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: $15.00 DETAILS
HIGH: $18.00
LOW: $13.00
MEDIAN: $14.00
CONSENSUS: $15.00
DOWNSIDE: 9.69%

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

ARMOUR Residential REIT, Inc. (ARR), founded in 2008 and based in Vero Beach, Florida, primarily allocates its capital to residential mortgage-backed securities (MBS) within the United States. Its investment holdings predominantly comprise MBS that are either issued or guaranteed by U.S. Government-sponsored entities (GSEs) and the Government National Mortgage Association (GNMA. These securities are underpinned by various home loans, including fixed-rate, hybrid adjustable-rate, and adjustable-rate mortgages. The company's portfolio also encompasses unsecured debt instruments and bonds from GSEs, U.S. Treasury securities, and money market funds. Furthermore, ARR invests in other residential mortgage-backed securities where the principal and interest payments lack a guarantee from a GSE or other government agency. As a Real Estate Investment Trust (REIT) under the Internal Revenue Code, the company benefits from an exemption from corporate income tax on the portion of its net earnings that is distributed to its shareholders.

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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