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. The company was incorporated in 2008 and is based in Vero Beach, Florida.
Frequently asked questions
What sector does ARMOUR Residential REIT Inc (2AR1) operate in?
ARMOUR Residential REIT Inc belongs to the Financials sector and operates in the REIT - Mortgage industry.
What is ARMOUR Residential REIT Inc (2AR1) current stock price?
As of the latest data, ARMOUR Residential REIT Inc stock price is €4.48, with a previous close of €4.39. ARMOUR Residential REIT Inc gained €0.09 in the last trading session, representing a 2.14% increase.
What is ARMOUR Residential REIT Inc (2AR1) current market capitalization?
ARMOUR Residential REIT Inc market cap is approximately 212.77 million.
What is ARMOUR Residential REIT Inc (2AR1) Earnings Per Share (EPS)?
The trailing EPS is -€3.46, and the forward EPS is €1.10.
Does ARMOUR Residential REIT Inc (2AR1) pay dividends?
No. ARMOUR Residential REIT Inc does not pay a dividend.
What is ARMOUR Residential REIT Inc (2AR1) beta (volatility) score?
ARMOUR Residential REIT Inc has a beta of 1.229, suggesting it is more volatile than the market.
