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ARMOUR Residential REIT, Inc. (ARR)

NYSE - NYSE Delayed Price. Currency in USD
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7.42-0.03 (-0.40%)
At close: 04:00PM EDT
7.38 -0.04 (-0.54%)
Pre-Market: 07:23AM EDT

ARMOUR Residential REIT, Inc.

3001 Ocean Drive
Suite 201
Vero Beach, FL 32963
United States
772 617 4340
https://www.armourreit.com

Sector(s)Real Estate
IndustryREIT—Mortgage
Full Time Employees

Key Executives

NameTitlePayExercisedYear Born
Mr. Jeffrey J. ZimmerCo-CEO, Co-Vice Chairman & Pres334.06kN/A1957
Mr. Scott Jeffrey UlmCo-CEO, Co-Vice Chairman & Head of Risk Management334.06kN/A1958
Mr. James Robert Mountain CPACFO & Sec.89.68kN/A1959
Mr. Mark Richard Gruber CFAChief Investment Officer60.69kN/A1976
Mr. Gordon M. HarperVP of Fin., Treasurer & Controller44.69kN/A1967
Mr. David B. SaylesManaging Director for Portfolio & Risk AnalysisN/AN/AN/A
Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

ARMOUR Residential REIT, Inc. invests in residential mortgage-backed securities (MBS) in the United States. The company's securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable-rate home loans, as well as unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments. It also invests in other securities backed by residential mortgages for which the payment of principal and interest is not guaranteed by a GSE or government agency. The company has elected to be taxed as a real estate investment trust under the Internal Revenue Code. 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 REIT, Inc. was incorporated in 2008 and is based in Vero Beach, Florida.

Corporate Governance

ARMOUR Residential REIT, Inc.’s ISS Governance QualityScore as of July 31, 2022 is 6. The pillar scores are Audit: 6; Board: 7; Shareholder Rights: 5; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.