ARMOUR Residential REIT, Inc. (ARR)
| Market Cap | 1.03B |
| Revenue (ttm) | 185.09M |
| Net Income (ttm) | 119.71M |
| Shares Out | 55.76M |
| EPS (ttm) | 2.41 |
| PE Ratio | 7.66 |
| Forward PE | 4.51 |
| Dividend | $2.88 (15.63%) |
| Ex-Dividend Date | Nov 15, 2024 |
| Volume | 1,840,573 |
| Open | 18.76 |
| Previous Close | 18.81 |
| Day's Range | 18.23 - 18.76 |
| 52-Week Range | 16.79 - 21.93 |
| Beta | 1.51 |
| Analysts | Hold |
| Price Target | 19.75 (+7.16%) |
| Earnings Date | Oct 23, 2024 |
About ARR
ARMOUR Residential REIT, Inc. invests in residential mortgage-backed securities (MBS) in the United States. 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; and unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments. The company has elected to be taxed as a real estate inves... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for ARR stock is "Hold." The 12-month stock price forecast is $19.75, which is an increase of 7.16% from the latest price.
News
Altius Renewable Royalties Reports Voting Results from November 19 2024 Special Meeting of Shareholders
ST. JOHN'S, Newfoundland and Labrador--(BUSINESS WIRE)---- $ARR.TO #northampton--Altius Renewable Royalties Corp. (TSX: ARR) (OTCQX: ATRWF) (“ARR” or the “Company”), is pleased to announce that the sh...
Altius Renewable Royalties Reports Positive Recommendations from ISS and Glass Lewis to vote FOR the Arrangement Resolution
ST. JOHN'S, Newfoundland and Labrador--(BUSINESS WIRE)---- $ARR.TO #energy--Altius Renewable Royalties (TSX:ARR) (OTCQX: ATRWF) (“ARR” or the “Company”) is pleased to report that leading independent p...
Altius Renewable Royalties Reports Q3 2024 Financial Results
ST. JOHN'S, Newfoundland--(BUSINESS WIRE)---- $ARR.TO #renewable--Altius Renewable Royalties Corp. (TSX: ARR) (OTCQX: ATRWF) (“ARR” or the “Corporation”) is today reporting its financial results for t...
This Stock Has A 14.85% Yield And Sells For Less Than Book
ARMOUR Residential REIT has been named as a Top 10 Real Estate Investment Trust (REIT), according to Dividend Channel, which published its most recent ''DividendRank'' report. The report noted that am...
Altius Renewable Royalties Files Meeting Materials Concerning Arrangement Agreement with Northampton
ST. JOHN'S, Newfoundland and Labrador--(BUSINESS WIRE)---- $ARR.TO #altiusrenewable--Altius Renewable Royalties Corp. (TSX:ARR) (OTCQX:ATRWF) (“ARR” or the “Company”) is pleased to announce that it ha...
ARMOUR Residential REIT, Inc. (ARR) Q3 2024 Earnings Call Transcript
ARMOUR Residential REIT, Inc. (NYSE:ARR) Q3 2024 Earnings Conference Call October 24, 2024 10:00 AM ET Company Participants Scott Ulm - Chief Executive Officer Gordon Harper - Chief Financial Officer...
ARMOUR Residential REIT, Inc. Announces Q3 Results and September 30, 2024 Financial Position
VERO BEACH, Florida, Oct. 23, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR PRC) (“ARMOUR” or the “Company”) today announced the Company's unaudited Q3 results and Septembe...
ARMOUR Residential REIT, Inc. Announces November 2024 Dividend Rate per Common Share
VERO BEACH, Florida, Oct. 22, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced the November 2024 cash dividend for the Company...
ARMOUR Residential REIT, Inc. Third Quarter 2024 Webcast Scheduled for October 24, 2024
VERO BEACH, Florida, Oct. 22, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) announced today that it will provide an online, real‑time webca...
