News headlines about ARMOUR Residential REIT (NYSE:ARR) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. ARMOUR Residential REIT earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave media coverage about the real estate investment trust an impact score of 46.4965304692791 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s analysis:
- Two Stocks You May Need To Reconsider: ARMOUR Residential REIT, Inc. (ARR), Northrop Grumman Corporation … – AllStockNews (allstocknews.com)
- ARMOUR Residential REIT Inc (ARR) MACDH Line Holds Above Zero – Evergreen Caller (evergreencaller.com)
- Critical Comparison: ARMOUR Residential REIT, Inc. (ARR) vs. Orchid Island Capital, Inc. (ORC) – StockNewsGazette (stocknewsgazette.com)
- ARMOUR Residential REIT, Inc. (ARR) Sees Significant Drop in Short Interest (americanbankingnews.com)
- Stock Trading Watch for ARMOUR Residential REIT Inc (ARR) – Bulletin News (orobulletin.com)
ARMOUR Residential REIT (NYSE:ARR) traded down 0.11% on Friday, hitting $26.31. 555,693 shares of the company’s stock were exchanged. ARMOUR Residential REIT has a 52-week low of $20.29 and a 52-week high of $27.60. The firm has a 50 day moving average price of $25.47 and a 200-day moving average price of $24.26. The stock has a market cap of $1.09 billion, a P/E ratio of 3.46 and a beta of 0.78.
ARMOUR Residential REIT (NYSE:ARR) last announced its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.69 EPS for the quarter, beating the Zacks’ consensus estimate of $0.62 by $0.07. ARMOUR Residential REIT had a net margin of 114.11% and a return on equity of 9.26%. The firm had revenue of $39.06 million for the quarter, compared to analysts’ expectations of $34.53 million. During the same quarter in the previous year, the business posted $0.63 EPS. Analysts predict that ARMOUR Residential REIT will post $2.68 earnings per share for the current fiscal year.
The firm also recently announced a monthly dividend, which will be paid on Monday, August 28th. Stockholders of record on Tuesday, August 15th will be issued a dividend of $0.19 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 8.67%. The ex-dividend date is Friday, August 11th. ARMOUR Residential REIT’s dividend payout ratio (DPR) is presently 30.00%.
ARR has been the topic of several research analyst reports. BidaskClub lowered shares of ARMOUR Residential REIT from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 30th. TheStreet raised shares of ARMOUR Residential REIT from a “d” rating to a “c” rating in a research note on Wednesday, May 24th. Finally, ValuEngine raised shares of ARMOUR Residential REIT from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 2nd. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a strong buy rating to the company’s stock. ARMOUR Residential REIT presently has an average rating of “Buy” and a consensus price target of $23.67.
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In other ARMOUR Residential REIT news, COO Mark Gruber bought 2,000 shares of the company’s stock in a transaction dated Monday, July 31st. The shares were purchased at an average price of $25.33 per share, for a total transaction of $50,660.00. Following the acquisition, the chief operating officer now owns 15,619 shares in the company, valued at approximately $395,629.27. The purchase was disclosed in a filing with the SEC, which is available at this link. Insiders own 1.20% of the company’s stock.
ARMOUR Residential REIT Company Profile
ARMOUR Residential REIT, Inc is a real estate investment trust. The Company invests in and manages a leveraged portfolio of mortgage-backed securities (MBS) and mortgage loans. The Company invests in residential mortgage backed securities issued or guaranteed by a United States Government-sponsored enterprise (GSE), such as the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation, or a government agency, such as the Government National Mortgage Association (collectively, Agency Securities).
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