ARMOUR Residential REIT, Inc. (NYSE:ARR) has a beta value of 1.05 and has seen 1,299,333 shares traded in the last trading session. The company, currently valued at $580.63 Million, closed the last trade at $8.99 per share which meant it lost -$0.2 on the day or -2.71% during that session. The ARR stock price is -135.26% off its 52-week high price of $21.15 and 44.94% above the 52-week low of $4.95. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.48 Million shares traded. The 3-month trading volume is 1.78 Million shares.
ARMOUR Residential REIT, Inc. (NYSE:ARR) trade information
Despite being -2.71% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Wednesday, Jul 01 when the ARR stock price touched $9.60-6 or saw a rise of 6.35%. Year-to-date, ARMOUR Residential REIT, Inc. shares have moved -49.69%, while the 5-day performance has seen it change -5.27%. Over the past 30 days, the shares of ARMOUR Residential REIT, Inc. (NYSE:ARR) have changed 12.37%. Short interest in the company has seen 2.49 Million shares shorted with days to cover at 1.4.
ARMOUR Residential REIT, Inc. (ARR) estimates and forecasts
Figures show that ARMOUR Residential REIT, Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -50.17% over the past 6 months, with this year growth rate of -37.89%, compared to -27.3% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -58.7% and -50.9% for the next quarter. Revenue growth from the last financial year stood is estimated to be +0.9%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -1% over the past 5 years. Earnings growth for 2020 is a modest -57.3% while over the next 5 years, the company’s earnings are expected to increase by -3.02%.
ARMOUR Residential REIT, Inc. is expected to release its next earnings report between July 22 and July 27 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.2 at a share yield of 12.99%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 13.75%.