NYSE:ARR

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

$5.02

-0.03 (-0.59%)

(As of 05/31/2023 ET)

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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: 0.70
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

1.0

Analyst's Opinion

Consensus Rating
ARMOUR Residential REIT has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $5.50, ARMOUR Residential REIT has a forecasted upside of 9.6% from its current price of $5.02.
Amount of Analyst Coverage
ARMOUR Residential REIT has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
9.79% of the outstanding shares of ARMOUR Residential REIT have been sold short.
Short Interest Ratio / Days to Cover
ARMOUR Residential REIT has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in ARMOUR Residential REIT has recently increased by 17.85%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
ARMOUR Residential REIT is a leading dividend payer. It pays a dividend yield of 20.08%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
ARMOUR Residential REIT does not have a long track record of dividend growth.
Dividend Sustainability
Based on EPS estimates, ARMOUR Residential REIT will have a dividend payout ratio of 85.71% in the coming year. This indicates that ARMOUR Residential REIT may not be able to sustain their current dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
ARMOUR Residential REIT has received a -203.74% net impact score from Upright. The largest negative impact of ARMOUR Residential REIT in category "Societal stability & understanding among people" is driven by its "Mutual funds investing in government-sponsored mortgage-backed securities" product. See details.
Environmental Sustainability
The Environmental Impact score for ARMOUR Residential REIT is -0.66.

2.1

News and Social Media Coverage

News Sentiment
ARMOUR Residential REIT has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for ARMOUR Residential REIT this week, compared to 2 articles on an average week.
Search Interest
Only 71 people have searched for ARR on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.
MarketBeat Follows
Only 36 people have added ARMOUR Residential REIT to their MarketBeat watchlist in the last 30 days. This is a decrease of -8% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ARMOUR Residential REIT insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.72% of the stock of ARMOUR Residential REIT is held by insiders.
Percentage Held by Institutions
50.73% of the stock of ARMOUR Residential REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for ARMOUR Residential REIT are expected to grow by 0.90% in the coming year, from $1.11 to $1.12 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of ARMOUR Residential REIT is -3.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of ARMOUR Residential REIT is -3.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
ARMOUR Residential REIT has a P/B Ratio of 0.81. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

May 16, 2023 | marketbeat.com

These 10%+ Yields are Mystery Meats – Avoid!

May 31, 2023 | msn.com

ARMOUR Residential REIT declares $0.08 dividend

May 31, 2023 | Behind the Markets (Ad)

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May 30, 2023 | finance.yahoo.com

ARMOUR Residential REIT, Inc. Announces June 2023 Dividend Rate Per Common Share

May 19, 2023 | americanbankingnews.com

ARMOUR Residential REIT (NYSE:ARR) Coverage Initiated by Analysts at StockNews.com

May 12, 2023 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Financial Stocks: Owl Rock Capital (ORCC), BRT Apartments (BRT) and ARMOUR Residential REIT (ARR)

May 4, 2023 | americanbankingnews.com

ARMOUR Residential REIT, Inc. (NYSE:ARR) to Post Q2 2023 Earnings of $0.26 Per Share, B. Riley Forecasts

April 28, 2023 | americanbankingnews.com

ARMOUR Residential REIT, Inc. (ARR) to Issue Monthly Dividend of $0.08 on May 30th

May 31, 2023 | Behind the Markets (Ad)

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April 26, 2023 | finance.yahoo.com

ARMOUR Residential REIT, Inc. Announces Q1 Results and March 31, 2023 Financial Position

April 26, 2023 | finance.yahoo.com

ARMOUR Residential REIT, Inc. Announces May 2023 Dividend Rate Per Common Share

April 25, 2023 | finance.yahoo.com

ARMOUR Residential REIT, Inc. First Quarter 2023 Webcast Scheduled for April 27, 2023

April 24, 2023 | americanbankingnews.com

ARMOUR Residential REIT (ARR) to Release Quarterly Earnings on Tuesday

April 12, 2023 | americanbankingnews.com

ARMOUR Residential REIT, Inc. (ARR) to Issue Monthly Dividend of $0.08 on April 27th

April 7, 2023 | benzinga.com

ARMOUR Residential REIT, Inc. (ARR) Stock Increases 5.13% This Week; Should You Buy?

April 5, 2023 | seekingalpha.com

Armour Residential: Back On The Slow Road To Zero

April 3, 2023 | finance.yahoo.com

ARMOUR Residential REIT, Inc. Confirms April 2023 Common Share and Series C Preferred Share Dividends

March 29, 2023 | msn.com

ARMOUR Residential REIT (ARR) Declares $0.08 Dividend

March 27, 2023 | finance.yahoo.com

ARMOUR Residential REIT, Inc. Announces Guidance for April 2023 Dividend Rate Per Common Share

March 18, 2023 | thestreet.com

ARMOUR Residential REIT Stock Falls On Unusually High Volume (ARR)

February 19, 2023 | nasdaq.com

First Week of October 20th Options Trading For ARMOUR Residential REIT (ARR)

February 18, 2023 | seekingalpha.com

ARMOUR Residential REIT, Inc. (ARR) Q4 2022 Earnings Call Transcript

February 15, 2023 | msn.com

ARMOUR Residential REIT Non-GAAP EPS of $0.27 misses by $0.03

February 15, 2023 | finance.yahoo.com

ARMOUR Residential REIT, Inc. Announces Q4 Results and December 31, 2022 Financial Position

February 15, 2023 | finance.yahoo.com

ARMOUR Residential REIT, Inc. Announces March 2023 Dividend Rate Per Common Share

February 14, 2023 | finance.yahoo.com

ARMOUR Residential REIT, Inc. Fourth Quarter 2022 Webcast Scheduled for February 16, 2023

February 8, 2023 | seekingalpha.com

Armour Residential: Higher Borrowing Rates Threaten ARR's Yield, Some Bullish Signs In The Charts

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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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

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Real estate investment trusts
Sub-Industry: Mortgage REITs
Sector: Finance
Current Symbol: NYSE:ARR
CUSIP: 04231510
CIK: 1428205
Web: www.armourreit.com
Phone: (772) 617-4340
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

EPS (Most Recent Fiscal Year): ($1.46)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 4.54
P/E Growth: N/A
Net Income: $-229,930,000.00
Net Margins: -62.19%
Pretax Margin: -62.19%
Return on Equity: 15.47%
Return on Assets: 1.55%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.03
Quick Ratio: 0.03

Sales & Book Value

Annual Sales: $228.43 million
Price / Sales: 4.31
Cash Flow: $1.06 per share
Price / Cash Flow: 4.75
Book Value: $6.22 per share
Price / Book: 0.81

Miscellaneous

Outstanding Shares: 195,510,000
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. Zimmer
Co-Vice Chairman, President & Co-CEO

James Robert Mountain
Chief Financial Officer & Secretary

Mark Richard Gruber
Chief Investment Officer

Gordon M. Harper
Treasurer, Vice President-Finance & Controller

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

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.
What ETFs hold ARMOUR Residential REIT's stock?: ETFs with the largest weight of ARMOUR Residential REIT (NYSE:ARR) stock in their portfolio include Invesco KBW High Dividend Yield Financial ETF (KBWD), VanEck Mortgage REIT Income ETF (MORT), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), iShares Mortgage Real Estate ETF (REM), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), Hoya Capital High Dividend Yield ETF (RIET), Global X SuperDividend ETF (SDIV) and Invesco S&P SmallCap Financials ETF (PSCF).

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

ARMOUR Residential REIT MarketRank™ Forecast

Overall MarketRank™