Arbor Realty Trust (NYSE:ABR) Sets New 52-Week Low – Should You Sell?

Arbor Realty Trust (NYSE:ABR)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as $4.99 and last traded at $5.01, with a volume of 732291 shares. The stock had previously closed at $5.16.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Keefe, Bruyette & Woods dropped their price objective on shares of Arbor Realty Trust from $7.50 to $6.50 and set an “underperform” rating on the stock in a research note on Tuesday, May 12th. Weiss Ratings reissued a “sell (d+)” rating on shares of Arbor Realty Trust in a report on Friday, May 22nd. Citizens Jmp cut their price objective on shares of Arbor Realty Trust from $9.50 to $8.50 and set a “market outperform” rating on the stock in a research note on Thursday, May 14th. Zacks Research upgraded shares of Arbor Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Finally, Wall Street Zen lowered shares of Arbor Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $8.00.

Arbor Realty Trust Stock Performance

The firm’s fifty day simple moving average is $6.62 and its 200 day simple moving average is $7.49. The company has a market capitalization of $968.54 million, a price-to-earnings ratio of 12.91 and a beta of 1.14. The company has a debt-to-equity ratio of 2.71, a current ratio of 428.41 and a quick ratio of 428.41.

Arbor Realty Trust (NYSE:ABR) last released its quarterly earnings results on Friday, May 8th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.09). The firm had revenue of $119.67 million for the quarter, compared to analyst estimates of $109.86 million. Arbor Realty Trust had a net margin of 12.73% and a return on equity of 8.49%. On average, sell-side analysts forecast that Arbor Realty Trust will post 0.38 EPS for the current year.

Arbor Realty Trust Cuts Dividend

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

Insider Activity

In other Arbor Realty Trust news, insider David Erwin Friedman sold 7,685 shares of Arbor Realty Trust stock in a transaction on Monday, May 11th. The shares were sold at an average price of $6.87, for a total transaction of $52,795.95. Following the completion of the sale, the insider owned 59,638 shares of the company’s stock, valued at $409,713.06. This trade represents a 11.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 4.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On Arbor Realty Trust

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