ARMOUR Residential REIT posts Q3 net income of $156.3 mln

ARMOUR Residential REIT

22/10/2025 21:36

Overview

ARMOUR Q3 GAAP net income $156.3 mln, $1.49 per share

Book value per common share rose 3.5% to $17.49

Company raised $298.6 mln from common stock sale in August

Outlook

Company did not provide specific guidance for future quarters or full year

Result Drivers

GAINS ON MBS - Co reports $177.1 mln gain on mortgage-backed securities, contributing to net income

CAPITAL RAISING - ARMOUR raised $298.6 mln from common stock sale in August, strengthening financial position

BOOK VALUE INCREASE - Book value per common share rose 3.5% to $17.49, reflecting strategic portfolio management

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Distributable Earnings
$75.30 mln
Q3 Net Interest Income
$38.50 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the specialized reits peer group is "buy."

Wall Street's median 12-month price target for ARMOUR Residential REIT Inc is $18.00, about 12.8% above its October 21 closing price of $15.69

The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 5 three months ago

Press Release: ID:nGNX4gXDBB

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)