ARMOUR Residential REIT (NYSE:ARR) Price Target Cut to $19.00 by Analysts at JonesTrading

ARMOUR Residential REIT (NYSE:ARR) had its target price reduced by JonesTrading from $20.00 to $19.00 in a report released on Thursday morning,Benzinga reports. They currently have a buy rating on the real estate investment trust’s stock.

A number of other brokerages have also recently weighed in on ARR. Zacks Research upgraded shares of ARMOUR Residential REIT from a “strong sell” rating to a “hold” rating in a report on Friday, March 20th. Weiss Ratings cut shares of ARMOUR Residential REIT from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, March 20th. Finally, Wall Street Zen cut shares of ARMOUR Residential REIT from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, ARMOUR Residential REIT presently has an average rating of “Hold” and a consensus price target of $17.83.

ARMOUR Residential REIT Stock Performance

Shares of ARR stock opened at $17.52 on Thursday. The stock has a market capitalization of $2.15 billion, a P/E ratio of 9.12 and a beta of 1.42. The company has a 50 day moving average price of $17.32 and a 200 day moving average price of $17.22. ARMOUR Residential REIT has a fifty-two week low of $13.98 and a fifty-two week high of $19.31.

ARMOUR Residential REIT (NYSE:ARR) last announced its quarterly earnings data on Wednesday, April 22nd. The real estate investment trust reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.03. The firm had revenue of $70.71 million during the quarter, compared to analysts’ expectations of $155.79 million. ARMOUR Residential REIT had a net margin of 27.43% and a return on equity of 16.00%. On average, research analysts forecast that ARMOUR Residential REIT will post 3.06 EPS for the current fiscal year.

ARMOUR Residential REIT Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, May 28th. Investors of record on Friday, May 15th will be paid a $0.24 dividend. The ex-dividend date is Friday, May 15th. This represents a c) dividend on an annualized basis and a yield of 16.4%. ARMOUR Residential REIT’s payout ratio is currently 105.49%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its stake in ARMOUR Residential REIT by 217.5% in the fourth quarter. GAMMA Investing LLC now owns 1,721 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 1,179 shares during the last quarter. Signaturefd LLC lifted its stake in ARMOUR Residential REIT by 210.9% in the fourth quarter. Signaturefd LLC now owns 1,766 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 1,198 shares during the last quarter. Quarry LP lifted its stake in ARMOUR Residential REIT by 620.6% in the third quarter. Quarry LP now owns 1,823 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 1,570 shares during the last quarter. Allworth Financial LP lifted its stake in ARMOUR Residential REIT by 40.7% in the fourth quarter. Allworth Financial LP now owns 2,369 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 685 shares during the last quarter. Finally, Danske Bank A S purchased a new position in ARMOUR Residential REIT in the third quarter worth approximately $42,000. Hedge funds and other institutional investors own 54.17% of the company’s stock.

More ARMOUR Residential REIT News

Here are the key news stories impacting ARMOUR Residential REIT this week:

• Positive Sentiment: Q1 EPS beat — ARMOUR reported $0.76 EPS vs. the $0.73 consensus, a modest upside that supports near-term earnings credibility. Read More.
• Positive Sentiment: Book-value recovery update — the company highlighted a roughly 3.5% Q2-to-date recovery in book value net of the monthly dividend, signaling some stabilization after March spread volatility and reducing short‑term balance‑sheet risk. Read More.
• Positive Sentiment: High monthly dividend — ARMOUR declared a $0.24 monthly dividend (record May 15; payable May 28), implying a ~16.4% yield. That remains a key draw for income-focused investors even as it affects book‑value payout dynamics.
• Neutral Sentiment: Corporate filings and presentation — the company released its Q1 results and March 31 financial position with a press release and slide deck that provide detail on portfolio metrics and liquidity; these disclosures help investors parse the EPS/revenue mix but contain no new guidance. Read More.
• Neutral Sentiment: Analyst view trimmed but still constructive — JonesTrading lowered its price target from $20.00 to $19.00 while maintaining a “buy” rating, which reduces upside slightly but keeps analyst sentiment broadly positive. Read More.
• Negative Sentiment: Revenue headline confusion — one recap flagged revenue of $70.7M versus an expected ~$155.8M, a large gap that may spook some traders and contribute to intraday selling as the top‑line print looks weak on its face. Investors should review the company release/slide deck to reconcile accounting or classification differences behind the headline. Read More.

About ARMOUR Residential REIT

ARMOUR Residential REIT (NYSE:ARR) is a mortgage real estate investment trust that was formed in 2008 to acquire and manage a portfolio of residential mortgage-backed securities (RMBS). The company’s investments are primarily agency-sponsored and agency-guaranteed RMBS issued by U.S. government-sponsored enterprises, along with credit risk transfer securities and select non-agency residential and multifamily RMBS. By focusing on high-quality mortgage assets, ARMOUR Residential REIT seeks to generate stable income and preserve capital through diversified exposure to the U.S.