NYSE:ARRARMOUR Residential REIT Stock Price, Forecast & News

$8.15

-0.05 (-0.61 %)

(As of 06/2/2020 01:40 PM ET)

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Today's Range

$8.12

Now: $8.15▼

$8.37

50-Day Range

$6.88

MA: $8.12▼

$9.18

52-Week Range

$4.95

Now: $8.15▼

$21.15

Volume1.10 million shs

Average Volume1.46 million shs

Market Capitalization$526.41 million

P/E RatioN/A

Dividend Yield26.05%

Beta1.05

ARMOUR Residential REIT, Inc. invests in residential mortgage backed securities in the United States. The company is managed by ARMOUR Capital Management LP. 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, as well as unsecured notes and bonds issued by the GSE and the United States treasuries; and money market instruments. The company also invests in other securities backed by residential mortgages for which the payment of principal and interest is not guaranteed by a GSE or government agency. ARMOUR Residential REIT, Inc. has elected to be taxed as a real estate investment trust under the Internal Revenue Code. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. The company was founded in 2008 and is based in Vero Beach, Florida.

Beat the Market (BTM) Rank^™

3.0 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 1 buy rating, 3 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $13.50, ARMOUR Residential REIT has a potential upside of 66.1% from its current price of $8.13.
Amount of Analyst Coverage
ARMOUR Residential REIT has only been the subject of 3 research reports in the past 90 days.

1.8 Community Rank

Outperform Votes
ARMOUR Residential REIT has received 256 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
ARMOUR Residential REIT has received 448 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
ARMOUR Residential REIT has received 63.64% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about ARMOUR Residential REIT and other stocks. Vote “Outperform” if you believe ARR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ARR will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
ARMOUR Residential REIT is a leading dividend payer. It pays a dividend yield of 26.05%, 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 Coverage
The dividend payout ratio of ARMOUR Residential REIT is 89.87 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, ARMOUR Residential REIT will have a dividend payout ratio of 136.00 % in the coming year. This indicates that ARMOUR Residential REIT may not be able to sustain their current dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ARMOUR Residential REIT insiders have bought more of their company's stock than they have sold. Specifically, they have bought $263,015.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 1.30% of the stock of ARMOUR Residential REIT is held by insiders.
Percentage Held by Institutions
52.69% 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 6.38% in the coming year, from $1.41 to $1.50 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of ARMOUR Residential REIT is -0.86, 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 -0.86, 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 0.33. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.34 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Real estate investment trusts

Sub-IndustryMortgage REITs

SectorFinance

Current SymbolNYSE:ARR

Previous Symbol

CUSIP04231510

CIK1428205

Webwww.armourreit.com

Phone772-617-4340

Debt

Debt-to-Equity RatioN/A

Current Ratio0.43

Quick Ratio0.43

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio5.78

P/E GrowthN/A

Sales & Book Value

Annual Sales$439.57 million

Price / Sales1.20

Cash Flow$3.57 per share

Price / Cash Flow2.28

Book Value$24.40 per share

Price / Book0.33

Profitability

EPS (Most Recent Fiscal Year)$2.27

Net Income$-249,900,000.00

Net Margins-154.29%

Return on Equity11.20%

Return on Assets1.20%

Miscellaneous

EmployeesN/A

Outstanding Shares64,590,000

Market Cap$526.41 million

Next Earnings Date7/22/2020 (Estimated)

OptionableOptionable

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ARMOUR Residential REIT (NYSE:ARR) Frequently Asked Questions

How has ARMOUR Residential REIT's stock been impacted by COVID-19 (Coronavirus)?

ARMOUR Residential REIT's stock was trading at $16.38 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ARR shares have decreased by 50.4% and is now trading at $8.13. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of ARMOUR Residential REIT?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ARMOUR Residential REIT in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for ARMOUR Residential REIT.

When is ARMOUR Residential REIT's next earnings date?

ARMOUR Residential REIT is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for ARMOUR Residential REIT.

How were ARMOUR Residential REIT's earnings last quarter?

ARMOUR Residential REIT, Inc. (NYSE:ARR) issued its quarterly earnings data on Wednesday, February, 19th. The real estate investment trust reported $0.55 earnings per share for the quarter, topping analysts' consensus estimates of $0.54 by $0.01. The real estate investment trust earned $41.06 million during the quarter. ARMOUR Residential REIT had a negative net margin of 154.29% and a positive return on equity of 11.20%. View ARMOUR Residential REIT's earnings history.

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, May 20th. Investors of record on Monday, June 15th will be paid a dividend of $0.09 per share on Monday, June 29th. This represents a $1.08 annualized dividend and a dividend yield of 13.28%. The ex-dividend date of this dividend is Friday, June 12th. View ARMOUR Residential REIT's dividend history.

What price target have analysts set for ARR?

