Armour Residential REIT, Inc. has released its monthly update for August 2025, providing key data and portfolio information as of July 31, 2025. Let's dive into the metrics to see how the company has fared since the last period.
As of July 31, 2025, the common stock price stood at $16.31. The debt-equity ratio was reported at 8.0, indicating the company's leverage. Notably, the implied leverage was 8.3, showing a slight increase from the previous period.
Total liquidity as of the same date amounted to $850.4 million, representing 48% of total capital. This figure provides insight into the company's ability to meet its short-term obligations and pursue potential opportunities.
In terms of dividend information, the common dividend for August 2025 was $0.24. The ex-dividend date was listed as August 15, 2025, with the pay date set for August 29, 2025. These figures reflect the company's commitment to delivering returns to its shareholders.
Moving to the portfolio, the composition as of July 31, 2025, revealed that agency CMBS accounted for 4.5% of the portfolio, valued at $713.63 million. The effective duration using current values was also provided, offering insights into interest rate risk and price sensitivity.
Additionally, the company detailed its repo composition, with Buckler Securities LLC providing $7,143 million, representing 50.9% of the repo positions with Armour. The weighted average remaining term for these positions was 13 days, indicating the time left until these obligations are due.
Furthermore, Armour's interest rate swaps were outlined, showing the maturity months, notional amounts, weighted average remaining terms, and rates. These figures provide a glimpse into the company's hedging and liquidity strategies to manage interest rate and MBS price risk.
The market has reacted to these announcements by moving the company's shares -1.5% to a price of $15.06. For more information, read the company's full 8-K submission here.
