Arbor Realty Trust (NYSE:ABR) Receives $9.00 Consensus PT from Analysts

Arbor Realty Trust (NYSE:ABR) has earned an average rating of “Strong Sell” from the six ratings firms that are currently covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a sell rating and one has assigned a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $9.00.

A number of equities analysts have recently weighed in on the company. Weiss Ratings cut Arbor Realty Trust from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, February 24th. Citizens Jmp cut their price target on Arbor Realty Trust from $12.00 to $11.00 and set a “market outperform” rating for the company in a report on Thursday, April 2nd. Zacks Research cut Arbor Realty Trust from a “hold” rating to a “strong sell” rating in a report on Wednesday, March 25th. Keefe, Bruyette & Woods boosted their price target on Arbor Realty Trust from $7.50 to $8.00 and gave the stock an “underperform” rating in a report on Wednesday, March 4th. Finally, Wall Street Zen cut Arbor Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, March 28th.

Arbor Realty Trust Stock Performance

NYSE ABR opened at $7.80 on Tuesday. Arbor Realty Trust has a fifty-two week low of $7.11 and a fifty-two week high of $12.57. The stock has a market cap of $1.50 billion, a price-to-earnings ratio of 14.17 and a beta of 1.34. The business has a fifty day moving average of $7.75 and a 200-day moving average of $8.60. The company has a quick ratio of 394.59, a current ratio of 394.59 and a debt-to-equity ratio of 2.41.

Arbor Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th were given a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 15.4%. Arbor Realty Trust’s payout ratio is currently 218.18%.

Institutional Investors Weigh In On Arbor Realty Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in ABR. Smartleaf Asset Management LLC grew its position in shares of Arbor Realty Trust by 73.5% in the second quarter. Smartleaf Asset Management LLC now owns 2,774 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 1,175 shares during the period. HM Payson & Co. purchased a new stake in shares of Arbor Realty Trust in the third quarter valued at $31,000. Bayforest Capital Ltd purchased a new stake in shares of Arbor Realty Trust in the fourth quarter valued at $39,000. Rothschild Investment LLC grew its position in shares of Arbor Realty Trust by 1,264.6% in the third quarter. Rothschild Investment LLC now owns 3,275 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 3,035 shares during the period. Finally, Garton & Associates Financial Advisors LLC purchased a new stake in shares of Arbor Realty Trust in the fourth quarter valued at $42,000. Hedge funds and other institutional investors own 57.25% of the company’s stock.

Arbor Realty Trust Company Profile

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.