ARMOUR Residential REIT, Inc. (NYSE:ARR) has coverage initiated with a Neutral ➝ Neutral rating and $20.00 price target

Analyst Ratings For ARMOUR Residential REIT, Inc. (NYSE:ARR)

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Today, Nomura initiated coverage on ARMOUR Residential REIT, Inc. (NYSE:ARR) with a Neutral with a price target of $20.00.

There are 1 Sell Ratings, 1 Hold Ratings, no Strong Buy Ratings, no Buy Ratings on the stock.

The current consensus rating on ARMOUR Residential REIT, Inc. (NYSE:ARR) is Hold with a consensus target price of $19.50 per share, a potential 0.05% downside.

Some recent analyst ratings include

  • 3/27/2019-ARMOUR Residential REIT, Inc. (NYSE:ARR) has coverage initiated with a Neutral ➝ Neutral rating and $20.00 price target
  • 2/19/2019-ARMOUR Residential REIT, Inc. (NYSE:ARR) had its Sell rating reiterated by Barclays with a $19.00 price target
  • On 3/22/2019 Daniel C Staton, Chairman, bought 12,863 with an average share price of $19.51 per share and the total transaction amounting to $250,957.13.
  • On 3/5/2019 James R Mountain, CFO, bought 1,500 with an average share price of $19.77 per share and the total transaction amounting to $29,655.00.
  • On 11/9/2018 Robert C Hain, Director, sold 2,500 with an average share price of $22.53 per share and the total transaction amounting to $56,325.00.
  • On 8/7/2018 Robert C Hain, Director, sold 1,500 with an average share price of $23.57 per share and the total transaction amounting to $35,355.00.
  • On 6/28/2018 James R Mountain, CFO, bought 1,421 with an average share price of $22.86 per share and the total transaction amounting to $32,484.06.
  • On 3/9/2018 Jeffrey J Zimmer, CEO, bought 6,500 with an average share price of $22.52 per share and the total transaction amounting to $146,380.00.
  • On 2/20/2018 Mark Gruber, COO, bought 2,000 with an average share price of $22.70 per share and the total transaction amounting to $45,400.00.

About ARMOUR Residential REIT, Inc. (NYSE:ARR)
ARMOUR Residential REIT, Inc. invests in residential mortgage backed securities in the United States. The company is managed by ARMOUR Capital Management LP. 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, as well as unsecured notes and bonds issued by the GSE and the United States treasuries; and money market instruments. The company also invests in other securities backed by residential mortgages for which the payment of principal and interest is not guaranteed by a GSE or government agency. ARMOUR Residential REIT, Inc. has elected to be taxed as a real estate investment trust under the Internal Revenue Code. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. The company was founded in 2008 and is based in Vero Beach, Florida.

Recent Trading Activity for ARMOUR Residential REIT, Inc. (NYSE:ARR)
Shares of ARMOUR Residential REIT, Inc. closed the previous trading session at 19,50 −0,10 0,51 % with 19.48 shares trading hands.

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