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Armour Residential REIT (ARR) Outpaces Stock Market Gains: What You Should Know

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Armour Residential REIT (ARR - Free Report) closed the most recent trading day at $5.96, moving +1.71% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.7%. Elsewhere, the Dow gained 0.56%, while the tech-heavy Nasdaq added 7.5%.

Prior to today's trading, shares of the real estate investment trust had lost 0.68% over the past month. This has lagged the Finance sector's gain of 2.1% and was narrower than the S&P 500's loss of 0.94% in that time.

Armour Residential REIT will be looking to display strength as it nears its next earnings release. On that day, Armour Residential REIT is projected to report earnings of $0.31 per share, which would represent year-over-year growth of 14.81%. Our most recent consensus estimate is calling for quarterly revenue of $42.54 million, up 107.21% from the year-ago period.

Any recent changes to analyst estimates for Armour Residential REIT should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Armour Residential REIT is holding a Zacks Rank of #3 (Hold) right now.

Investors should also note Armour Residential REIT's current valuation metrics, including its Forward P/E ratio of 4.97. For comparison, its industry has an average Forward P/E of 7.5, which means Armour Residential REIT is trading at a discount to the group.

The REIT and Equity Trust industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 154, which puts it in the bottom 39% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize to follow all of these stock-moving metrics, and more, in the coming trading sessions.

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