ARR

Armour Residential REIT (ARR) reported quarterly earnings of $0.71 per share, missing the consensus estimate of $0.73, though it beat revenue expectations at $83.74 million. The stock has underperformed the S&P 500 by 41% year-to-date and carries a Zacks Rank #3 (Hold) rating. The REIT industry ranks in the bottom 18% of Zacks industries.

Annaly Capital Management (NLY) reported Q3 2026 earnings available for distribution of 80 cents per share, beating consensus estimates of 77 cents, with net interest income climbing to $543.6 million. However, the company faced headwinds including a decline in book value per share to $17.86, increased GAAP leverage to 8.0X, and a substantial net loss of $1.04 billion. The company maintained dividend coverage at 1.07X and continued active hedging and capital-raising strategies amid volatile fixed-income markets.

AGNC Investment Corp. experienced a contraction in its net interest spread to 1.86% in Q3 2026 as higher funding costs outpaced asset yield improvements. While the company's large portfolio and declining mortgage prepayment rates offer some support, elevated leverage and tight dividend coverage remain concerns. The mortgage REIT sector broadly faces profitability pressures from interest rate volatility.