ARMOUR Residential REIT Inc (NYSE: ARR) kicked off on Monday, up 0.44% from the previous trading day, before settling in for the closing price of $20.47. Over the past 52 weeks, ARR has traded in a range of $13.31-$26.90.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Real Estate sector company slipped by -3498.82% over the past five years. While this was happening, its average annual earnings per share was recorded -16.78%. With a float of $48.47 million, this company’s outstanding shares have now reached $48.80 million.
Let’s look at the performance matrix of the company that is accounted for 22 employees.
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 0.60%, while institutional ownership is 54.03%. The most recent insider transaction that took place on May 30 ’24, was worth 19,020. In this transaction Co-Chief Investment Officer of this company bought 1,000 shares at a rate of $19.02, taking the stock ownership to the 1,000 shares. Before that another transaction happened on Dec 29 ’23, when Company’s Chairman of the Board sold 61,682 for $19.46, making the entire transaction worth $1,200,141. This insider now owns 10,500 shares in total.
ARMOUR Residential REIT Inc (ARR) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 1.08 earnings per share (EPS), lower than consensus estimate (set at 1.15) by -0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.97 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -16.78% 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 3.43. Likewise, its price to free cash flow for the trailing twelve months is 4.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.77, a number that is poised to hit 0.98 in the next quarter and is forecasted to reach 4.15 in one year’s time.
Technical Analysis of ARMOUR Residential REIT Inc (ARR)
ARMOUR Residential REIT Inc (NYSE: ARR) saw its 5-day average volume 1.46 million, a positive change from its year-to-date volume of 1.1 million. As of the previous 9 days, the stock’s Stochastic %D was 19.75%. Additionally, its Average True Range was 0.46.
During the past 100 days, ARMOUR Residential REIT Inc’s (ARR) raw stochastic average was set at 70.09%, which indicates a significant increase from 37.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.40% in the past 14 days, which was higher than the 26.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.78, while its 200-day Moving Average is $18.79. Nevertheless, the first resistance level for the watch stands at $20.79 in the near term. At $21.03, the stock is likely to face the second major resistance level. The third major resistance level sits at $21.20. If the price goes on to break the first support level at $20.39, it is likely to go to the next support level at $20.22. The third support level lies at $19.98 if the price breaches the second support level.
ARMOUR Residential REIT Inc (NYSE: ARR) Key Stats
The company with the Market Capitalisation of 1.00 billion has total of 48,752K 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 129,930 K and last quarter income was -48,350 K.
