Brief: ARMOUR Residential REIT Q2 Net Interest Income USD 33.1 Million

ARMOUR Residential REIT

23/07/2025 21:15

Overview

ARMOUR reports Q2 GAAP net loss of $78.6 mln, $0.94 per share

Book value per common share falls to $16.90 from $18.59 in Q1

Raised $104.6 mln capital via at-the-market offering program

Result Drivers

CAPITAL RAISE - Co raised $104.6 mln through at-the-market offering program

INTEREST SPREAD - Economic net interest spread was 1.82%, reflecting income and expense differences

PORTFOLIO COMPOSITION - 94.1% of portfolio comprised of Agency MBS, influencing financial results

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Distributable Earnings
$64.90 mln
Q2 Net Interest Income
$33.10 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 7.3% above its July 22 closing price of $16.68

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

Press Release: ID:nGNX65FmTn

(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.)