Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). ARMOUR Residential REIT's share price for the quarter that ended in Dec. 2023 was $19.32. ARMOUR Residential REIT's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 48.80 Mil. Therefore, ARMOUR Residential REIT's market cap for the quarter that ended in Dec. 2023 was $942.80 Mil.
ARMOUR Residential REIT's quarterly market cap
declined
from Jun. 2023 ($1,102.30 Mil) to Sep. 2023 ($1,041.15 Mil) and
declined
from Sep. 2023 ($1,041.15 Mil) to Dec. 2023 ($942.80 Mil).
ARMOUR Residential REIT's annual market cap
declined
from Dec. 2021 ($923.64 Mil) to Dec. 2022 ($917.19 Mil) but then
increased
from Dec. 2022 ($917.19 Mil) to Dec. 2023 ($942.80 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. ARMOUR Residential REIT's Enterprise Value for Today is $691.24 Mil.
ARMOUR Residential REIT Market Cap Historical Data
The historical data trend for ARMOUR Residential REIT's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of ARMOUR Residential REIT's Market Cap
For the REIT - Mortgage subindustry, ARMOUR Residential REIT's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ARMOUR Residential REIT's Market Cap Distribution in the REITs Industry
For the REITs industry and Real Estate sector, ARMOUR Residential REIT's Market Cap distribution charts can be found below:
* The bar in red indicates where ARMOUR Residential REIT's Market Cap falls into.
ARMOUR Residential REIT Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
ARMOUR Residential REIT's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ARMOUR Residential REIT (NYSE:ARR) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
ARMOUR Residential REIT Market Cap Related Terms
Thank you for viewing the detailed overview of ARMOUR Residential REIT's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
ARMOUR Residential REIT (ARMOUR Residential REIT) Business Description
ARMOUR Residential REIT Inc is a real estate investment trust that invests in residential mortgage-backed securities or RMBS. These are issued or guaranteed by U.S.-government-sponsored enterprises, such as Fannie Mae, Freddie Mac, or Ginnie Mae. The company's investment portfolio is composed of mortgage-backed securities, adjustable-rate mortgage securities, and multifamily mortgage-backed securities. In terms of total fair value, most Armour's investments are long-term, fixed-rate agency RMBS. Multifamily RMBS also represents a substantial amount. Fannie Mae guarantees most of the company's holdings. Armour derives substantially all its revenue as interest income from its investments.
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