ARMOUR Residential REIT (ARR) Tops Q3 EPS by 2c

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ARMOUR Residential REIT, INC. Announces September 30, 2020 Financial Position And Q3 Results

October 21, 2020 4:15 PM EDT

VERO BEACH, Florida, Oct. 21, 2020 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR PRC) (ARMOUR or the Company) today announced the Company's September 30, 2020 financial position and Q3 results and provided further detail on the completed transition of its portfolio to focus exclusively on agency-guaranteed mortgage backed securities (Agency MBS).

September 30, 2020 Financial Position

ARMOUR's stockholders' equity totaled $892 million, including: Common stock outstanding of 64,730,155 shares, and7.00% Cumulative Redeemable Preferred C Stock ("Series C Preferred Stock") with liquidation preference totaling $133 million. ARMOUR's book value per common share was... More