Insiders' lack of ARMOUR Residential REIT stock purchases and significant selling suggest they don't see the shares as a bargain. Low insider ownership could be concerning, making the stock less attractive to buy.
Investors will parse through December housing starts and building permits data on Thursday to see whether activity in the sector has increased amid declining mortgage rates. December housing starts, which measures the construction of new homes in the U.S., is expected to have dropped by a FactSet consensus estimate of 8.1% last month. That would be down from a rise of 14.8% the prior month. Building permits, or the number...
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$ARMOUR Residential REIT Inc (ARR.US)$ $FREDDIE MAC (FMCC.US)$
December housing starts, which measures the construction of new homes in the U.S., is expected to have dropped by a FactSet consensus estimate of 8.1% last month. That would be down from a rise of 14.8% the prior month.
Building permits, or the number...
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