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NYSE:ARR

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

$5.02
-0.03 (-0.59%)
(As of 05/31/2023 ET)
Compare
Today's Range
$4.96
$5.05
50-Day Range
$4.59
$5.37
52-Week Range
$4.38
$7.98
Volume
5.33 million shs
Average Volume
6.00 million shs
Market Capitalization
$981.46 million
P/E Ratio
N/A
Dividend Yield
19.12%
Price Target
$5.50

ARMOUR Residential REIT MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
9.6% Upside
$5.50 Price Target
Short Interest
Bearish
9.79% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.66
Upright™ Environmental Score
News Sentiment
0.70mentions of ARMOUR Residential REIT in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
0.90%
From $1.11 to $1.12 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.21 out of 5 stars

Finance Sector

887th out of 901 stocks

Real Estate Investment Trusts Industry

189th out of 190 stocks


ARR stock logo

About ARMOUR Residential REIT (NYSE:ARR) Stock

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.  

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ARR Stock News Headlines

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Laser breakthrough could send stock soaring 2,467%
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Armour Residential: Back On The Slow Road To Zero
See More Headlines
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ARR Company Calendar

Last Earnings
7/27/2022
Ex-Dividend for 4/27 Dividend
4/14/2023
Dividend Payable
4/27/2023
Ex-Dividend for 5/30 Dividend
5/12/2023
Dividend Payable
5/30/2023
Today
5/31/2023
Next Earnings (Estimated)
7/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$5.50
High Stock Price Forecast
$6.00
Low Stock Price Forecast
$5.00
Forecasted Upside/Downside
+9.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-229,930,000.00
Pretax Margin
-62.19%

Debt

Sales & Book Value

Annual Sales
$228.43 million
Cash Flow
$1.06 per share
Book Value
$6.22 per share

Miscellaneous

Free Float
194,105,000
Market Cap
$985.37 million
Optionable
Optionable
Beta
1.23

Key Executives

  • Scott J. Ulm
    Co-Vice Chairman, Co-CEO & Head-Risk Management
  • Jeffrey J. ZimmerJeffrey J. Zimmer
    Co-Vice Chairman, President & Co-CEO
  • James Robert MountainJames Robert Mountain
    Chief Financial Officer & Secretary
  • Mark Richard Gruber
    Chief Investment Officer
  • Gordon M. Harper
    Treasurer, Vice President-Finance & Controller













ARR Stock - Frequently Asked Questions

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

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ARMOUR Residential REIT in the last twelve months. There are currently 1 hold rating 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 forecast for 2023?

1 Wall Street research analysts have issued 12 month price targets for ARMOUR Residential REIT's shares. Their ARR share price forecasts range from $5.00 to $6.00. On average, they expect the company's stock price to reach $5.50 in the next twelve months. This suggests a possible upside of 9.1% 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 2023?

ARMOUR Residential REIT's stock was trading at $5.63 at the start of the year. Since then, ARR shares have decreased by 10.5% and is now trading at $5.04.
View the best growth stocks for 2023 here
.

Are investors shorting ARMOUR Residential REIT?

ARMOUR Residential REIT saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 19,150,000 shares, an increase of 17.8% from the April 30th total of 16,250,000 shares. Based on an average daily volume of 5,460,000 shares, the short-interest ratio is currently 3.5 days.
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, July 26th 2023.
View our ARR earnings forecast
.

How were ARMOUR Residential REIT's earnings last quarter?

ARMOUR Residential REIT, Inc. (NYSE:ARR) posted its quarterly earnings data on Wednesday, July, 27th. The real estate investment trust reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.03. ARMOUR Residential REIT had a negative net margin of 62.19% and a positive trailing twelve-month return on equity of 15.47%.

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 Wednesday, April 26th. Stockholders of record on Monday, May 15th will be given a dividend of $0.08 per share on Tuesday, May 30th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 19.05%. The ex-dividend date is Friday, May 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 $0.96 per share and currently has a dividend yield of 20.08%. 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 other stocks do shareholders of ARMOUR Residential REIT own?
What is ARMOUR Residential REIT's stock symbol?

ARMOUR Residential REIT trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARR."

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 BlackRock Inc. (14.86%), State Street Corp (2.87%), Geode Capital Management LLC (1.57%), Jupiter Asset Management Ltd. (1.54%), Mirae Asset Global Investments Co. Ltd. (0.77%) and Bank of New York Mellon Corp (0.65%). Insiders that own company stock include James R Mountain, Jeffrey J Zimmer, John P Hollihan III, Mark Gruber, Robert C Hain and Scott Ulm.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is ARMOUR Residential REIT's stock price today?

One share of ARR stock can currently be purchased for approximately $5.04.

How much money does ARMOUR Residential REIT make?

ARMOUR Residential REIT (NYSE:ARR) has a market capitalization of $985.37 million and generates $228.43 million in revenue each year. The real estate investment trust earns $-229,930,000.00 in net income (profit) each year or ($1.46) on an earnings per share basis.

How can I contact ARMOUR Residential REIT?

ARMOUR Residential REIT's mailing address is 3001 OCEAN DRIVE SUITE 201, VERO BEACH FL, 32963. The official website for the company is www.armourreit.com. The real estate investment trust can be reached via phone at (772) 617-4340 or via email at investors@armourreit.com.

This page (NYSE:ARR) was last updated on 5/31/2023 by MarketBeat.com Staff

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