Analysts predict ARMOUR Residential REIT Inc (ARR) stock to reach $11.5 in the next 12 months

At the time of writing, ARMOUR Residential REIT Inc [ARR] stock is trading at $21.64, up 3.44%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ARR shares have gain 9.85% over the last week, with a monthly amount glided 10.58%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

ARMOUR Residential REIT Inc [NYSE: ARR] stock has seen the most recent analyst activity on June 06, 2024, when Janney initiated its Neutral rating and assigned the stock a price target of $20. Previously, UBS started tracking the stock with Neutral rating on December 06, 2023, and set its price target to $18.50. On February 22, 2022, B. Riley Securities reiterated its Neutral rating and revised its price target to $9.50 on the stock. B. Riley Securities started tracking the stock assigning a Neutral rating and suggested a price target of $11.50 on July 14, 2021. Ladenburg Thalmann downgraded its rating to a Neutral. Credit Suisse upgraded its rating to Neutral for this stock on May 26, 2020, and upped its price target to $9.50. In a note dated October 24, 2019, Ladenburg Thalmann upgraded an Buy rating on this stock but restated the target price of $18.

For the past year, the stock price of ARMOUR Residential REIT Inc fluctuated between $13.31 and $26.90. Currently, Wall Street analysts expect the stock to reach $11.5 within the next 12 months. ARMOUR Residential REIT Inc [NYSE: ARR] shares were valued at $21.64 at the most recent close of the market. An investor can expect a potential drop of -46.86% based on the average ARR price forecast.

Analyzing the ARR fundamentals

According to ARMOUR Residential REIT Inc [NYSE:ARR], the company’s sales were 245.06M for trailing twelve months, which represents an -93.32% plunge. Gross Profit Margin for this corporation currently stands at -0.49% with Operating Profit Margin at 1.96%, Pretax Profit Margin comes in at -0.17%, and Net Profit Margin reading is -0.17%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.02 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 6.94.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 21.17 points at the first support level, and at 20.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.91, and for the 2nd resistance point, it is at 22.17.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 4.30, the price to book ratio is 0.85.

Transactions by insiders

Recent insider trading involved Macauley Desmond, Co-Chief Investment Officer, that happened on May 30 ’24 when 1000.0 shares were purchased. Chairman of the Board, STATON DANIEL C completed a deal on Dec 29 ’23 to sell 61682.0 shares. Meanwhile, Chief Financial Officer MOUNTAIN JAMES R sold 740.0 shares on Nov 21 ’23.

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