ARMOUR Residential REIT (ARR) Projected to Post Quarterly Earnings on Thursday

ARMOUR Residential REIT (NYSE:ARR - Get Free Report) is expected to be releasing its Q1 2025 earnings data before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $0.81 per share and revenue of $18.59 million for the quarter.

ARMOUR Residential REIT Trading Up 4.2 %

Shares of NYSE ARR traded up $0.60 during trading on Tuesday, reaching $14.68. 2,716,344 shares of the company traded hands, compared to its average volume of 1,788,036. The stock has a market cap of $1.17 billion, a P/E ratio of -34.13 and a beta of 1.23. The firm's fifty day simple moving average is $17.25 and its 200 day simple moving average is $18.39. ARMOUR Residential REIT has a 12-month low of $13.18 and a 12-month high of $21.93.

ARMOUR Residential REIT Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 29th. Investors of record on Tuesday, April 15th will be given a dividend of $0.24 per share. This represents a $2.88 annualized dividend and a yield of 19.62%. The ex-dividend date of this dividend is Tuesday, April 15th. ARMOUR Residential REIT's dividend payout ratio is currently -669.77%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on ARR. StockNews.com cut shares of ARMOUR Residential REIT from a "hold" rating to a "sell" rating in a research note on Friday, February 14th. BTIG Research started coverage on shares of ARMOUR Residential REIT in a report on Monday, February 10th. They issued a "neutral" rating for the company. JMP Securities reissued a "market perform" rating on shares of ARMOUR Residential REIT in a research note on Thursday, January 23rd. Finally, B. Riley upgraded ARMOUR Residential REIT to a "hold" rating in a research note on Tuesday, January 7th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company's stock. According to data from MarketBeat.com, ARMOUR Residential REIT presently has an average rating of "Hold" and an average price target of $20.50.

ARMOUR Residential REIT Company Profile

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.