Arbor Realty Trust (NYSE:ABR) Receives $9.38 Average PT from Analysts

Arbor Realty Trust (NYSE:ABR) has earned an average rating of “Strong Sell” from the seven research firms that are presently covering the stock, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a sell rating, one has issued a hold rating and one has issued a buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $9.3750.

ABR has been the subject of several recent analyst reports. Weiss Ratings downgraded Arbor Realty Trust from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, January 26th. JPMorgan Chase & Co. lowered their target price on Arbor Realty Trust from $10.00 to $9.00 and set an “underweight” rating for the company in a research note on Thursday, December 4th. Zacks Research downgraded shares of Arbor Realty Trust from a “hold” rating to a “strong sell” rating in a research note on Monday, January 12th. Piper Sandler decreased their price target on shares of Arbor Realty Trust from $10.00 to $8.00 and set an “underweight” rating on the stock in a report on Monday, December 22nd. Finally, Keefe, Bruyette & Woods lowered their price objective on shares of Arbor Realty Trust from $8.50 to $7.50 and set an “underperform” rating for the company in a research report on Thursday, January 8th.

Insider Activity

In related news, CEO Ivan Kaufman purchased 29,000 shares of the stock in a transaction dated Monday, November 17th. The stock was bought at an average cost of $8.34 per share, for a total transaction of $241,860.00. Following the completion of the acquisition, the chief executive officer owned 54,000 shares of the company’s stock, valued at approximately $450,360. This represents a 116.00% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 3.80% of the company’s stock.

Institutional Investors Weigh In On Arbor Realty Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of ABR. Atlantic Union Bankshares Corp bought a new position in Arbor Realty Trust in the second quarter valued at about $27,000. Allworth Financial LP increased its stake in shares of Arbor Realty Trust by 77.8% in the second quarter. Allworth Financial LP now owns 2,583 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 1,130 shares during the period. Smartleaf Asset Management LLC increased its stake 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 buying an additional 1,175 shares during the period. HM Payson & Co. bought a new position in Arbor Realty Trust in the 3rd quarter valued at approximately $31,000. Finally, Ameritas Advisory Services LLC acquired a new stake in Arbor Realty Trust during the 2nd quarter worth approximately $32,000. Institutional investors own 57.25% of the company’s stock.

Arbor Realty Trust Stock Performance

Shares of NYSE:ABR opened at $7.80 on Thursday. Arbor Realty Trust has a 1 year low of $7.38 and a 1 year high of $14.33. The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of 9.75 and a beta of 1.39. The company has a debt-to-equity ratio of 2.51, a current ratio of 287.79 and a quick ratio of 287.79. The company’s 50 day simple moving average is $8.11 and its 200 day simple moving average is $10.11.

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.