ARMOUR Residential REIT, Inc. (ARR)

NYSE: ARR · Real-Time Price · USD
19.51
-0.25 (-1.27%)
Oct 7, 2024, 4:00 PM EDT - Market closed
-1.27%
Market Cap 951.42M
Revenue (ttm) -59.35M
Net Income (ttm) -125.34M
Shares Out 48.77M
EPS (ttm) -2.61
PE Ratio n/a
Forward PE 4.95
Dividend $2.88 (14.76%)
Ex-Dividend Date Oct 15, 2024
Volume 1,365,176
Open 20.00
Previous Close 19.76
Day's Range 19.37 - 20.00
52-Week Range 13.32 - 21.93
Beta 1.50
Analysts Hold
Price Target 19.75 (+1.23%)
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]

Industry REIT - Mortgage
Sector Real Estate
Founded 2008
Country United States
Stock Exchange NYSE
Ticker Symbol ARR
Full Company Profile

Financial Performance

Financial Statements

Analyst 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 1.23% from the latest price.

Price Target
$19.75
(1.23% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

5 days ago - Seeking Alpha

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'...

6 days ago - GlobeNewsWire

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...

13 days ago - GlobeNewsWire

The High Yield Desert

I frequently discuss high-yield sectors like mortgage REITs, BDCs, and preferred shares, emphasizing the importance of knowing when not to buy. Preferred shares have rallied above targets, reducing bu...

17 days ago - Seeking Alpha

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...

25 days ago - Business Wire

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...

4 weeks ago - Business Wire

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...

4 weeks ago - Seeking Alpha

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...

5 weeks ago - GlobeNewsWire

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...

7 weeks ago - Seeking Alpha

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Seeking Alpha

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-...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

Altius Renewable Royalties Announces US$40MM Bridge Facility with Nova Clean Energy

ST. JOHN'S, Newfoundland--(BUSINESS WIRE)---- $ARR.TO #USsolar--Altius Renewable Royalties Corporation (“ARR”) (TSX:ARR, OTCQX: ATRWF) is pleased to announce that its jointly controlled subsidiary, Gr...

2 months ago - Business Wire

ARMOUR Residential REIT, Inc. Announces Q2 Results and June 30, 2024 Financial Position

VERO BEACH, Florida, July 24, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR PRC) (“ARMOUR” or the “Company”) today announced the Company's unaudited Q2 results and June 30,...

2 months ago - GlobeNewsWire

ARMOUR Residential REIT, Inc. Announces August 2024 Dividend Rate per Common Share

VERO BEACH, Florida, July 23, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced the August 2024 cash dividend for the Company's...

2 months ago - GlobeNewsWire

ARMOUR Residential REIT, Inc. Second Quarter 2024 Webcast Scheduled for July 25, 2024

VERO BEACH, Florida, July 23, 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...

2 months ago - GlobeNewsWire

Mortgage REITs Surging

After a terrible start to the year, mortgage REITs are hot in July. Don't tell ORC. They missed most of the rally. If only it was an opportunity to destroy book value. They're so good at that. Quick c...

2 months ago - Seeking Alpha

Altius Renewable Royalties Reports Q2 2024 Expected Proportionate Royalty Revenue(1) of US$1.5 million

ST. JOHN'S, Newfoundland--(BUSINESS WIRE)---- $ARR.TO #earningscall--Altius Renewable Royalties Corp. (TSX: ARR) (OTCQX: ATRWF) (“ARR”, the “Company”, or the “Corporation”), expects to report Q2 2024 ...

2 months ago - Business Wire

Readers Identify 30 Ideal June Dividend Buys Out Of 40 Nods

Prior to June 30, 2024, my REaders mentioned 40 equities in their comments on my articles. Some bad news investments (ROgues) mixed with (mostly) FAvorites. Thus, readers commented about the ReFa/Ro. ...

2 months ago - Seeking Alpha

12%+ Dividend Yields Duel

This is a head-to-head battle between two of the high yielders. Both are at least over 12%. This is a lesson in evaluating similar shares for differences in valuation. The emphasis here is on the chan...

3 months ago - Seeking Alpha

Armour Residential: Why The 14.8% Dividend Yield Could Dip

Armour Residential's dividend has declined by 61 cents per share since 2019, a 72% decrease over five years. The mREIT's book value has been decreasing, with the potential for more dilution as they co...

3 months ago - Seeking Alpha

Armour Residential: The 15% Yield Indicates Trouble May Be Brewing

Armour Residential is a real estate investment trust that primarily invests in mortgage-backed securities in the residential mortgage market. The company earns income from interest payments on the und...

3 months ago - Seeking Alpha

ARMOUR Residential REIT, Inc. Confirms July 2024 Common Share and Series C Preferred Share Dividends

VERO BEACH, Florida, July 01, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today confirmed the July 2024 cash dividend for the Company's C...

3 months ago - GlobeNewsWire