shows consistent delivery on leverage and growth management.
“Debt to equity ratio of 7.54:1; Implied leverage was 7.73:1.”
“Debt to equity ratio of 7.90:1; Implied leverage was 8.21:1.”
“Debt to equity ratio of 7.94:1; Implied leverage was 8.07:1.”
“Debt to equity ratio of 7.78:1; Implied leverage was 7.73:1.”
Manage leverage ratios and implied leverage prudently to balance risk and return in the mortgage-backed securities portfolio.
Over the trailing year it converted 4.27x of net income into operating cash flow. Historically, Real Estate names rated robust grew net income 63% of the time over the next year (vs 45% for the rest of the cohort, n=2211).
Most sensitive to the broad stock market and real (inflation-adjusted) rates.
Not enough signal to read sensitivity to the US dollar, Fed net liquidity (low R² over the window).
34 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Real Estate names rated volatile grew net income 54% of the time over the next year (vs 51% for the rest of the cohort, n=658).
Not investment advice. As of 2026-09-04.