ARMOUR Residential REIT, Inc. invests in residential mortgage backed securities (MBS) in the United States. The company's 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. It 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. The company 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. ARMOUR Residential REIT, Inc. was founded in 2008 and is based in Vero Beach, Florida.
IPO Year:
Exchange: NYSE
Website: armourreit.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/6/2024 | $20.00 | Neutral | Janney |
| 12/6/2023 | $18.50 | Neutral | UBS |
| 3/10/2022 | $10.00 → $9.00 | Neutral | Credit Suisse |
| 2/22/2022 | $11.00 → $9.50 | Neutral | B. Riley Securities |
| 10/28/2021 | Buy → Hold | JonesTrading | |
| 7/28/2021 | $11.00 → $10.25 | Neutral | Credit Suisse |
| 7/14/2021 | $11.50 | Neutral | B. Riley Securities |
4 - Armour Residential REIT, Inc. (0001428205) (Issuer)
4 - Armour Residential REIT, Inc. (0001428205) (Issuer)
4 - Armour Residential REIT, Inc. (0001428205) (Issuer)
4 - Armour Residential REIT, Inc. (0001428205) (Issuer)
4 - Armour Residential REIT, Inc. (0001428205) (Issuer)
4 - Armour Residential REIT, Inc. (0001428205) (Issuer)
4 - Armour Residential REIT, Inc. (0001428205) (Issuer)
4 - Armour Residential REIT, Inc. (0001428205) (Issuer)
4 - Armour Residential REIT, Inc. (0001428205) (Issuer)
4 - Armour Residential REIT, Inc. (0001428205) (Issuer)
4 - Armour Residential REIT, Inc. (0001428205) (Issuer)
4 - Armour Residential REIT, Inc. (0001428205) (Issuer)
VERO BEACH, Florida, March 15, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced that Jeffrey J. Zimmer will retire as Co-Chief Executive Officer, President, Vice Chair and director of the Company. Mr. Zimmer has agreed to serve as an ex-officio, non-voting special advisor to the Board of Directors of the Company. Mr. Zimmer will also continue serving as a Co-Managing Member of ARMOUR Capital Management LP, ARMOUR's external manager ("ACM"), to advise on finance, lending and trading activities, including capital markets strategies, funding, repurchase lending and ARMOUR's mortgage-backed securities (MBS) portfolio. Daniel C. Stat
VERO BEACH, Florida, March 13, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced the appointment of Vice President of Finance and Controller Gordon Harper as Chief Financial Officer and Secretary, effective March 11, 2024. He will remain Controller of the Company. Mr. Harper succeeds James Mountain, who was removed as Chief Financial Officer and Secretary. Mr. Harper has served as the Vice President of Finance and Controller for the Company as well as its external manager, ARMOUR Capital Management LP, since 2015. He became a named executive officer of the Company in February 2017. Prior to ARMOUR, Mr. Harper spent 25 years at D
VERO BEACH, Florida, Oct. 23, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced the Company's unaudited Q3 results and September 30, 2024 financial position. ARMOUR's Q3 2024 Results GAAP net income available to common stockholders of $62.9 million or $1.21 per common share.Net interest income of $1.8 million.Distributable Earnings available to common stockholders of $52.0 million, which represents $1.00 per common share (see explanation of this non-GAAP measure on page 4).Average interest income on interest earning assets of 4.89% and interest cost on average interest bearing liabilities of 5.51%.Eco
VERO BEACH, Florida, Oct. 22, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced the November 2024 cash dividend for the Company's Common Stock. November 2024 Common Stock Dividend Information Month Dividend Holder of Record Date Payment DateNovember 2024 $0.24 November 15, 2024 November 27, 2024 Certain Tax Matters ARMOUR has elected to be taxed as a real estate investment trust ("REIT") for U.S. Federal income tax purposes. In order to maintain this tax status, ARMOUR is required to timely distribute substantially all of its ordinary REIT taxable income. Dividends paid in excess of current tax earnings and profits for th
VERO BEACH, Florida, Oct. 22, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") announced today that it will provide an online, real‑time webcast of its conference call with equity analysts covering third quarter 2024 operating results on Thursday, October 24, 2024. The Company will issue its third quarter 2024 earnings release after the close of trading on Wednesday, October 23, 2024. The live broadcast will be available on October 24, 2024, beginning at 10:00 a.m. (Eastern Time) at https://event.choruscall.com/mediaframe/webcast.html?webcastid=TevbtPU5. The online replay will be available on the Company's website www.armourreit.com and contin
VERO BEACH, Florida, Oct. 01, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today confirmed the October 2024 cash dividend for the Company's Common Stock, consistent with the previous guidance which the Company released on September 24, 2024. The Company also confirmed the Q4 2024 monthly cash dividend rate for the Company's Series C Preferred Stock. October 2024 Common Stock Dividend Information Month Dividend Holder of Record Date Payment DateOctober 2024 $0.24 October 15, 2024 October 30, 2024 Q4 2024 Series C Preferred Stock Dividend Information Month Dividend Holder of Record Date Payment DateOctober 2024 $0.14583 October 15, 2024 Octob
