Boston, MA – (Financialstrend) – 03/24/2014 – Investment-analysts at TheStreet firm downgraded ARMOUR Residential REIT, Inc (NYSE:ARR)from a “hold” to a “sell” rating in the note issued to the investors. The analysts wrote that. ARMOUR Residential REIT, Inc (NYSE:ARR) has now been downgraded by TheStreet Ratings and has dropped from hold to a sell. Its weaknesses can now be seen in various areas, like deteriorating net-income, its disappointing return on equity and weak operating-cash flow, its generally disappointing historical-performance in the stock & dismal growth in the earnings per share.
Recently, numerous other analysts have commented on the ARMOUR Residential REIT, Inc (NYSE:ARR) stock. MLV & Co. analysts have axed their Price Target on ARMOUR Residential REIT, Inc (NYSE:ARR) from $5.25 down to $5.00 in the research note on 3 March. Separately, Ladenburg Thalmann analysts have assigned a price target of $5.50 on ARMOUR Residential REIT, Inc (NYSE:ARR) shares in the research note on 28 February. Finally, analysts at the Ned Davis Research firm have upgraded ARMOUR Residential REIT, Inc (NYSE:ARR) shares from a “sell” to a “neutral” rating in the research note on 23 December.
Three research-analysts have rated the ARMOUR Residential REIT, Inc (NYSE:ARR) stock with a “sell” rating, 5 have assigned a “hold” rating and 1 has assigned a “buy” rating to ARMOUR Residential REIT, Inc (NYSE:ARR). Currently, the average rating on ARMOUR Residential REIT, Inc (NYSE:ARR) is a “hold” and the average price target is$5.05. ARMOUR Residential REIT, Inc (NYSE:ARR) is the externally-managed company that is managed by the ARMOUR Residential REIT, Inc. It mainly invests in hybrid adjustable-rate, adjustable rate & fixed rate residential- mortgage backed securities. These securities are all issued/ guaranteed by a U.S Government- sponsored-entity like the Federal National Mortgage Association/ the Federal Home Loan Mortgage Corporation/ are guaranteed by Government National Mortgage Administration which are collectively referred to as the Agency Securities.
