Stonegate Capital Partners Updates Coverage on Armour Residential REIT, Inc. (NYSE: ARR) 1Q26

<p class='reportable-dateline'><strong>DALLAS, TX -- April 24, 2026</strong></p><p class='reportable-excerpt'>DALLAS, TX -- April 24th, 2026 -- Armour Residential REIT, Inc. (NYSE: ARR): Stonegate Capital Partners Updates Coverage on Armour Residential REIT, Inc. (NYSE: ARR). ARR reported a net loss available to common shareholders of $(58.0)M, or $(0.49)/share, as stronger carry income was more than offset by quarter-end mark-to-market pressure across the portfolio. Net interest income improved to $70.7M, but this was outweighed by a $(182.6)M loss on Agency securities and a $(10.6)M loss on U.S. Treasuries, partially offset by $83.0M of derivative gains. The primary drag in the quarter was the 6.5% decline in book value to $17.42/share, resulting in (2.6)% total economic return, reflecting the impact of wider spreads and weaker MBS pricing late in the period.</p><p>To view the full announcement, including downloadable images, bios, and more, <a href='https://stonegateinc.reportablenews.com/pr/stonegate-capital-partners-updates-coverage-on-armour-residential-reit-inc-nyse-arr-q126' class='reportable-link'>click here</a>.</p><div class='reportable-key-takeaways'><h3>Key Takeaways:</h3><ul><li>Core earnings power improved despite mark-to-market pressure. ARR’s headline loss was driven by spread-driven marks, but distributable earnings rose to $0.76/share and economic spread widened to 1.84%.</li><li>Dividend coverage moved back above the line. The $0.72 quarterly dividend was covered by distributable earnings, lowering the payout ratio to ~95% from ~101% in 4Q25.</li><li>Liquidity and Agency-heavy positioning support flexibility. ARR ended with $1.1B of liquidity, an Agency-focused portfolio, and continued capital access, preserving deployment capacity despite book value pressure.</li></ul></div><a href='https://stonegateinc.reportablenews.com/pr/stonegate-capital-partners-updates-coverage-on-armour-residential-reit-inc-nyse-arr-q126'><img src='https://cdn.filestackcontent.com/DC7lY9nORe6q1aESt5Kb' class='reportable-featured-image' /><p align='center'><i>Click image above to view full announcement.</i></p></a><hr class='company-boilerplate-rule' style='border: 0; border-top: 1px solid rgba(0,0,0,0.1);'><p class='company-boilerplate'><div><strong>About Stonegate<br></strong>Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking services for public and private companies.</div></p><div class='reportable-contacts'><h3>Contacts:</h3><p class='reportable-contact'>Stonegate Capital Partners<br>(214) 987-4121 <br><a href='mailto:info@stonegateinc.com'>info@stonegateinc.com</a></p></div><p>Source: <a href='https://stonegateinc.reportablenews.com/'>Stonegate, Inc.</a></p><p>Distributed by: <a href='https://reportablenews.com'>Reportable, Inc.</a></p>