ARMOUR Residential REIT (NYSE:ARR) reported quarterly earnings of $0.27 per share which missed the analyst consensus estimate of $0.29 by 6.9 percent. This is unchanged from the same period last year. The company
ARMOUR Residential REIT (NYSE:ARR) reported quarterly earnings of $0.27 per share which missed the analyst consensus estimate of $0.29 by 6.9 percent. This is unchanged from the same period last year.
Industry experts predict the real estate sector will register slowed economic growth in 2023 amid higher-than-average inflation levels and growing recession fears. And real estate investment trusts (REITs) have historically remained well-positioned to weather economic uncertainties.
As of the close of business on Wednesday, 11/9, we captured the Top 10 Highest Short Interest % stocks within the Real Estate sector.
The average short interest for stocks within the Real Estate sector stands at 3.02%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.
As of the close of business on Friday, 10/21, we captured the Top 10 Highest Short Interest % stocks within the Real Estate Sector.
The average short interest for stocks within the Real Estate sector stands at 3.18%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.
On Monday, shares of ARMOUR Residential REIT, Inc. (NYSE: ARR) experienced volatile short activity. After the activity, the stock price went up +2.56% to $4.80.
The overall sentiment for ARR has been Bearish.
ARMOUR's Q3 2022 Preliminary Estimates
Book value per common share at September 30, 2022 was between $5.79 and $5.83 compared to $7.25 per common share at June 30,