ARMOUR Residential REIT, Inc. invests in residential mortgage-backed securities (MBS) in the United States. Its 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; and unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments. The company has elected to be taxed as a real estate investment trust. ARMOUR Residential REIT, Inc. was incorporated in 2008 and is based in Vero Beach, Florida.
| Horizon | Bear case (−1σ) | Base case | Bull case (+1σ) |
|---|---|---|---|
| 1 Month | $12.84 (-5.7%) | $13.62 | $14.45 (+6.1%) |
| 3 Months | $12.30 (-9.7%) | $13.62 | $15.08 (+10.7%) |
| 6 Months | $11.79 (-13.4%) | $13.62 | $15.73 (+15.5%) |
| 12 Months | $11.11 (-18.4%) | $13.62 | $16.70 (+22.6%) |