ARMOUR Residential REIT (ARR) Q3 FY26 earnings call

ARMOUR Residential REIT navigated a challenging third quarter marked by significant widening of mortgage spreads and increased interest rate volatility. The company maintained a constructive medium-term outlook, strategically selling $900 million in assets to manage liquidity and leverage, while planning reinvestment into attractive MBS opportunities. Despite a 17% decline in book value, ARMOUR affirmed its commitment to a stable monthly dividend, supported by expected distributable earnings.