ARMOUR RESIDENTIAL REIT INC (ARR)
Financials · NYSE
A mortgage REIT that deploys private capital into Agency MBS to generate net interest income spreads while managing interest rate and prepayment risk through hedging strategies.
What ARMOUR RESIDENTIAL REIT INC does
ARMOUR Residential REIT invests in mortgage-backed securities (MBS) issued or guaranteed by U.S. government-sponsored enterprises (GSEs) such as Fannie Mae, Freddie Mac, and Ginnie Mae, as well as U.S. Treasury securities. The company finances these investments through short-term repurchase agreements and employs hedging strategies using derivatives to manage interest rate and prepayment risks. ARMOUR generates returns from the net interest income spread between the yield on its assets and the cost of its borrowings, while maintaining compliance with REIT tax requirements. The company is managed by ARMOUR Capital Management LP, an SEC-registered investment advisor.
Themes: ["mortgage-backed securities (MBS)","net interest income spreads","interest rate hedging","REIT / yield investing","fixed-income securities"]
Fundamentals
- Price$17.09 as of 2026-07-09 close
- Market cap$2.1B as of 2026-07-10
- 1-year return+1.2% as of 2026-07-09 close
- P/E8.87 as of 2026-07-10
- Net margin+24.5% as of 2026-07-10
- Gross margin+26.0% as of 2026-07-10
- ROE+11.5% as of 2026-07-10
- Debt / equity7.90 as of 2026-07-10
- Revenue growth (YoY)+72.4% as of 2026-07-10
- Beta1.35 as of 2026-07-10
Dividend: yield +16.9%; 2-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Interest rate risk: increases in short-term interest rates can significantly reduce net interest income and the fair value of MBS assets, potentially resulting in operating losses and reduced distributions to shareholders."]
Competitors & peers
- New York Mortgage Trust (NYMT)
- Invesco Mortgage Capital Investment Corp (IVR)
- AGNC Investment Corp (AGNC)
- Two Harbors Investment Corp (TWO)
- MFA Financial Inc (MFA)
- Mortgage REIT
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.