Should I buy or sell Arrow Financial stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Arrow Financial in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" AROW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AROW, but not buy additional shares or sell existing shares. View AROW analyst ratings or view top-rated stocks .

How have AROW shares performed in 2024?

Arrow Financial's stock was trading at $27.94 at the beginning of the year. Since then, AROW stock has decreased by 20.8% and is now trading at $22.13. View the best growth stocks for 2024 here .

When is Arrow Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 22nd 2024. View our AROW earnings forecast .

How were Arrow Financial's earnings last quarter?

Arrow Financial Co. (NASDAQ:AROW) posted its quarterly earnings data on Thursday, February, 1st. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by $0.04. The financial services provider earned $33.10 million during the quarter, compared to analysts' expectations of $35.01 million. Arrow Financial had a trailing twelve-month return on equity of 8.21% and a net margin of 15.69%.

How often does Arrow Financial pay dividends? What is the dividend yield for Arrow Financial?

Arrow Financial declared a quarterly dividend on Wednesday, January 31st. Shareholders of record on Monday, February 12th will be paid a dividend of $0.27 per share on Friday, February 23rd. This represents a $1.08 annualized dividend and a dividend yield of 4.88%. The ex-dividend date is Friday, February 9th. This is an increase from the stock's previous quarterly dividend of $0.25. Read our dividend analysis for AROW .

Is Arrow Financial a good dividend stock?

Arrow Financial (NASDAQ:AROW) pays an annual dividend of $1.08 per share and currently has a dividend yield of 4.97%. AROW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 22 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 60.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AROW will have a dividend payout ratio of 38.30% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AROW .

What other stocks do shareholders of Arrow Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Arrow Financial investors own include Paychex (PAYX) , Seacoast Banking Co. of Florida (SBCF) , Reaves Utility Income Fund (UTG) , Brookfield Infrastructure Partners (BIP) , Cisco Systems (CSCO) , Intel (INTC) , AT&T (T) , Enbridge (ENB) , Enterprise Products Partners (EPD) and AbbVie (ABBV) .

How do I buy shares of Arrow Financial?

Shares of AROW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:AROW

Arrow Financial (AROW) Stock Price, News & Analysis

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Free AROW Stock Alerts

$22.20

+0.30 (+1.37%)

(As of 10:39 AM ET)

Compare

Today's Range: $21.58
▼
$22.30
50-Day Range: $21.71
▼
$25.11
52-Week Range: $16.65
▼
$29.66

Volume: 6,495 shs
Average Volume: 40,305 shs
Market Capitalization: $367.41 million

P/E Ratio: 12.51
Dividend Yield: 4.86%
Price Target: N/A

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Arrow Financial MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
1.13% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.64
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 21.03%
From $2.33 to $2.82 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.14 out of 5 stars

Finance Sector

208th out of 847 stocks

National Commercial Banks Industry

33rd out of 82 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Arrow Financial.

4.0

Short Interest

Percentage of Shares Shorted
1.13% of the outstanding shares of Arrow Financial have been sold short.
Short Interest Ratio / Days to Cover
Arrow Financial has a short interest ratio ("days to cover") of 4.6.
Change versus previous month
Short interest in Arrow Financial has recently decreased by 11.30%, indicating that investor sentiment is improving significantly.

5.0

Dividend Strength

Dividend Leadership
Arrow Financial is a leading dividend payer. It pays a dividend yield of 4.97%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Arrow Financial has been increasing its dividend for 22 years.
Dividend Coverage
The dividend payout ratio of Arrow Financial is 60.87%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Arrow Financial will have a dividend payout ratio of 38.30% next year. This indicates that Arrow Financial will be able to sustain or increase its dividend.

3.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Arrow Financial has received a 26.70% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Cash withdrawal services", "Home insurance services for individuals", "Wire transfer services", "Home equity loans", "Home improvement financing", and "Landlord's insurance services for individuals" products. See details.
Environmental Sustainability
The Environmental Impact score for Arrow Financial is -0.64.

