ARMOUR Residential REIT Company Profile (NYSE:ARR)

ARMOUR Residential REIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARR."

ARMOUR Residential REIT announced a monthly dividend on Tuesday, June 27th. Investors of record on Monday, July 17th will be paid a dividend of $0.19 per share on Thursday, July 27th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 9.05%. The ex-dividend date of this dividend is Thursday, July 13th. View ARMOUR Residential REIT's Dividend History.

ARMOUR Residential REIT, Inc. (NYSE:ARR) announced its earnings results on Monday, May, 1st. The company reported $0.69 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.62 by $0.07. The business had revenue of $61.42 million for the quarter, compared to the consensus estimate of $34.92 million. ARMOUR Residential REIT had a return on equity of 9.69% and a net margin of 108.49%. During the same quarter in the prior year, the business earned $0.72 earnings per share. View ARMOUR Residential REIT's Earnings History.

ARMOUR Residential REIT is scheduled to release their next quarterly earnings announcement on Monday, July, 31st 2017. View Earnings Estimates for ARMOUR Residential REIT.

5 equities research analysts have issued 12-month price targets for ARMOUR Residential REIT's shares. Their predictions range from $16.00 to $24.00. On average, they anticipate ARMOUR Residential REIT's stock price to reach $20.96 in the next year. View Analyst Ratings for ARMOUR Residential REIT.

Here are some recent quotes from research analysts about ARMOUR Residential REIT stock:

• 1. 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)
• 2. 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)

Some companies that are related to ARMOUR Residential REIT include Associated Estates Realty (AEC), New Senior Investment Group (SNR), Independence Realty Trust (IRT), Altisource Residential Corporation (RESI), UMH Properties (UMH), Campus Crest Communities (CCG), NexPoint Residential Trust (NXRT), NexPoint Residential Trust (NXRT), American Residential Properties (ARPI), Preferred Apartment Communities (APTS), Bluerock Residential Growth REIT (BRG), Bluerock Residential Growth REIT (BRG), Colony Capital (CLNY), Home Properties (HME), Post Properties (PPS) and Silver Bay Realty Trust Corp (SBY).

ARMOUR Residential REIT's management team includes the folowing people:

• Jeffrey J. Zimmer, Co-Vice Chairman of the Board, President, Co-Chief Executive Officer
• Scott J. Ulm, Co-Chief Executive Officer, Co-Vice Chairman of the Board, Chief Investment Officer and Head of Risk Management
• James R. Mountain, Chief Financial Officer, Treasurer, Secretary
• Mark R. Gruber, Chief Operating Officer, Head - Portfolio Management
• Gordon M. Harper, Vice President, Controller, Executive Officer
• Daniel C. Staton, Non-Executive Chairman of the Board
• Thomas K. Guba, Lead Independent Director
• Marc H. Bell, Director
• Carolyn Downey, Independent Director
• Robert C. Hain, Independent Director

ARMOUR Residential REIT's stock is owned by a number of of retail and institutional investors. Top institutional investors include Creative Planning (0.28%), Ranger Global Real Estate Advisors LLC (0.17%), Bank of Montreal Can (0.16%), Nisa Investment Advisors LLC (0.13%), Fox Run Management L.L.C. (0.05%) and Aperio Group LLC (0.03%). Company insiders that own ARMOUR Residential REIT stock include James R Mountain, Jeffrey J Zimmer, Mark Gruber and Scott Ulm. View Institutional Ownership Trends for ARMOUR Residential REIT.

ARMOUR Residential REIT's stock was sold by a variety of institutional investors in the last quarter, including Creative Planning. View Insider Buying and Selling for ARMOUR Residential REIT.

ARMOUR Residential REIT's stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Fox Run Management L.L.C., Nisa Investment Advisors LLC, Aperio Group LLC and Meeder Asset Management Inc.. Company insiders that have bought ARMOUR Residential REIT stock in the last two years include James R Mountain, Jeffrey J Zimmer, Mark Gruber and Scott Ulm. View Insider Buying and Selling for ARMOUR Residential REIT.

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.

One share of ARMOUR Residential REIT stock can currently be purchased for approximately $25.19.