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 Ratio0.05
Quick Ratio0.05
Price-To-Earnings
Trailing P/E Ratio8.81
Forward P/E Ratio9.42
P/E GrowthN/A
Sales & Book Value
Annual Sales$311.54 million
Price / Sales3.10
Cash Flow$4.0350 per share
Price / Cash5.72
Book Value$31.67 per share
Price / Book0.73
Profitability
EPS (Most Recent Fiscal Year)$2.62
Net Income$181.15 million
Net Margins53.83%
Return on Equity9.16%
Return on Assets1.38%
Miscellaneous
Employees19
Outstanding Shares41,900,000
Market Cap$969.63
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 Tuesday, June 26th. Investors of record on Monday, July 16th will be given a dividend of $0.19 per share on Friday, July 27th. This represents a $2.28 annualized dividend and a yield of 9.88%. The ex-dividend date of this dividend is Friday, July 13th. 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 data on Monday, April, 30th. The real estate investment trust reported $0.66 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.63 by $0.03. The real estate investment trust earned $54.21 million during the quarter. ARMOUR Residential REIT had a net margin of 53.83% and a return on equity of 9.16%. 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 analysts have issued 1-year price objectives for ARMOUR Residential REIT's stock. Their forecasts range from $22.00 to $22.00. On average, they expect ARMOUR Residential REIT's stock price to reach $22.00 in the next year. This suggests that the stock has a possible downside of 4.7%. View Analyst Ratings 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."
Who are some of ARMOUR Residential REIT's key competitors?
Some companies that are related to ARMOUR Residential REIT include LaSalle Hotel Properties (LHO), Equity Commonwealth (EQC), Paramount Group (PGRE), Taubman Centers (TCO), Healthcare Realty Trust (HR), Blackstone Mortgage Trust (BXMT), CHIMERA Invt Co/SH NEW (CIM), PS Business Parks (PSB), Eastgroup Properties (EGP), Education Realty Trust (EDR), Uniti Group (UNIT), The GEO Group (GEO), Colony NorthStar (CLNS), National Health Investors (NHI) and Potlatchdeltic (PCH).
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?
Headlines about ARR stock have been trending positive on Saturday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. ARMOUR Residential REIT earned a daily sentiment score of 0.39 on Accern's scale. They also gave media coverage about the real estate investment trust an impact score of 49.35 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
Who are ARMOUR Residential REIT's major shareholders?
ARMOUR Residential REIT's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Creative Planning (0.11%), Nisa Investment Advisors LLC (0.09%) and Municipal Employees Retirement System of Michigan (0.04%). Company insiders that own ARMOUR Residential REIT stock include Gordon Harper, James R Mountain, Jeffrey J Zimmer, Mark Gruber and Scott Ulm. View Institutional Ownership Trends for ARMOUR Residential REIT.
Which institutional investors are selling ARMOUR Residential REIT stock?
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 $23.08.
How big of a company is ARMOUR Residential REIT?
ARMOUR Residential REIT has a market capitalization of $969.63 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.
