Barclays Raises Price Target for ARMOUR Residential REIT to $5.00
January 10, 2023
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ARMOUR ($NYSE:ARR) Residential REIT, Inc. (NYSE:ARR) is a public company that primarily invests in residential mortgage-backed securities (MBS) issued or guaranteed by the U.S. government or its agencies. The company is focused on preserving capital while providing competitive returns to shareholders. This increase in price target indicates that analysts have a positive outlook for the stock and its potential to generate returns for investors. The increased price target is based on ARMOUR’s strong financial position and its ability to consistently pay dividends to shareholders. This high yield indicates that the stock is a good option for investors looking for yield-oriented investments.
In addition, ARMOUR has a strong balance sheet with a net asset value of over $2 billion. The company’s portfolio consists of agency and non-agency mortgage-backed securities with a weighted average life of approximately 5 years. This diversified portfolio enables the company to mitigate risk and generate steady returns over time. Overall, Barclays’ revised price target for ARMOUR Residential REIT reflects the company’s strong financial position and its ability to pay attractive dividends to shareholders. Investors should keep an eye on the stock as it may be a good option for income-seeking investors.
Market Price
Media exposure has been mixed so far, with some being optimistic and others cautious. On Friday, ARMOUR Residential REIT stock opened at $5.7 and closed at $5.8, up 1.4% from the previous closing price of $5.7. The increased price target reflects Barclays’ confidence that the company will be able to continue to grow and increase its value over time. This is an encouraging sign for both current and potential investors as it shows that the company is in a strong position to deliver long-term returns.
The stock’s recent increase in value is a testament to the positive outlook for the company and its future prospects. With the increased price target from Barclays, the company is poised to continue to increase its value and deliver strong returns for its investors. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for ARR. More…
| Total Revenues | Net Income | Net Margin |
| -281.48 | -302.09 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for ARR. More…
| Operations | Investing | Financing |
| 4.02 | -4.88k | 5.03k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for ARR. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 10.92k | 9.97k | 7.12 |
Key Ratios Snapshot
Some of the financial key ratios for ARR are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
VI Analysis
ARMOUR RESIDENTIAL REIT is a company that has a low health rating of 1/10 in terms of cashflows and debt, making it less likely to sustain operations in times of crisis. This makes the company a ‘cow’, a type of company that has a track record of paying out consistent and sustainable dividends. Investors interested in ARMOUR RESIDENTIAL REIT should be aware of the company’s fundamentals, which reflect its long term potential. The company is strong in asset management, dividend payments, and weak in growth and profitability. The VI app makes it easy to access and understand these fundamentals, allowing investors to make informed decisions. For those looking for a steady income from their investments, ARMOUR RESIDENTIAL REIT may be an attractive option. The company’s track record of consistent dividend payments indicates that investors can expect a regular return from their investment. However, with the company’s weak growth and profitability prospects, investors should be aware of the risks associated with this type of investment. Overall, ARMOUR RESIDENTIAL REIT is a company that may appeal to investors looking for steady income in the form of dividends. The company’s fundamentals should be carefully assessed to ensure that the investment is sound and the risks are understood. The VI app can help investors assess these fundamentals and make informed decisions about their investments. More…
VI Peers
The company is headquartered in Boca Raton, Florida and was founded in 2006. ARMOUR operates as a holding company that owns subsidiaries which are engaged in the business of acquiring, investing in, and managing residential mortgage-backed securities. The company competes against Chimera Investment Corp, Dynex Capital Inc, and Annaly Capital Management Inc.
– Chimera Investment Corp ($NYSE:CIM)
Chimera Investment Corporation is a real estate investment trust that primarily invests in adjustable-rate and fixed-rate residential mortgage loans, commercial mortgage loans, real estate-related securities, and other asset classes. The company has a market cap of $1.57 billion as of 2022.
– Dynex Capital Inc ($NYSE:DX)
Dynex Capital, Inc. is a publicly traded real estate investment trust. The company invests in a variety of real estate-related assets, including commercial mortgage loans, commercial mortgage-backed securities, and other real estate-related investments.
– Annaly Capital Management Inc ($NYSE:NLY)
Analysts have estimated that Annaly Capital Management Inc’s market cap would be around 10.08B as of 2022. The company’s main focus is on providing mortgage financing and servicing to the US residential and commercial real estate markets. In recent years, the company has expanded its operations into other areas such as healthcare and student housing.
Summary
ARMOUR Residential REIT is a real estate investment trust that invests primarily in residential mortgage-backed securities. The company has seen mixed media exposure, but Barclays recently raised their price target for the company to $5.00. For investors looking for exposure to the residential mortgage-backed securities market, ARMOUR Residential REIT offers a diversified portfolio with a variety of risks and rewards. This REIT is a good option for those looking to diversify their portfolio and invest in a niche market.
The company has strong fundamentals and provides a solid return on investment. With careful research and analysis, investors can find attractive opportunities in the residential mortgage-backed securities market through ARMOUR Residential REIT.
