ARMOUR Residential REIT Past Earnings Performance
Past criteria checks 3/6
ARMOUR Residential REIT has been growing earnings at an average annual rate of 28.7%, while the Mortgage REITs industry saw earnings growing at 9.1% annually. Revenues have been growing at an average rate of 34.6% per year. ARMOUR Residential REIT's return on equity is 10%, and it has net margins of 64.7%.
Key information
28.7%
Earnings growth rate
47.3%
EPS growth rate
| Mortgage REITs Industry Growth | 4.5% |
| Revenue growth rate | 34.6% |
| Return on equity | 10.0% |
| Net Margin | 64.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Armour 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 30Armour Residential expects Q3 book value per share to drop
Oct 12ARMOUR Residential REIT declares $0.10 dividend
Oct 03Revenue & Expenses Breakdown
How ARMOUR Residential REIT makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 185 | 120 | 38 | 0 |
| 30 Jun 24 | -59 | -125 | 38 | 0 |
| 31 Mar 24 | 32 | -34 | 37 | 0 |
| 31 Dec 23 | -24 | -80 | 37 | 0 |
| 30 Sep 23 | -86 | -140 | 35 | 0 |
| 30 Jun 23 | -53 | -105 | 34 | 0 |
| 31 Mar 23 | -156 | -207 | 33 | 0 |
| 31 Dec 22 | -192 | -242 | 31 | 0 |
| 30 Sep 22 | -253 | -302 | 31 | 0 |
| 30 Jun 22 | -75 | -124 | 30 | 0 |
| 31 Mar 22 | -86 | -134 | 29 | 0 |
| 31 Dec 21 | 50 | 4 | 29 | 0 |
| 30 Sep 21 | 149 | 107 | 28 | 0 |
| 30 Jun 21 | 172 | 132 | 27 | 0 |
| 31 Mar 21 | 292 | 253 | 29 | 0 |
| 31 Dec 20 | -185 | -225 | 26 | 0 |
| 30 Sep 20 | -155 | -199 | 33 | 0 |
| 30 Jun 20 | -271 | -319 | 36 | 0 |
| 31 Mar 20 | -504 | -556 | 38 | 0 |
| 31 Dec 19 | -212 | -266 | 37 | 0 |
| 30 Sep 19 | -532 | -587 | 37 | 0 |
| 30 Jun 19 | -424 | -479 | 37 | 0 |
| 31 Mar 19 | -228 | -282 | 37 | 0 |
| 31 Dec 18 | -69 | -123 | 37 | 0 |
| 30 Sep 18 | 215 | 160 | 37 | 0 |
| 30 Jun 18 | 194 | 140 | 36 | 0 |
| 31 Mar 18 | 210 | 157 | 35 | 0 |
| 31 Dec 17 | 217 | 165 | 34 | 0 |
| 30 Sep 17 | 239 | 189 | 33 | 0 |
| 30 Jun 17 | 331 | 280 | 35 | 0 |
| 31 Mar 17 | 316 | 271 | 35 | 0 |
| 31 Dec 16 | -14 | -61 | 35 | 0 |
| 30 Sep 16 | 10 | -37 | 35 | 0 |
| 30 Jun 16 | -330 | -378 | 33 | 0 |
| 31 Mar 16 | -147 | -201 | 33 | 0 |
| 31 Dec 15 | 6 | -47 | 33 | 0 |
| 30 Sep 15 | -255 | -308 | 34 | 0 |
| 30 Jun 15 | 20 | -32 | 34 | 0 |
| 31 Mar 15 | -248 | -300 | 34 | 0 |
| 31 Dec 14 | -141 | -195 | 35 | 0 |
| 30 Sep 14 | -539 | -592 | 35 | 0 |
| 30 Jun 14 | -822 | -876 | 36 | 0 |
| 31 Mar 14 | -271 | -325 | 36 | 0 |
Quality Earnings: ARR has high quality earnings.
Growing Profit Margin: ARR became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ARR has become profitable over the past 5 years, growing earnings by 28.7% per year.
Accelerating Growth: ARR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ARR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Mortgage REITs industry (5.3%).
Return on Equity
High ROE: ARR's Return on Equity (10%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 04:40 |
| End of Day Share Price | 2025/01/02 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 |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 17 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. |