Equity Overview
Price & Market Data
Price: $15.40
Daily Change: +$0.519 / 3.37%
Range: $14.72 - $15.40
Market Cap: $1,223,510,400
Volume: 2,422,118
Performance Metrics
1 Week: 9.52%
1 Month: -15.75%
3 Months: -17.21%
6 Months: -23.39%
1 Year: -16.71%
YTD: -18.88%
Company Details
Employees: 20
Sector: Finance
Industry: Real estate investment trusts
Country: United States
Details
ARMOUR Residential REIT, Inc. invests in residential mortgage-backed securities (MBS) in the United States. Its 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; and unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments. The company has elected to be taxed as a real estate investment trust. 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.