ARMOUR Residential REIT Inc [NYSE: ARR] gained 1.59% or 0.3 points to close at $19.21 with a heavy trading volume of 3462689 shares.
The daily chart for ARR points out that the company has recorded -3.81% loss over the past six months.
If we look at the average trading volume of 1.98M shares, ARR reached to a volume of 3462689 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about ARMOUR Residential REIT Inc [ARR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ARR shares is $20.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ARR stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BTIG Research have made an estimate for ARMOUR Residential REIT Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 10, 2025. While these analysts kept the previous recommendation, Janney raised their target price to Neutral. The new note on the price target was released on June 06, 2024, representing the official price target for ARMOUR Residential REIT Inc stock. Previously, the target price had yet another raise to $18.50, while UBS analysts kept a Neutral rating on ARR stock. On February 22, 2022, analysts decreased their price target for ARR shares from 11 to 9.50.
The Average True Range (ATR) for ARMOUR Residential REIT Inc is set at 0.30, with the Price to Sales ratio for ARR stock in the period of the last 12 months amounting to 4.47. The Price to Book ratio for the last quarter was 0.88, with the Price to Cash per share for the same quarter was set at 2.62. Price to Free Cash Flow for ARR in the course of the last twelve months was 4.10.
Trading performance analysis for ARR stock
ARMOUR Residential REIT Inc [ARR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.75. With this latest performance, ARR shares gained by 6.43% in over the last four-week period, additionally sinking by -3.81% over the last 6 months – not to mention a drop of -0.26% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ARR stock in for the last two-week period is set at 61.27, with the RSI for the last a single of trading hit 67.15, and the three-weeks RSI is set at 57.21 for ARMOUR Residential REIT Inc [ARR]. The present Moving Average for the last 50 days of trading for this stock 18.84, while it was recorded at 18.98 for the last single week of trading, and 19.50 for the last 200 days.
An analysis of Institutional ownership at ARMOUR Residential REIT Inc [ARR]
The top three institutional holders of ARR stocks are: INVESCO LTD. with ownership of 0.85 million shares, which is approximately 1.7497%. VAN ECK ASSOCIATES CORP, holding 0.35 million shares of the stock with an approximate value of $$6.77 million in ARR stocks shares; and VAN ECK ASSOCIATES CORP, currently with $$2.85 million in ARR stock with ownership which is approximately 0.3016%.
