Analysts Set Arbor Realty Trust (NYSE:ABR) PT at $9.50

Arbor Realty Trust (NYSE:ABR) has received an average recommendation of “Strong Sell” from the six research firms that are presently covering the company, Marketbeat reports. Five analysts have rated the stock with a sell recommendation and one has issued a buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $9.50.

ABR has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods increased their price objective on shares of Arbor Realty Trust from $7.50 to $8.00 and gave the company an “underperform” rating in a research note on Wednesday, March 4th. Wall Street Zen lowered shares of Arbor Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday. Weiss Ratings cut shares of Arbor Realty Trust from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, February 24th. Zacks Research downgraded Arbor Realty Trust from a “hold” rating to a “strong sell” rating in a research note on Wednesday, March 25th. Finally, Piper Sandler lowered their price objective on Arbor Realty Trust from $10.00 to $8.00 and set an “underweight” rating for the company in a report on Monday, December 22nd.

Institutional Investors Weigh In On Arbor Realty Trust

Several institutional investors and hedge funds have recently made changes to their positions in ABR. Smartleaf Asset Management LLC lifted its stake in Arbor Realty Trust by 73.5% during the second quarter. Smartleaf Asset Management LLC now owns 2,774 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 1,175 shares during the last quarter. HM Payson & Co. bought a new stake in Arbor Realty Trust during the third quarter valued at $31,000. Bayforest Capital Ltd acquired a new stake in shares of Arbor Realty Trust during the fourth quarter worth $39,000. Rothschild Investment LLC raised its holdings in shares of Arbor Realty Trust by 1,264.6% during the third quarter. Rothschild Investment LLC now owns 3,275 shares of the real estate investment trust’s stock worth $40,000 after purchasing an additional 3,035 shares during the period. Finally, Garton & Associates Financial Advisors LLC bought a new position in shares of Arbor Realty Trust in the 4th quarter worth about $42,000. 57.25% of the stock is owned by institutional investors and hedge funds.

Arbor Realty Trust Stock Performance

Shares of ABR opened at $7.38 on Friday. The firm has a market cap of $1.42 billion, a price-to-earnings ratio of 13.41 and a beta of 1.36. The company has a quick ratio of 394.59, a current ratio of 394.59 and a debt-to-equity ratio of 2.41. The business’s 50 day moving average is $7.78 and its two-hundred day moving average is $9.12. Arbor Realty Trust has a 52-week low of $7.11 and a 52-week high of $12.57.

Arbor Realty Trust Dividend Announcement

The company also recently announced 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 was Tuesday, March 10th. This represents a $1.20 annualized dividend and a dividend yield of 16.3%. Arbor Realty Trust’s dividend payout ratio (DPR) is presently 218.18%.

About Arbor Realty Trust

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.