ARMOUR Residential REIT Inc (ARR) is destined for greater heights as its last quarter sales were 129,930 K

On Monday, ARMOUR Residential REIT Inc (NYSE: ARR) was -3.92% drop from the session before settling in for the closing price of $20.42. A 52-week range for ARR has been $13.31 – $25.70.

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Annual sales at Real Estate sector company slipped by -3498.82% over the past five years. When this article was written, the company’s average yearly earnings per share was at -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 Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward ARMOUR Residential REIT Inc stocks. The insider ownership of ARMOUR Residential REIT Inc is 0.60%, while institutional ownership is 53.82%. 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) Performance Highlights and Predictions

Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 1.08 earnings per share (EPS) during the time that was less than consensus figure (set at 1.15) by -0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.94 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

You can see what ARMOUR Residential REIT Inc (ARR) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.28. Likewise, its price to free cash flow for the trailing twelve months is 4.53.

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 1.17 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 22.34%. Additionally, its Average True Range was 0.51.

During the past 100 days, ARMOUR Residential REIT Inc’s (ARR) raw stochastic average was set at 49.56%, which indicates a significant increase from 16.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.75% in the past 14 days, which was lower than the 27.14% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $19.88, while its 200-day Moving Average is $18.84. Nevertheless, the first resistance level for the watch stands at $20.03 in the near term. At $20.44, the stock is likely to face the second major resistance level. The third major resistance level sits at $20.87. If the price goes on to break the first support level at $19.19, it is likely to go to the next support level at $18.76. Assuming the price breaks the second support level, the third support level stands at $18.35.

ARMOUR Residential REIT Inc (NYSE: ARR) Key Stats

There are 48,752K outstanding shares of the company, which has a market capitalization of 956.87 million. As of now, sales total 552,900 K while income totals -67,920 K. Its latest quarter income was 129,930 K while its last quarter net income were -48,350 K.