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

Shares of Arbor Realty Trust (NYSE:ABR) have been given a consensus recommendation of “Reduce” by the six brokerages that are currently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a sell recommendation, one has given a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $9.50.

Several equities research analysts recently weighed in on the company. Wall Street Zen raised Arbor Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, February 28th. Weiss Ratings lowered shares of Arbor Realty Trust from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, February 24th. Keefe, Bruyette & Woods lifted their price target on shares of Arbor Realty Trust from $7.50 to $8.00 and gave the company an “underperform” rating in a research report on Wednesday, March 4th. Piper Sandler dropped their price objective on shares of Arbor Realty Trust from $10.00 to $8.00 and set an “underweight” rating on the stock in a research note on Monday, December 22nd. Finally, JPMorgan Chase & Co. cut their price objective on shares of Arbor Realty Trust from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Thursday, December 4th.

Institutional Investors Weigh In On Arbor Realty Trust

Several hedge funds have recently added to or reduced their stakes in the stock. NWF Advisory Services Inc. bought a new position in Arbor Realty Trust in the 4th quarter valued at approximately $100,000. Alpine Global Management LLC bought a new stake in shares of Arbor Realty Trust in the 4th quarter worth $175,000. Virtu Financial LLC bought a new stake in shares of Arbor Realty Trust in the 4th quarter worth $737,000. Sunbelt Securities Inc. raised its stake in shares of Arbor Realty Trust by 211.3% in the fourth quarter. Sunbelt Securities Inc. now owns 183,764 shares of the real estate investment trust’s stock worth $1,426,000 after purchasing an additional 124,728 shares during the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of Arbor Realty Trust by 12.3% during the fourth quarter. Invesco Ltd. now owns 2,139,960 shares of the real estate investment trust’s stock valued at $16,606,000 after purchasing an additional 234,372 shares in the last quarter. 57.25% of the stock is owned by institutional investors.

Arbor Realty Trust Stock Performance

Arbor Realty Trust stock opened at $8.68 on Monday. Arbor Realty Trust has a fifty-two week low of $7.11 and a fifty-two week high of $12.73. The stock’s 50 day simple moving average is $7.84 and its two-hundred day simple moving average is $9.55. The company has a debt-to-equity ratio of 2.41, a quick ratio of 394.59 and a current ratio of 394.59. The stock has a market cap of $1.68 billion, a price-to-earnings ratio of 15.78 and a beta of 1.36.

Arbor Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 13.8%. The ex-dividend date of this dividend is Tuesday, March 10th. Arbor Realty Trust’s dividend payout ratio (DPR) is 218.18%.

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.