ARMOUR Residential REIT (ARR) Projected to Post Quarterly Earnings on Thursday

ARMOUR Residential REIT (NYSE:ARR) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Thursday, April 24th. Analysts expect ARMOUR Residential REIT to post earnings of $0.81 per share and revenue of $18.59 million for the quarter.

ARMOUR Residential REIT Price Performance

ARR stock opened at $14.07 on Tuesday. The business has a 50-day moving average of $17.34 and a 200-day moving average of $18.41. ARMOUR Residential REIT has a fifty-two week low of $13.18 and a fifty-two week high of $21.93. The stock has a market capitalization of $1.13 billion, a P/E ratio of -32.72 and a beta of 1.23.

ARMOUR Residential REIT Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Tuesday, April 15th will be paid a dividend of $0.24 per share. The ex-dividend date is Tuesday, April 15th. This represents a $2.88 annualized dividend and a dividend yield of 20.47%. ARMOUR Residential REIT’s dividend payout ratio is currently -669.77%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. B. Riley upgraded shares of ARMOUR Residential REIT to a “hold” rating in a research note on Tuesday, January 7th. BTIG Research began coverage on ARMOUR Residential REIT in a report on Monday, February 10th. They set a “neutral” rating on the stock. JMP Securities reaffirmed a “market perform” rating on shares of ARMOUR Residential REIT in a research report on Thursday, January 23rd. Finally, StockNews.com downgraded ARMOUR Residential REIT from a “hold” rating to a “sell” rating in a report on Friday, February 14th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $20.50.

About ARMOUR Residential REIT

ARMOUR Residential REIT, Inc invests in residential mortgage-backed securities (MBS) in the United States. Its securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable-rate home loans; and unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments.