ARMOUR Residential REIT, Inc. vs American States Water Company — how do they compare? ARMOUR Residential REIT, Inc. trades at $16.82 (market cap $2.06B), while American States Water Company trades at $88.86 (market cap $3.49B). The key difference: American States Water Company is the larger of the two by market cap, and ARMOUR Residential REIT, Inc. pays the higher dividend (17.31%). Which is the better fit depends on your goals.
| ARR | AWR | |
|---|---|---|
Market Cap | $2.06B | $3.49B |
Sector | Financials | Utilities |
52-Week High | $19.12 | $89.28 |
52-Week Low | $14.05 | $70.10 |
Dividend Yield | 17.31% | 2.48% |
Enterprise Value | — | $4.38B |
Signals from Pluang's Aura AI — not financial advice
ARMOUR Residential REIT (ARR) trades at $16.72, up 0.3% on the day, with a neutral technical signal. The stock shows a low P/E of 3.77 and P/B of 0.91, indicating potential undervaluation. Recent quarterly earnings have been mixed, with a beat in Q1 2026 but a miss in Q2 2026. The company maintains a high net income margin of 97.43% and pays consistent dividends.
ARR presents a value opportunity with strong profitability and shareholder returns via dividends. However, risks include volatile earnings performance, significant investing cash outflows, and a cautious analyst consensus with 60% hold ratings. The stock's outlook hinges on stable interest rates and mortgage-backed securities market conditions.
American States Water (AWR) trades at $87.95, up 0.47% today, with a bullish technical signal from moving averages. The company reported Q2 2026 EPS of $1.09, beating estimates, driven by water rate increases and revenue growth of 11.2% year-over-year. Recent news highlights its inclusion in TIME's America's Best Companies 2026 and an 8.2% dividend hike, reinforcing its status as a Dividend King with 71 consecutive years of increases. Cash flow trends show improvement, with 2026 net cash flow turning positive to $1 million.
Outlook: AWR offers stable income with dividend growth but faces valuation concerns with a P/E of 24.03 above sector averages. Risks include regulatory dependence and earnings misses in two of the last three quarters. Analyst consensus is mixed, with 20% buy ratings suggesting cautious optimism amid high hold and sell recommendations.
Trailing returns across standard periods
Latest headlines on both assets
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.
Read more on ARR →American States Water provides water and electric services to over one million people in the U.S. It also manages water and wastewater systems for various military bases under long-term privatization contracts.
Read more on AWR →