What is ARMOUR Residential REIT's stock symbol?
ARMOUR Residential REIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARR."
How often does ARMOUR Residential REIT pay dividends? What is the dividend yield for ARMOUR Residential REIT?
ARMOUR Residential REIT announced a monthly dividend on Wednesday, January 25th. Stockholders of record on Wednesday, February 15th will be paid a dividend of $0.19 per share on Monday, February 27th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 10.50%. The ex-dividend date of this dividend is Monday, February 13th.
Where is ARMOUR Residential REIT's stock going? Where will ARMOUR Residential REIT's stock price be in 2017?
6 brokerages have issued 12 month target prices for ARMOUR Residential REIT's stock. Their forecasts range from $16.00 to $24.00. On average, they anticipate ARMOUR Residential REIT's stock price to reach $20.96 in the next twelve months.
When will ARMOUR Residential REIT announce their earnings?
ARMOUR Residential REIT is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.
What are analysts saying about ARMOUR Residential REIT stock?
Here are some recent quotes from research analysts about ARMOUR Residential REIT stock:
According to Zacks Investment Research, "ARMOUR Residential REIT, Inc. invests primarily in residential mortgage-backed securities issued or guaranteed by a United States Government-chartered entity. " (1/10/2017)
National Securities analysts commented, "2Q16 Recap: Armour Residential REIT (ARR) reported 2Q16 core EPS of $0.63 versus consensus of $0.71 and our estimate of $0.70. Book value per share was up 4.8% Q/Q to $25.71 from the accretive purchase of Javelin and the continued moves downward in interest rates coupled with derivative positions being reduced. We expect another quarter of book value appreciation before it continues its previous trajectory – down. We expect an economic gain of 3.7% for 2016 and then an economic loss of 1.9% in 2017 from anticipated declines in book value. D/E (debt-to-equity) decreased to 7.0x in 2Q16 from 9.1x the quarter prior. The par mix of the portfolio was 11.6% non-agency as of 6/30/16 and we expect this to increase to 19.1% by year-end 2016 and to 27.0% by year-end 2017. We expect leverage to range from 6.0x – 6.3x from 3Q16 through 4Q17. All-in effective yield will be 3.23% in 2016 and 3.47% in 2017, in our opinion, from 2.80% in 2015. While the non-agency yields are significantly higher, we expect spread compression to continue in both agency and non-agency assets which will likely weigh on NIM (net interest margin) and core earnings. We are revising our 2016 core EPS estimate from $2.83 to $2.66 and our 2017 core EPS estimate from $2.70 to $2.63. We are reiterating our SELL rating and $16 price target. Our $16 price target implies an estimated 2017 Price/Core Net Income (P/E) of 6.1x, dividend yield of 16.5%, and Price/Book Value (P/B) of 0.70x compared to the mREIT sector averages of 8.6x, 10.6%, and 0.80x, respectively. " (8/8/2016)
Ladenburg Thalmann Financial Services analysts commented, "no longer find the valuation compelling."The company trades at 0.82x book value at the end of the quarter and 0.79x book value at the end of April. The Credit/Hybrid group trades at 0.81x book value. ARR yields 13.2 percent, which compares to the group at 13.4 percent," (5/4/2016)
Who owns ARMOUR Residential REIT stock?
ARMOUR Residential REIT's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (2.14%), Allianz Asset Management AG (1.10%), Renaissance Technologies LLC (0.46%), Van ECK Associates Corp (0.36%), Guggenheim Capital LLC (0.35%) and Two Sigma Investments LP (0.28%). Company insiders that own ARMOUR Residential REIT stock include Carolyn Downey, James R Mountain, Jeffrey J Zimmer and Scott Ulm.
Who sold ARMOUR Residential REIT stock? Who is selling ARMOUR Residential REIT stock?
ARMOUR Residential REIT's stock was sold by a variety of institutional investors in the last quarter, including GSA Capital Partners LLP and Systematic Financial Management LP.
Who bought ARMOUR Residential REIT stock? Who is buying ARMOUR Residential REIT stock?
ARMOUR Residential REIT's stock was purchased by a variety of institutional investors in the last quarter, including Allianz Asset Management AG, Renaissance Technologies LLC, Two Sigma Investments LP, Guggenheim Capital LLC, AQR Capital Management LLC, State Street Corp, Van ECK Associates Corp and Ladenburg Thalmann Financial Services Inc.. Company insiders that have bought ARMOUR Residential REIT stock in the last two years include Carolyn Downey, James R Mountain, Jeffrey J Zimmer and Scott Ulm.
How do I buy ARMOUR Residential REIT stock?
Shares of ARMOUR Residential REIT can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of ARMOUR Residential REIT stock cost?
One share of ARMOUR Residential REIT stock can currently be purchased for approximately $21.71.