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ARMOUR Residential REIT (LTS:0HHU) Market Cap : $1,084.5 Mil (As of Dec. 13, 2024)


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What is ARMOUR Residential REIT Market Cap?

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 Sep. 2024 was $20.455. ARMOUR Residential REIT's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 55.2 Mil. Therefore, ARMOUR Residential REIT's market cap for the quarter that ended in Sep. 2024 was $1,129.0 Mil.

ARMOUR Residential REIT's quarterly market cap declined from Mar. 2024 ($1,215.1 Mil) to Jun. 2024 ($942.2 Mil) but then increased from Jun. 2024 ($942.2 Mil) to Sep. 2024 ($1,129.0 Mil).

ARMOUR Residential REIT's annual market cap declined from Dec. 2021 ($926.5 Mil) to Dec. 2022 ($926.2 Mil) but then increased from Dec. 2022 ($926.2 Mil) to Dec. 2023 ($1,216.3 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 $1,020.7 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.

* Premium members only.

ARMOUR Residential REIT Market Cap Chart

ARMOUR Residential REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,038.03 720.49 926.47 926.15 1,216.32

ARMOUR Residential REIT Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,221.21 1,216.32 1,215.14 942.15 1,128.96

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

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$24.925*48.799
=$1,216.3

ARMOUR Residential REIT's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=$20.455*55.1926
=$1,129.0

* 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  (LTS:0HHU) 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 company’s 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

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ARMOUR Residential REIT Business Description

Traded in Other Exchanges
Address
3001 Ocean Drive, Suite 201, Vero Beach, FL, USA, 32963
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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