NYSE$ARR
ARMOUR Residential REIT Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Announced preliminary unaudited Q4 results and December 31, 2023 financial position.
ARMOUR Residential REIT reported income attributable to common stockholders of $96.6 million, or $1.96 per common share, and distributable earnings available to common stockholders of $52.4 million, or $1.07 per common share for Q4 2023. The company's book value per common share was $22.54 as of December 31, 2023, and liquidity, including cash and unencumbered securities, exceeded $657.0 million.
- Income attributable to common stockholders was $96.6 million, or $1.96 per common share.
- Net interest income was $5.8 million.
- Distributable Earnings available to common stockholders totaled $52.4 million, representing $1.07 per common share.
- Common stock dividends of $0.40 per share per month, or $1.20 per share, were paid for Q4.
Headline financials
Revenue & EPS history
ARMOUR Residential REIT · Revenue · Quarterly
$251M
Forward guidance
On December 14, 2023, the Company announced guidance on its common share dividend rate of $0.24 per share and expected dividend yield in approximately the low to mid-teens (12% to 15%) as a percentage of book value for January 2024.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2023
-0.3%
Avg return
Earnings day
+0.1%
Avg return
5 days after
-2.6%
Avg return
30 days after
48%
31 / 64 earnings
Positive
+9.1%
Q2 2022
Best reaction
-12.1%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.3% | +0.3% | -5.7% | |
| Q4 2025 | -0.2% | +2.8% | -12.4% | |
| Q3 2025 | +1.1% | +3.3% | +5.3% | |
| Q1 2025 | -0.4% | +3.8% | -1.0% | |
| Q4 2024 | +1.6% | +0.2% | -0.6% | |
| Q3 2024 | -0.4% | -3.0% | -5.1% | |
| Q2 2024 | -5.5% | -3.7% | -5.9% | |
| Q1 2024 | -1.1% | -3.0% | +1.3% | |
| Q4 2023 | +4.8% | +3.9% | +2.0% | |
| Q3 2023 | -7.0% | -9.0% | +14.4% | |
| Q2 2023 | +0.2% | -1.4% | -6.2% | |
| Q1 2023 | +1.2% | -0.4% | -5.0% | |
| Q4 2022 | -1.0% | -1.0% | -19.4% | |
| Q3 2022 | +5.4% | +7.3% | +18.8% | |
| Q2 2022 | +9.1% | +10.8% | +2.4% | |
| Q1 2022 | +3.9% | +2.8% | +5.0% | |
| Q4 2021 | -2.1% | -0.1% | -3.9% | |
| Q3 2021 | -0.9% | +0.9% | -6.5% | |
| Q2 2021 | -6.6% | -5.0% | -4.4% | |
| Q1 2021 | -0.3% | +0.5% | -1.7% | |
| Q4 2020 | -4.4% | -1.2% | -0.6% | |
| Q3 2020 | +3.5% | +3.5% | +11.6% | |
| Q2 2020 | -2.4% | -4.6% | -1.6% | |
| Q1 2020 | -12.1% | -11.9% | -14.7% | |
| Q4 2019 | +4.0% | +0.4% | -61.6% | |
| Q3 2019 | -1.4% | -2.6% | -0.5% | |
| Q2 2019 | -3.4% | -3.8% | -10.1% | |
| Q1 2019 | -3.9% | -3.9% | -9.4% | |
| Q4 2018 | -1.3% | -1.7% | -8.0% | |
| Q3 2018 | +4.6% | +5.9% | +7.5% | |
| Q2 2018 | +2.4% | +3.3% | +2.9% | |
| Q1 2018 | -0.4% | -0.3% | +1.2% | |
| Q4 2017 | +0.6% | +1.4% | -0.7% | |
| Q3 2017 | -5.1% | -5.6% | -5.0% | |
| Q2 2017 | +0.9% | +1.0% | +6.4% | |
| Q1 2017 | +3.8% | +5.3% | +8.0% | |
| Q4 2016 | +1.9% | +0.5% | +2.5% | |
| Q3 2016 | +0.1% | +1.8% | -4.2% | |
| Q2 2016 | +3.3% | +5.1% | +1.7% | |
| Q1 2016 | -5.8% | — | — | |
| Q4 2015 | +2.6% | — | — | |
| Q3 2015 | +1.7% | — | — | |
| Q2 2015 | +6.4% | — | — | |
| Q1 2015 | -2.9% | — | — | |
| Q4 2014 | +1.9% | — | — | |
| Q3 2014 | -2.5% | — | — | |
| Q2 2014 | -0.9% | — | — | |
| Q1 2014 | -0.9% | — | — | |
| Q4 2013 | +1.2% | — | — | |
| Q3 2013 | -7.0% | — | — | |
| Q2 2013 | -4.6% | — | — | |
| Q1 2013 | -0.8% | — | — | |
| Q4 2012 | +0.9% | — | — | |
| Q3 2012 | -0.8% | — | — | |
| Q2 2012 | +2.3% | — | — | |
| Q4 2011 | +0.5% | — | — | |
| Q1 2011 | +0.6% | — | — | |
| Q1 2012 | +1.2% | — | — | |
| Q3 2011 | -1.2% | — | — | |
| Q4 2010 | -2.7% | — | — | |
| Q2 2011 | -2.7% | — | — | |
| Q3 2010 | +0.1% | — | — | |
| Q2 2010 | +0.3% | — | — | |
| Q1 2010 | +3.0% | — | — |
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