ARMOUR Residential REIT, Inc. (NYSE:ARR – Free Report) – Stock analysts at B. Riley issued their Q1 2025 earnings estimates for ARMOUR Residential REIT in a report released on Monday, April 21st. B. Riley analyst R. Binner forecasts that the real estate investment trust will earn $0.82 per share for the quarter. B. Riley has a “Hold” rating on the stock. The consensus estimate for ARMOUR Residential REIT’s current full-year earnings is $3.80 per share.
Other research analysts have also issued research reports about the company. Jones Trading restated a “hold” rating on shares of ARMOUR Residential REIT in a report on Thursday. JMP Securities reissued a “market perform” rating on shares of ARMOUR Residential REIT in a research note on Thursday, January 23rd. BTIG Research began coverage on shares of ARMOUR Residential REIT in a research report on Monday, February 10th. They set a “neutral” rating on the stock. Finally, StockNews.com downgraded shares of ARMOUR Residential REIT from a “hold” rating to a “sell” rating in a report on Friday, February 14th. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the company. According to MarketBeat.com, ARMOUR Residential REIT has an average rating of “Hold” and a consensus target price of $20.50.
ARMOUR Residential REIT Price Performance
NYSE ARR opened at $16.00 on Thursday. The stock’s 50 day simple moving average is $17.02 and its 200-day simple moving average is $18.31. The company has a market cap of $1.28 billion, a PE ratio of -37.21 and a beta of 1.23. ARMOUR Residential REIT has a 1-year low of $13.18 and a 1-year high of $21.93.
ARMOUR Residential REIT (NYSE:ARR – Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The real estate investment trust reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.05. ARMOUR Residential REIT had a negative net margin of 2.61% and a positive return on equity of 16.00%. The firm had revenue of $75.29 million for the quarter, compared to analyst estimates of $18.59 million.
ARMOUR Residential REIT Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $2.88 annualized dividend and a dividend yield of 18.00%. ARMOUR Residential REIT’s payout ratio is -669.77%.
Institutional Investors Weigh In On ARMOUR Residential REIT
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Barclays PLC grew its stake in shares of ARMOUR Residential REIT by 300.6% in the 3rd quarter. Barclays PLC now owns 124,470 shares of the real estate investment trust’s stock valued at $2,539,000 after buying an additional 93,397 shares during the period. JPMorgan Chase & Co. lifted its holdings in ARMOUR Residential REIT by 70.3% in the third quarter. JPMorgan Chase & Co. now owns 70,970 shares of the real estate investment trust’s stock valued at $1,448,000 after acquiring an additional 29,306 shares during the last quarter. Norges Bank purchased a new position in ARMOUR Residential REIT in the fourth quarter worth approximately $2,619,000. Proficio Capital Partners LLC acquired a new stake in ARMOUR Residential REIT during the fourth quarter worth $419,000. Finally, Van ECK Associates Corp raised its position in ARMOUR Residential REIT by 36.7% in the fourth quarter. Van ECK Associates Corp now owns 449,871 shares of the real estate investment trust’s stock valued at $8,485,000 after purchasing an additional 120,718 shares during the period. 54.17% of the stock is currently owned by institutional investors and hedge funds.
ARMOUR Residential REIT Company Profile
ARMOUR Residential REIT, Inc invests in residential mortgage-backed securities (MBS) in the United States. 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; and unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments.
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