ARR: Oversold Mortgage REIT with Yield and Recovery Upside - Cautious Buy
Armour Residential (ARR) trades near its 52-week low at $12.50 while paying a $0.24 monthly dividend (yield ~22.8%). Fundamentals show a sector-challenged Q3 print, but valuation metrics - price-to-book ~0.8 and market cap ~$1.86B - and improving technicals argue for a recovery trade. This is a cautious, income-biased long with defined entry, stop …