Dividends are typically announced on a monthly basis. Armour residential reit s tangible book value per share for the quarter that ended in dec. May 17, 2012 in trading on thursday, shares of armour residential reit inc. Arr research and analysis for armour residential reit. In trading on thursday, shares of armour residential reit inc. The current price to book ratio for armour residential reit as of april 24, 2020 is 0.
Arr crossed below their last reported book value defined as common shareholder equity per share. Vero beach, florida, april 30, 2020 globe newswire armour residential reit, inc. Hence, todays pb ratio of armour residential reit is 0. Armour invests primarily in fixed rate residential, adjustable rate and hybrid adjustable rate residential mortgage. Armour residential reit is a real estate investment trust reit that invests in mortgagebacked. Mountain chief financial officer armour residential reit, inc. Mountain chief financial officer javelin mortgage investment corp. Armour is a maryland corporation that invests primarily in hybrid adjustable rate, adjustable rate and fixed rate residential mortgagebacked securities, or rmbs, issued or guaranteed by u. Its book value per share for the quarter that ended in dec. The trend in armour residentials book values per share is not something to get excited about at all. Find the latest price book value for armour residential reit, inc. Armour is externally managed and advised by armour residential management llc arrm. The company has elected to be taxed as a real estate investment trust under the internal revenue code.
Armour residential reit price to book ratio 20082019 arr. Find the latest book value for armour residential reit, inc. During the past 3 years, the average book value per share growth rate was 5. Tangible book value per share is calculated as the total tangible equity divided by. Armour residential reit and the disappearing book value.
Arr tangible book per share armour residential reit. Jun 25, 2014 armour residential significantly cut back on dividend payments over the last two years. During the past 5 years, the average book value per share growth rate was. If you have experience with the stock market, you might have also been advised against. Arr armour or the company today announced the companys financial. Dont let this 11% yielding monthly dividend stock entice you published on july 12th, 2019 by samuel smith armour residential reit inc. Managements discussion and analysis of financial condition and results of operations other income loss image removed. Find out all the key statistics for armour residential reit, inc. Book value per share can be defined as the amount of equity available to shareholders expressed on a per common share basis. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates. Apr 02, 2020 vero beach, florida, april 02, 2020 globe newswire armour residential reit, inc. Nareit is the worldwide representative voice for reits and publicly traded real estate companies with an interest in u.
Since 2012, the mortgage reit has lost 37% of its book value per share, and also continued to. Total tangible equity is calculated as the total stockholders equity minus preferred stock minus intangible assets. Armour residential reit arr is a stock many investors are watching right now. Armour invests primarily in fixed rate residential, adjustable rate and hybrid adjustable rate residential mortgagebacked securities issued or guaranteed by u. Arr today announced the companys financial position as of march 31, 2020. Armours liquidity, including cash and unpledged agencyguaranteed mbs. Reports financial results for the quarter ended june 30, 2019. Armour residential reit is an agency reit focusing largely on 30year fixedrate mortgages. 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 significantly cut back on dividend payments over the last two years.
Some mbs are issued or guaranteed by a united states governmentsponsored entity gse or a. The company invests in and manages a leveraged portfolio of mortgagebacked securities mbs. Certain statements made in this presentation regarding armour residential reit,inc. Vero beach, florida, april 02, 2020 globe newswire armour residential reit, inc. Aug 06, 20 armour residential reit is an agency reit focusing largely on 30year fixedrate mortgages.
Get the latest armour residential reit stock price and detailed information including arr news, historical charts and realtime prices. Armour residential reit book value per share 20082019 arr. During the past years, the highest pb ratio of armour residential reit was 1. May 06, 2020 apr 30, 2020 armour residential reit, inc. Arr, including valuation measures, fiscal year financial statistics, trading record, share statistics and more. Armour residential reit and the disappearing book value nyse. Book value is a widely used stock evaluation measure.
Armour residential reit has recently reported earnings, and it was another mixed report. Armour residential reit inc arr quotes, financials, news. Why you should stay away from armour residential reit inc. Armour residential reit s book value per share for the quarter that ended in dec. Armour residential reit book value per share from 2008 to 2019. Shareholders in jmi got a substantial premium to share prices. Apr 30, 2020 vero beach, florida, april 30, 2020 globe newswire armour residential reit, inc. Armour residential reit is a real estate investment trust. During the past 12 months, armour residential reit s average book value per share growth rate was 46. The pressure on the key metrics, most notably the net interest margin and the book value, makes the value. The company invests in and manages a leveraged portfolio of mortgagebacked securities mbs and mortgage loans. Armour residential arr is a mortgage reit that was formed in 2008. The trend in armour residential s book values per share is not something to get excited about at all. Armour residential reit book value per share 20082019.
In depth view into armour residential reit book value per share including historical data from 2003, charts, stats and industry comps. Nareits members are reits and other businesses throughout the world that own, operate, and finance incomeproducing real estate, as well as those firms and individuals who advise, study, and service those businesses. Price book value is a widely used stock evaluation measure. About armour residential reit inc everyone has heard the saying, dont spend all your money in one place. Armour or the company, and any other statementsregarding armours future expectations, beliefs, goals or prospects constitute forwardlooking statements made within the meaning of section 21e of the securities exchange act of 1934. Historical price to book ratio values for armour residential reit arr over the last 10 years. The trust invests primarily in residential mortgagebacked securities that are guaranteed or issued by a united states government entity including fannie mae, freddie mac and ginnie mae. Armour residential reits tangible book value per share for the quarter that ended in dec. Arr is a mortgage real estate investment trust mreit that offers a lucrative 10. In depth view into armour residential reit price to book value including historical data from 2003, charts, stats and industry comps. Arr research and analysis for armour residential reit, inc.
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