VERO BEACH, Florida, Sept. 24, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced guidance on the October 2024 cash dividend for the Company's Common Stock of $0.24 per Common share. October 2024 Common Stock Dividend Information Month Dividend Holder of Record Date Payment DateOctober 2024 $0.24 October 15, 2024 October 30, 2024 Certain Tax MattersARMOUR has elected to be taxed as a real estate investment trust ("REIT") for U.S. Federal income tax purposes. In order to maintain this tax status, ARMOUR is required to timely distribute substantially all of its ordinary REIT taxable income. Dividends paid in excess of current tax e
VERO BEACH, Florida, Aug. 29, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced the September 2024 cash dividend for the Company's Common Stock. September 2024 Common Stock Dividend Information Month Dividend Holder of Record Date Payment DateSeptember 2024 $0.24 September 16, 2024 September 27, 2024 Certain Tax Matters ARMOUR has elected to be taxed as a real estate investment trust ("REIT") for U.S. Federal income tax purposes. In order to maintain this tax status, ARMOUR is required to timely distribute substantially all of its ordinary REIT taxable income. Dividends paid in excess of current tax earnings and profits f
VERO BEACH, Florida, July 24, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced the Company's unaudited Q2 results and June 30, 2024 financial position. ARMOUR's Q2 2024 Results GAAP net loss related to common stockholders of $(51.3) million or $(1.05) per common share.Net interest income of $7.0 million.Distributable Earnings available to common stockholders of $52.5 million, which represents $1.08 per common share (see explanation of this non-GAAP measure on page 4).Average interest income on interest earning assets of 5.00% and interest cost on average interest bearing liabilities of 5.52%.Economic interest income was 4.74% l
VERO BEACH, Florida, July 23, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced the August 2024 cash dividend for the Company's Common Stock. August 2024 Common Stock Dividend Information Month Dividend Holder of Record Date Payment DateAugust 2024 $0.24 August 15, 2024 August 29, 2024 Certain Tax Matters ARMOUR has elected to be taxed as a real estate investment trust ("REIT") for U.S. Federal income tax purposes. In order to maintain this tax status, ARMOUR is required to timely distribute substantially all of its ordinary REIT taxable income. Dividends paid in excess of current tax earnings and profits for the year will gener
VERO BEACH, Florida, July 23, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") announced today that it will provide an online, real‑time webcast of its conference call with equity analysts covering second quarter 2024 operating results on Thursday, July 25, 2024. The Company will issue its second quarter 2024 earnings release after the close of trading on Wednesday, July 24, 2024. The live broadcast will be available on July 25, 2024, beginning at 8:00 a.m. (Eastern Time) at https://event.choruscall.com/mediaframe/webcast.html?webcastid=sQCKRL45. The online replay will be available on the Company's website www.armourreit.com and continue for
VERO BEACH, Florida, July 01, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today confirmed the July 2024 cash dividend for the Company's Common Stock, consistent with the previous guidance which the Company released on June 24, 2024. The Company also confirmed the Q3 2024 monthly cash dividend rate for the Company's Series C Preferred Stock. July 2024 Common Stock Dividend Information Month Dividend Holder of Record Date Payment DateJuly 2024 $0.24 July 15, 2024 July 30, 2024 Q3 2024 Series C Preferred Stock Dividend Information Month Dividend Holder of Record Date Payment DateJuly 2024 $0.14583 July 15, 2024 July 29, 2024August 2024
VERO BEACH, Florida, Oct. 23, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced the Company's unaudited Q3 results and September 30, 2024 financial position. ARMOUR's Q3 2024 Results GAAP net income available to common stockholders of $62.9 million or $1.21 per common share.Net interest income of $1.8 million.Distributable Earnings available to common stockholders of $52.0 million, which represents $1.00 per common share (see explanation of this non-GAAP measure on page 4).Average interest income on interest earning assets of 4.89% and interest cost on average interest bearing liabilities of 5.51%.Eco