Armour Residential Preferred C: On The Path To Par
The Fed's rate cuts and economic data suggest a favorable environment for high-yield REIT preferred stocks like Armour Residential REIT 7.0% Series C Preferred. ARR.PR.C offers a 7.5% yield and potent...
7.72% Preferred Share From Armour Residential
ARR-C preferred shares offer a low-risk investment with a fixed-rate and monthly dividends, making them suitable for buy-and-hold investors. The current price is slightly high, but the strong common e...
ARMOUR Residential REIT, Inc. Confirms October 2024 Common Share and Series C Preferred Share Dividends
VERO BEACH, Florida, Oct. 01, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today confirmed the October 2024 cash dividend for the Company'...
ARMOUR Residential REIT, Inc. Announces Guidance for October 2024 Dividend Rate per Common Share
VERO BEACH, Florida, Sept. 24, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced guidance on the October 2024 cash dividend for...
Altius Renewable Royalties Enters into Arrangement Agreement with Northampton
ST. JOHN'S, Newfoundland--(BUSINESS WIRE)---- $ARR.TO #energy--Altius Renewable Royalties Corp. (TSX:ARR) (OTCQX:ATRWF) (“ARR” or the “Company”) is pleased to announce that the Company and Royal Aggre...
Altius Renewable Royalties Corp. Responds to Market Speculation
ST. JOHN'S, Newfoundland--(BUSINESS WIRE)---- $ARR.TO #energy--Altius Renewable Royalties Corp. (TSX: ARR) (OTCQX: ATRWF) ("ARR") is providing the disclosure below after observing unusual price action...
Armour Residential: Backing Out Before Prepayment Risk Emerges (Downgrade)
Armour Residential REIT Inc.'s year-to-date performance is commendable, but lower mortgage rates have introduced headwinds. Lower mortgage rates may lead to higher prepayment rates, lower asset valuat...
ARMOUR Residential REIT, Inc. Announces September 2024 Dividend Rate Per Common Share
VERO BEACH, Florida, Aug. 29, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced the September 2024 cash dividend for the Compan...
ARMOUR Residential: Book Value To Rise As Mortgage Spreads Decline (Rating Upgrade)
From late 2020 to last year, I had a bearish outlook on most agency MBS mortgage REITs, given their leveraged exposure to devaluing assets. The spread between mortgage and Treasury rates appears to ha...
Behavox Reports Strong Q2 2024 Results: Record ARR and Sustained Profitability
NEW YORK--(BUSINESS WIRE)--Behavox, a leading provider of AI-driven compliance solutions, today announced its financial results for the second quarter of 2024, highlighting significant achievements an...
Altius Renewable Royalties Reports Q2 2024 Financial Results
ST. JOHN'S, Newfoundland and Labrador--(BUSINESS WIRE)---- $ARR.TO #earningscall--Altius Renewable Royalties Corp. (TSX: ARR) (OTCQX: ATRWF) (“ARR” or the “Corporation”), is pleased to report its fina...
Assessing Armour Residential's Performance For Q2 2024
Minor underperformance in quarterly BV fluctuation (1.6% below our prediction, down 8% from prior quarter). Modest to notable outperformance in core earnings/EAD ($0.096 variance). ARR sacrificed BV f...
81 Monthly Paid Dividend Stocks And 80 MoPay Funds For July
Imagine stocks and funds paying you dividends monthly! Unlike waiting for quarterly, semi-annual, or (ugh) annual payouts, your angst awaiting money is reduced 300%, or more! These July U.S. exchange-...
ARMOUR Residential REIT, Inc. (ARR) Q2 2024 Earnings Call Transcript
ARMOUR Residential REIT, Inc. (NYSE:ARR) Q2 2024 Earnings Conference Call July 25, 2024 8:00 AM ET Company Participants Scott Ulm - Chief Executive Officer Gordon Harper - Chief Financial Officer Des...