ARMOUR Residential REIT Future Growth

Future criteria checks 6/6

ARMOUR Residential REIT is forecast to grow earnings and revenue by 100.5% and 46.1% per annum respectively. EPS is expected to grow by 70.6% per annum. Return on equity is forecast to be 20.6% in 3 years.

Key information

100.5%

Earnings growth rate

70.6%

EPS growth rate

Mortgage REITs earnings growth	42.4%
Revenue growth rate	46.1%
Future return on equity	20.6%
Analyst coverage	Low
Last updated	26 Apr 2024

Recent future growth updates

Recent updates

Armour Residential REIT: New Leadership Doesn't Hint Improvement

Mar 22

Armour Residential Starts To Rebound, And The Best May Still Be Coming

Jan 02

Armour Residential REIT: Weakening Fundamentals May Spark A Strong Downtrend, Sell

Dec 21

Armour Residential: Higher Borrowing Rates Threaten ARR's Yield, Some Bullish Signs In The Charts

Feb 08

ARMOUR Residential REIT declares $0.10 dividend

Jan 30

ARMOUR Residential REIT declares $0.10 dividend

Dec 30

Armour Residential expects Q3 book value per share to drop

Oct 12

ARMOUR Residential REIT declares $0.10 dividend

Oct 03

ARMOUR Residential REIT declares $0.10 dividend

Sep 27

ARMOUR Residential REIT goes ex-dividend tomorrow

Sep 13

ARMOUR Residential REIT declares $0.10 dividend

Aug 24

ARMOUR Residential REIT declares $0.10 dividend

Jul 27

ARMOUR Residential: The Current Price Is Justified

Jun 07

Earnings and Revenue Growth Forecasts

NYSE:ARR - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	285	N/A	N/A	N/A	1
12/31/2025	227	219	N/A	N/A	4
12/31/2024	264	164	N/A	N/A	2
3/31/2024	32	-34	175	175	N/A
12/31/2023	-24	-80	133	133	N/A
9/30/2023	-86	-140	180	180	N/A
6/30/2023	-53	-105	243	243	N/A
3/31/2023	-156	-207	262	262	N/A
12/31/2022	-192	-242	124	124	N/A
9/30/2022	-253	-302	4	4	N/A
6/30/2022	-75	-124	-99	-99	N/A
3/31/2022	-86	-134	-93	-93	N/A
12/31/2021	50	4	12	12	N/A
9/30/2021	149	107	61	61	N/A
6/30/2021	172	132	127	127	N/A
3/31/2021	292	253	-52	-52	N/A
12/31/2020	-185	-225	-258	-258	N/A
9/30/2020	-155	-199	-223	-223	N/A
6/30/2020	-271	-319	-345	-345	N/A
3/31/2020	-504	-556	-214	-214	N/A
12/31/2019	-212	-266	-41	-41	N/A
9/30/2019	-532	-587	-84	-84	N/A
6/30/2019	-424	-479	14	14	N/A
3/31/2019	-228	-282	64	64	N/A
12/31/2018	-69	-123	75	75	N/A
9/30/2018	215	160	61	61	N/A
6/30/2018	194	140	68	68	N/A
3/31/2018	210	157	115	115	N/A
12/31/2017	217	165	N/A	110	N/A
9/30/2017	239	189	N/A	65	N/A
6/30/2017	331	280	N/A	101	N/A
3/31/2017	316	271	N/A	0	N/A
12/31/2016	-14	-61	N/A	-203	N/A
9/30/2016	10	-37	N/A	-114	N/A
6/30/2016	-330	-378	N/A	-118	N/A
3/31/2016	-147	-201	N/A	-44	N/A
12/31/2015	6	-47	N/A	238	N/A
9/30/2015	-255	-308	N/A	290	N/A
6/30/2015	20	-32	N/A	260	N/A
3/31/2015	-248	-300	N/A	312	N/A
12/31/2014	-141	-195	N/A	315	N/A
9/30/2014	-539	-592	N/A	274	N/A
6/30/2014	-822	-876	N/A	321	N/A
3/31/2014	-271	-325	N/A	351	N/A
12/31/2013	-150	-201	N/A	369	N/A
9/30/2013	505	458	N/A	450	N/A
6/30/2013	787	746	N/A	470	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ARR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).

Earnings vs Market: ARR is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ARR is expected to become profitable in the next 3 years.

Revenue vs Market: ARR's revenue (46.1% per year) is forecast to grow faster than the US market (8.3% per year).