VERO BEACH, Florida, Oct. 22, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced the November 2024 cash dividend for the Company's Common Stock. November 2024 Common Stock Dividend Information Month Dividend Holder of Record Date Payment DateNovember 2024 $0.24 November 15, 2024 November 27, 2024 Certain Tax Matters ARMOUR has elected to be taxed as a real estate investment trust ("REIT") for U.S. Federal income tax purposes. In order to maintain this tax status, ARMOUR is required to timely distribute substantially all of its ordinary REIT taxable income. Dividends paid in excess of current tax earnings and profits for th
VERO BEACH, Florida, Oct. 22, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") announced today that it will provide an online, real‑time webcast of its conference call with equity analysts covering third quarter 2024 operating results on Thursday, October 24, 2024. The Company will issue its third quarter 2024 earnings release after the close of trading on Wednesday, October 23, 2024. The live broadcast will be available on October 24, 2024, beginning at 10:00 a.m. (Eastern Time) at https://event.choruscall.com/mediaframe/webcast.html?webcastid=TevbtPU5. The online replay will be available on the Company's website www.armourreit.com and contin
VERO BEACH, Florida, Oct. 01, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today confirmed the October 2024 cash dividend for the Company's Common Stock, consistent with the previous guidance which the Company released on September 24, 2024. The Company also confirmed the Q4 2024 monthly cash dividend rate for the Company's Series C Preferred Stock. October 2024 Common Stock Dividend Information Month Dividend Holder of Record Date Payment DateOctober 2024 $0.24 October 15, 2024 October 30, 2024 Q4 2024 Series C Preferred Stock Dividend Information Month Dividend Holder of Record Date Payment DateOctober 2024 $0.14583 October 15, 2024 Octob
VERO BEACH, Florida, Sept. 24, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced guidance on the October 2024 cash dividend for the Company's Common Stock of $0.24 per Common share. October 2024 Common Stock Dividend Information Month Dividend Holder of Record Date Payment DateOctober 2024 $0.24 October 15, 2024 October 30, 2024 Certain Tax MattersARMOUR has elected to be taxed as a real estate investment trust ("REIT") for U.S. Federal income tax purposes. In order to maintain this tax status, ARMOUR is required to timely distribute substantially all of its ordinary REIT taxable income. Dividends paid in excess of current tax e
VERO BEACH, Florida, Aug. 29, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced the September 2024 cash dividend for the Company's Common Stock. September 2024 Common Stock Dividend Information Month Dividend Holder of Record Date Payment DateSeptember 2024 $0.24 September 16, 2024 September 27, 2024 Certain Tax Matters ARMOUR has elected to be taxed as a real estate investment trust ("REIT") for U.S. Federal income tax purposes. In order to maintain this tax status, ARMOUR is required to timely distribute substantially all of its ordinary REIT taxable income. Dividends paid in excess of current tax earnings and profits f
VERO BEACH, Florida, July 24, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced the Company's unaudited Q2 results and June 30, 2024 financial position. ARMOUR's Q2 2024 Results GAAP net loss related to common stockholders of $(51.3) million or $(1.05) per common share.Net interest income of $7.0 million.Distributable Earnings available to common stockholders of $52.5 million, which represents $1.08 per common share (see explanation of this non-GAAP measure on page 4).Average interest income on interest earning assets of 5.00% and interest cost on average interest bearing liabilities of 5.52%.Economic interest income was 4.74% l
VERO BEACH, Florida, July 23, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced the August 2024 cash dividend for the Company's Common Stock. August 2024 Common Stock Dividend Information Month Dividend Holder of Record Date Payment DateAugust 2024 $0.24 August 15, 2024 August 29, 2024 Certain Tax Matters ARMOUR has elected to be taxed as a real estate investment trust ("REIT") for U.S. Federal income tax purposes. In order to maintain this tax status, ARMOUR is required to timely distribute substantially all of its ordinary REIT taxable income. Dividends paid in excess of current tax earnings and profits for the year will gener
VERO BEACH, Florida, July 23, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") announced today that it will provide an online, real‑time webcast of its conference call with equity analysts covering second quarter 2024 operating results on Thursday, July 25, 2024. The Company will issue its second quarter 2024 earnings release after the close of trading on Wednesday, July 24, 2024. The live broadcast will be available on July 25, 2024, beginning at 8:00 a.m. (Eastern Time) at https://event.choruscall.com/mediaframe/webcast.html?webcastid=sQCKRL45. The online replay will be available on the Company's website www.armourreit.com and continue for
