ARMOUR Residential REIT Inc. (NYSE:ARR) saw a downside of -0.20% to close Tuesday at $5.08 after subtracting -$0.01 on the day. The 5-day average trading volume is 7,525,220 shares of the company’s common stock. It has gained $5.14 in the past week and touched a new high 4 times within the past 5 days. An average of 8,225,325 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 7,247,900.
ARR’s 1-month performance is -1.74% or -$0.09 on its low of $4.97 reached on 07/17/23. The company’s shares have touched a 52-week low of $4.38 and high of $7.90, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, ARR has lost -9.77% or -$0.55 and has reached a new high 11 times. However, the current price is down -35.70% from the 52-week high price.
Insider Transactions
ARR stock investors last saw insider trading activity on Dec 22.Zimmer Jeffrey J (Co-CEO and President) most recently sold 33,378 shares at $5.82 per share on Dec 22. This transaction cost the insider $194,313.
Valuation Metrics
ARR stock has a beta of 1.22. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.90 while the price-to-book (PB) in the most recent quarter is 0.79, with the price to cash flow ratio at 18.50.
. In terms of profitability, the gross margin trailing 12 months is -14.20%. The firm’s gross profit as reported stood at $182.8 million against revenue of $228.43 million.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected ARR to announce $0.24 per share in earnings in its latest quarter, but it posted $0.23, representing a -4.20% surprise. EBITDA for the quarter stood at more than $124.25 million. Shareholders hold equity totaling $228.31 million.
Let’s look briefly at ARMOUR Residential REIT Inc. (ARR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 08 August was 45.08% to suggest the stock is trending Neutral, with historical volatility in this time period at 13.99%.
The stock’s 5-day moving average is $5.08, reflecting a -0.97% or -$0.05 change from its current price. ARR is currently trading -0.59% above its 20-day SMA, +1.20% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +10.68% and SMA200 by+6.05%.
Stochastic %K and %D was 25.17% and 24.09% and the average true range (ATR) pointed at 0.10. The RSI (14) points at 46.70%, while the 14-day stochastic is at 21.05% with the period’s ATR at 0.11. The stock’s 9-day MACD Oscillator is pointing at -0.02 and -0.03 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for ARMOUR Residential REIT Inc. (NYSE: ARR), B. Riley Securities reiterated its a Neutral rating for the company but lifted their price target by $11 to $9.50. Analysts offering their rating for ARR stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate ARR as a “sell,”, while 5 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.
What is ARR’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $5.00 and a high of $6.00, with their median price target at $5.50. Looking at these predictions, the average price target given by analysts is for ARMOUR Residential REIT Inc. (ARR) stock is $5.50.
