OverviewSuggest Edit

ARMOUR Residential REIT invests in residential mortgage backed securities in the United States. The Company is managed by ARMOUR Capital Management LP. It invests primarily in fixed rate residential, adjustable rate, and hybrid adjustable rate residential mortgage-backed securities issued or guaranteed by the United States Government-sponsored enterprises (GSEs), or guaranteed by the Government National Mortgage Association. The Company 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.
TypePublic
Founded2008
HQVero Beach, US
Websitearmourreit.com

Latest Updates

Revenue (FY, 2018)$85.3 M(-72%)
Share Price (Oct 2019)$16.9

Key People/Management at ARMOUR Residential REIT

Robert C. Hain

Robert C. Hain

Director
John P. Hollihan

John P. Hollihan

Director
Stewart J. Paperin

Stewart J. Paperin

Director
Scott J. Ulm

Scott J. Ulm

Vice Chairman of the Board
Jeffrey J. Zimmer

Jeffrey J. Zimmer

Vice Chairman of the Board
Carolyn Downey

Carolyn Downey

Director
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ARMOUR Residential REIT Office Locations

ARMOUR Residential REIT has an office in Vero Beach
Vero Beach, US (HQ)
3001 Ocean Dr #201
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ARMOUR Residential REIT Financials and Metrics

ARMOUR Residential REIT Revenue

ARMOUR Residential REIT's revenue was reported to be $85.29 m in FY, 2018
USD

Revenue (Q1, 2019)

(43.9m)

Net income (Q1, 2019)

(114.4m)

EBIT (Q1, 2019)

33.8m

Market capitalization (16-Oct-2019)

994.7m

Closing stock price (16-Oct-2019)

16.9

Cash (31-Mar-2019)

167.4m
ARMOUR Residential REIT's current market capitalization is $994.7 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

311.5m85.3m

Sales and marketing expense

3.0m2.3m2.3m2.3m3.8m

Operating expense total

37.2m36.9m37.5m35.8m37.0m

EBIT

422.2m(179.0m)306.0m190.9m159.9m128.9m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

48.8m144.8m79.5m59.6m63.3m86.2m58.6m97.4m(43.9m)

Sales and marketing expense

1.9m712.0k734.0k684.0k613.0k575.0k543.0k518.0k588.0k530.0k477.0k496.0k511.0k977.0k995.0k1.0m787.0k

Operating expense total

9.7m9.9m9.5m9.0m9.1m9.2m9.4m9.6m9.3m9.1m8.7m9.4m8.5m9.5m9.4m9.4m9.5m

EBIT

94.5m108.3m94.7m92.3m85.4m77.8m71.2m59.3m46.9m41.3m40.5m39.5m39.6m36.2m30.1m32.3m33.8m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

496.5m494.6m289.9m271.8m265.2m221.7m

Accounts Receivable

42.0m41.9m34.5m18.5m

Inventories

Total Assets

15.7b16.3b13.1b8.0b8.9b8.5b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

496.5m588.8m433.1m542.8m473.8m363.2m276.5m243.3m389.4m401.8m194.5m412.1m299.9m216.5m335.5m266.7m167.4m

Total Assets

17.6b17.7b17.6b17.5b15.9b15.1b14.4b11.3b9.5b8.9b8.1b8.5b8.6b8.5b8.1b8.7b14.0b

Accounts Payable

938.0k4.6m6.5m5.3m5.8m6.3m6.0m

Dividends Payable

9.0k2.0k
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(187.0m)(179.0m)(31.2m)(45.5m)181.2m(106.0m)

Inventories

Accounts Payable

Cash From Operating Activities

370.4m(1.9m)238.3m(203.4m)110.1m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

(229.9m)(19.8m)(70.2m)54.1m(125.5m)72.5m(149.0m)(279.5m)(258.3m)(139.6m)52.7m82.4m44.7m58.3m106.0m(114.4m)

