ARMOUR Residential REIT Inc (NYSE: ARR) is 5.59% higher on its value in year-to-date trading and has touched a low of $13.31 and a high of $21.93 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ARR stock was last observed hovering at around $20.51 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $20.40, the stock is -0.52% and 0.05% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.28 million and changing -0.54% at the moment leaves the stock 4.39% off its SMA200. ARR registered -3.09% loss for a year compared to 6-month gain of 3.98%. The firm has a 50-day simple moving average (SMA 50) of $20.3758 and a 200-day simple moving average (SMA200) of $19.54925.
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The stock witnessed a 0.39% loss in the last 1 month and extending the period to 3 months gives it a 6.53%, and is 1.44% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.24% over the week and 1.35% over the month.
ARMOUR Residential REIT Inc (ARR) has around 22 employees, a market worth around $994.91M and $292.15M in sales. Fwd P/E is 5.00. Profit margin for the company is -42.92%. Distance from 52-week low is 53.21% and -6.98% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.80%).
with sales reaching $50.7M over the same period.The EPS is expected to shrink by -17.33% this year, but quarterly earnings will post 537.90% year-over-year. Quarterly sales are estimated to grow 101.80% in year-over-year returns.
ARMOUR Residential REIT Inc (ARR) Top Institutional Holders
225.0 institutions hold shares in ARMOUR Residential REIT Inc (ARR), with institutional investors hold 53.73% of the company’s shares. The shares outstanding are 48.80M, and float is at 48.47M with Short Float at 9.85%. Institutions hold 53.39% of the Float.
ARMOUR Residential REIT Inc (ARR) Insider Activity
The most recent transaction is an insider purchase by Macauley Desmond, the company’s Co-Chief Investment Officer. SEC filings show that Macauley Desmond bought 1,000 shares of the company’s common stock on May 30 ’24 at a price of $19.02 per share for a total of $19020.0. Following the purchase, the insider now owns 1000.0 shares.
ARMOUR Residential REIT Inc disclosed in a document filed with the SEC on Dec 29 ’23 that STATON DANIEL C (Chairman of the Board) sold a total of 61,682 shares of the company’s common stock. The trade occurred on Dec 29 ’23 and was made at $19.46 per share for $1.2 million. Following the transaction, the insider now directly holds 10500.0 shares of the ARR stock.
Still, SEC filings show that on Nov 21 ’23, MOUNTAIN JAMES R (Chief Financial Officer) disposed off 740 shares at an average price of $17.41 for $12883.0. The insider now directly holds 19,502 shares of ARMOUR Residential REIT Inc (ARR).
