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ARMOUR Residential REIT, Inc. (ARR)

NYSE - NYSE Delayed Price. Currency in USD
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7.50-0.09 (-1.19%)
At close: 04:00PM EDT
7.69 +0.19 (+2.53%)
Pre-Market: 06:09AM EDT
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  • B
    Bishop
    Orchid Island Capital, Inc.
    Today's report was Mixed. But what were shareholders and the broader public thought were going to happen as the Fed reversed course on Quantitative Easing measures and now focusing on tightening for all of 2022.

    Currently, the housing market 30-yr Rate is slowly declinging which is a Good Sign that we're returning to earth! Why???

    Think! Back in 2nd QTR around May homebuyers were welcomed to exorbitantly high mortgage rates where a person the prev year in 2021 was paying X% but it almost doubled in 2022 on the variable rate. So buyers were paying a lot for 1 Family or 2 Family homes w/ a 1 car garage that was prob $100K - $250,000 and MORE above what the market comps of that home would be due to the "over heating" of the market.

    It was a seller's market.

    Now the Fed is concentrating on killing inflation by basically destroying consumer demand attributable by Bitcoin Millionaires, Stimulus Checks, and Wage Jumps (where positions paid $8 an hr 5yrs ago and after 2020 it went up to $15 or higher given circumstances).

    So the market is cooling off and restarting if you will but the effects will take time like 6 months or longer.

    The point is that the entire housing market and REITS have more downtrending to go. I suspect it to level off hopefully by end of year or early 2023.

    The Jobs Report is super important on what the Fed will do with hikes going forward and the housing market 30-yr rate avg going down.

    So for $ORC, $ARR, $IVR, $TWO, $AGNC, $EARN, and others will need to be patient before things to significantly turnaround in the right direction.

    This is the time to hold or possibly buy smaller chunks over the next 6 months.

    Stay patient and read up on the news! GL to ALL!!!
  • C
    Carolyn
    Armour Residential REIT (ARR) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.

    This quarterly report represents an earnings surprise of 16%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.23 per share when it actually produced earnings of $0.28, delivering a surprise of 21.74%.

    Over the last four quarters, the company has surpassed consensus EPS estimates two times.

    Armour Residential REIT , which belongs to the Zacks REIT and Equity Trust industry, posted revenues of $35.05 million for the quarter ended June 2022, surpassing the Zacks Consensus Estimate by 18.68%. This compares to year-ago revenues of $16.67 million. The company has topped consensus revenue estimates four times over the last four quarters.

    The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
  • Z
    Z V
    Time to pick up a few more
  • s
    sean
    I feel this always jumps up before my auto reinvest happens
  • S
    Steve
    How does ARR pay their dividend? Are they using ROC, or strictly Net realized returns?
  • C
    Carolyn
    Earnings should be coming
  • h
    hsoni
    $ ARR = UP 💰∆∆∆ 💰⚡👀
    Bullish
  • J
    JAE
    Not horrible earnings
  • S
    Stephen
    anyone know why its gone up over 50 cents in 3 days
  • J
    Jennifer
    Holding a small 500 share position….hoping to hold for 5 years. Need the cash badly.
  • C
    Charles
    The market transition has begun back to financial institutions. This has been decades in the making. The free money cycle can no longer be supported. Interesting to see how this all plays out. I believe ARR and other REITS will benefit in the long term.
    Bullish
  • C
    Charles
    The spread continues to widen. Typically 10-yr bond + 1.50% is the norm for the spread. Currently 10-yr +3%. I expect this to widen further.
  • S
    Stephen
    bought 9k shares when it was $6 so adding in Wednesday's dividends I'm up just over 12k
  • S
    Stephen
    nice they just raised the dividend for at least the next 3 months .145 cents a share
  • C
    Carolyn
    Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:

    ARMOUR Residential REIT, Inc. ARR: This company which invests in residential mortgage-backed securities has seen the Zacks Consensus Estimate for its current year earnings increasing 2.8% over the last 60 days.
  • S
    Sven
    13% up pre-market. Wow! What's happened here? Yesterday, I even thought about stocking up another 150 pieces, I guess I should have done that...
  • T
    Time
    I guess that article from Motley fool written below didn't work so hot I'm guessing they have a short position against the stock. I guess we'll all see next week with the next fed rate hike
  • C
    Charles
    Love the positive reaction to the earnings release. Don't like the fact that the spread is now narrowing for the next quarter :(
    Neutral
  • R
    RAJEEV
    Don’t panic, whole market is down. Just bought 2000 shares of ARR. 10 cent per share is very desirable and I love it. Soon it be back up again to normal.
    Bullish
  • K
    Kashane
    I notice on the Balance Sheet ARR has 6.14B. Does that mean they are in good shape financially?
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