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ARMOUR Residential REIT Inc (ARR)
NYSE:ARR
ARMOUR Residential REIT (ARR) Stock Forecast & Price Target
2,427 Followers
See the Price Targets and Ratings of:
ARR Analyst Ratings
Hold
0 Buy
2 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
ARR Stock 12 Month Forecast
Average Price Target
$19.50
▼(-7.58% Downside)
| Highest Price Target$20.00 | Average Price Target$19.50 | Lowest Price Target$19.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Analyst Performance
Any
Analyst Rating
Any
Upside / Downside
Any
Action
Any
Janney Montgomery
Initiated
06/06/24
B.Riley Financial
$17→$20
Hold
$20.00
(-5.21% Downside)
Reiterated
11/16/23
Armour Residential REIT price target raised to $20 from $17 at B. RileyArmour Residential REIT price target raised to $20 from $17 at B. Riley
JonesTrading
―
Hold
―
Reiterated
07/27/23
We reiterate our Hold rating on ARR shares. 2Q23 core earnings of $0.23 per share came in ahead of our $0.17 estimate and $0.01 below the $0.24 consensus estimate. Book value per share was down 110bps to $5.38 from $5.44 in 1Q23 and has declined an additional 242bps to $5.25 since June 30. Book value remains under pressure due to historically wide mortgage spreads. During 2Q23, the company raised $77.5mm of equity capital through the issuance of ~15.2mm shares via the ATM program and repurchased 425k shares at a net cost of $4.88. Subsequent to quarter end, the company has raised an additional $109.3mm by issuing ~21.5mm shares. ARR is opportunistically raising capital to take advantage of wide spreads in higher coupons and Fannie DUS agency CMBS.
ARR Analyst Recommendation Trends
Rating
Jul 23
Oct 23
Nov 23
Dec 23
Jun 24
Strong Buy
0
0
0
0
0
Buy
0
0
0
0
0
Hold
2
3
3
3
4
Sell
2
0
0
0
0
Strong Sell
0
0
0
0
0
total
4
3
3
3
4
Each month's total comprises the sum of three months' worth of ratings.
ARR Financial Forecast
ARR Stock Forecast FAQ
What is ARR’s average 12-month price target, according to analysts?
Based on analyst ratings, ARMOUR Residential REIT Inc’s 12-month average price target is $19.50.
What is ARR’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for ARR, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is ARR a Buy, Sell or Hold?
ARMOUR Residential REIT Inc has a consensus rating of Hold which is based on 0 buy ratings, 2 hold ratings and 0 sell ratings.
What is ARMOUR Residential REIT Inc’s price target?
The average price target for ARMOUR Residential REIT Inc is $19.50. This is based on 2 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $20.00 ,the lowest forecast is $19.00. The average price target represents -7.58% Decrease from the current price of $21.1.
The highest analyst price target is $20.00 ,the lowest forecast is $19.00. The average price target represents -7.58% Decrease from the current price of $21.1.
What do analysts say about ARMOUR Residential REIT Inc?
ARMOUR Residential REIT Inc’s analyst rating consensus is a Hold. This is based on the ratings of 2 Wall Streets Analysts.
How can I buy shares of ARR?
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