VERO BEACH, Florida, July 01, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today confirmed the July 2024 cash dividend for the Company's Common Stock, consistent with the previous guidance which the Company released on June 24, 2024. The Company also confirmed the Q3 2024 monthly cash dividend rate for the Company's Series C Preferred Stock. July 2024 Common Stock Dividend Information Month Dividend Holder of Record Date Payment DateJuly 2024 $0.24 July 15, 2024 July 30, 2024 Q3 2024 Series C Preferred Stock Dividend Information Month Dividend Holder of Record Date Payment DateJuly 2024 $0.14583 July 15, 2024 July 29, 2024August 2024
8-K - Armour Residential REIT, Inc. (0001428205) (Filer)
10-Q - Armour Residential REIT, Inc. (0001428205) (Filer)
8-K - Armour Residential REIT, Inc. (0001428205) (Filer)
8-K - Armour Residential REIT, Inc. (0001428205) (Filer)
8-K - Armour Residential REIT, Inc. (0001428205) (Filer)
8-K - Armour Residential REIT, Inc. (0001428205) (Filer)
8-K - Armour Residential REIT, Inc. (0001428205) (Filer)
8-K - Armour Residential REIT, Inc. (0001428205) (Filer)
424B5 - Armour Residential REIT, Inc. (0001428205) (Filer)
8-K - Armour Residential REIT, Inc. (0001428205) (Filer)
SC 13G/A - Armour Residential REIT, Inc. (0001428205) (Subject)
SC 13G - Armour Residential REIT, Inc. (0001428205) (Subject)
SC 13G/A - Armour Residential REIT, Inc. (0001428205) (Subject)
SC 13G/A - Armour Residential REIT, Inc. (0001428205) (Subject)
SC 13G/A - Armour Residential REIT, Inc. (0001428205) (Subject)
SC 13G - Armour Residential REIT, Inc. (0001428205) (Subject)
SC 13G/A - Armour Residential REIT, Inc. (0001428205) (Subject)
SC 13G/A - Armour Residential REIT, Inc. (0001428205) (Subject)
SC 13G/A - Armour Residential REIT, Inc. (0001428205) (Subject)
SC 13G/A - Armour Residential REIT, Inc. (0001428205) (Subject)
Janney initiated coverage of ARMOUR Residential REIT with a rating of Neutral and set a new price target of $20.00
UBS initiated coverage of ARMOUR Residential REIT with a rating of Neutral and set a new price target of $18.50
Credit Suisse reiterated coverage of ARMOUR Residential REIT with a rating of Neutral and set a new price target of $9.00 from $10.00 previously
B. Riley Securities reiterated coverage of ARMOUR Residential REIT with a rating of Neutral and set a new price target of $9.50 from $11.00 previously
JonesTrading downgraded ARMOUR Residential REIT from Buy to Hold
Credit Suisse reiterated coverage of ARMOUR Residential REIT with a rating of Neutral and set a new price target of $10.25 from $11.00 previously
B. Riley Securities initiated coverage of ARMOUR Residential REIT with a rating of Neutral and set a new price target of $11.50
JonesTrading reiterated coverage of ARMOUR Residential REIT with a rating of Buy and set a new price target of $13.00 from $11.00 previously
Ladenburg Thalmann downgraded ARMOUR Residential REIT from Buy to Neutral
ARMOUR Residential REIT (NYSE:ARR) reported quarterly earnings of $1.08 per share which beat the analyst consensus estimate of $0.99 by 9.09 percent.
ARMOUR Residential REIT's (NYSE:ARR) short percent of float has fallen 18.04% since its last report. The company recently reported that it has 3.66 million shares sold short, which is 10.54% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.2 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Shor
ARMOUR Residential REIT (NYSE:ARR) reported quarterly earnings of $0.82 per share which missed the analyst consensus estimate of $0.97 by 15.46 percent. This is a 39.26 percent decrease over earnings of $1.35 per share from the same period last year. The company reported quarterly sales of $5.30 million which missed the analyst consensus estimate of $65.82 million by 91.95 percent. This is a 55.83 percent decrease over sales of $12.00 million the same period last year.
JMP Securities analyst Trevor Cranston reiterates ARMOUR Residential REIT (NYSE:ARR) with a Market Perform.
JMP Securities analyst Trevor Cranston reiterates ARMOUR Residential REIT (NYSE:ARR) with a Market Perform.
ARMOUR Residential REIT's (NYSE:ARR) short percent of float has risen 6.72% since its last report. The company recently reported that it has 3.80 million shares sold short, which is 8.74% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.99 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short
ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced guidance on the April 2024 cash dividend for the Company's Common Stock of $0.24 per Common share. April 2024 Common Stock Dividend InformationMonthDividendHolder of Record DatePayment DateApril 2024$0.24April 15, 2024April 29, 2024
ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced the appointment of Vice President of Finance and Controller Gordon Harper as Chief Financial Officer and Secretary, effective March 11, 2024. He will remain Controller of the Company
ARMOUR Residential REIT's (NYSE:ARR) short percent of float has risen 24.49% since its last report. The company recently reported that it has 4.28 million shares sold short, which is 9.81% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.12 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short