ARMOUR Residential REIT, Inc. (NYSE:ARR – Free Report) – Investment analysts at B. Riley reduced their FY2025 EPS estimates for shares of ARMOUR Residential REIT in a note issued to investors on Wednesday, February 26th. B. Riley analyst R. Binner now expects that the real estate investment trust will post earnings of $3.50 per share for the year, down from their previous estimate of $4.35. 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. B. Riley also issued estimates for ARMOUR Residential REIT’s FY2026 earnings at $4.00 EPS.
Several other research firms have also recently weighed in on ARR. JMP Securities reiterated a “market perform” rating on shares of ARMOUR Residential REIT in a research report on Thursday, January 23rd. StockNews.com cut shares of ARMOUR Residential REIT from a “hold” rating to a “sell” rating in a research report on Friday, February 14th. Finally, BTIG Research started coverage on shares of ARMOUR Residential REIT in a research report on Monday, February 10th. They set a “neutral” rating on the stock. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. According to MarketBeat, ARMOUR Residential REIT currently has an average rating of “Hold” and an average price target of $20.50.
ARMOUR Residential REIT Stock Performance
NYSE ARR opened at $19.04 on Friday. ARMOUR Residential REIT has a twelve month low of $17.35 and a twelve month high of $21.93. The stock has a market cap of $1.91 billion, a price-to-earnings ratio of -44.27 and a beta of 1.48. The firm’s 50 day moving average price is $18.78 and its two-hundred day moving average price is $19.35.
Institutional Investors Weigh In On ARMOUR Residential REIT
A number of large investors have recently bought and sold shares of the business. Signaturefd LLC boosted its holdings in ARMOUR Residential REIT by 67.8% in the third quarter. Signaturefd LLC now owns 1,374 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 555 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in ARMOUR Residential REIT by 35.2% in the fourth quarter. Russell Investments Group Ltd. now owns 2,695 shares of the real estate investment trust’s stock worth $51,000 after purchasing an additional 702 shares in the last quarter. Summit Investment Advisors Inc. boosted its holdings in ARMOUR Residential REIT by 15.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 5,869 shares of the real estate investment trust’s stock worth $111,000 after purchasing an additional 777 shares in the last quarter. Kovack Advisors Inc. boosted its holdings in ARMOUR Residential REIT by 4.8% in the fourth quarter. Kovack Advisors Inc. now owns 21,861 shares of the real estate investment trust’s stock worth $412,000 after purchasing an additional 1,003 shares in the last quarter. Finally, Bank of Montreal Can lifted its position in ARMOUR Residential REIT by 12.3% during the 4th quarter. Bank of Montreal Can now owns 11,988 shares of the real estate investment trust’s stock worth $226,000 after acquiring an additional 1,316 shares during the last quarter. 54.17% of the stock is currently owned by institutional investors.
Insider Activity
In related news, Director Robert C. Hain sold 2,500 shares of the company’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of $18.07, for a total value of $45,175.00. Following the completion of the sale, the director now directly owns 6,793 shares in the company, valued at approximately $122,749.51. This represents a 26.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Stewart J. Paperin sold 24,852 shares of the company’s stock in a transaction on Tuesday, December 31st. The stock was sold at an average price of $18.78, for a total transaction of $466,720.56. Following the completion of the sale, the director now owns 363 shares of the company’s stock, valued at $6,817.14. This represents a 98.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.35% of the stock is currently owned by corporate insiders.
ARMOUR Residential REIT Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Monday, March 17th will be issued a dividend of $0.24 per share. This represents a $2.88 annualized dividend and a dividend yield of 15.13%. The ex-dividend date is Monday, March 17th. ARMOUR Residential REIT’s dividend payout ratio is currently -669.77%.
About ARMOUR Residential REIT
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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