Company

ARMOUR Residential REIT, Inc.

Headquarters: Vero Beach, FL, United States

CEO: Mr. Jeffrey J. Zimmer

NYSE: ARR +0.21%

Market Cap

$1.02 Billion

USD as of July 1, 2024

Market Cap History

ARMOUR Residential REIT, Inc. market capitalization over time

Evolution of ARMOUR Residential REIT, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of ARMOUR Residential REIT, Inc.

Detailed Description

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.

Top 1-year algo backtest: +265.99%

$10,000 in October 2023 would now be $36,599 by following this algorithm daily at market close.

Use AI to boost your investing & swing trading, now!

Try Disfold DeepFinance FREE

Stocks & Indices

ARMOUR Residential REIT, Inc. has the following listings and related stock indices.


Stock: NYSE: ARR wb_incandescent

Stock: FSX: 2AR1 wb_incandescent

Details

Headquarters:

3001 Ocean Drive

Suite 201

Vero Beach, FL 32963

United States

Phone: 772-617-4340