as 05-20-2024 10:33am EST
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.
Founded: | 2008 | Country: | United States |
Employees: | N/A | City: | VERO BEACH |
Market Cap: | 930.2M | IPO Year: | N/A |
Target Price: | $19.25 | AVG Volume (30 days): | 1.1M |
Analyst Decision: | Hold | Number of Analysts: | 3 |
Dividend Yield: | 15.00% | Dividend Payout Frequency: | Monthly |
EPS: | -0.24 | EPS Growth: | N/A |
52 Week Low/High: | $13.32 - $27.00 | Next Earning Date: | 04-25-2024 |
Revenue: | $31,949,000 | Revenue Growth: | N/A |
Revenue Growth (this year): | N/A | Revenue Growth (next year): | 1907.37% |
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