ARMOUR Residential REIT, Inc. logo ARR - ARMOUR Residential REIT, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 5
HOLD 15
SELL 5
STRONG
SELL
0
| PRICE TARGET: $18.25 DETAILS
HIGH: $18.50
LOW: $18.00
MEDIAN: $18.25
CONSENSUS: $18.25
UPSIDE: 10.14%

About ARMOUR Residential REIT, Inc. (https://www.armourreit.com)

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.

Key Executives

NAME TITLE DOB SALARY
Desmond Macauley Co-Chief Investment Officer & Head of Risk Management 1970
Gordon Harper Chief Financial Officer & Secretary 1967
Lasse Kokko Vice President of Finance & Controller
Scott Jeffrey Ulm Chief Executive Officer and Vice Chairman 1958
Sergey Losyev Co-Chief Investment Officer 1981
Shane Rand Head of Trading & Senior Portfolio Manager

Company Peers

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