ARMOUR Residential REIT (ARR) Set to Announce Quarterly Earnings on Tuesday

ARMOUR Residential REIT (NYSE:ARR) will be posting its quarterly earnings results after the market closes on Tuesday, February 13th. Analysts expect ARMOUR Residential REIT to post earnings of $0.65 per share for the quarter.

Shares of ARMOUR Residential REIT (NYSE ARR) opened at $22.26 on Tuesday. The company has a market capitalization of $932.00, a price-to-earnings ratio of 4.40 and a beta of 0.55. ARMOUR Residential REIT has a 12-month low of $21.30 and a 12-month high of $27.60.

The company also recently announced a monthly dividend, which will be paid on Tuesday, February 27th. Shareholders of record on Thursday, February 15th will be given a dividend of $0.19 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $2.28 dividend on an annualized basis and a yield of 10.24%. ARMOUR Residential REIT’s payout ratio is 45.06%.

Separately, Zacks Investment Research downgraded ARMOUR Residential REIT from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 17th.

TRADEMARK VIOLATION NOTICE: This piece was originally published by Stock Observer and is the sole property of of Stock Observer. If you are accessing this piece on another publication, it was illegally stolen and republished in violation of U.S. & international copyright & trademark legislation. The correct version of this piece can be viewed at https://www.thestockobserver.com/2018/02/06/armour-residential-reit-arr-set-to-announce-quarterly-earnings-on-tuesday.html.

About ARMOUR Residential REIT

ARMOUR Residential REIT, Inc is a real estate investment trust. The Company invests in and manages a leveraged portfolio of mortgage-backed securities (MBS) and mortgage loans. The Company invests in residential mortgage backed securities issued or guaranteed by a United States Government-sponsored enterprise (GSE), such as the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation, or a government agency, such as the Government National Mortgage Association (collectively, Agency Securities).

Earnings History for ARMOUR Residential REIT (NYSE:ARR)

Receive News & Ratings for ARMOUR Residential REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARMOUR Residential REIT and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply