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ARMOUR Residential REIT (NYSE:ARR) has received a consensus recommendation of “Hold” from the nine analysts that are covering the company, AR Network reports. Two analysts have rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $4.73.

ARR has been the subject of a number of recent research reports. Analysts at Keefe, Bruyette & Woods raised their price target on shares of ARMOUR Residential REIT from $4.25 to $4.50 in a research note on Friday, August 1st. They now have a “market perform” rating on the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of ARMOUR Residential REIT in a research note on Friday, August 1st. They now have a $4.40 price target on the stock, up previously from $4.20.

ARMOUR Residential REIT (NYSE:ARR) opened at 4.20 on Monday. ARMOUR Residential REIT has a one year low of $3.64 and a one year high of $4.53. The stock has a 50-day moving average of $4.26 and a 200-day moving average of $4.2. The company’s market cap is $1.500 billion.

ARMOUR Residential REIT (NYSE:ARR) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.13 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.16 by $0.03. During the same quarter in the prior year, the company posted $0.18 earnings per share. On average, analysts predict that ARMOUR Residential REIT will post $0.59 earnings per share for the current fiscal year.

ARMOUR Residential REIT, Inc(NYSE:ARR) is an externally-managed Maryland corporation managed by ARMOUR Residential REIT, Inc The Company invests primarily in hybrid adjustable rate, adjustable rate and fixed rate residential mortgage backed securities (RMBS).

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