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
SymbolNYSE:ARR
CUSIP04231510
Phone772-617-4340
Debt
Debt-to-Equity RatioN/A
Current Ratio0.07
Quick Ratio0.07
Price-To-Earnings
Trailing P/E Ratio9.08
Forward P/E Ratio9.71
P/E GrowthN/A
Sales & Book Value
Annual Sales$311.54 million
Price / Sales3.20
Cash Flow$4.10 per share
Price / Cash5.80
Book Value$31.67 per share
Price / Book0.75
Profitability
EPS (Most Recent Fiscal Year)$2.62
Net Income$181.15 million
Net Margins48.96%
Return on Equity9.76%
Return on Assets1.46%
Miscellaneous
Employees19
Outstanding Shares41,930,000
Market Cap$983.63 million
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 declared a monthly dividend on Thursday, July 26th. Shareholders of record on Wednesday, August 15th will be paid a dividend of $0.19 per share on Tuesday, August 28th. This represents a $2.28 dividend on an annualized basis and a yield of 9.59%. The ex-dividend date of this dividend is Tuesday, August 14th. View ARMOUR Residential REIT's Dividend History.
How were ARMOUR Residential REIT's earnings last quarter?
ARMOUR Residential REIT, Inc. (NYSE:ARR) issued its quarterly earnings results on Wednesday, July, 25th. The real estate investment trust reported $0.65 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.60 by $0.05. The real estate investment trust earned $22.91 million during the quarter. ARMOUR Residential REIT had a return on equity of 9.76% and a net margin of 48.96%. 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 Wall Street analysts have issued 1-year target prices for ARMOUR Residential REIT's stock. Their forecasts range from $21.00 to $21.00. On average, they expect ARMOUR Residential REIT's share price to reach $21.00 in the next twelve months. This suggests that the stock has a possible downside of 11.7%. 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.
Who are some of ARMOUR Residential REIT's key competitors?
Some companies that are related to ARMOUR Residential REIT include Cousins Properties (CUZ), Blackstone Mortgage Trust (BXMT), CoreSite Realty (COR), Weingarten Realty Investors (WRI), Equity Commonwealth (EQC), Taubman Centers (TCO), LaSalle Hotel Properties (LHO), Healthcare Realty Trust (HR), RLJ Lodging Trust (RLJ), Paramount Group (PGRE), PS Business Parks (PSB), CHIMERA Invt Co/SH NEW (CIM), Eastgroup Properties (EGP), Education Realty Trust (EDR) and Uniti Group (UNIT).
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)
Has ARMOUR Residential REIT been receiving favorable news coverage?
News articles about ARR stock have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. ARMOUR Residential REIT earned a news and rumor sentiment score of 0.00 on Accern's scale. They also assigned news stories about the real estate investment trust an impact score of 46.59 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term. View Recent Headlines for ARMOUR Residential REIT.
Who are ARMOUR Residential REIT's major shareholders?
ARMOUR Residential REIT's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.74%), Global X Management Co LLC (2.13%), LSV Asset Management (1.66%), Bank of New York Mellon Corp (1.14%), Chicago Equity Partners LLC (0.98%) and Schwab Charles Investment Management Inc. (0.54%). 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 Creative Planning, Stevens Capital Management LP, Capital Fund Management S.A., California Public Employees Retirement System, Arizona State Retirement System, Nisa Investment Advisors LLC, Municipal Employees Retirement System of Michigan and IndexIQ Advisors LLC. 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 Renaissance Technologies LLC, Connor Clark & Lunn Investment Management Ltd., Laurion Capital Management LP, Global X Management Co LLC, MetLife Investment Advisors LLC, Ontario Teachers Pension Plan Board, LSV Asset Management and Cubist Systematic Strategies LLC. 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 $23.78.
How big of a company is ARMOUR Residential REIT?
ARMOUR Residential REIT has a market capitalization of $983.63 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.
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.
