Core Viewpoint - Armour Residential REIT (ARR) has shown a positive stock performance recently, outperforming major indices, and is preparing for an upcoming earnings disclosure with significant projected revenue growth despite a decrease in earnings per share [1][2]. Group 1: Stock Performance - Armour Residential REIT closed at $19.90, reflecting a gain of +1.38% from the previous trading session, outperforming the S&P 500's loss of 0.15% [1] - Over the past month, the stock has increased by 3.97%, surpassing the Finance sector's gain of 2.37% and the S&P 500's gain of 3.5% [1] Group 2: Earnings Projections - The projected earnings per share (EPS) for Armour Residential REIT is $0.90, indicating a 33.33% decrease compared to the same quarter last year [1] - Revenue is anticipated to be $38.2 million, reflecting a significant increase of 131.37% from the same quarter last year [1] Group 3: Analyst Estimates and Rankings - Recent changes to analyst estimates for Armour Residential REIT are crucial, as upward revisions indicate positive sentiment regarding the company's business operations [2] - The Zacks Consensus EPS estimate has remained unchanged over the past month, and the company currently holds a Zacks Rank of 3 (Hold) [2] Group 4: Valuation Metrics - Armour Residential REIT is currently trading at a Forward P/E ratio of 5.11, which is below the industry's average Forward P/E of 8.36, indicating a valuation discount [3] - The REIT and Equity Trust industry ranks in the bottom 37% of all industries, with a Zacks Industry Rank of 160 [3]
Armour Residential REIT (ARR) Increases Despite Market Slip: Here's What You Need to Know