ARMOUR Residential REIT, Inc. (NYSE:ARR – Free Report) – Investment analysts at B. Riley cut their FY2025 earnings per share (EPS) estimates for shares of ARMOUR Residential REIT in a research note issued on Wednesday, February 26th. B. Riley analyst R. Binner now forecasts that the real estate investment trust will post earnings per share of $3.50 for the year, down from their previous forecast 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 equities analysts have also commented on ARR. StockNews.com lowered shares of ARMOUR Residential REIT from a “hold” rating to a “sell” rating in a research report on Friday, February 14th. JMP Securities reaffirmed a “market perform” rating on shares of ARMOUR Residential REIT in a report on Thursday, January 23rd. Finally, BTIG Research started coverage on ARMOUR Residential REIT in a research note on Monday, February 10th. They set a “neutral” rating on the stock. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $20.50.
ARMOUR Residential REIT Stock Performance
ARR stock opened at $19.00 on Friday. The firm has a fifty day moving average price of $18.78 and a 200 day moving average price of $19.36. ARMOUR Residential REIT has a fifty-two week low of $17.35 and a fifty-two week high of $21.93. The firm has a market cap of $1.91 billion, a PE ratio of -44.17 and a beta of 1.48.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in ARR. Signaturefd LLC boosted its position in ARMOUR Residential REIT by 67.8% in the 3rd quarter. Signaturefd LLC now owns 1,374 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 555 shares during the period. Russell Investments Group Ltd. raised its stake in shares of ARMOUR Residential REIT by 35.2% during the fourth quarter. Russell Investments Group Ltd. now owns 2,695 shares of the real estate investment trust’s stock valued at $51,000 after acquiring an additional 702 shares in the last quarter. Summit Investment Advisors Inc. boosted its holdings in shares of 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 valued at $111,000 after purchasing an additional 777 shares during the period. Kovack Advisors Inc. grew its stake 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 raised 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 valued at $226,000 after purchasing an additional 1,316 shares in the last quarter. Hedge funds and other institutional investors own 54.17% of the company’s stock.
Insider Transactions at ARMOUR Residential REIT
In other ARMOUR Residential REIT news, Director Stewart J. Paperin sold 24,852 shares of the stock in a transaction on Tuesday, December 31st. The stock was sold at an average price of $18.78, for a total value of $466,720.56. Following the sale, the director now owns 363 shares in the company, valued at $6,817.14. This trade represents a 98.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Robert C. Hain sold 2,500 shares of ARMOUR Residential REIT stock in a transaction on Monday, January 13th. The stock was sold at an average price of $18.07, for a total value of $45,175.00. Following the sale, the director now owns 6,793 shares of the company’s stock, valued at approximately $122,749.51. This trade represents a 26.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.35% of the company’s stock.
ARMOUR Residential REIT Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Monday, March 17th will be paid a $0.24 dividend. This represents a $2.88 annualized dividend and a dividend yield of 15.16%. 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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