The stock of ARMOUR Residential REIT Inc (NYSE: ARR) has increased by 0.86 when compared to last closing price of 17.51.Despite this, the company has seen a loss of -5.86% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-18 that The latest inflation numbers put pressure on the Fed to maintain high interest rates. We look at the effects of the latest hawkish cycle on the debt markets. We discuss how you can benefit from the current environment.
Is It Worth Investing in ARMOUR Residential REIT Inc (NYSE: ARR) Right Now?
Company’s 36-month beta value is 1.49.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 2 as “sell.”
The public float for ARR is 48.72M, and currently, short sellers hold a 7.88% ratio of that floaft. The average trading volume of ARR on April 18, 2024 was 1.15M shares.
ARR’s Market Performance
The stock of ARMOUR Residential REIT Inc (ARR) has seen a -5.86% decrease in the past week, with a -6.51% drop in the past month, and a -7.25% fall in the past quarter. The volatility ratio for the week is 2.75%, and the volatility levels for the past 30 days are at 2.29% for ARR. The simple moving average for the last 20 days is -7.12% for ARR’s stock, with a simple moving average of -13.41% for the last 200 days.
Analysts’ Opinion of ARR
Many brokerage firms have already submitted their reports for ARR stocks, with UBS repeating the rating for ARR by listing it as a “Neutral.” The predicted price for ARR in the upcoming period, according to UBS is $18.50 based on the research report published on December 06, 2023 of the previous year 2023.
B. Riley Securities, on the other hand, stated in their research note that they expect to see ARR reach a price target of $9.50, previously predicting the price at $11. The rating they have provided for ARR stocks is “Neutral” according to the report published on February 22nd, 2022.
B. Riley Securities gave a rating of “Neutral” to ARR, setting the target price at $11.50 in the report published on July 14th of the previous year.
ARR Trading at -7.30% from the 50-Day Moving Average
After a stumble in the market that brought ARR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -34.59% of loss for the given period.
Volatility was left at 2.29%, however, over the last 30 days, the volatility rate increased by 2.75%, as shares sank -8.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.21% lower at present.
During the last 5 trading sessions, ARR fell by -5.76%, which changed the moving average for the period of 200-days by -33.41% in comparison to the 20-day moving average, which settled at $18.93. In addition, ARMOUR Residential REIT Inc saw -8.59% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ARR starting from STATON DANIEL C, who sale 61,682 shares at the price of $19.46 back on Dec 29 ’23. After this action, STATON DANIEL C now owns 10,500 shares of ARMOUR Residential REIT Inc, valued at $1,200,141 using the latest closing price.
MOUNTAIN JAMES R, the Chief Financial Officer of ARMOUR Residential REIT Inc, sale 740 shares at $17.41 during a trade that took place back on Nov 21 ’23, which means that MOUNTAIN JAMES R is holding 19,502 shares at $12,883 based on the most recent closing price.
Stock Fundamentals for ARR
Current profitability levels for the company are sitting at:
- -0.31 for the present operating margin
- -1.53 for the gross margin
The net margin for ARMOUR Residential REIT Inc stands at -0.81. The total capital return value is set at -0.01. Equity return is now at value -5.70, with -0.62 for asset returns.
Based on ARMOUR Residential REIT Inc (ARR), the company’s capital structure generated 0.88 points at debt to capital in total, while cash flow to debt ratio is standing at 0.01. The debt to equity ratio resting at 7.59. The interest coverage ratio of the stock is -0.05.
Currently, EBITDA for the company is 457.87 million with net debt to EBITDA at 126.04. When we switch over and look at the enterprise to sales, we see a ratio of 116.94. The receivables turnover for the company is 1.86for trailing twelve months and the total asset turnover is 0.01.
Conclusion
In a nutshell, ARMOUR Residential REIT Inc (ARR) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
