ARMOUR Residential REIT (ARR) Misses Q2 EPS by 7c

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ARMOUR Residential REIT, Inc. Announces Second Quarter 2020 Financial Details

July 22, 2020 4:15 PM EDT

VERO BEACH, Florida, July 22, 2020 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR PRC) (ARMOUR or the Company) today announced the Company's second quarter 2020 financial information and provided further detail on the substantially completed transition of its portfolio to focus exclusively on agency-guaranteed mortgage backed securities (Agency MBS).

June 30, 2020 Financial Position

ARMOUR's book value per common share was $11.11 per share.ARMOUR's liquidity, including cash and unencumbered securities, was $540 million.ARMOUR's portfolio composition was 99% Agency MBS, including To Be Announced ("TBA") Securities.ARMOUR's stockholders' equity totaled $851 million,... More