Arbor Realty Trust (NYSE:ABR) Lowered to Sell Rating by Wall Street Zen

Wall Street Zen lowered shares of Arbor Realty Trust (NYSE:ABR) from a hold rating to a sell rating in a report issued on Saturday.

Several other research analysts have also commented on ABR. Keefe, Bruyette & Woods lifted 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. 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. Piper Sandler reduced their target price 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. Zacks Research lowered shares of Arbor Realty Trust from a “hold” rating to a “strong sell” rating in a report on Wednesday. Finally, JPMorgan Chase & Co. dropped their price target on shares of 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. One analyst has rated the stock with a Buy rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, Arbor Realty Trust presently has a consensus rating of “Strong Sell” and an average target price of $9.50.

Arbor Realty Trust Price Performance

Arbor Realty Trust stock opened at $7.38 on Friday. The stock has a market capitalization of $1.42 billion, a P/E ratio of 13.41 and a beta of 1.36. The company’s fifty day moving average price is $7.78 and its 200 day moving average price is $9.14. The company has a debt-to-equity ratio of 2.41, a quick ratio of 394.59 and a current ratio of 394.59. Arbor Realty Trust has a 1 year low of $7.11 and a 1 year high of $12.57.

Arbor Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 16.3%. The ex-dividend date was Tuesday, March 10th. Arbor Realty Trust’s dividend payout ratio (DPR) is currently 218.18%.

Institutional Investors Weigh In On Arbor Realty Trust

Large investors have recently added to or reduced their stakes in the business. Amalgamated Bank raised its holdings in shares of Arbor Realty Trust by 1.9% in the third quarter. Amalgamated Bank now owns 55,643 shares of the real estate investment trust’s stock worth $679,000 after acquiring an additional 1,062 shares during the last quarter. Jamison Private Wealth Management Inc. boosted its stake in shares of Arbor Realty Trust by 7.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 15,108 shares of the real estate investment trust’s stock valued at $184,000 after acquiring an additional 1,086 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its stake in shares of Arbor Realty Trust by 6.9% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 17,527 shares of the real estate investment trust’s stock valued at $214,000 after acquiring an additional 1,130 shares during the last quarter. Byrne Financial Freedom LLC increased its position in Arbor Realty Trust by 8.0% during the 2nd quarter. Byrne Financial Freedom LLC now owns 15,548 shares of the real estate investment trust’s stock worth $166,000 after purchasing an additional 1,157 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its position in Arbor Realty Trust by 73.5% during the 2nd 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 in the last quarter. 57.25% of the stock is owned by hedge funds and other institutional investors.

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.