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Weak Fundamental Momentum Sinks ARMOUR Residential REIT Inc.

ARMOUR Residential REIT Inc. (NYSE:ARR) has a beta value of 1.15 and has seen 0.64 million shares traded in the recent trading session. The company, currently valued at $749.20M, closed the recent trade at $5.78 per share which meant it gained $0.09 on the day or 1.67% during that session. The ARR stock price is -78.89% off its 52-week high price of $10.34 and 24.22% above the 52-week low of $4.38. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.09 million shares traded. The 3-month trading volume is 4.73 million shares.

The consensus among analysts is that ARMOUR Residential REIT Inc. (ARR) is a Hold stock at the moment, with a recommendation rating of 3.20. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 5 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $0.28.

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ARMOUR Residential REIT Inc. (NYSE:ARR) trade information

Sporting 1.67% in the green today, with the highest price hit on Tuesday, 11/22/22 when the ARR stock price touched $5.78 or saw a rise of 0.52%. Year-to-date, ARMOUR Residential REIT Inc. shares have moved -42.00%, while the 5-day performance has seen it change 0.00%. Over the past 30 days, the shares of ARMOUR Residential REIT Inc. (NYSE:ARR) have changed 19.29%. Short interest in the company has seen 15.93 million shares shorted with days to cover at 2.7.

Wall Street analysts have a consensus price target for the stock at $5.83, which means that the shares’ value could jump 0.86% from the levels at last check today. The projected low price target is $5.50 while the price target rests at a high of $6.00. In that case, then, we find that the latest price level in today’s session is -3.81% off the targeted high while a plunge would see the stock lose 4.84% from the levels at last check today.

ARMOUR Residential REIT Inc. (ARR) estimates and forecasts

Figures show that ARMOUR Residential REIT Inc. shares have outperformed across the wider relevant industry. The company’s shares have lost -23.93% over the past 6 months, with this year growth rate of 25.00%, compared to -4.10% for the industry. Revenue growth from the last financial year stood is estimated to be 83.40%.

2 analysts offering their estimates for the company have set an average revenue estimate of $35.36 million for the current quarter. 2 have an estimated revenue figure of $39.88 million for the next quarter concluding in Mar 2023.

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 15.20% over the past 5 years. Earnings growth for 2022 is a modest 101.40% while over the next 5 years, the company’s earnings are expected to decrease by -11.36%.

ARR Dividends

ARMOUR Residential REIT Inc. is expected to release its next earnings report between February 14 and February 20 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.20 at a share yield of 21.09%. The company’s dividend yield has gone up over the past 12 months.

ARMOUR Residential REIT Inc. (NYSE:ARR)’s Major holders

Insiders own 0.94% of the company shares, while shares held by institutions stand at 45.76% with a share float percentage of 46.19%. Investors are also buoyed by the number of investors in a company, with ARMOUR Residential REIT Inc. having a total of 229 institutions that hold shares in the company. The top two institutional holders are Blackrock Inc. with over 18.2 million shares worth more than $128.12 million. As of Jun 29, 2022, Blackrock Inc. held 15.88% of shares outstanding.

The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 11.71 million shares as of Jun 29, 2022. The firm’s total holdings are worth over $82.43 million and represent 10.21% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund. As of Sep 29, 2022, the former fund manager holds about 7.27% shares in the company for having 8.33 million shares of worth $40.59 million while later fund manager owns 3.08 million shares of worth $21.68 million as of Jun 29, 2022, which makes it owner of about 2.69% of company’s outstanding stock.

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