B. Riley Brokers Decrease Earnings Estimates for ARR

ARMOUR Residential REIT, Inc. (NYSE:ARR - Free Report) - Analysts at B. Riley dropped their FY2025 earnings per share estimates for shares of ARMOUR Residential REIT in a research note issued to investors on Wednesday, February 26th. B. Riley analyst R. Binner now expects that the real estate investment trust will post earnings per share of $3.50 for the year, down from their prior forecast of $4.35. B. Riley currently has a "Hold" rating on the stock. The consensus estimate for ARMOUR Residential REIT's current full-year earnings is $3.80 per share. B. Riley also issued estimates for ARMOUR Residential REIT's FY2026 earnings at $4.00 EPS.

Several other research analysts have also recently weighed in on the stock. JMP Securities restated a "market perform" rating on shares of ARMOUR Residential REIT in a research report on Thursday, January 23rd. BTIG Research assumed coverage on ARMOUR Residential REIT in a research note on Monday, February 10th. They set a "neutral" rating on the stock. Finally, StockNews.com cut shares of ARMOUR Residential REIT from a "hold" rating to a "sell" rating in a research report on Friday, February 14th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $20.50.

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ARMOUR Residential REIT Price Performance

Shares of ARR traded down $0.09 during mid-day trading on Friday, reaching $18.57. The company had a trading volume of 2,391,112 shares, compared to its average volume of 1,453,011. ARMOUR Residential REIT has a twelve month low of $17.35 and a twelve month high of $21.93. The company's 50-day moving average is $18.78 and its 200-day moving average is $19.33. The company has a market capitalization of $1.87 billion, a P/E ratio of -43.17 and a beta of 1.48.

ARMOUR Residential REIT Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, March 27th. Investors of record on Monday, March 17th will be given a dividend of $0.24 per share. The ex-dividend date is Monday, March 17th. This represents a $2.88 annualized dividend and a dividend yield of 15.51%. ARMOUR Residential REIT's payout ratio is -669.77%.

Insiders Place Their Bets

In related news, Director Robert C. Hain sold 2,500 shares of the company's stock in a transaction on Monday, January 13th. The stock was sold at an average price of $18.07, for a total transaction of $45,175.00. Following the completion of the sale, the director now owns 6,793 shares in the company, valued at approximately $122,749.51. This represents a 26.90 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Stewart J. Paperin sold 24,852 shares of the stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of $18.78, for a total transaction of $466,720.56. Following the completion of the sale, the director now owns 363 shares of the company's stock, valued at approximately $6,817.14. This represents a 98.56 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.35% of the company's stock.

Hedge Funds Weigh In On ARMOUR Residential REIT

Several institutional investors have recently modified their holdings of the business. Ameriflex Group Inc. purchased a new position in ARMOUR Residential REIT in the fourth quarter worth $143,000. Mackenzie Financial Corp purchased a new position in ARMOUR Residential REIT in the fourth quarter valued at approximately $330,000. Squarepoint Ops LLC grew its holdings in ARMOUR Residential REIT by 54.0% during the fourth quarter. Squarepoint Ops LLC now owns 31,998 shares of the real estate investment trust's stock valued at $603,000 after purchasing an additional 11,218 shares during the period. Two Sigma Advisers LP purchased a new stake in ARMOUR Residential REIT in the fourth quarter worth $641,000. Finally, State of Wyoming bought a new stake in shares of ARMOUR Residential REIT in the fourth quarter valued at $313,000. 54.17% of the stock is owned by institutional investors.

About ARMOUR Residential REIT

ARMOUR Residential REIT, Inc invests in residential mortgage-backed securities (MBS) in the United States. Its securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable-rate home loans; and unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments.