ARMOUR Residential REIT Inc (NYSE: ARR) is a mortgage real estate investment trust that invests in residential mortgage-backed securities. It makes money by earning the spread between interest income on its leveraged MBS portfolio and the cost of short-term repurchase financing used to fund those holdings. ARMOUR deploys private capital into U.S. mortgage markets by holding a diversified portfolio of MBS, using hedging strategies to moderate interest rate and MBS price risk. The company prioritizes maintaining common share dividends suited to intermediate-term sustainability rather than short-term optimization. Management responsibilities, including MBS portfolio analysis, equity capital access, repurchase financing, and hedging, are handled by an experienced external-style team relying on decades of mortgage market experience. ARMOUR completed a one-for-five reverse stock split effective September 29, 2023. The 10-K for the fiscal year ended was filed February 18, 2026 (accession 0001428205-26-000029).
Residential mortgage-backed securities portfolio. Hedging and liquidity strategies to manage interest rate and MBS price risk. Common share dividends paid to stockholders.
Net interest income from a leveraged portfolio of residential MBS, funded primarily through repurchase agreements. The spread between MBS yields and repo borrowing costs drives earnings.
Equity and debt capital market investors seeking mortgage REIT income exposure. Downstream exposure to U.S. residential housing and mortgage markets across a broad spectrum of American homeowners.
United States residential mortgage market.
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