ARMOUR Residential REIT - ARR Stock Forecast, Price & News

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.
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3 Wall Street research analysts have issued 12 month target prices for ARMOUR Residential REIT's shares. Their ARR share price forecasts range from $6.00 to $8.00. On average, they anticipate the company's share price to reach $7.00 in the next year. This suggests a possible upside of 32.6% from the stock's current price.
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ARMOUR Residential REIT's stock was trading at $9.81 at the beginning of the year. Since then, ARR stock has decreased by 46.2% and is now trading at $5.28.
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ARMOUR Residential REIT saw a increase in short interest in September. As of September 15th, there was short interest totaling 11,670,000 shares, an increase of 20.6% from the August 31st total of 9,680,000 shares. Based on an average daily volume of 2,960,000 shares, the days-to-cover ratio is presently 3.9 days.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
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ARMOUR Residential REIT, Inc. (NYSE:ARR) issued its quarterly earnings data on Wednesday, July, 27th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.26 by $0.03. ARMOUR Residential REIT had a positive trailing twelve-month return on equity of 10.02% and a negative net margin of 89.15%.

ARMOUR Residential REIT declared a monthly dividend on Tuesday, September 27th. Shareholders of record on Monday, October 17th will be paid a dividend of $0.10 per share on Friday, October 28th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 22.73%. The ex-dividend date of this dividend is Friday, October 14th.
Read our dividend analysis for ARR.

ARMOUR Residential REIT (NYSE:ARR) pays an annual dividend of $1.20 per share and currently has a dividend yield of 22.26%. 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.

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 number of institutional and retail investors. Top institutional shareholders include State Street Corp (3.21%), Northern Trust Corp (0.96%), Principal Financial Group Inc. (0.56%), Van ECK Associates Corp (0.45%), Parallax Volatility Advisers L.P. (0.00%) and Rhumbline Advisers (0.26%). Insiders that own company stock include James R Mountain, Jeffrey J Zimmer, John P Hollihan III, Mark Gruber, 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 $5.28.

ARMOUR Residential REIT (NYSE:ARR) has a market capitalization of $605.30 million and generates $80.79 million in revenue each year. The real estate investment trust earns $15.36 million in net income (profit) each year or ($1.25) 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.