High Growth Revenue: ARR's revenue (46.1% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ARR's Return on Equity is forecast to be high in 3 years time (20.6%)

ARMOUR Residential REIT Future Growth

Future criteria checks 6/6

Key information

Recent future growth updates

Price target increased by 7.5% to US$6.00

Price target decreased by 8.6% to US$5.33

Price target decreased to US$5.83

Price target decreased to US$5.83

Price target decreased to US$7.00

Price target decreased to US$8.33

Recent updates

ARMOUR Residential REIT, Inc. Announces May 2024 Cash Dividend, Payable on May 28, 2024

ARMOUR Residential REIT, Inc., Annual General Meeting, May 31, 2024

ARMOUR Residential REIT, Inc. Confirms April 2024 Common Share Dividend, Payable on April 29, 2024

Armour Residential REIT: New Leadership Doesn't Hint Improvement

ARMOUR Residential REIT, Inc. Announces Executive Changes

ARMOUR Residential REIT, Inc. Announces Chief Financial Officer Changes

ARMOUR Residential REIT, Inc. Announces Secretary Changes

ARMOUR Residential REIT, Inc. announced delayed annual 10-K filing

Dividend of US$0.24 announced

ARMOUR Residential REIT, Inc. Announces Cash Dividend for March 2024, Payable on March 28, 2024

Upcoming dividend of US$0.24 per share at 15% yield

Thomas Guba Resigns from Board of Directors of ARMOUR Residential REIT, Inc

Dividend of US$0.24 announced

ARMOUR Residential REIT, Inc. Announces Cash Dividend for February 2024, Payable on February 28, 2024

Upcoming dividend of US$0.24 per share at 26% yield

Armour Residential Starts To Rebound, And The Best May Still Be Coming

Non-Executive Chairman recently sold US$1.2m worth of stock

Armour Residential REIT: Weakening Fundamentals May Spark A Strong Downtrend, Sell

ARMOUR Residential REIT, Inc Announces Dividend Guidance for the Month of January 2024, Payable on January 30, 2024

ARMOUR Residential REIT, Inc Announces Guidance for the Month of January 2024, Payable on January 30, 2024

Upcoming dividend of US$0.40 per share at 26% yield

Upcoming dividend of US$0.40 per share at 30% yield

ARMOUR Residential REIT, Inc. to Report Q3, 2023 Results on Oct 25, 2023

Armour Residential: Why A Dividend Reset Is Likely

Upcoming dividend of US$0.40 per share at 26% yield

Armour Residential: ~50% Dividend Cut Expected By 2024 As Swaps Expire

Price target increased by 7.5% to US$6.00

Upcoming dividend of US$0.08 per share

Armour Residential: No Repo Play, No Problem

ARMOUR Residential: Buy Before The Tide Shifts

Upcoming dividend of US$0.08 per share at 19% yield

New major risk - Dividend sustainability

Armour Residential REIT, Inc. Announces Cash Dividend for the Month of August 2023, Payable on August 30, 2023

ARMOUR Residential REIT, Inc. to Report Q2, 2023 Results on Jul 26, 2023

Upcoming dividend of US$0.08 per share at 19% yield

ARMOUR Residential REIT, Inc. Confirms July 2023 Cash Dividend, Payable on July 28, 2023

ARMOUR Residential REIT, Inc. Announces Dividend Guidance for July 2023, Payable on July 28, 2023

ARMOUR Residential: It's Not Time To Buy The 18.4% Yield

Upcoming dividend of US$0.08 per share at 19% yield

ARMOUR Residential REIT, Inc. Announces June 2023 Cash Dividend, Payable on June 29, 2023

Price target decreased by 8.6% to US$5.33

Upcoming dividend of US$0.08 per share at 20% yield

Upcoming dividend of US$0.08 per share at 18% yield

Upcoming dividend of US$0.08 per share at 18% yield

ARMOUR Residential REIT, Inc. Announces Dividend for the Month of March 2023, Payable on March 28, 2023

ARMOUR Residential REIT, Inc. to Report Q4, 2022 Results on Feb 15, 2023

ARMOUR Residential REIT cuts monthly dividend by 20% to $0.08/share

Armour Residential: Higher Borrowing Rates Threaten ARR's Yield, Some Bullish Signs In The Charts

Upcoming dividend of US$0.10 per share at 19% yield

ARMOUR Residential REIT, Inc. Announces Cash Dividend for the Month of February 2023, Payable on February 27, 2023

ARMOUR Residential REIT declares $0.10 dividend

ARMOUR Residential REIT, Inc. Confirms Cash Dividend for the Month of January 2023, Payable on January 30, 2023

Upcoming dividend of US$0.10 per share

ARMOUR Residential REIT, Inc. Announces Guidance for January 2023 Dividend, Payable on January 30, 2023

ARMOUR Residential REIT declares $0.10 dividend

Co-CEO, Co-Vice Chairman & President recently sold US$194k worth of stock

Upcoming dividend of US$0.10 per share

ARMOUR Residential REIT, Inc. Announces December 2022 Cash Dividend, Payable on December 28, 2022

Price target decreased to US$5.83

Insufficient new directors

Price target decreased to US$5.83

Upcoming dividend of US$0.10 per share

ARMOUR Residential REIT, Inc. Announces November 2022 Cash Dividend, Payable on November 28, 2022

ARMOUR Residential REIT, Inc. to Report Q3, 2022 Results on Oct 26, 2022

Armour Residential expects Q3 book value per share to drop

Upcoming dividend of US$0.10 per share

ARMOUR Residential REIT declares $0.10 dividend

ARMOUR Residential REIT, Inc. Announces Dividend Guidance for October 2022, Payable on October 28, 2022

ARMOUR Residential REIT declares $0.10 dividend