Accounts Payable

5.5m5.1m3.9m

Cash From Operating Activities

110.9m180.5m(208.7m)(245.3m)(171.7m)(5.0m)59.5m(607.0k)17.3m47.4m

Cash From Investing Activities

318.8m1.1b1.8b4.6b5.2b256.6m536.5m679.8m1.4b364.9m
USDY, 2019

Financial Leverage

9.4 x
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ARMOUR Residential REIT Online and Social Media Presence

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ARMOUR Residential REIT News and Updates

ARMOUR Residential REIT, Inc. Confirms October 2019 Dividend Rate per Common Share and Q4 2019 Monthly Dividend Rate per Series B Preferred Share

VERO BEACH, Fla., Oct. 01, 2019 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PB) (“ARMOUR” or the “Company”) today confirmed the October 2019 cash dividend for the Company’s Common Stock and the Q4 2019 monthly cash dividend rate for the Company’s Series B Preferred Stock.

ARMOUR Residential REIT, Inc. Announces Expected October 2019 Dividend of $0.17 Per Common Share

VERO BEACH, Florida, Sept. 24, 2019 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PB) (“ARMOUR” or the “Company”) today announced the October 2019 expected cash dividend for the Company’s Common Stock, which maintains the current monthly dividend rate of $0.17 per Common sha…

ARMOUR Residential REIT, Inc. Announces September 2019 Dividend of $0.17 Per Common Share

VERO BEACH, Florida, Aug. 26, 2019 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PB) (“ARMOUR” or the “Company”) today announced the September 2019 cash dividend for the Company’s Common Stock, which maintains the current monthly dividend rate of $0.17 per Common share.

ARMOUR Residential REIT, Inc. Second Quarter 2019 Webcast Scheduled For July 25, 2019

VERO BEACH, Fla., July 23, 2019 /PRNewswire/ -- ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR-PACL and ARR-PB) ("ARMOUR" or the "Company") announced today that it will provide an online, real-time webcast of its conference call with equity analysts covering second quarter 2019 operating...

ARMOUR Residential REIT, Inc. Announces Stock News: 8.25% Series A Preferred Stock — Full Redemption; 7.875% Series B Preferred Stock — 100,307 Shares Issued; 9,000,000 Share ATM; 2,500,000 Share DRIP; Common Stock — Expected July 2019 $0.17 Per Share Dividend Rate; 375,000 Shares Repurchased

VERO BEACH, Florida, June 24, 2019 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) (“ARMOUR” or the “Company”) announced today that it intends to redeem all 2,180,572 issued and outstanding shares of its 8.25% Series A Cumulative Redeemable Preferred Stock (NYSE:…

ARMOUR Residential REIT, Inc. Announces Increase In Common Stock Repurchase Program to 9,000,000 Shares; Company and Insiders Bought 348,000 Shares

VERO BEACH, Fla., June 04, 2019 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR, ARR PrA and ARR PrB) (“ARMOUR” or the “Company”) today announced that its board of directors has authorized an increase to its existing stock repurchase program of up to an aggregate of 9,000,000 shares o…
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ARMOUR Residential REIT Frequently Asked Questions

  • When was ARMOUR Residential REIT founded?

    ARMOUR Residential REIT was founded in 2008.

  • Who are ARMOUR Residential REIT key executives?

    ARMOUR Residential REIT's key executives are Robert C. Hain, John P. Hollihan and Stewart J. Paperin.

  • What is ARMOUR Residential REIT revenue?

    Latest ARMOUR Residential REIT annual revenue is $85.3 m.

  • Who are ARMOUR Residential REIT competitors?

    Competitors of ARMOUR Residential REIT include Ocwen, Canadian Imperial Bank of Commerce (CIBC) and Banco Bradesco.

  • Where is ARMOUR Residential REIT headquarters?

    ARMOUR Residential REIT headquarters is located at 3001 Ocean Dr #201, Vero Beach.

  • Where are ARMOUR Residential REIT offices?

    ARMOUR Residential REIT has an office in Vero Beach.

  • How many offices does ARMOUR Residential REIT have?

    ARMOUR Residential REIT has 1 office.