ARMOUR Residential REIT(ARR)
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10% Yields Or Higher
Seeking Alpha· 2024-04-18 23:56
Justin Paget We're going to focus on a few shares for income investors. NLY-F The first share is Annaly Capital Management, Inc. 6.95% PFD SER F, or NLY-F (NLY.PR.F). NLY-F offers investors an attractive yield at 10.66%. Shares appear to be trading above the call value of $25. However, they already have a significant amount of dividend accrual for the quarter. Consequently, the stripped price would actually be lower than $24.80. Some investors may also look at NLY-G (NLY.PR.G). However, NLY-G is less at ...
Bearish Blades: 3 Falling Knives to Dodge in 2024
InvestorPlace· 2024-04-08 18:45
The old saying “what goes down must come back up again” has numerous counterpoints if applied to the stock market. Many believe that mean-reversion is inevitable. However, that is simply not the case, as asymmetrical downside is a frequent occurrence in the financial markets.Considering the above, we as investors must be diligent in our research process to avoid falling knife stocks. Alternatively, we could look for falling knife stocks to short.Presented here are three falling knife stocks to avoid or shor ...
Armour Residential REIT: New Leadership Doesn't Hint Improvement
Seeking Alpha· 2024-03-22 07:13
ferrantraite ARMOUR Residential REIT (NYSE:ARR) share prices had a tough year in 2023 and over the past decade. ARR Price History (Seeking Alpha) In spite of this, the shares currently boast a near-15% dividend yield. With FY 2023 results out through their latest 10-K and announcements last week of leadership changes, it seemed a good time for a more up-to-date look at the shares. Financial History Being a REIT, ARMOUR's main draw for investors is the dividend income its shares provide. This is provided by ...
ARMOUR Residential REIT, Inc. Names Sergey Losyev and Desmond Macauley as Co-Chief Investment Officers
Newsfilter· 2024-03-18 21:55
VERO BEACH, Florida, March 18, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced the promotions of Sergey Losyev and Desmond Macauley to Co-Chief Investment Officers (CIO), effective March 18, 2024. Mr. Macauley will also serve as ARMOUR's Head of Risk Management. Mr. Losyev and Mr. Macauley succeed Mark Gruber, who stepped down. Mr. Losyev joined ARMOUR in 2016 and has served as Deputy Chief Investment Officer since January 2020. Prior to ARMOUR, ...
ARMOUR Residential REIT, Inc. Announces Retirement of Founder and Co-CEO Jeffrey J. Zimmer
Newsfilter· 2024-03-15 22:40
VERO BEACH, Florida, March 15, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced that Jeffrey J. Zimmer will retire as Co-Chief Executive Officer, President, Vice Chair and director of the Company. Mr. Zimmer has agreed to serve as an ex-officio, non-voting special advisor to the Board of Directors of the Company. Mr. Zimmer will also continue serving as a Co-Managing Member of ARMOUR Capital Management LP, ARMOUR's external manager ("ACM"), to adv ...
ARMOUR Residential REIT(ARR) - 2023 Q4 - Annual Report
2024-03-14 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-34766 ARMOUR RESIDENTIAL REIT, INC. (Exact name of registrant as specified in its charter) Maryland 26-1908763 (State or other jurisdiction of i ...
ARMOUR Residential REIT, Inc. Announces Chief Financial Officer Transition
Newsfilter· 2024-03-13 22:55
VERO BEACH, Florida, March 13, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced the appointment of Vice President of Finance and Controller Gordon Harper as Chief Financial Officer and Secretary, effective March 11, 2024. He will remain Controller of the Company. Mr. Harper succeeds James Mountain, who was removed as Chief Financial Officer and Secretary. Mr. Harper has served as the Vice President of Finance and Controller for the Company as well ...
Here's Why Armour Residential REIT (ARR) Gained But Lagged the Market Today
Zacks Investment Research· 2024-03-07 23:55
In the latest market close, Armour Residential REIT (ARR) reached $19.36, with a +0.21% movement compared to the previous day. The stock lagged the S&P 500's daily gain of 1.03%. On the other hand, the Dow registered a gain of 0.34%, and the technology-centric Nasdaq increased by 1.51%.The the stock of real estate investment trust has risen by 4.49% in the past month, lagging the Finance sector's gain of 4.69% and overreaching the S&P 500's gain of 3.21%.Market participants will be closely following the fin ...
Armour Residential REIT (ARR) Stock Slides as Market Rises: Facts to Know Before You Trade
Zacks Investment Research· 2024-03-01 23:51
Armour Residential REIT (ARR) closed the most recent trading day at $19.73, moving -0.35% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.8%. Meanwhile, the Dow gained 0.23%, and the Nasdaq, a tech-heavy index, added 1.14%.The real estate investment trust's stock has climbed by 1.18% in the past month, falling short of the Finance sector's gain of 3.96% and the S&P 500's gain of 5.2%.The investment community will be paying close attention to the earnings per ...
ARMOUR Residential REIT, Inc. Announces Updated Estimated Book Value
Newsfilter· 2024-03-01 21:21
VERO BEACH, Florida, March 01, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced that as of February 29, 2024, the Company estimated that book value per common share was between $20.96 and $21.06. About ARMOUR Residential REIT, Inc. ARMOUR invests primarily in fixed rate residential, adjustable rate and hybrid adjustable rate residential mortgage-backed securities issued or guaranteed by U.S. Government-sponsored enterprises or guaranteed by the Go ...