ARMOUR Residential REIT(ARR)

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ARMOUR Residential REIT, Inc. Announces Retirement of Founder and Co-CEO Jeffrey J. Zimmer
Newsfilter· 2024-03-15 22:40
Executive Changes - Jeffrey J Zimmer retires as Co-CEO, President, Vice Chair and director of ARMOUR Residential REIT but will continue as a special advisor to the Board and Co-Managing Member of ARMOUR Capital Management LP [1] - Zimmer will advise on finance, lending, trading activities, capital markets strategies, funding, repurchase lending and the company's MBS portfolio [1] - Daniel C Staton, Chairman of ARMOUR, praised Zimmer's leadership in founding and growing the company over 15 years [2] - Scott Ulm, CEO of ARMOUR, expressed appreciation for Zimmer's contributions and looks forward to continuing to work with him [2] - Zimmer stated that building ARMOUR alongside Ulm has been the highlight of his career and expressed confidence in Ulm's leadership [3] Company Overview - ARMOUR Residential REIT primarily invests in fixed rate, adjustable rate and hybrid adjustable rate residential mortgage-backed securities issued or guaranteed by US Government-sponsored enterprises or GNMA [4] - The company is externally managed and advised by ARMOUR Capital Management LP, an SEC-registered investment advisor [4]
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 ...
ARMOUR Residential REIT, Inc. (ARR) is Attracting Investor Attention: Here is What You Should Know
Zacks Investment Research· 2024-03-01 15:01
Armour Residential REIT (ARR) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this real estate investment trust have returned +1.2%, compared to the Zacks S&P 500 composite's +5.2% change. During this period, the Zacks REIT and Equity Trust industry, which Armour Residential REIT falls in, has lost 1.5%. The key question now is: What ...
ARMOUR Residential REIT, Inc. Announces Preliminary Unaudited Q4 Results and December 31, 2023 Financial Position
Newsfilter· 2024-02-14 22:26
VERO BEACH, Florida, Feb. 14, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced the Company's preliminary unaudited fourth quarter 2023 ("Q4") results and December 31, 2023 financial position. ARMOUR's Q4 2023 Results Income attributable to common stockholders of $96.6 million or $1.96 per common share.Net interest income of $5.8 million.Distributable Earnings available to common stockholders of $52.4 million, which represents $1.07 per common shar ...
ARMOUR Residential REIT, Inc. Announces March 2024 Dividend Rate Per Common Share
Newsfilter· 2024-02-14 11:30
VERO BEACH, Florida, Feb. 14, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced the March 2024 cash dividend for the Company's Common Stock. March 2024 Common Stock Dividend Information Month Dividend Holder of Record Date Payment DateMarch 2024 $0.24 March 15, 2024 March 28, 2024 Certain Tax Matters ARMOUR has elected to be taxed as a real estate investment trust ("REIT") for U.S. Federal income tax purposes. In order to maintain this tax status, ...
Armour Residential REIT (ARR) Surpasses Market Returns: Some Facts Worth Knowing
Zacks Investment Research· 2024-02-08 23:56
Armour Residential REIT (ARR) ended the recent trading session at $18.56, demonstrating a +0.38% swing from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.06%. Elsewhere, the Dow gained 0.13%, while the tech-heavy Nasdaq added 0.24%.Coming into today, shares of the real estate investment trust had lost 7.46% in the past month. In that same time, the Finance sector gained 1.32%, while the S&P 500 gained 6.45%.The upcoming earnings release of Armour Resid ...