Armour Residential REITARR
Market Cap: 1.07B
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
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
200% more funds holding in top 10
Funds holding in top 10: 0 [Q4 2023] → 2 (+2) [Q1 2024]
29% more call options, than puts
Call options by funds: $12.3M | Put options by funds: $9.51M
12.83% more ownership
Funds ownership: 53.84% [Q4 2023] → 66.68% (+12.83%) [Q1 2024]
5% less funds holding
Funds holding: 152 [Q4 2023] → 145 (-7) [Q1 2024]
5% less capital invested
Capital invested by funds: $510M [Q4 2023] → $483M (-$26.4M) [Q1 2024]
13% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 47
23% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 30
Research analyst outlook
We haven’t received any recent analyst ratings for ARR.
Financial journalist opinion
Based on 16 articles about ARR published over the past 30 days