DNY59 June 7th's surprisingly strong jobs report was the latest data point to dampen hopes for any near-term reduction in interest rates. Wednesday's Bureau of Labor Statistics' May CPI report showed moderating inflation, but the Federal Reserve's two-day policy meeting comments postponed any rate cuts. Meanwhile, all varieties of income-oriented investors continued what has become a marathon task to strategize on how best to capitalize on the prospect of an imminent/ultimate decline in rates. An often-espo ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Bridgewater Bancshares (BWB) operates as a holding company for Bridgewater Bank which provides personal and commercial banking products and services to commercial real estate investors, small business entrepreneurs and high-net-worth individuals. The Zacks Consensus Estimate for its current year earnings has been revised almost 11.5% downward over the last 60 days.Cameco (CCJ) is one of the world's largest uranium producers, a signifi ...

Loading...Loading...Goldman Sachs analyst Kash Rangan reiterated a Buy rating on Rubrik, Inc. RBRK with a price target of $48.Yesterday, Rubrik reported a quarterly EPS loss of $1.58 versus a year-ago loss of $1.48 and sales of $187.31 million, up from $135.74 million in the year-ago period.Rubrik said it sees a second-quarter EPS loss of $0.50-$0.48 vs. market estimates of $0.50 loss and revenue of $195 million to $197 million versus estimates of $194.89 million.The analyst says that despite the recent sof ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:3D Systems Corporation (DDD) is a 3D printing and digital company. The Zacks Consensus Estimate for its current year earnings has been revised 42.9% downward over the last 60 days.ARMOUR Residential REIT, Inc. (ARR) is a mortgage real estate investment trust. The Zacks Consensus Estimate for its current year earnings has been revised 18.6% downward over the last 60 days.Avis Budget Group, Inc. (CAR) is a car rental company. The Zacks ...

ARMOUR Residential REIT, Inc. (NYSE:ARR) Q1 2024 Earnings Conference Call April 26, 2024 9:00 AM ET Company Participants Scott Ulm – Chief Executive Officer Gordon Harper – Chief Financial Officer Sergey Losyev – Co-Chief Investment Officer Desmond Macauley – Co-Chief Investment Officer and Head-Risk Management Conference Call Participants Jason Weaver – Janney Montgomery Scott Doug Harter – UBS Trevor Cranston – JMP Securities Christopher Nolan – Ladenburg Thalmann Operator Good day, and welcome to the ARM ...

ARMOUR RESIDENTIAL REIT, INC. ANNOUNCES Q1 RESULTS AND March 31, 2024 FINANCIAL POSITION VERO BEACH, Florida -- April 25, 2024 -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR PRC) ("ARMOUR" or the "Company") today announced the Company's unaudited Q1 results and March 31, 2024 financial position. ARMOUR's Q1 2024 Results ◦ GAAP net income available to common stockholders of $11.5 million or $0.24 per common share. ◦ Net interest income of $5.3 million. ◦ Expenses included $9.0 million of non-recurring p ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of Each Class Trading symbols Name of Exchange on which registered Preferred Stock, 7.00% Series C Cumulative Redeemable ARR-PRC New York Stock Exchange Common Stock, $0.001 par value ARR New York Stock Exchange FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXC ...

VERO BEACH, Florida, April 24, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE:ARR) ("ARMOUR" or the "Company") today announced the May 2024 cash dividend for the Company's Common Stock. May 2024 Common Stock Dividend Information Month Dividend Holder of Record Date Payment DateMay 2024 $0.24 May 15, 2024 May 28, 2024        Certain Tax Matters ARMOUR has elected to be taxed as a real estate investment trust ("REIT") for U.S. Federal income tax purposes. In order to maintain this tax status, AR ...

Justin Paget We're going to focus on a few shares for income investors. NLY-F The first share is Annaly Capital Management, Inc. 6.95% PFD SER F, or NLY-F (NLY.PR.F). NLY-F offers investors an attractive yield at 10.66%. Shares appear to be trading above the call value of $25. However, they already have a significant amount of dividend accrual for the quarter. Consequently, the stripped price would actually be lower than $24.80. Some investors may also look at NLY-G (NLY.PR.G). However, NLY-G is less at ...

The old saying “what goes down must come back up again” has numerous counterpoints if applied to the stock market. Many believe that mean-reversion is inevitable. However, that is simply not the case, as asymmetrical downside is a frequent occurrence in the financial markets.Considering the above, we as investors must be diligent in our research process to avoid falling knife stocks. Alternatively, we could look for falling knife stocks to short.Presented here are three falling knife stocks to avoid or shor ...