In trading on thursday, shares of armour residential reit inc. The current price to book ratio for armour residential reit as of march 16, 2020 is 0. Book value per share is a widely used stock evaluation measure. Stocks with both a grades in the value category and high zacks ranks are among the strongest value stocks on the market right now. Gses, or guaranteed by the government national mortgage association. If you have experience with the stock market, you might have also been advised against. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. The current disparity between share prices and estimated book values is. In depth view into armour residential reit book value per share explanation, calculation, historical data and more. Its a measure of the value of their assets minus their debts.
Book value is a widely used stock evaluation measure. Get the latest armour residential reit stock price and detailed information including arr. Find the latest book value for armour residential reit, inc. Real estate investment trusts reits, which provide some of the best total returns in the investment world, along with aboveaverage dividend yields and stable earnings, have become increasingly popular with both individual and institutional investors. Armour residential reits tangible book value per share for the quarter that ended in dec. Arr, including valuation measures, fiscal year financial statistics, trading record, share statistics and more. Arr stock armour residential reit stock price today. Arr reported that its book value per share dropped 8% for the quarter. Ycharts book value of equity is the equivalent of total assets less total liabilities and preferred equity. Armour residential reit book value per share from 2008 to 2019. Armour residential reit book value per share declines 25%.
Armour invests primarily in fixed rate residential, adjustable rate and hybrid adjustable rate residential mortgage. When it comes to the mentioned value, analysts are expecting to see the 5year eps growth rate for armour residential reit inc. Why you should stay away from armour residential reit inc. View todays stock price, news and analysis for armour residential reit inc. Are investors undervaluing armour residential reit arr. Armour also invests in other securities backed by residential mortgages for which the payment of principal and. About armour residential reit inc everyone has heard the saying, dont spend all your money in one place. Armour residential reit price to book value arr ycharts. It is a solid opportunity for investors seeking capital gains. Armour residential reit price to book ratio 20082019. Arr crossed below their last reported book value defined as common shareholder equity per share. Javelin was trading for just 63% of book value prior to the offer, and armour offered to pay 87%. In depth view into armour residential reit book value per share including historical data from 2003, charts, stats and industry comps. The net asset value nav is one of the best metrics to use when assessing the value of a real estate investment trust reit.
Find the latest book value per share for armour residential reit, inc. The book value is essentially the tangible accounting value of a firm compared to the market value that is shown. Price to book value is a valuation ratio that is measured by stock price book value per share. Pulse post by pricetobookpbalerts on speculatingstocks. Book value per share can be defined as the amount of equity available to shareholders expressed on a per common share basis.
Pb stock armour residential reit stock price today. Armour residential reit arr stock lower today after. The book value is essentially the tangible accounting value of a firm compared to the market value that. Arr stock, price quote and chart, trading and investing tools. Managements discussion and analysis of financial condition and results of operations armour residential reit, inc. The company invests in and manages a leveraged portfolio of mortgagebacked securities mbs and mortgage loans. Arr and arrpb armour or the company today announced the november 2019 cash dividend for the. The company has elected to be taxed as a real estate investment trust under the internal revenue code. I bought the 12% dividend yield from armour residential.
The book value of equity represents the equity of shareholders from a balance sheet perspective less the preferred stock. Learn more about the reit armour residential reit inc. Arr is a mortgage real estate investment trust mreit that offers a lucrative 10. Armour residential reit arr armour invests primarily in fixed rate residential, adjustable rate and hybrid adjustable rate rmbs issued or guaranteed by u. The new fourth edition of the definitive handbook on investing in real estate investment trusts reits. Armour residential reit arr stock lower today after credit suisse downgrade. Armour residential reit inc arr quotes, financials, news. A reit is a security traded like regular stocks that invests solely. Dont let this 11% yielding monthly dividend stock entice you published on july 12th, 2019 by samuel smith armour residential reit inc. Armour residentials book value bleeding and dividend adjustments dont bode well for the future. The reit may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. Transaction is accretive to armours book value upon closing. Strong book value declines probably the biggest reason why armour residentials shares came under fire in.
Gaap income, core income and book value as previously reported are unaffected. Armour residential reit arr free report is a stock many. Historical price to book ratio values for armour residential reit arr over the last 10 years. Correcting and replacing armour residential reit, inc. Arr tangible book per share armour residential reit. In its firstquarter earnings results, armour residential reit, inc. Armour residential reit is an agency reit focusing largely on 30year fixedrate mortgages armour residential reit arr is a real estate investment trust. Get breaking news and analysis on armour residential reit, inc. I bought the 12% dividend yield from armour residential reit, but not for income. Armour residential reit book value per share 20082019. The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the reit. Armour residential reit is trading at a 12% discount to our estimate of tangible book value. The enterprise value to sales for this firm is now 57. The book value is incredibly important to a mortgage reit.
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