Arbor Realty Trust (NYSE:ABR) Sets New 1-Year Low – Here’s What Happened

Arbor Realty Trust (NYSE:ABR)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $7.34 and last traded at $7.4250, with a volume of 2512882 shares changing hands. The stock had previously closed at $7.60.

Wall Street Analysts Forecast Growth

ABR has been the subject of a number of research reports. JPMorgan Chase & Co. decreased their price target 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 Arbor Realty Trust from a “hold” rating to a “strong sell” rating in a report on Monday, January 12th. Weiss Ratings raised Arbor Realty Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday. Keefe, Bruyette & Woods decreased 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 report on Thursday, January 8th. Finally, Piper Sandler lowered their target price on shares of Arbor Realty Trust from $10.00 to $8.00 and set an “underweight” rating for the company in a research note on Monday, December 22nd. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $9.38.

Arbor Realty Trust Stock Up 3.6%

The firm has a market cap of $1.50 billion, a price-to-earnings ratio of 9.61 and a beta of 1.39. The stock has a 50-day moving average of $7.99 and a 200-day moving average of $9.98. The company has a current ratio of 287.79, a quick ratio of 287.79 and a debt-to-equity ratio of 2.51.

Insider Transactions at Arbor Realty Trust

In other Arbor Realty Trust news, CEO Ivan Kaufman purchased 29,000 shares of Arbor Realty Trust stock in a transaction on Monday, November 17th. The stock was bought at an average price of $8.34 per share, for a total transaction of $241,860.00. Following the transaction, the chief executive officer owned 54,000 shares of the company’s stock, valued at $450,360. The trade was a 116.00% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 3.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Arbor Realty Trust

Several hedge funds and other institutional investors have recently bought and sold shares of ABR. Kestra Advisory Services LLC increased its holdings in shares of Arbor Realty Trust by 40.1% in the fourth quarter. Kestra Advisory Services LLC now owns 44,782 shares of the real estate investment trust’s stock valued at $348,000 after buying an additional 12,824 shares in the last quarter. Bridgefront Capital LLC acquired a new position in shares of Arbor Realty Trust in the 4th quarter worth $141,000. Charles Schwab Investment Management Inc. grew its holdings in shares of Arbor Realty Trust by 7.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,992,481 shares of the real estate investment trust’s stock worth $23,222,000 after acquiring an additional 208,674 shares during the last quarter. State Street Corp raised its position in shares of Arbor Realty Trust by 1.4% during the fourth quarter. State Street Corp now owns 7,469,100 shares of the real estate investment trust’s stock worth $57,960,000 after purchasing an additional 101,730 shares during the period. Finally, Van ECK Associates Corp lifted its holdings in shares of Arbor Realty Trust by 41.9% during the fourth quarter. Van ECK Associates Corp now owns 1,892,783 shares of the real estate investment trust’s stock valued at $14,688,000 after purchasing an additional 559,209 shares during the last quarter. 57.25% of the stock is currently owned by institutional investors.

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.