ARR

Armour Residential REIT
ARR
Market cap $964M

19.76 USD

-0.11

0.55%

At close Oct 4, 4:00 PM EDT

After hours

19.84

+0.08

0.4%

1 day

-0.55%

5 days

-3.66%

1 month

-3.23%

3 months

0.25%

6 months

1.44%

Year to date

4.66%

1 year

5.27%

5 years

-76.31%

About: ARMOUR Residential REIT Inc is a real estate investment trust that invests in residential mortgage-backed securities or RMBS. These are issued or guaranteed by U.S.-government-sponsored enterprises, such as Fannie Mae, Freddie Mac, or Ginnie Mae. The company's investment portfolio is composed of mortgage-backed securities, adjustable-rate mortgage securities, and multifamily mortgage-backed securities. In terms of total fair value, most Armour's investments are long-term, fixed-rate agency RMBS. Multifamily RMBS also represents a substantial amount. Fannie Mae guarantees most of the company's holdings. Armour derives substantially all its revenue as interest income from its investments.

Employees: 22

Financials Real Estate Investment Trusts

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

91% more call options, than puts

Call options by funds: $14.2M | Put options by funds: $7.42M

47% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 38

40% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 20

5% more funds holding

Funds holding: 149 [Q1] → 157 (+8) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

5% less capital invested

Capital invested by funds: $499M [Q1] → $476M (-$22.8M) [Q2]

18.39% less ownership

Funds ownership: 68.83% [Q1] → 50.43% (-18.39%) [Q2]

See Fund Rankings

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$21

6%

upside

Avg. target

$21

6%

upside

High target

$21

6%

upside

1 analyst rating

0 positive

0%

1 neutral

100%

0 negative

0%

B. Riley Securities

Matt Howlett

47% 1-year accuracy

8 / 17 met price target

6%upside

$21

Neutral

Maintained

29 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 7 articles about ARR published over the past 30 days

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 equity to preferred liquidation ratio provides additional security. With a stripped yield of 7.72%, ARR-C is a solid option if interest rates decline, though not a buy at current prices.

7.72% Preferred Share From Armour Residential

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'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.

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

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 the Company's Common Stock of $0.24 per Common share.

ARMOUR Residential REIT, Inc. Announces Guidance for October 2024 Dividend Rate per Common Share

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 buying opportunities, while common shares offer higher risks. Some offer upside, but others mostly offer downside. I'll kick off the weekend by highlighting one with a high valuation, as investors pay top dollar for earnings that are about to melt away.

The High Yield Desert

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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 Aggregator LP (the “Purchaser”) (an affiliate of Northampton Capital Partners, LLC (“NCPL” and together with its controlled affiliates, “Northampton”)) have entered into a definitive arrangement agreement (the “Arrangement Agreement”), whereby the Purchaser will acquire all of the issued and outstanding common shares of th.

Altius Renewable Royalties Enters into Arrangement Agreement with Northampton

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 and trading volumes in our common shares in the last week. ARR notes that it has been holding discussions with a third party about acquiring the minority shareholders' position (excluding Altius Minerals' position) at a targeted price of C$12.00 per share. As at the date hereof, no agreement has been reached and ther.

Altius Renewable Royalties Corp. Responds to Market Speculation

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 valuations, and enhanced systematic risk. The REIT can mitigate risks by shorting pay-fixed swaps. However, I'm unsure to what extent a better liability-level structure will protect Armour Residential's assets from lower mortgage rates.

Armour Residential: Backing Out Before Prepayment Risk Emerges (Downgrade)

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 Company's Common Stock.

ARMOUR Residential REIT, Inc. Announces September 2024 Dividend Rate Per Common Share

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