NYSE$ARR
ARMOUR Residential REIT Inc · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
ARMOUR Residential REIT reported a net loss for common stockholders, a decrease in book value per common share, and a negative total economic return for Q4 2024.
ARMOUR Residential REIT, Inc. announced its Q4 2024 results, reporting a GAAP net loss of $49.4 million, or $(0.83) per common share. The company's book value per common share decreased to $19.07 from $20.76 in the prior quarter, and it experienced a total economic return of (4.67)% for the quarter. Despite the loss, the company generated $46.5 million in distributable earnings and raised $136.2 million in capital through common stock issuance.
- GAAP net loss related to common stockholders was $(49.4) million, or $(0.83) per common share.
- Book value per common share decreased to $19.07 from $20.76 at September 30, 2024.
- Total economic return for Q4 2024 was (4.67)%.
- Distributable Earnings available to common stockholders were $46.5 million, representing $0.78 per common share.
Headline financials
Revenue & EPS history
ARMOUR Residential REIT · Revenue · Quarterly
$12.7M
Forward guidance
ARMOUR Residential REIT, Inc. has declared future common and preferred stock dividends, maintaining its monthly payment schedule. The company's Board of Directors will continue to evaluate dividend rates based on financial performance, REIT tax requirements, and market conditions.
Tailwinds
- Declared common stock dividends of $0.24 per share payable in February and March 2025.
- Declared Series C Preferred Stock dividends of $0.14583 per share payable in February and March 2025.
- The company aims to maintain its REIT tax status by timely distributing ordinary REIT taxable income.
- Future dividend rates will be determined based on a comprehensive evaluation of company results and market conditions.
- The company will provide an online webcast of its Q4 2024 operating results conference call for equity analysts.
Headwinds
- No specific negative forward guidance was provided in the report.
- Future dividend rates are subject to change based on market conditions.
- The company's financial performance will continue to influence dividend decisions.
- Maintaining REIT status requires specific income distribution, which could limit retained earnings.
- The report does not provide explicit financial targets or projections for future periods.
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 2024
-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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