ARMOUR Residential REIT Inc (NYSE: ARR) kicked off on Tuesday, up 1.54% from the previous trading day ,before settling in for the closing price of $19.48. Over the past 52 weeks, ARR has traded in a range of $13.31-$27.00.
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It was noted that within the last five years, the titan of the Real Estate sector saw sales slided by -3498.82%. While this was happening, its average annual earnings per share was recorded -9.38%. With a float of $48.72 million, this company’s outstanding shares have now reached $48.80 million.
The extent of productivity of a business whose workforce counts for 22 workers is very important to gauge.
ARMOUR Residential REIT Inc (ARR) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the REIT – Mortgage Industry. The insider ownership of ARMOUR Residential REIT Inc is 0.56%, while institutional ownership is 55.87%. The most recent insider transaction that took place on Dec 29 ’23, was worth 1,200,141. In this transaction Chairman of the Board of this company sold 61,682 shares at a rate of $19.46, taking the stock ownership to the 10,500 shares. Before that another transaction happened on Nov 21 ’23, when Company’s Chief Financial Officer sold 740 for $17.41, making the entire transaction worth $12,883. This insider now owns 19,502 shares in total.
ARMOUR Residential REIT Inc (ARR) Latest Financial update
In the latest quarterly report, which was put into the public domain on 12/30/2023, the organization reported $1.07 earnings per share (EPS), higher than consensus estimate (set at $1) by $0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -9.38% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -11.36% during the next five years compared to 33.80% growth over the previous five years of trading.
ARMOUR Residential REIT Inc (NYSE: ARR) Trading Performance Indicators
Take a look at ARMOUR Residential REIT Inc’s (ARR) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.16. Likewise, its price to free cash flow for the trailing twelve months is 7.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.89, a number that is poised to hit 0.98 in the next quarter and is forecasted to reach 4.50 in one year’s time.
Technical Analysis of ARMOUR Residential REIT Inc (ARR)
The latest stats from [ARMOUR Residential REIT Inc, ARR] show that its last 5-days average volume of 0.94 million was inferior to 1.14 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 68.88%. Additionally, its Average True Range was 0.40.
During the past 100 days, ARMOUR Residential REIT Inc’s (ARR) raw stochastic average was set at 85.94%, which indicates a significant decrease from 93.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.35% in the past 14 days, which was lower than the 29.07% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.21, while its 200-day Moving Average is $20.65. Now, the first resistance to watch is $19.93. This is followed by the second major resistance level at $20.07. The third major resistance level sits at $20.30. If the price goes on to break the first support level at $19.56, it is likely to go to the next support level at $19.33. The third support level lies at $19.19 if the price breaches the second support level.
ARMOUR Residential REIT Inc (NYSE: ARR) Key Stats
The company with the Market Capitalisation of 969.22 million has total of 48,750K Shares Outstanding. Its annual sales at the moment are 552,900 K in contrast with the sum of -67,920 K annual income. Company’s last quarter sales were recorded 146,200 K and last quarter income was 99,640 K.
