With 1.24 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.48 million shares. During the session, the REIT – Mortgage company that operates in wider Real Estate sector, reached to the highest price of $18.8 whereas the lowest price it dropped to was $18.65. The 52-week range on ARR shows that it touched its highest point at $21.93 and its lowest point at $16.79 during that stretch. It currently has a 1-year price target of $20.17. With its current market cap of 1.04 billion, ARR has annualized dividend of $3.04 while the current yield stands at 16.27%. ARR paid its most recent dividend on 1731628800, while the ex-dividend date for that was 1731628800. Beta for the stock currently stands at 1.50.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ARR was down-trending over the past week, with a drop of -0.64%, but this was down by -4.74% over a month. Three-month performance dropped to -7.79% while six-month performance fell -1.53%. The stock gained 7.04% in the past year, while it has lost -3.26% so far this year. A look at the trailing 12-month EPS for ARR yields 2.36 with Next year EPS estimates of 4.16. For the next quarter, that number is 0.99. This implies an EPS growth rate of -16.41% for this year and 6.94% for next year. EPS is expected to decline by -11.36% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 33.80%.
Float and Shares Shorts:
At present, 55.76 million ARR shares are outstanding with a float of 55.45 million shares on hand for trading. On 2024-10-31, short shares totaled 3.79 million, which was 680.0000000000001 higher than short shares on 1727654400. In addition to Mr. Scott Jeffrey Ulm J.D. as the firm’s CEO, Vice Chairman & Head of Risk Management, Mr. Desmond E. Macauley serves as its Co-Chief Investment Officer & Head of Risk Management.
Institutional Ownership:
Through their ownership of 0.49225 of ARR’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ARR since 6 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ARR analysts setting a high price target of 21.0 and a low target of 19.5, the average target price over the next 12 months is 20.16667. Based on these targets, ARR could surge 12.36% to reach the target high and rise by 4.33% to reach the target low. Reaching the average price target will result in a growth of 7.9% from current levels.
Analysts have provided yearly estimates in a range of $3.94751 being high and $3.79646 being low. For ARR, this leads to a yearly average estimate of $3.88709. The surprise factor in the prior quarter was $0.97. Based on analyst estimates, the high estimate for the next quarter is $1.05 and the low estimate is $0.99. The average estimate for the next quarter is thus $1.02.
