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Friday, December 2, 2022

Investing In ARMOUR Residential REIT Inc. (NYSE: ARR): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for ARMOUR Residential REIT Inc. (ARR) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by +$0.04, or +0.78%, to $5.19. Volume reached 46,294 shares, with price reaching a high of $5.2 and a low of $5.09. Earlier, Yahoo Finance discussed this stock as it revealed ARMOUR Residential REIT, Inc. Confirms October 2022 Dividend Rate Per Common Share and Q4 2022 Monthly Dividend Rate Per Series C Preferred Share.


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Stocks Info

The company is listed on the NYSE and operates within the REIT – Mortgage industry segment. At the end of the last regular session, the stock closed at $5.15 and fluctuated between $5.31 as its day high and $4.92 as its day low. The current market capitalization of ARMOUR Residential REIT Inc. is $583.08M. A total of 5.87 million shares were traded on the day, compared to an average of 3.42M shares.

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, ARR has seen 15 BUY and 8 SELL insider trades, representing the acquisition of 63,600 and the disposition of 19,947 shares. Over the last 12 months, there were 62 BUYs and 30 SELLs from insiders. Insiders purchased 257,586 shares during that period but sold 74,948.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. ARR’s most recent ex-dividend date was 09/14/2022 when it declared a $0.10 quarterly dividend that was paid in cash on 09/29/2022. Previously, the company paid the dividend on 08/29/2022 with an ex-dividend date of 08/12/2022. The dividend was $0.10 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for ARR in the last 3 months, the mean price target is $7.17 with high estimates of $8.50 and low estimates of $6.00. In terms of 52-week highs and lows, ARR has a high of $11.18 and a low of $4.57.

As of this writing, ARR has an earnings estimate of $0.31 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of $0.31 per share and a lower estimate of $0.31. The company reported an EPS of $0.29 in the last quarter, which was 16% higher than expectations of $0.25.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 5 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ARR is Overweight with a score of 3.00. A total of 0 analysts rated the stock as Buy while 0 rated it as Overweight while 4 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.

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