ARMOUR Residential REIT Management
Management criteria checks 3/4
ARMOUR Residential REIT's CEO is Scott Ulm, appointed in Mar 2020, has a tenure of 4.83 years. directly owns 0.12% of the company’s shares, worth $1.22M. The average tenure of the management team and the board of directors is 0.8 years and 15.2 years respectively.
Key information
Scott Ulm
Chief executive officer
US$1.7m
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 4.8yrs |
| CEO ownership | 0.1% |
| Management average tenure | less than a year |
| Board average tenure | 15.2yrs |
Recent management updates
Recent updates
Armour Residential: A Tactical Bounce Is Possible
Jan 05Armour Residential: Backing Out Before Prepayment Risk Emerges (Downgrade)
Sep 04Armour Residential: The 15% Yield Indicates Trouble May Be Brewing
Jul 07Armour Residential REIT: New Leadership Doesn't Hint Improvement
Mar 22Armour Residential Starts To Rebound, And The Best May Still Be Coming
Jan 02Armour Residential REIT: Weakening Fundamentals May Spark A Strong Downtrend, Sell
Dec 21Armour Residential: Why A Dividend Reset Is Likely
Oct 09Armour Residential: ~50% Dividend Cut Expected By 2024 As Swaps Expire
Oct 01Armour Residential: No Repo Play, No Problem
Aug 31ARMOUR Residential: Buy Before The Tide Shifts
Aug 24ARMOUR Residential: It's Not Time To Buy The 18.4% Yield
Jun 14ARMOUR Residential REIT cuts monthly dividend by 20% to $0.08/share
Feb 15Armour Residential: Higher Borrowing Rates Threaten ARR's Yield, Some Bullish Signs In The Charts
Feb 08ARMOUR Residential REIT declares $0.10 dividend
Jan 30ARMOUR Residential REIT declares $0.10 dividend
Dec 30CEO
Scott Ulm (66 yo)
4.8yrs
Tenure
US$1,660,400
Compensation
Mr. Scott Jeffrey Ulm has been the Co-Chief Executive Officer, Co-Vice Chairman, Chief Investment Officer and Head of Risk Management of ARMOUR Capital Management since November 2009. Mr. Ulm has been Chie...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Vice Chairman & Head of Risk Management | 4.8yrs | US$1.66m | 0.12% $ 1.2m | |
| CFO, Secretary & Controller | 9.1yrs | US$498.12k | 0.028% $ 288.7k | |
| Co-Chief Investment Officer & Head of Risk Management | less than a year | no data | 0.0018% $ 18.8k | |
| Co-Chief Investment Officer | less than a year | no data | 0.00010% $ 1.0k | |
| Head of Trading & Senior Portfolio Manager | less than a year | no data | no data |
0.8yrs
Average Tenure
56yo
Average Age
Experienced Management: ARR's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Vice Chairman & Head of Risk Management | 15.2yrs | US$1.66m | 0.12% $ 1.2m | |
| Director | 15.2yrs | US$369.20k | 0.037% $ 391.7k | |
| Non-Executive Chairman | 15.2yrs | US$404.20k | 0.045% $ 474.9k | |
| Independent Director | 15.2yrs | US$439.20k | 0.0026% $ 27.2k | |
| Independent Director | 15.2yrs | US$429.20k | 0.012% $ 127.7k | |
| Independent Director | 15.2yrs | US$429.20k | 0.022% $ 229.3k | |
| Independent Director | 11.3yrs | US$359.20k | 0.037% $ 383.2k | |
| Independent Director | 5.5yrs | US$404.20k | 0.019% $ 195.5k |
15.2yrs
Average Tenure
71yo
Average Age
Experienced Board: ARR's board of directors are seasoned and experienced ( 15.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/22 23:28 |
| End of Day Share Price | 2025/01/22 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ARMOUR Residential REIT, Inc. is covered by 18 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark DeVries | Barclays |
| Kenneth Bruce | BofA Global Research |
| Matthew Howlett | B. Riley Securities, Inc. |