Arbor Realty Trust, Inc. (NYSE:ABR) Receives Consensus Rating of “Reduce” from Analysts

Arbor Realty Trust, Inc. (NYSE:ABR) has been given a consensus rating of “Reduce” by the six analysts that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $13.75.

Several research analysts have recently issued reports on ABR shares. JPMorgan Chase & Co. lowered their price objective on Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating for the company in a research report on Tuesday, January 21st. Raymond James cut shares of Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a report on Monday, February 24th. Finally, Keefe, Bruyette & Woods cut their price target on shares of Arbor Realty Trust from $13.50 to $12.00 and set a “market perform” rating on the stock in a research note on Tuesday, February 25th.

Arbor Realty Trust Price Performance

ABR stock opened at $11.22 on Friday. Arbor Realty Trust has a 1 year low of $11.08 and a 1 year high of $15.94. The firm has a market capitalization of $2.13 billion, a P/E ratio of 9.43 and a beta of 2.05. The company has a debt-to-equity ratio of 2.41, a current ratio of 37.49 and a quick ratio of 35.68. The business’s 50-day moving average is $12.68 and its two-hundred day moving average is $13.90.

Arbor Realty Trust (NYSE:ABR) last announced its quarterly earnings data on Friday, February 21st. The real estate investment trust reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). The firm had revenue of $262.87 million during the quarter, compared to analyst estimates of $88.92 million. Arbor Realty Trust had a net margin of 22.66% and a return on equity of 14.75%. Analysts anticipate that Arbor Realty Trust will post 1.65 earnings per share for the current fiscal year.

Arbor Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 7th were paid a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 15.33%. The ex-dividend date of this dividend was Friday, March 7th. Arbor Realty Trust’s dividend payout ratio is currently 144.54%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Dunhill Financial LLC purchased a new position in shares of Arbor Realty Trust during the fourth quarter worth about $29,000. Smartleaf Asset Management LLC raised its stake in shares of Arbor Realty Trust by 280.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,624 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 1,934 shares during the last quarter. Bernard Wealth Management Corp. acquired a new stake in shares of Arbor Realty Trust during the fourth quarter worth $36,000. Glenmede Trust Co. NA grew its position in Arbor Realty Trust by 33.1% in the 3rd quarter. Glenmede Trust Co. NA now owns 2,818 shares of the real estate investment trust’s stock valued at $44,000 after buying an additional 701 shares during the last quarter. Finally, Quarry LP increased its stake in Arbor Realty Trust by 249.6% in the 4th quarter. Quarry LP now owns 3,531 shares of the real estate investment trust’s stock valued at $49,000 after buying an additional 2,521 shares during the period. 57.25% of the stock is currently owned by institutional investors and hedge funds.

Arbor Realty Trust Company Profile

Arbor Realty Trust, Inc invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental, and commercial real estate markets in the United States. The company operates through Structured Business and Agency Business segments. It primarily invests in bridge and mezzanine loans, including junior participating interests in first mortgages, and preferred and direct equity, as well as real estate-related joint ventures, real estate-related notes, and various mortgage-related securities.