JPMorgan Chase & Co. Issues Pessimistic Forecast for Arbor Realty Trust (NYSE:ABR) Stock Price

Arbor Realty Trust (NYSE:ABR) had its target price decreased by stock analysts at JPMorgan Chase & Co. from $11.50 to $10.50 in a research report issued on Wednesday,Benzinga reports. The firm currently has an “underweight” rating on the real estate investment trust’s stock. JPMorgan Chase & Co.‘s price target suggests a potential downside of 4.76% from the stock’s current price.

A number of other analysts have also recently commented on ABR. Raymond James cut shares of Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a research report on Monday, February 24th. Keefe, Bruyette & Woods decreased their target price on Arbor Realty Trust from $12.00 to $11.75 and set a “market perform” rating for the company in a research note on Monday, April 7th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $13.38.

Arbor Realty Trust Trading Up 2.7 %

ABR opened at $11.03 on Wednesday. The company has a market cap of $2.09 billion, a P/E ratio of 9.26 and a beta of 1.66. The company has a current ratio of 37.49, a quick ratio of 35.68 and a debt-to-equity ratio of 2.41. The company’s 50 day moving average is $12.04 and its 200-day moving average is $13.56. Arbor Realty Trust has a 1-year low of $9.66 and a 1-year high of $15.94.

Arbor Realty Trust (NYSE:ABR) last issued its earnings results on Friday, February 21st. The real estate investment trust reported $0.39 earnings per share (EPS) 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 return on equity of 14.75% and a net margin of 22.66%. Equities research analysts predict that Arbor Realty Trust will post 1.65 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. CIBC Asset Management Inc lifted its stake in Arbor Realty Trust by 4.3% in the fourth quarter. CIBC Asset Management Inc now owns 18,676 shares of the real estate investment trust’s stock valued at $259,000 after purchasing an additional 774 shares during the last quarter. Natixis Advisors LLC increased its stake in Arbor Realty Trust by 5.0% in the fourth quarter. Natixis Advisors LLC now owns 16,728 shares of the real estate investment trust’s stock valued at $232,000 after acquiring an additional 797 shares during the last quarter. Principal Securities Inc. lifted its stake in Arbor Realty Trust by 10.0% during the fourth quarter. Principal Securities Inc. now owns 9,062 shares of the real estate investment trust’s stock worth $126,000 after purchasing an additional 825 shares during the last quarter. Hennion & Walsh Asset Management Inc. boosted its holdings in shares of Arbor Realty Trust by 0.7% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 153,494 shares of the real estate investment trust’s stock worth $2,126,000 after purchasing an additional 1,007 shares in the last quarter. Finally, Xponance Inc. raised its holdings in shares of Arbor Realty Trust by 10.0% during the 4th quarter. Xponance Inc. now owns 13,288 shares of the real estate investment trust’s stock valued at $184,000 after buying an additional 1,209 shares in the last quarter. Hedge funds and other institutional investors own 57.25% of the company’s stock.

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.