ARMOUR Residential REIT, Inc. invests in residential mortgage backed securities in the United States. The company is managed by ARMOUR Capital Management LP. Its securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable rate home loans, as well as unsecured notes and bonds issued by the GSE and the United States treasuries; and money market instruments. The company also invests in other securities backed by residential mortgages for which the payment of principal and interest is not guaranteed by a GSE or government agency. ARMOUR Residential REIT, Inc. has elected to be taxed as a real estate investment trust under the Internal Revenue Code. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. The company was founded in 2008 and is based in Vero Beach, Florida.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryMortgage REITs
SectorFinance
Current SymbolNYSE:ARR
Previous Symbol
CUSIP04231510
Phone772-617-4340
Debt
Debt-to-Equity RatioN/A
Current Ratio0.06
Quick Ratio0.06
Price-To-Earnings
Trailing P/E Ratio8.42
Forward P/E Ratio8.44
P/E GrowthN/A
Sales & Book Value
Annual Sales$311.54 million
Price / Sales2.98
Cash Flow$4.0183 per share
Price / Cash Flow5.46
Book Value$31.67 per share
Price / Book0.69
Profitability
EPS (Most Recent Fiscal Year)$2.62
Net Income$181.15 million
Net Margins50.37%
Return on Equity9.85%
Return on Assets1.44%
Miscellaneous
Employees19
Outstanding Shares42,340,000
Market Cap$936.04 million
OptionableOptionable
ARMOUR Residential REIT (NYSE:ARR) Frequently Asked Questions
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 Tuesday, November 27th. Shareholders of record on Monday, December 17th will be paid a dividend of $0.19 per share on Thursday, December 27th. This represents a $2.28 annualized dividend and a dividend yield of 10.39%. The ex-dividend date of this dividend is Friday, December 14th. View ARMOUR Residential REIT's Dividend History.
How were ARMOUR Residential REIT's earnings last quarter?
ARMOUR Residential REIT, Inc. (NYSE:ARR) posted its earnings results on Wednesday, October, 24th. The real estate investment trust reported $0.64 EPS for the quarter, topping the Zacks' consensus estimate of $0.61 by $0.03. The real estate investment trust earned $57.06 million during the quarter. ARMOUR Residential REIT had a return on equity of 9.85% and a net margin of 50.37%. View ARMOUR Residential REIT's Earnings History.
When is ARMOUR Residential REIT's next earnings date?
What price target have analysts set for ARR?
1 brokerages have issued twelve-month price objectives for ARMOUR Residential REIT's stock. Their predictions range from $21.00 to $21.00. On average, they expect ARMOUR Residential REIT's share price to reach $21.00 in the next year. This suggests that the stock has a possible downside of 4.3%. View Analyst Price Targets for ARMOUR Residential REIT.
What is the consensus analysts' recommendation for ARMOUR Residential REIT?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ARMOUR Residential REIT in the last year. There are currently 1 sell rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for ARMOUR Residential REIT.
Has ARMOUR Residential REIT been receiving favorable news coverage?
News coverage about ARR stock has been trending somewhat positive recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. ARMOUR Residential REIT earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near future.
Who are some of ARMOUR Residential REIT's key competitors?
Some companies that are related to ARMOUR Residential REIT include Hammerson (HMSNF), Weingarten Realty Investors (WRI), Eastgroup Properties (EGP), CHIMERA INVT CO/SH NEW (CIM), Two Harbors Investment (TWO), Apple Hospitality REIT (APLE), CoreSite Realty (COR), LaSalle Hotel Properties (LHO), Cousins Properties (CUZ), Uniti Group (UNIT), Sabra Health Care REIT (SBRA), RLJ Lodging Trust (RLJ), National Health Investors (NHI), Paramount Group (PGRE) and Taubman Centers (TCO).
Who are ARMOUR Residential REIT's key executives?
ARMOUR Residential REIT's management team includes the folowing people:
- Mr. Jeffrey J. Zimmer, Co-CEO, Co-Vice Chairman & Pres (Age 61)
- Mr. Scott J. Ulm, Co-CEO, Co-Vice Chairman & Chief Risk Officer (Age 60)
- Mr. James Robert Mountain, CFO, Treasurer & Sec. (Age 59)
- Mr. Mark Richard Gruber, COO & Chief Investment Officer (Age 42)
- Mr. Gordon M. Harper, VP of Fin. & Controller (Age 51)
Who are ARMOUR Residential REIT's major shareholders?
ARMOUR Residential REIT's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.46%), Vanguard Group Inc. (9.49%), Mirae Asset Global Investments Co. Ltd. (2.30%), LSV Asset Management (1.63%), Bank of New York Mellon Corp (1.21%) and Allianz Asset Management GmbH (1.09%). Company insiders that own ARMOUR Residential REIT stock include Gordon Harper, James R Mountain, Jeffrey J Zimmer, Mark Gruber, Robert C Hain and Scott Ulm. View Institutional Ownership Trends for ARMOUR Residential REIT.
Which institutional investors are selling ARMOUR Residential REIT stock?
ARR stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Morgan Stanley, Creative Planning, Connor Clark & Lunn Investment Management Ltd., Credit Suisse AG, TIAA CREF Investment Management LLC and LSV Asset Management. View Insider Buying and Selling for ARMOUR Residential REIT.
Which institutional investors are buying ARMOUR Residential REIT stock?
ARR stock was purchased by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd., BlackRock Inc., Allianz Asset Management GmbH, Renaissance Technologies LLC, SG Americas Securities LLC, Vanguard Group Inc., Wells Fargo & Company MN and Bank of New York Mellon Corp. Company insiders that have bought ARMOUR Residential REIT stock in the last two years include Gordon Harper, James R Mountain, Jeffrey J Zimmer, Mark Gruber and Scott Ulm. View Insider Buying and Selling for ARMOUR Residential REIT.
How do I buy shares of ARMOUR Residential REIT?
Shares of ARR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is ARMOUR Residential REIT's stock price today?
One share of ARR stock can currently be purchased for approximately $21.94.
How big of a company is ARMOUR Residential REIT?
ARMOUR Residential REIT has a market capitalization of $936.04 million and generates $311.54 million in revenue each year. The real estate investment trust earns $181.15 million in net income (profit) each year or $2.62 on an earnings per share basis. ARMOUR Residential REIT employs 19 workers across the globe.
What is ARMOUR Residential REIT's official website?
How can I contact ARMOUR Residential REIT?
ARMOUR Residential REIT's mailing address is 3001 OCEAN DRIVE SUITE 201, VERO BEACH FL, 32963. The real estate investment trust can be reached via phone at 772-617-4340 or via email at [email protected]
MarketBeat Community Rating for ARMOUR Residential REIT (NYSE ARR)
MarketBeat's community ratings are surveys of what our community members think about ARMOUR Residential REIT and other stocks. Vote "Outperform" if you believe ARR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ARR will underperform the S&P 500 over the long term. You may vote once every thirty days.
