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 ...

VERO BEACH, Florida, May 30, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced the June 2024 cash dividend for the Company's Common Stock. June 2024 Common Stock Dividend Information Month Dividend Holder of Record Date Payment DateJune 2024 $0.24 June 17, 2024 June 27, 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 s ...

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 ...