0.6

News and Social Media Coverage

MarketBeat Follows
3 people have added Arrow Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Arrow Financial insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.19% of the stock of Arrow Financial is held by insiders.
Percentage Held by Institutions
46.71% of the stock of Arrow Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Arrow Financial are expected to grow by 21.03% in the coming year, from $2.33 to $2.82 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Arrow Financial is 12.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of Arrow Financial is 12.47, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.04.
Price to Book Value per Share Ratio
Arrow Financial has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Arrow Financial Stock (NASDAQ:AROW)

Arrow Financial Corporation, a bank holding company, provides commercial and consumer banking, and financial products and services. The company's deposit products include demand deposits, interest-bearing checking accounts, savings deposits, time deposits, and other time deposits. Its lending activities comprise commercial loans, such as term loans, time notes, and lines of credit; and commercial real estate loans to finance real estate purchases, refinancing, expansions, and enhancement to commercial properties, as well as commercial construction and land development loans to finance projects. The company's lending activities also include consumer installment loans to finance personal expenditures, personal lines of credit, overdraft protection, and automobile loans; and residential real estate loans, fixed home equity loans, and home equity lines of credit for consumers to finance home improvements, debt consolidation, education, and other uses. In addition, it maintains an indirect lending program. Further, the company provides retirement planning, trust, and estate administration services for individuals, as well as pension, profit-sharing, and employee benefit plan administration services for corporations. Additionally, it offers insurance agency services comprising group health care policies and life insurance, and property and casualty insurance products; and investment advisory services to its proprietary mutual funds, as well as holds a real estate investment trust. It operates in the northeastern region of New York State in Warren, Washington, Saratoga, Essex, Clinton, Rensselaer, Albany, and Schenectady counties. Arrow Financial Corporation was founded in 1851 and is headquartered in Glens Falls, New York.

AROW Stock Price History

30 days | 90 days | 365 days | Advanced Chart

AROW Stock News Headlines

April 11, 2024 | finance.yahoo.com

Institutions own 37% of Arrow Financial Corporation (NASDAQ:AROW) shares but individual investors control 50% of the company

April 9, 2024 | sports.yahoo.com

F2 champion Pourchaire on standby for Arrow McLaren at Long Beach

April 19, 2024 | Tips4Traders (Ad)

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April 1, 2024 | markets.businessinsider.com

Arrow Markets Secures $4 Million in Series-A Funding to Bring Robinhood-like Experience to Trading

March 21, 2024 | bizjournals.com

Community Bank hires new commercial banking leader for Albany region, promotions at Arrow

March 18, 2024 | msn.com

ArrowMark Financial sees Net Asset Value of $21.50 in February

March 15, 2024 | finance.yahoo.com

Arrow Financial Full Year 2023 Earnings: Revenues Disappoint

March 14, 2024 | forbes.com

Arrow’s Mission: Stripe For Healthcare

April 19, 2024 | Tips4Traders (Ad)

Uncover this 2024 Hidden Gem

March 6, 2024 | investing.com

Arrow Financial expands with Whitehall branch acquisition

March 4, 2024 | finance.yahoo.com

Arrow Financial Insiders Added US$781.6k Of Stock To Their Holdings

February 28, 2024 | benzinga.com

Arrow Finl Stock (NASDAQ:AROW), Dividends

February 25, 2024 | yahoo.com

Green Arrow #9 Preview Pits Oliver Queen Against Amanda Waller

February 8, 2024 | markets.businessinsider.com

Arrow Electronics Inc. Q4 Profit Decreases, but beats estimates

February 6, 2024 | sports.yahoo.com

Arrow McLaren takes to social media to reveal 2024 livery of Alexander Rossi

February 6, 2024 | finance.yahoo.com

Why It Might Not Make Sense To Buy Arrow Financial Corporation (NASDAQ:AROW) For Its Upcoming Dividend

February 2, 2024 | finance.yahoo.com

Why Arrow Financial (AROW) is a Top Dividend Stock for Your Portfolio

February 1, 2024 | finance.yahoo.com

Arrow Reports 4th Quarter Net Income of $7.7 Million or $0.46 per Share and $30.1 Million or $1.77 per Share for 2023. Declares Cash Dividend of $0.27 per Share, its 43rd Consecutive Quarterly Dividend

February 1, 2024 | finance.yahoo.com

Arrow Financial (AROW) Q4 Earnings and Revenues Lag Estimates

January 26, 2024 | msn.com

Arrow's Stephen Amell And Emily Bett Rickards Have Reunited For New Movie, And Olicity Fans Should Check Out The Trailer

January 25, 2024 | msn.com

Arrow’s Emily Bett Rickards and Stephen Amell Reunite… for an Old West Shoot-‘Em-Up? Watch Movie Trailer

January 24, 2024 | yahoo.com

Intel Arrow Lake leak shows Thunderbolt 5 coming to desktop – and it could revolutionize gaming laptops as well

January 19, 2024 | finance.yahoo.com

The past year for Arrow Financial (NASDAQ:AROW) investors has not been profitable

December 23, 2023 | yahoo.com

That Time Warner Bros. Discovery Asked Stephen Amell To Pay Them To Promote Arrow At WWE SummerSlam

