Arbor Realty Trust (NYSE:ABR) Receives $7.38 Consensus Target Price from Analysts

Arbor Realty Trust (NYSE:ABR) has earned a consensus rating of “Reduce” from the six ratings firms that are currently covering the firm, Marketbeat reports. Four analysts have rated the stock with a sell rating, one has assigned a hold rating and one has given a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $7.3750.

A number of equities analysts have recently commented on the company. Piper Sandler dropped their price objective on Arbor Realty Trust from $8.00 to $5.50 and set an “underweight” rating on the stock in a research note on Thursday, July 2nd. Wall Street Zen downgraded Arbor Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. Citizens Jmp lowered their target price on Arbor Realty Trust from $9.50 to $8.50 and set a “market outperform” rating on the stock in a report on Thursday, May 14th. Zacks Research raised Arbor Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Finally, Keefe, Bruyette & Woods cut their price target on Arbor Realty Trust from $7.50 to $6.50 and set an “underperform” rating for the company in a report on Tuesday, May 12th.

Insider Transactions at Arbor Realty Trust

In related news, insider David Erwin Friedman bought 8,840 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was purchased at an average cost of $6.84 per share, for a total transaction of $60,465.60. Following the purchase, the insider directly owned 68,478 shares in the company, valued at $468,389.52. This trade represents a 14.82% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 4.20% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. UBS Group AG lifted its stake in shares of Arbor Realty Trust by 111.4% in the fourth quarter. UBS Group AG now owns 1,045,564 shares of the real estate investment trust’s stock valued at $8,114,000 after buying an additional 550,875 shares during the period. GraniteShares Advisors LLC bought a new position in Arbor Realty Trust during the fourth quarter valued at about $2,699,000. Azora Capital LP bought a new position in Arbor Realty Trust during the third quarter valued at about $7,897,000. Hudson Bay Capital Management LP acquired a new position in Arbor Realty Trust in the 3rd quarter valued at approximately $4,942,000. Finally, Lighthouse Investment Partners LLC raised its holdings in Arbor Realty Trust by 184.2% in the 3rd quarter. Lighthouse Investment Partners LLC now owns 348,371 shares of the real estate investment trust’s stock valued at $4,254,000 after acquiring an additional 225,775 shares in the last quarter. Institutional investors own 57.25% of the company’s stock.

Arbor Realty Trust Stock Performance

Shares of Arbor Realty Trust stock traded up $0.10 on Friday, reaching $5.05. The stock had a trading volume of 2,527,376 shares, compared to its average volume of 3,835,175. The company has a debt-to-equity ratio of 2.71, a quick ratio of 428.41 and a current ratio of 428.41. The business’s 50-day moving average price is $5.66 and its two-hundred day moving average price is $7.05. The stock has a market cap of $972.38 million, a P/E ratio of 12.96 and a beta of 1.15. Arbor Realty Trust has a fifty-two week low of $4.86 and a fifty-two week high of $12.57.

Arbor Realty Trust (NYSE:ABR) last announced its earnings results on Friday, May 8th. The real estate investment trust reported $0.07 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.09). The firm had revenue of $119.67 million during the quarter, compared to the consensus estimate of $109.86 million. Arbor Realty Trust had a return on equity of 8.49% and a net margin of 12.73%. On average, sell-side analysts forecast that Arbor Realty Trust will post 0.32 EPS for the current year.

Arbor Realty Trust Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $0.68 dividend on an annualized basis and a yield of 13.5%. Arbor Realty Trust’s payout ratio is 174.36%.

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.