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

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ARMOUR Residential REIT in the last year. 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.

1 equities 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 anticipate the company's stock price to reach $5.50 in the next year. This suggests a possible upside of 18.9% from the stock's current price.
View analysts price targets for ARR or view top-rated stocks among Wall Street analysts.

ARMOUR Residential REIT's stock was trading at $5.63 at the start of the year. Since then, ARR stock has decreased by 17.9% and is now trading at $4.6250.
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ARMOUR Residential REIT saw a increase in short interest in the month of August. As of August 15th, there was short interest totaling 17,880,000 shares, an increase of 27.1% from the July 31st total of 14,070,000 shares. Based on an average daily trading volume, of 6,990,000 shares, the days-to-cover ratio is presently 2.6 days.
View ARMOUR Residential REIT's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our ARR earnings forecast.

ARMOUR Residential REIT, Inc. (NYSE:ARR) announced its quarterly earnings results 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 positive trailing twelve-month return on equity of 15.92% and a negative net margin of 23.32%.

ARMOUR Residential REIT declared a monthly dividend on Tuesday, August 29th. Shareholders of record on Friday, September 15th will be paid a dividend of $0.08 per share on Thursday, September 28th. This represents a $0.96 annualized dividend and a dividend yield of 20.76%. The ex-dividend date is Thursday, September 14th.
Read our dividend analysis for ARR.

ETFs with the largest weight of ARMOUR Residential REIT (NYSE:ARR) stock in their portfolio include Invesco KBW High Dividend Yield Financial ETF (KBWD), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), VanEck Mortgage REIT Income ETF (MORT), Global X SuperDividend REIT ETF (SRET), iShares Mortgage Real Estate ETF (REM) and Invesco S&P SmallCap 600 Pure Growth ETF (RZG).iShares Micro-Cap ETF (IWC).

ARMOUR Residential REIT (NYSE:ARR) pays an annual dividend of $4.80 per share and currently has a dividend yield of 19.83%. 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.

ARMOUR Residential REIT's stock reverse split on the morning of Monday, October 2nd 2023. The 1-5 reverse split was announced on Monday, October 2nd 2023. The number of shares owned by shareholders will be 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.

Based on aggregate information from My MarketBeat watchlists, some companies that other ARMOUR Residential REIT investors own include AGNC Investment (AGNC), Annaly Capital Management (NLY), Chimera Investment (CIM), Orchid Island Capital (ORC), Prospect Capital (PSEC), Energy Transfer (ET), AT&T (T), New Residential Investment (NRZ), NGL Energy Partners (NGL) and New York Mortgage Trust (NYMT).

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

ARMOUR Residential REIT's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.51%), State Street Corp (2.76%), Geode Capital Management LLC (1.66%), Northern Trust Corp (0.96%), Jupiter Asset Management Ltd. (0.89%) and Charles Schwab Investment Management Inc. (0.66%). Insiders that own company stock include James R Mountain, Jeffrey J Zimmer, John P Hollihan III, Robert C Hain and Scott Ulm.
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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.
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One share of ARR stock can currently be purchased for approximately $4.63.

ARMOUR Residential REIT (NYSE:ARR) has a market capitalization of $1.06 billion and generates $-88,821,000.00 in revenue each year. The real estate investment trust earns $-229,930,000.00 in net income (profit) each year or ($0.68) on an earnings per share basis.

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.