Arbor Realty Trust (NYSE:ABR) Receives Consensus Rating of “Reduce” from Brokerages

Arbor Realty Trust (NYSE:ABR) has received an average rating of “Reduce” from the seven analysts that are presently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and one has issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $9.3750.

Several equities analysts have recently issued reports on ABR shares. Piper Sandler decreased their price target on shares of Arbor Realty Trust from $10.00 to $8.00 and set an “underweight” rating for the company in a report on Monday, December 22nd. JPMorgan Chase & Co. decreased their price objective on Arbor Realty Trust from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Thursday, December 4th. Wall Street Zen cut shares of Arbor Realty Trust from a “hold” rating to a “sell” rating in a research note on Sunday, October 26th. Keefe, Bruyette & Woods cut their price target on shares of Arbor Realty Trust from $8.50 to $7.50 and set an “underperform” rating for the company in a research note on Thursday. Finally, Zacks Research upgraded shares of Arbor Realty Trust from a “strong sell” rating to a “hold” rating in a research note on Friday, October 3rd.

Arbor Realty Trust Stock Performance

Shares of Arbor Realty Trust stock opened at $8.06 on Friday. The company has a debt-to-equity ratio of 2.51, a current ratio of 287.79 and a quick ratio of 287.79. The firm has a 50 day simple moving average of $8.57 and a 200 day simple moving average of $10.56. Arbor Realty Trust has a fifty-two week low of $7.58 and a fifty-two week high of $14.33. The firm has a market cap of $1.58 billion, a P/E ratio of 10.07 and a beta of 1.39.

Arbor Realty Trust (NYSE:ABR) last posted its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.07. Arbor Realty Trust had a return on equity of 11.63% and a net margin of 20.07%.The business had revenue of $162.49 million for the quarter, compared to analysts’ expectations of $72.26 million. Sell-side analysts predict that Arbor Realty Trust will post 1.65 earnings per share for the current fiscal year.

Arbor Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Friday, November 14th were issued a $0.30 dividend. The ex-dividend date of this dividend was Friday, November 14th. This represents a $1.20 dividend on an annualized basis and a yield of 14.9%. Arbor Realty Trust’s payout ratio is currently 150.00%.

Insider Activity at Arbor Realty Trust

In related news, CEO Ivan Kaufman acquired 29,000 shares of the stock in a transaction on Monday, November 17th. The shares were purchased at an average price of $8.34 per share, for a total transaction of $241,860.00. Following the purchase, the chief executive officer directly owned 54,000 shares in the company, valued at approximately $450,360. The trade was a 116.00% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 3.80% of the company’s stock.

Institutional Trading of Arbor Realty Trust

Large investors have recently bought and sold shares of the business. Royal Bank of Canada boosted its holdings in shares of Arbor Realty Trust by 3.5% during the 1st quarter. Royal Bank of Canada now owns 132,181 shares of the real estate investment trust’s stock worth $1,553,000 after buying an additional 4,470 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Arbor Realty Trust by 25,163.2% during the first quarter. Jones Financial Companies Lllp now owns 4,800 shares of the real estate investment trust’s stock valued at $56,000 after purchasing an additional 4,781 shares during the period. United Services Automobile Association bought a new position in shares of Arbor Realty Trust during the 1st quarter worth about $145,000. Focus Partners Wealth acquired a new stake in shares of Arbor Realty Trust in the 1st quarter valued at about $161,000. Finally, Strs Ohio bought a new stake in Arbor Realty Trust in the 1st quarter valued at about $404,000. 57.25% of the stock is owned by institutional investors and hedge funds.

About Arbor Realty Trust

Arbor Realty Trust, Inc (NYSE: ABR) is a real estate investment trust specializing in the origination, acquisition, financing, structuring and management of commercial real estate loans and securities. The company focuses primarily on multifamily and commercial mortgage lending, targeting properties such as apartment communities, senior housing and healthcare facilities. Through both agency and non-agency channels, Arbor Realty Trust seeks to deliver liquidity solutions to borrowers while generating stable, risk-adjusted returns for its shareholders.

Core business activities include originating first-mortgage loans secured by multifamily and mixed-use properties, as well as providing mezzanine financing and preferred equity investments.