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Friday, September 29, 2023

Insights Into ARMOUR Residential REIT Inc. (ARR) Exposure By Institutions

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for ARMOUR Residential REIT Inc. (ARR) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.01, or 0.20%, to $4.89. The ARMOUR Residential REIT Inc. has recorded 48,928 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that ARMOUR Residential REIT, Inc. Announces One-for-Five Reverse Stock Split, Continued Dividend Rate per Common Share for September 2023 and Stable Q4 Dividend Guidance.

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Stocks Info

ARMOUR Residential REIT Inc. is listed on the NYSE in the Real Estate sector while operating in the REIT – Mortgage industry. At the end of the last regular session, the stock closed at $4.88 and fluctuated between $4.9681 as its day high and $4.8800 as its day low. The current market capitalization of ARMOUR Residential REIT Inc. is $1.11B. A total of 5.21 million shares were traded on the day, compared to an average of 7.20M shares.

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, ARR has seen 17 BUY and 8 SELL insider trades, representing the acquisition of 99,890 and the disposition of 28,027 shares. Over the last 12 months, there were 68 BUYs and 33 SELLs from insiders. Insiders purchased 370,810 shares during that period but sold 138,208.

In the most recent transaction, Zimmer Jeffrey J sold 33,378 shares of ARR for 5.82 per share on Dec 22. After the transaction, the Co-CEO and President now owns 193,476 company shares.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. ARR’s most recent ex-dividend date was 9/14/2023 when it declared a $0.08 quarterly dividend that was paid in cash on 9/28/2023. Previously, the company paid the dividend on 8/30/2023 with an ex-dividend date of 8/14/2023. The ARR stock dividend was $0.08 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for ARR in the last 3 months, the mean price target is $5.50 with high estimates of $6.00 and low estimates of $5.00. In terms of 52-week highs and lows, ARR has a high of $7.30 and a low of $4.38.

As of this writing, ARR has an earnings estimate of $0.22 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.25 per share and a lower estimate of $0.2.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $6.46, while its Total Shareholder’s Equity was $1.14B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 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 Buy with a score of 3.00.

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