The closing price of ARMOUR Residential REIT Inc (NYSE: ARR) was $18.76 for the day, up 1.35% from the previous closing price of $18.51. In other words, the price has increased by $+0.25 from its previous closing price. On the day, 1904033 shares were traded. ARR stock price reached its highest trading level at $18.79 during the session, while it also had its lowest trading level at $18.23.
Ratios:
Our analysis of ARR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.92. In the meantime, Its Debt-to-Equity ratio is 7.59 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on December 06, 2023, initiated with a Neutral rating and assigned the stock a target price of $18.50.
On February 22, 2022, B. Riley Securities reiterated its Neutral rating and also upped its target price recommendation from $11 to $9.50.
On July 14, 2021, B. Riley Securities started tracking the stock assigning a Neutral rating and target price of $11.50.B. Riley Securities initiated its Neutral rating on July 14, 2021, with a $11.50 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 29 ’23 when STATON DANIEL C sold 61,682 shares for $19.46 per share. The transaction valued at 1,200,141 led to the insider holds 10,500 shares of the business.
MOUNTAIN JAMES R sold 740 shares of ARR for $12,883 on Nov 21 ’23. The Chief Financial Officer now owns 19,502 shares after completing the transaction at $17.41 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARR now has a Market Capitalization of 914.55M. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.04 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at -14.74.
Stock Price History:
Over the past 52 weeks, ARR has reached a high of $27.00, while it has fallen to a 52-week low of $13.31. The 50-Day Moving Average of the stock is 19.16, while the 200-Day Moving Average is calculated to be 20.57.
Shares Statistics:
ARR traded an average of 1.15M shares per day over the past three months and 1.26M shares per day over the past ten days. A total of 48.80M shares are outstanding, with a floating share count of 48.72M. Insiders hold about 0.56% of the company’s shares, while institutions hold 55.87% stake in the company. Shares short for ARR as of Mar 15, 2024 were 3.8M with a Short Ratio of 3.34, compared to 4.28M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.80% and a Short% of Float of 8.74%.
Dividends & Splits
With its trailing 12-month dividend rate of 5.00, ARR has a forward annual dividend rate of 2.40. Against a Trailing Annual Dividend Yield of 27.01%, it implies a Forward Annual Dividend Yield of 14.69%. The stock’s 5-year Average Dividend Yield is 16.92.
Earnings Estimates
The firm’s stock currently is rated by 1 analysts. On average, analysts expect EPS of $1.04 for the current quarter, with a high estimate of $1.04 and a low estimate of $1.04, while EPS last year was $1.35. The consensus estimate for the next quarter is $1.04, with high estimates of $1.04 and low estimates of $1.04.
Analysts are recommending an EPS of between $4.15 and $4.15 for the fiscal current year, implying an average EPS of $4.15. EPS for the following year is $4.1, with 1 analysts recommending between $4.1 and $4.1.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $750k to a low estimate of $750k. As of the current estimate, ARMOUR Residential REIT Inc’s year-ago sales were $11.99M, an estimated decrease of -93.70% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $3.39M, a decrease of -41.10% over than the figure of -$93.70% in the same quarter last year. There is a high estimate of $3.39M for the next quarter, whereas the lowest estimate is $3.39M.
A total of 1 analysts have provided revenue estimates for ARR’s current fiscal year. The highest revenue estimate was $14.51M, while the lowest revenue estimate was $14.51M, resulting in an average revenue estimate of $14.51M. In the same quarter a year ago, actual revenue was $27.14M, down -46.50% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $291.37M in the next fiscal year. The high estimate is $291.37M and the low estimate is $291.37M. The average revenue growth estimate for next year is up 1,908.10% from the average revenue estimate for this year.