5 analysts have issued 1 year target prices for ARMOUR Residential REIT's shares. Their forecasts range from $8.00 to $20.00. On average, they anticipate ARMOUR Residential REIT's stock price to reach $13.50 in the next twelve months. This suggests a possible upside of 66.1% from the stock's current price. View analysts' price targets for ARMOUR Residential REIT.

Has ARMOUR Residential REIT been receiving favorable news coverage?

News headlines about ARR stock have trended very positive this week, InfoTrie reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ARMOUR Residential REIT earned a news sentiment score of 3.5 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutARMOUR Residential REIT.

Are investors shorting ARMOUR Residential REIT?

ARMOUR Residential REIT saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 1,220,000 shares, a decrease of 38.1% from the April 15th total of 1,970,000 shares. Based on an average trading volume of 1,580,000 shares, the days-to-cover ratio is presently 0.8 days. Approximately 2.1% of the company's shares are sold short. View ARMOUR Residential REIT's Current Options Chain.

Who are some of ARMOUR Residential REIT's key competitors?

Some companies that are related to ARMOUR Residential REIT include ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), Starwood Property Trust (STWD), CHIMERA INVT CO/SH NEW (CIM), Apollo Commercial Real Est. Finance (ARI), Two Harbors Investment (TWO), PennyMac Mortgage Investment Trust (PMT), Colony Capital (CLNY), NY MTG TR INC/SH (NYMT), MFA FINL INC/SH (MFA), Redwood Trust (RWT), CAPSTEAD MTG CO/SH (CMO), Invesco Mortgage Capital (IVR), Ready Capital (RC) and Dynex Capital (DX). View all competitors.

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 CAP MGMT/SH (NLY), Orchid Island Capital (ORC), CHIMERA INVT CO/SH NEW (CIM), New Residential Investment (NRZ), Energy Transfer LP Unit (ET), Prospect Capital (PSEC), AT&T (T), NY MTG TR INC/SH (NYMT) and NGL Energy Partners (NGL).

Who are ARMOUR Residential REIT's key executives?

ARMOUR Residential REIT's management team includes the following people:

Mr. Jeffrey J. Zimmer, Co-CEO, Co-Vice Chairman & Pres (Age 62)
Mr. Scott J. Ulm, Co-CEO, Co-Vice Chairman & Chief Risk Officer (Age 61)
Mr. James Robert Mountain C.P.A., CFO, Treasurer & Sec. (Age 60)
Mr. Mark Richard Gruber, COO & Chief Investment Officer (Age 43)
Mr. Gordon M. Harper, VP of Fin. & Controller (Age 52)

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 a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (17.10%), Invesco Ltd. (3.23%), State Street Corp (3.23%), Geode Capital Management LLC (1.32%), Bank of New York Mellon Corp (1.02%) and JPMorgan Chase & Co. (0.92%). Company insiders that own ARMOUR Residential REIT stock include Daniel C Staton, James R Mountain, Jeffrey J Zimmer, John P Hollihan III, Robert C Hain and Scott Ulm. View institutional ownership trends for ARMOUR Residential REIT.

Which major investors are selling ARMOUR Residential REIT stock?

ARR stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., BlackRock Inc., WINTON GROUP Ltd, Morgan Stanley, Deutsche Bank AG, Chicago Equity Partners LLC, Arizona State Retirement System, and Principal Financial Group Inc.. View insider buying and selling activity for ARMOUR Residential REIT.

Which major investors are buying ARMOUR Residential REIT stock?

ARR stock was purchased by a variety of institutional investors in the last quarter, including Squarepoint Ops LLC, JPMorgan Chase & Co., State Street Corp, Nuveen Asset Management LLC, Two Sigma Investments LP, Catalyst Capital Advisors LLC, Ensign Peak Advisors Inc, and Wells Fargo & Company MN. Company insiders that have bought ARMOUR Residential REIT stock in the last two years include Daniel C Staton, James R Mountain, Jeffrey J Zimmer, John P Hollihan III, and Scott Ulm. View insider buying and selling activity for ARMOUR Residential REIT.

How do I buy shares of ARMOUR Residential REIT?

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

What is ARMOUR Residential REIT's stock price today?

One share of ARR stock can currently be purchased for approximately $8.13.

How big of a company is ARMOUR Residential REIT?

ARMOUR Residential REIT has a market capitalization of $525.12 million and generates $439.57 million in revenue each year. The real estate investment trust earns $-249,900,000.00 in net income (profit) each year or $2.27 on an earnings per share basis.

What is ARMOUR Residential REIT's official website?

The official website for ARMOUR Residential REIT is www.armourreit.com.

How can I contact ARMOUR Residential REIT?

ARMOUR Residential REIT's mailing address is 3001 OCEAN DRIVE SUITE 201, VERO BEACH FL, 32963. The real estate investment trust can be reached via phone at 772-617-4340 or via email at [email protected]

This page was last updated on 6/2/2020 by MarketBeat.com Staff