Profile
Sector:
Real EstateIndustry:
MortgageCountry:
United StatesIPO:
03 December 2007Website:
http://www.armourreit.comNext earnings report:
26 July 2024Last dividends:
17 June 2024Next dividends:
15 July 2024Price
after hours | 60 min agoAnalysts recommendations
Institutional Ownership
ARR Latest News
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 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.
Strong jobs report dampens hopes for near-term rate cuts. Net lease real estate investment strategy may not yield the same results as in the past. ARMOUR Residential REIT Series C Preferred offers potential for capital appreciation with lower rates.
BWB, CCJ and ARR have been added to the Zacks Rank #5 (Strong Sell) List on June 14, 2024.
ST. JOHN'S, Newfoundland--(BUSINESS WIRE)---- $ARR.TO #energy--Altius Renewable Royalties Corp. (TSX: ARR) (OTCQX: ATRWF) (“ARR” or the “Company”), is today reporting that all resolutions presented at its May 22, 2024 Annual and Special Meeting of Shareholders were approved by shareholders. A total of 27,606,034 shares were voted, representing 89.7% of the total common shares issued and outstanding. ARR thanks its shareholders for the record high voting participation rate. Detailed results of the election of direc.
DDD, ARR, and CAR were included in the Zacks Rank #5 (Strong Sell) List on May 2, 2023.
Most of these stocks will be publicly traded soon, or are already trading. We are also recommending a common stock that offers a high yield and discount to book value, but with increased risk. Additionally, we will discuss a lower-risk equity REIT that I believe is attractive after its recent drop in value.
The old saying “what goes down must come back up again” has numerous counterpoints if applied to the stock market. Many believe that mean-reversion is inevitable.
Armour Residential REIT (ARR) closed the most recent trading day at $19.34, moving -0.05% from the previous trading session.
In the most recent trading session, Armour Residential REIT (ARR) closed at $19.77, indicating a +0.82% shift from the previous trading day.
Armour Residential REIT's share price has had a tough year in 2023 and over the past decade. ARR's dividend yield is currently near 15%, but the annual dividend has fallen significantly over the past decade. Leadership changes have taken place, but it remains uncertain if this will lead to significant improvements for the company.
What type of business is ARMOUR Residential REIT?
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, as well as 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 incorporated in 2008 and is based in Vero Beach, Florida.
What sector is ARMOUR Residential REIT in?
ARMOUR Residential REIT is in the Real Estate sector
What industry is ARMOUR Residential REIT in?
ARMOUR Residential REIT is in the Mortgage industry
What country is ARMOUR Residential REIT from?
ARMOUR Residential REIT is headquartered in United States
When did ARMOUR Residential REIT go public?
ARMOUR Residential REIT initial public offering (IPO) was on 03 December 2007
What is ARMOUR Residential REIT website?
https://www.armourreit.com
Is ARMOUR Residential REIT in the S&P 500?
No, ARMOUR Residential REIT is not included in the S&P 500 index
Is ARMOUR Residential REIT in the NASDAQ 100?
No, ARMOUR Residential REIT is not included in the NASDAQ 100 index
Is ARMOUR Residential REIT in the Dow Jones?
No, ARMOUR Residential REIT is not included in the Dow Jones index
When does ARMOUR Residential REIT report earnings?
The next expected earnings date for ARMOUR Residential REIT is 26 July 2024