ARMOUR Residential REIT Inc. (ARR): Why holders are thinking to Buy Real Estate Stock

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ARMOUR Residential REIT Inc. (NYSE:ARR) changes shares on Tuesday trading session, with a change of -1.49% or -$0.14 shares. The trading starts at $9.42 and closed at $9.41 throughout the day. The trading session low price was $9.23 and day high was $9.437 on Tuesday, August 04. After the session, the Real Estate sector daily volume shifted to 0.75 million while its average volume is 1.36M. In other hand, the ARR market cap reached to $602.27M. While, its current target price is $9.25.

On April 27, 2018, BRIEF-Armour Residential REIT Files Prospectus To Offer, Sell Up To 5 Mln Shares. According to the news reported on Reuters, * ARMOUR RESIDENTIAL REIT FILES PROSPECTUS SUPPLEMENT RELATED TO OFFER, SALE FROM TIME TO TIME OF UP TO 5 MILLION SHARES OF CO’S COMMON STOCK – SEC FILING Source text (https://bit.ly/2r5uELP) Further company coverage:

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -0.11% and down -0.54% for month. Its quarterly performance was 14.59% above, while its half year performance is down -52.29%. ARR yearly performance stood at negative -46.79% and fall -48.13% for year-to-date. Current recommendation for ARMOUR Residential REIT Inc. is 2.50.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. ARR EPS (TTM) for 12-month is -5.49. EPS for this year is -57.30%, while for the next year its value is 1.30. Its EPS Q/Q reached 124.40%. It has an EPS of -1.00% down for past five years and for the next five years will be down -3.02%.

Let’s take a look on the analyst recommendations on ARR for the current month and previous month. For the current month, 2 of 4 analysts recommend stock as Buy while 1 as Sell, 0 as overweight, 0 as underweight and 1 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $8.00 – $11.00. Average target price for ARR was reached at $9.25.

The insider ownership moved to 1.00% and institutional holding shifted to 55.70%.

The company posted an EPS (TTM) of -5.49. According to the most recent quarter report on (Sep 2020), 3 analysts estimated an average EPS of 0.33, while 0.55 EPS posted a year ago period. Analyst Estimated EPS for ARR published in the report was $0.3 – $0.38 during the same period. Comparing with last year, the average estimated EPS was 0.55 which is higher than 0.19 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for ARR fall -31.25% for period of 200 days. SMA for 50 days was 1.82% which is showing green signal, while SMA-20 was -0.97%. The moving average value for ARMOUR Residential REIT Inc. (ARR) is 11.74 and 9.29 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in ARR stock. On Jun 15, GRUBER MARK, CIO, bought 3,000 trading shares at the cost of $8.80, which valued at 26400.0. On Apr 06, ULM SCOTT, Co-CEO and CIO, bought 10,000 shares at the cost of $6.90, with total shares of 154,864. On Mar 18, HOLLIHAN JOHN P III, Director, bought 3,500 shares at the cost of 7.00. After this transaction, HOLLIHAN JOHN P III total shares reached to 42,439 which valued at 24483.0.