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QQQ   414.65
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American Express profits jump 34%, helped by jump in new customers, higher spending
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3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
NYSE:ARR

ARMOUR Residential REIT (ARR) Stock Price, News & Analysis

$18.17
+0.46 (+2.60%)
(As of 04/19/2024 ET)
Today's Range
$17.71
$18.22
50-Day Range
$17.36
$19.84
52-Week Range
$13.31
$27.00
Volume
971,177 shs
Average Volume
1.16 million shs
Market Capitalization
$885.79 million
P/E Ratio
N/A
Dividend Yield
15.85%
Price Target
$19.25

ARMOUR Residential REIT MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
5.9% Upside
$19.25 Price Target
Short Interest
Bearish
7.88% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.36
Upright™ Environmental Score
News Sentiment
0.92mentions of ARMOUR Residential REIT in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-0.52%
From $3.87 to $3.85 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.52 out of 5 stars

Finance Sector

714th out of 845 stocks

Real Estate Investment Trusts Industry

151st out of 179 stocks

ARR stock logo

About ARMOUR Residential REIT Stock (NYSE:ARR)

ARMOUR Residential REIT, Inc. is a real estate investment trust (REIT) that invests in residential mortgage-backed securities (MBS) in the United States. The company's headquarters are located in Vero Beach, Florida, and it operates in various states nationwide. ARMOUR Residential REIT, Inc. primarily invests in agency MBS, securities issued by government-sponsored enterprises such as Fannie Mae, Freddie Mac, and Ginnie Mae. These securities represent pools of mortgages that the US government backs.

ARMOUR Residential REIT, Inc. has a management team with extensive experience in the mortgage industry. Jeffrey Zimmer, the Chairman and Chief Executive Officer, has been with the company since its inception in 2008. James Mountain, the President and Chief Information Officer, joined ARMOUR Residential REIT, Inc. in 2019 and has over 25 years of experience in the financial industry. Other key leadership team members include Mark Gruber, the Chief Financial Officer, and James R. Mountain, Jr., the Chief Operating Officer. The company's management team has a track record of successfully managing mortgage investments and generating strong returns for shareholders.

Over the past few years, ARMOUR Residential REIT, Inc. has declined revenue and earnings due to the low-interest-rate environment and market volatility. Since 2018 there has only been one year (2021) where ARMOUR Residential REIT, Inc. reported positive net revenue and net income numbers. High borrowing costs have also impacted the company's profit margins, with an average net interest margin of 0.81%. ARMOUR Residential REIT, Inc. has maintained a marginal balance sheet with an average debt-to-equity ratio of approximately 5.26. ARMOUR has not seen any significant changes in ownership in recent years. ARMOUR Residential REIT, Inc. has a valuation that aligns with industry peers. The company's price-to-book and price-to-earnings ratios are on par with industry peers. These metrics suggest that the company is valued relatively compared to industry peers.

Regarding market performance, ARMOUR Residential REIT, Inc. has had a fairly volatile and declining stock price over the past few years. The stock price has ranged from a low of $5 in Q1 of 2023 to a high of $21.39 in February 2019. The trading volume for the stock has been relatively stable, with an average daily volume of 6 million shares. 

The residential mortgage-backed securities industry is subject to various regulatory and political risks, including changes in interest rates, mortgage underwriting standards, and government policies. ARMOUR Residential REIT, Inc. faces competition from other REITs and institutional investors who invest in MBS and individual investors who can invest in MBS through mutual funds or exchange-traded funds. Additionally, the company's performance is sensitive to changes in interest rates, which can impact the value of its MBS portfolio and its borrowing costs.

ARMOUR Residential REIT, Inc. has potential growth opportunities in new product launches and market expansion. The company could explore investing in non-agency MBS or other real estate investments to diversify its portfolio. The company could also expand into new markets, such as international or non-residential real estate. ARMOUR Residential REIT, Inc. has historically generated strong returns for shareholders and has the potential to continue generating strong returns.  

ARR Stock Price History

ARR Stock News Headlines

6 Mortgage REITS: How Badly Could Rising Rates Hurt Them? (ARR)
We dissect six REITs, uncovering their strengths, weaknesses, and potential to either falter or flourish in a rising-rate environment.
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Bearish Blades: 3 Falling Knives to Dodge in 2024
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
ARR Jan 2025 18.000 call
ARR Oct 2024 25.000 put
ARR Apr 2024 27.000 call
ARR Jul 2024 26.000 call
ARR Mar 2024 24.000 call
ARMOUR Residential Appoints Gordon Harper As CFO
See More Headlines
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Company Calendar

Last Earnings
7/27/2022
Ex-Dividend for 3/28 Dividend
3/14/2024
Dividend Payable
3/28/2024
Ex-Dividend for 4/29 Dividend
4/12/2024
Today
4/20/2024
Next Earnings (Estimated)
4/24/2024
Dividend Payable
4/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Mortgage REITs
CUSIP
04231510
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$19.25
High Stock Price Target
$20.00
Low Stock Price Target
$18.50
Potential Upside/Downside
+5.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$-67,920,000.00
Pretax Margin
-12.28%

Debt

Sales & Book Value

Annual Sales
$-62,560,000.00
Cash Flow
$4.51 per share
Book Value
$25.94 per share

Miscellaneous

Free Float
48,116,000
Market Cap
$885.79 million
Optionable
Optionable
Beta
1.48
Beginners Guide To Retirement Stocks Cover

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Key Executives

  • Mr. Scott Jeffrey Ulm (Age 66)
    CEO, Vice Chairman & Head of Risk Management
  • Mr. Gordon M. Harper (Age 57)
    CFO, Secretary, Controller & Treasurer
  • Mr. Desmond Macauley
    Co-Chief Investment Officer & Head of Risk Management
  • Mr. Sergey Losyev C.F.A.
    CFA, Co-Chief Investment Officer
  • Mr. David B. Sayles
    Managing Director for Portfolio & Risk Analysis
  • Shane Rand
    Head of Trading & Senior Portfolio Manager

ARR Stock Analysis - Frequently Asked Questions

Should I buy or sell ARMOUR Residential REIT stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ARMOUR Residential REIT in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ARR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ARR, but not buy additional shares or sell existing shares.
View ARR analyst ratings
or view top-rated stocks.

What is ARMOUR Residential REIT's stock price target for 2024?

3 equities research analysts have issued 1 year target prices for ARMOUR Residential REIT's shares. Their ARR share price targets range from $18.50 to $20.00. On average, they expect the company's stock price to reach $19.25 in the next year. This suggests a possible upside of 5.9% from the stock's current price.
View analysts price targets for ARR
or view top-rated stocks among Wall Street analysts.

How have ARR shares performed in 2024?

ARMOUR Residential REIT's stock was trading at $19.32 at the start of the year. Since then, ARR shares have decreased by 6.0% and is now trading at $18.17.
View the best growth stocks for 2024 here
.

Are investors shorting ARMOUR Residential REIT?

ARMOUR Residential REIT saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 3,800,000 shares, an increase of 6.4% from the February 29th total of 3,570,000 shares. Based on an average daily volume of 1,150,000 shares, the days-to-cover ratio is currently 3.3 days. Currently, 7.8% of the company's shares are short sold.
View ARMOUR Residential REIT's Short Interest
.

When is ARMOUR Residential REIT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our ARR earnings forecast
.

How were ARMOUR Residential REIT's earnings last quarter?

ARMOUR Residential REIT, Inc. (NYSE:ARR) announced its earnings results on Wednesday, July, 27th. The real estate investment trust reported $1.45 earnings per share for the quarter, topping analysts' consensus estimates of $1.30 by $0.15. ARMOUR Residential REIT had a negative net margin of 12.29% and a positive trailing twelve-month return on equity of 16.49%.

How often does ARMOUR Residential REIT pay dividends? What is the dividend yield for ARMOUR Residential REIT?

ARMOUR Residential REIT declared a monthly dividend on Monday, March 25th. Shareholders of record on Monday, April 15th will be paid a dividend of $0.24 per share on Monday, April 29th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 15.85%. The ex-dividend date of this dividend is Friday, April 12th.
Read our dividend analysis for ARR
.

Is ARMOUR Residential REIT a good dividend stock?

ARMOUR Residential REIT (NYSE:ARR) pays an annual dividend of $2.88 per share and currently has a dividend yield of 16.59%. ARR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for ARR.

What ETFs hold ARMOUR Residential REIT's stock?
When did ARMOUR Residential REIT's stock split?

ARMOUR Residential REIT shares reverse split before market open on Monday, October 2nd 2023. The 1-5 reverse split was announced on Monday, October 2nd 2023. The number of shares owned by shareholders was adjusted after the market closes on Monday, October 2nd 2023. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

What other stocks do shareholders of ARMOUR Residential REIT own?
Who are ARMOUR Residential REIT's major shareholders?

ARMOUR Residential REIT's stock is owned by many different retail and institutional investors. Top institutional shareholders include Kovack Advisors Inc. (0.04%). Insiders that own company stock include Daniel C Staton, James R Mountain and Jeffrey J Zimmer.
View institutional ownership trends
.

How do I buy shares of ARMOUR Residential REIT?

Shares of ARR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ARR) was last updated on 4/20/2024 by MarketBeat.com Staff

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