December 20, 2023 | msn.com

Here's Why Arrow Financial (AROW) Stock is a Must Buy Now

December 17, 2023 | msn.com

Arrow Financial (AROW) Price Target Increased by 40.00% to 28.56

December 14, 2023 | msn.com

Arrow Electronics and Infinidat sign manufacturing and fulfillment agreement

See More Headlines

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Company Calendar

Last Earnings: 2/01/2024
Ex-Dividend for 2/23 Dividend: 2/09/2024
Dividend Payable: 2/23/2024
Today: 4/18/2024
Next Earnings (Estimated): 7/22/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: National commercial banks
Sub-Industry: Specialized Finance
Current Symbol: NASDAQ:AROW
CUSIP: 04274410
CIK: 717538
Web: www.arrowfinancial.com
Phone: (518) 745-1000
Fax: 518-745-5513
Employees: 537
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $1.7744
Trailing P/E Ratio: 12.34
Forward P/E Ratio: 9.40
P/E Growth: N/A
Net Income: $30.08 million
Net Margins: 15.69%
Pretax Margin: 19.57%
Return on Equity: 8.21%
Return on Assets: 0.72%

Debt

Debt-to-Equity Ratio: 0.07
Current Ratio: 0.90
Quick Ratio: 0.90

Sales & Book Value

Annual Sales: $191.68 million
Price / Sales: 1.89
Cash Flow: $2.16 per share
Price / Cash Flow: 10.15
Book Value: $22.27 per share
Price / Book: 0.98

Miscellaneous

Outstanding Shares: 16,550,000
Free Float: 15,859,000
Market Cap: $362.45 million
Optionable: Optionable
Beta: 0.70

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Key Executives

Mr. David S. DeMarco (Age 62)
CEO, President & Director
Comp: $605.56k
Mr. David D. Kaiser (Age 63)
Senior Executive VP & Chief Credit Officer
Comp: $503.04k
Mr. Andrew J. Wise (Age 57)
Senior Executive VP, Chief Risk Officer & Company Secretary
Comp: $510.63k
Mr. Michael Jacobs (Age 53)
Executive VP & Chief Information Officer
Ms. Brooke Pancoe (Age 38)
Senior EVP & Chief Human Resources Officer
Annette Reitano
Senior VP and Director of Marketing & Communications of Glen Falls
Mr. Marc Yrsha (Age 45)
Senior EVP & Chief Banking Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AROW Stock Analysis - Frequently Asked Questions

Should I buy or sell Arrow Financial stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Arrow Financial in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" AROW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AROW, but not buy additional shares or sell existing shares.
View AROW analyst ratings or view top-rated stocks.
How have AROW shares performed in 2024?: Arrow Financial's stock was trading at $27.94 at the beginning of the year. Since then, AROW stock has decreased by 20.8% and is now trading at $22.13.
View the best growth stocks for 2024 here.
When is Arrow Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, July 22nd 2024.
View our AROW earnings forecast.
How were Arrow Financial's earnings last quarter?: Arrow Financial Co. (NASDAQ:AROW) posted its quarterly earnings data on Thursday, February, 1st. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by $0.04. The financial services provider earned $33.10 million during the quarter, compared to analysts' expectations of $35.01 million. Arrow Financial had a trailing twelve-month return on equity of 8.21% and a net margin of 15.69%.

How often does Arrow Financial pay dividends? What is the dividend yield for Arrow Financial?: Arrow Financial declared a quarterly dividend on Wednesday, January 31st. Shareholders of record on Monday, February 12th will be paid a dividend of $0.27 per share on Friday, February 23rd. This represents a $1.08 annualized dividend and a dividend yield of 4.88%. The ex-dividend date is Friday, February 9th. This is an increase from the stock's previous quarterly dividend of $0.25.
Read our dividend analysis for AROW.
Is Arrow Financial a good dividend stock?: Arrow Financial (NASDAQ:AROW) pays an annual dividend of $1.08 per share and currently has a dividend yield of 4.97%. AROW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 22 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 60.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AROW will have a dividend payout ratio of 38.30% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AROW.
What other stocks do shareholders of Arrow Financial own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Arrow Financial investors own include Paychex (PAYX), Seacoast Banking Co. of Florida (SBCF), Reaves Utility Income Fund (UTG), Brookfield Infrastructure Partners (BIP), Cisco Systems (CSCO), Intel (INTC), AT&T (T), Enbridge (ENB), Enterprise Products Partners (EPD) and AbbVie (ABBV).
How do I buy shares of Arrow Financial?: Shares of AROW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:AROW) was last updated on 4/19/2024 by MarketBeat.com Staff

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